A Springfield development group that wants to renovate the
vacant Frisco Building at 601 S. Main St. into apartments
for senior citizens plans to close a deal to buy the
building this week, a spokeswoman said Sunday.
“We have a contract to purchase it, and it’s
scheduled to close this week,” said Denise Ogan, in charge
of development and acquisitions for Carlson Gardner Inc. of
Springfield.
Carl Wilson of Carl Junction owns the Frisco Building,
which has stood empty for 14 years.
Ogan said a clause in the contract prevents her from
discussing certain provisions of the deal, including the
price tag, until Carlson Gardner Inc. takes over the title
to the building.
Preliminary plans for the first floor include leasing
offices. The rest of the eight-story building would be used
for apartments.
The building, built by the Frisco Railroad, opened in
1913. It was used as a train depot and for office space. The
Frisco was sold to Financial Reserve Life Insurance Co. in
1956, and since then has had a succession of owners.
Ogan said Carlson Gardner Inc. will submit an application
in October for Missouri Housing Development Commission money
for the proposed project. The money would be awarded after
January 2002.
Ogan said one has to have a contract for the land or a
building to apply for money from the state housing
commission.
“We’ll own the building before we even submit an
application,” Ogan said.
Asked what would happen if state housing money were not
awarded to Carlson Gardner Inc. for the project, Ogan said,
“I can’t comment on that.”
John Joines, executive director of the Economic Security
Corp. of the Southwest Area, said in early May that
representatives of Carlson Gardner Inc. had contacted his
office because the ESC has access to state and federal
housing money that would be crucial for the developer to
complete the renovation.
“We brought everybody to the table, and we brought the
project to them (Carlson Gardner Inc.),” Joines said this
weekend.
“I told them we had a building here, and there was
interest in revitalizing it.”
Joines said Carlson Gardner Inc. will submit an
application for state housing money, and the ESC will write
letters of support to the governor and housing commission
members on Carlson Gardner Inc.’s behalf.
Carlson Gardner Inc. representatives, Joines said, also
will seek historic-preservation tax credits through the
state in connection with its plans to renovate the building.
Joines said ESC personnel would be in the Frisco Building
after the renovation to work with elderly and low-income
residents of Barton, Jasper, Newton and McDonald counties.
Joines said the ESC is planning to submit an application
for Community Service Block Grant money, through the
Department of Social Services, to offer transportation to
the mall, pharmacies and hospitals from the Frisco Building.
In addition to Carlson Gardner Inc., Mercy Housing
Midwest of Omaha, Neb., and an unidentified local developer
were interested in purchasing and renovating the Frisco
Building into housing for senior citizens.
Tom Rice, Mercy Housing Midwest director, told Joplin
civic leaders in May that his group was interested in the
building, and that its proposed project would cost about $8
million.
Rice at the time said his company’s plans called for
60,000 square feet of the 72,000-square-foot building to be
devoted to housing for senior citizens. The plans also
called for 50, two-bedroom units.
Doris Carlin, a Joplin real-estate agent who has been
working with the Joplin Area Chamber of Commerce in finding
a buyer for the Frisco, has said a Joplin developer was
interested in the building, but she did not identify the
developer.