A downtown landmark on Jefferson Street is back on the market.
\nCityScapes, the downtown development company founded by
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\nbiotech pioneer Jim Hudson and his wife, Susie, bought the old Hale Brothers Furniture building in December 2000 with the idea of turning it into nightclubs and condominiums.<\/p>\n
But CityScapes President Ralph Gipson said Tuesday that the company decided against the renovation after learning the cost: about $4 million.<\/p>\n
CityScapes put the sprawling, three-story building up for sale several months ago and has been quietly shopping it around. Gipson declined to reveal the asking price.<\/p>\n
He said one potential buyer has talked about converting it into apartments and perhaps other uses. Another would open a restaurant there.<\/p>\n
“At this time, we have no (sales) contract,” Gipson said. “But I do think there’s a good possibility it could be under contract soon.”<\/p>\n
The 53,000-square-foot building near the corner of Jefferson Street and Clinton Avenue has a rich history: It was Huntsville Utilities’ headquarters for a time and housed family-owned Hale Brothers Furniture from 1956 until early 2002.<\/p>\n
Whoever buys the Depression-era building will need to shore up its structural supports, Gipson said.<\/p>\n
CityScapes is converting the former nightclub at 115 Clinton Ave. into the future home of Crossroads Cafe, a popular music club and bar now in the MarketSquare shopping center at Clinton and Memorial Parkway. Gipson said that work should be finished in October.<\/p>\n
Crossroads’ move to a much larger space could bring hundreds of music fans each weekend to the burgeoning entertainment district around the courthouse. It will be just a few steps from Humphrey’s Bar & Grill on Washington Street, also owned by CityScapes.<\/p>\n","protected":false},"excerpt":{"rendered":"
A downtown landmark on Jefferson Street is back on the market. CityScapes, the downtown development company founded by<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-1573","post","type-post","status-publish","format-standard","hentry","category-furniture-world-news"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/1573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/comments?post=1573"}],"version-history":[{"count":0,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/posts\/1573\/revisions"}],"wp:attachment":[{"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/media?parent=1573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/categories?post=1573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/indonesia-furniture.com\/articles\/wp-json\/wp\/v2\/tags?post=1573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}