At the NDDC, we place great value on Reassurance, Recruitment, Retention, and Rumors. More on that some other time.
However, we will share a hot rumor with you. We have heard that there is a verbal agreement to sell the downtown Community National Bank building to Mendota Homes and that the written agreement is either executed or close to execution.
We understand that it is Mendota Homes’ intention to remove the one story building and build a structure that is more in keeping with the type of structure built on the other corners of that intersection. Specifically, we have heard that there will be underground parking, that Community National will retain a downtown presence on the the first floor, that a rapidly growing downtown office user will be on the second floor and that there will be three floors of housing above.
We believe that two levels of office users and three levels of residential users will contribute to the vitality of downtown. At the NDDC, we also value downtown vitality.