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Shy Keeps Buying on Spring

By Eric Richardson
Published: Thursday, March 30, 2006, at 10:58AM

Barry Shy's had a pretty rocky relationship with the residents of Downtown, but both sides are going to have to figure something out. Reports are out today that Shy has bought the "Spring Street Plaza" buildings for $75 million. The buildings (600 S. Spring, 650 S. Spring and 111 W. 7th) had been owned by parking company L&R and have been on the block for a while now.

The two Spring Street buildings have housed a large percentage City workers, who I take it should be moving into new digs sometime in the not too distant future. I haven't heard how the City's rehab of the Broadway Transamerica building has been going, but the plan was for many City workers to consolidate there.

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