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Looking From Above at Stopped Medallion

By Eric Richardson
Published: Tuesday, May 13, 2008, at 04:30PM
Medallion Project Eric Richardson [Flickr]

Construction has stopped on the Medallion project at 4th and Main.

Given the Downtown News' report that work on the Medallion project has stopped, it seemed useful to give people an idea of what sort of site the project leaves behind during its pause.

Extensive excavation was done earlier in the construction process in order to put in foundations, but the site today is largely level, with odd bits of concrete support jutting up throughout.

The Medallion site contains a significant slope, and the leveled lot leaves it one-story below grade at the corner of 4th and Main.

The site is an important one for the Historic Core, representing one of the largest gaps in the neighborhood's redevelopment. Many had criticized the project for bringing too little density to such a large site. The project was originally announced with 370 residential units, but as of the latest plans has been scaled back to only 200, along with roughly 200,000 sq. ft. of retail.

It will be particularly interesting to see whether the project that eventually resumes is the same one that is now halted. How the Downtown market weathers the current financing crunch will have a lot to say in that.

Previously: Twin Historic Core Construction Sites Move Forward (March)

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