Columbia Gas Building Purchased by CC-13 Development
The fate of the 15-story Downtown Columbia Gas building has been in limbo following the March 2011 announcement that the company would relocate in 2014 to a new headquarters in the Arena District.
Today, the CC-13 development company (owned by Robert Meyers and Casto Partners) announced that that they would be purchasing the building and are working to secure a new office tenant for the 239,000 square foot building and 484-space attached parking deck.
“While its business growth requires relocation to a larger HQ facility, the City is fortunate that the leadership of Columbia Gas possesses the loyalty to select Downtown for its new headquarters,” said developer Don Casto.
The Columbia Gas building is located only a few blocks from another Casto/Meyers joint venture project: The LeVeque Tower, which is being renovated into a full mixed-use building and receiving a historic facade update.
The Columbia Gas building is expected to go through minimal modification as CC-13 is engaged with three single tentant prospects who would utilize the building in its current format as Class A office space. Officials noted that a modification into a multi-user office building may be an option depending upon tenant interest. Additionally, the new owners plan to add one or two additional levels of parking to the garage structure.