Downtown RiverLoop building sits empty all year | Political News

WATERLOO — The city has been unable to lure a new user to the downtown RiverLoop Public Market Building a full year after the previous tenant moved out.

The city-owned building at 327 W. Third St. remains empty since the original tenant, a grocery and restaurant cooperative, departed at the end of September 2016.

While city officials said there’s interest in the building, which represents about $1 million of the $5.7 million public investment in the downtown two-block RiverLoop Expo Plaza, they are not close to signing any leases at this point.

WATERLOO — The downtown RiverLoop Public Market Cooperative is folding up its tent.

“We have shown it about 12 to 15 times to potential tenants,” said Community Planning and Development Director Noel Anderson.

Those interested parties have ranged from grocers to a convenience store to professional office uses. But Anderson said there was concern professional offices wouldn’t create a symbiotic relationship to the plaza, which is used for events like weddings, community celebrations and farmer’s markets.

“The city is very interested in talking with all interested groups but wants to ensure whatever entity goes into the space interacts positively with the abutting Expo Plaza space,” Anderson said.

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