Buyer Looms For The Containery In Downtown Waco | local government. and politics
The colors of the Containery have not changed, but the ownership has changed. TFNB Your Bank For Life, which financed the construction, seized the property in June, claiming 4th & Jackson LLC had defaulted on a loan of more than $ 4.4 million.
Glime, previously hired by Wetterman to find tenants, focused on marketing the entire building at a cost of $ 6.5 million.
That price hasn’t changed, Glime said last week.
In June, Glime told the Tribune-Herald: “I spoke with architects, designers and other artists in the city, and we came up with some ideas to maintain the uniqueness and eclectic character of The Containery.
“Dissatisfaction with the color has been raised by the city, but everyone has been open to talking about it. Everyone wants the best for the property,” said Glime.
Suggestions included masking The Containery with murals, ivy, or creative landscaping, he said at the time.
When asked last week if the colors would change with a new owner, Glime said he would prefer not to answer that question at this time.
Glime said The Containery hasn’t proven to be a hard sell, and it hasn’t had a hard time engaging tenants in its many nooks and crannies. He said in June that he had received 75 offers to lease space over four years, starting in 2017.