Chase Bank Demolition To Cost City of Wheeling $475,000
Wheeling City Council members are moving forward with plans for a new downtown parking garage, and legislation set to be introduced tonight would get the wrecking ball swinging on a vacant Market Street building where it would be located.
An ordinance is scheduled for a first reading before Wheeling City Council tonight authorizing City Manager Robert Herron to spend $475,000 with Raze International of Shadyside for abatement and demolition of 1114 Market Street, the former Chase Bank building. According to the ordinance, money from the city’s Project Fund will be used and those funds will be reimbursed through bonds.
Raze International was the low bidder for the contract, according to the legislation. Other contractors submitting bids for the work were Blue Gold Development of Rivesville, W.Va., with a bid of $518,880 and Reclaim Co. of Fairmont, W.Va., with a bid of $618,378.
City leaders agreed to construct the new parking garage to create parking for tenants of the new Historic Wheeling-Pitt Lofts, a 12-story apartment complex in the former Wheeling-Pittsburgh Steel headquarters. Plans also call for the creation of retail space on the street level of the new structure.
Members of the Wheeling Planning Commission just last week approved the site plan and special use permit request for the new structure submitted by architects from Mills Group on behalf of the city. Wheeling officials indicated the new parking structure could cost around $14 million to build.
Wheeling City Council is scheduled to meet at 5:30 p.m. today in council chambers inside the City-County Building on Chapline Street. The Finance Committee of Council is slated to meet immediately beforehand at 5:15 p.m. to review the city’s financial report from the month of August, and the Development Committee of Council is set to meet prior to that at 4:15 p.m. to discuss various issues, including sidewalk replacements and repairs, changes to accessory structure regulations and aid to local restaurants to add, expand or improve outdoor seating accommodations through use of American Rescue Plan funds.
Several other pieces of legislation are scheduled to be introduced during tonight’s council meeting. They include ordinances authorizing:
∫ The transfer of $250,000 to the Greater Wheeling Sports and Entertainment Authority for the city’s newly created Entertainment Endowment Fund.
∫ The transfer of $200,000 to the Ohio Valley Area Development Corporation for economic development purposes.
∫ The expenditure of $40,678 with Grow Ohio Valley of Wheeling for reimbursement of Healthiest Cities and Counties Challenge to be charged to the Consolidated Investment Fund.
∫ The expenditure of funds in an amount not to exceed $10,560 with Youth Services System to be charged to the city’s Community Development Block Grant Fund.
A resolution is also slated for approval to award $2,400 to St. Matthew Episcopal Church, 1410 Chapline St., Wheeling, for participating in the city’s Facade Improvement Program.