YOUR BUSINESS AUTHORITY

Springfield, MO

SBJ photo by Wes Hamilton

From the Ground Up: Mixed-use on Madison

616 E. Madison St.

Posted online

Owner/developer: Magers Management Co. LLC
General contractor: Ross Construction Group LLC
Architect: H Design Group LLC
Engineers: Lee Engineering and Associates LLC, civil; Bergmann Engineering Co. LLC, structural; and CJD Engineering LLC, mechanical, electrical and plumbing
Size: 17,127 square feet
Estimated cost: $2 million, per city permit
Lender: WND
Estimated completion: September
Project description: Officials with real estate company Magers Management Co. have not yet named this mixed-use project near the campus of Missouri State University. Shannon Handwerker, vice president of operations for Magers Management, said it’s designed with up to five commercial bays on the ground floor and 20 microapartments above. Magers Management, led by Randy Magers, plans to open an office of its own to be near campus, Handwerker said. She said there are no signed tenants for the roughly 7,000 square feet of commercial space, but the company is targeting retailers and restaurants. Rental rates have not yet been established for the fully furnished, nearly 400-square-foot units on the second floor. Prior to construction, contractors demolished five aging residential properties at the corner of Madison Street and Kimbrough Avenue.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Open for Business: Soap Refill Station

A pair of former Springfield residents start a refilling shop for soaps, shampoos and other cleaning products; Midwest Archery opens at the former Carpet Barn; and The Rib Shack rebrands as The Rib Joint LLC.

Most Read
SBJ.net Poll
How often do you use the greenway trails in and around Springfield?

View results