The image, looking east, is dated April 2020. It’s from the Pictometry module of Monroe County’s online property lookup system. Annotation by The B Square.
Looking northwest towards the the Showers administration building at 10th and Morton Streets.
Looking north towards the the Showers administration building at 10th and Morton Streets.
The boarded up historic Showers administration building in the Trades District, north of city hall, will be getting at least a partial rehab by its new owner, Eurton Properties.
The conveyance agreement, which calls for Eurton to pay $400,000 for the property, was approved by Bloomington’s redevelopment commission (RDC) at its regular Monday evening meeting.
Looking north towards the the Showers administration building at 10th and Morton Streets.
Looking northwest towards the the Showers administration building at 10th and Morton Streets.
The image, looking east, is dated April 2020. It’s from the Pictometry module of Monroe County’s online property lookup system. Annotation by The B Square.
The old Showers Company administration building at 10th and Morton will not be purchased by Fine Tune from Bloomington’s redevelopment commission (RDC)—at least not under an agreement inked last year.
If the deal had come to fruition, Fine Tune would have purchased the building and parking lot to the north for $400,000, after a period to assess the feasibility of converting the building to serve as its corporate headquarters.
This image, looking west at the old Showers administration building, dated May 2019, is from Google’s Street View. The image links to Street View.
The administration building at 10th and Morton is the third of three old Showers Company buildings in Bloomington’s Trades District, north of city hall, that now has a possible future as an adaptive reuse project.
A process for closing a deal on the building was put in place through an agreement that was approved at Monday’s meeting of the Bloomington redevelopment commission (RDC).
The RDC’s agreement for an eventual $400,000 purchase of the administration building, and the parking lot just to the north, is with 601 North Morton, LLC. That’s the entity that has been set up by Rich Ham and Matt Smith. Ham and Smith are CEO and CFO, respectively, of a company called Fine Tune.
The old dimension mill and the kiln building are two other old Showers Company properties that the RDC has put at least on a path for redevelopment.
The dimension mill is already home to The Mill, a co-working space that launched in late 2018. A transaction was completed for the kiln building in early 2020. But the plans of the Kiln Collective have been paused by the pandemic, which has caused dramatic increases in construction prices.
Fine Tune describes itself as “a niche expense management company focused on a small handful of particularly burdensome ‘nuisance’ expenses.” Examples of nuisance expenses are services for uniforms, waste disposal, and pest control.
The building is planned to serve as the corporate headquarters for Fine Tune.
The image, looking east, is dated April 2020. It’s from the Pictometry module of Monroe County’s online property lookup system. Annotation by The B Square.
