You have reached your limit of free articles this month.

Enjoy unlimited access to

Starting at just 99¢ for 8 weeks.


  • ePAPER

You have read of premium articles.

Get unlimited access to all of our breaking news, in-depth coverage and interactive features. Starting at just 99c for 8 weeks.


Welcome to

Your source for Clark and Champaign counties’ hometown news. All readers have free access to a limited number of stories every month.

If you are a News-Sun subscriber, please take a moment to login for unlimited access.

Planned development near park will be smaller

A planned four-story office building overlooking the $2.5 million downtown National Road Commons park will be downscaled and could be potentially moved to a different location, according to the site developer.

Overlook Commons, a four-story, 60,000-square-foot office and retail complex at West Main and Center Streets, was expected to have space available in 2013, according to marketing materials of the developer, The Tipton Group.

The Tipton Group’s Steve Tipton said they’ll still be working the site, but could move the planned office building to a different location. He said they’re working with the Greater Springfield Chamber of Commerce to bring different tenants to both buildings.

“We still would like to build on that location, and we’re looking at several other sites for the users who were going to go on that site, in addition to several other users,” Tipton said. “We’re also looking at other retail users to bring in.”

The Overlook Commons building could be built larger, Tipton said, depending on possible tenants. He said the development business ebbs and flows with different users.

“You just never know these days,” Tipton said. “In general, it’s being downscaled.”

Horton Hobbs, vice president for economic development for the chamber and the Community Improvement Corporation, said they’re pleased the project continues to move forward.

“We want to see a project that’s going to have the most opportunity for success,” Hobbs said. “I’m happy to see that investment continues to be on track.”

Hobbs said amenities like the National Road Commons, the in-development NTPRD Chiller Ice Arena and private investment at the Bushnell Building continues to make downtown an attractive investment opportunity.

The Overlook Commons development has taken longer than planned, Tipton said, but “it’s not untypical of development.” Tipton said they’re collaborating with the chamber, city and the Turner Foundation to develop and redevelop areas throughout town.

According to a Greater Springfield Chamber of Commerce blog post in 2011, approximately 35,000 square feet of the project was committed with 25,000 square feet available next to the National Road Commons, 50 W. Main St.

Tipton couldn’t give specific details, but said one previously committed user has moved to a different site downtown, while another is still looking at their overall business plan.

National Road Commons, the $2.5 million downtown green space, was developed by the Chamber’s Community Improvement Corp. It’s currently the home of the Madonna of the Trail statue. The building is also located next to the Ohio Valley Surgical Hospital.

According to Clark County Auditor’s records, the property at 74 W. Main St. is owned by Wellington Square, LLC, the real estate arm of the Turner Foundation.

The rent was expected to be $17.20 per square foot at Overlooks Commons. With floor spaces at approximately 14,000-square-foot each, the rent was more than $248,000 per year, according to marketing materials.

Tom Franzen, assistant city manager and director of economic development, said there is a demand for new office space throughout the city, but it’s hard to measure. The rate is typical of other new office developments throughout Springfield, Franzen said.

“It’s a challenge, but you’ve got to find the right mix of folks who want that new space and are willing to pay that premium,” Franzen said.

The Tipton Group is also looking at developing another CVS pharmacy in the city. The group is a preferred developer for CVS, and has built over 40 locations in the Dayton area, including the location at 2565 E. Main St.

“We’re still looking at sites that could potentially become CVS sites in the area,” Tipton said. “We’re looking at many, many things for Springfield.”

Reader Comments ...

Next Up in News

Dad learns to walk again for his daughters' sake after doctors said he was paralyzed
Dad learns to walk again for his daughters' sake after doctors said he was paralyzed

Seven months after doctors told him he’d never be able to use his legs again, a man stood up and walked out of a rehabilitation center with his two young daughters at his side. Cole Thomas, of Rochelle, Illinois, told “Today” that he shattered a vertebra in a September 2016 car crash. “I realized I was hurt very badly,&rdquo...
Poor Will’s Clark County Almanack: Hummingbirds arrive!
Poor Will’s Clark County Almanack: Hummingbirds arrive!

Stay together, Learn the flowers, Go light. — Gary Snyder, from “For the Children” The Almanack Horoscope Moon Time: Mock Orange Moon waxes throughout the period, entering its second quarter at 9:42 p.m. on May 2. Rising in the morning and setting in the evening, this moon passes overhead in the afternoon. Sun Time: Late Spring is...
Disney workers ask company to fight for 500 Haitian refugees
Disney workers ask company to fight for 500 Haitian refugees

Union representatives speaking on behalf of 500 Haitian refugees working as Disney cast members in Central Florida are asking CEO Bob Iger to fight for them to stay in the U.S. The group is part of 50,000 refugees from the island nation who are living in the U.S. following the earthquake that ravaged the country in 2010. President Barack Obama gave...
Facebook Live video leads to suspect in woman's death
Facebook Live video leads to suspect in woman's death

A Facebook Live video led police to a suspect in the December 2016 death of a woman in a Pittsburgh, Pennsylvania, neighborhood.  Isaiah Booker, 23, of Homestead, was charged Tuesday with criminal homicide, criminal attempted homicide, aggravated assault and persons not to possess a firearm.  The charges stem from the shooting death of 25-year-old...
Opinion: The ESPN we used to enjoy is dead and never coming back
Opinion: The ESPN we used to enjoy is dead and never coming back

The worst thing that ever happened to ESPN was the success of PTI. Shortly after Pardon The Interruption debuted in October 2001, the network set about trying to replicate it on every other show on the network. That has proven to be a disaster because nobody in Bristol gets the debate isn’t what makes that show great, it’s the debaters...
More Stories