Legacy asset which has been occupied by AT&T and its subsidiaries for over 50 years.
Currently leased to AT&T where they operate a call center with 500 employees.
$8 million interior capital improvement/renovation.
Site is currently zoned mixed-use with a F.A.R that would allow for 200,000 SF of building GLA.
If AT&T were to vacate, the site could be redeveloped in several ways including re-purposing the office building, developing a mixed-use project with retail and multi-family, or converting the building to a self-storage facility.
AT&T has approached us to explore a long-term lease extension and in exchange Echo would construct a 250-300 stall freestanding parking structure.
Pre-design has begun on the parking garage with an anticipated date of completion 12 months from groundbreaking.