Developers planning to renovate the 70,000-square-foot Allen Building property, at 200 East Commercial Street in downtown Lebanon, reached another milestone Monday with the first walkthrough by the Capstone Development Group and contractors.
“We had our first walkthrough today with the contractor to kind of get on site and just get some eyeballs on it,” explained Capstone Development Group owner Bill Luchini. “You see it in the set of plans but there’s no substitute for being out here.”
The building is now owned by Allen Lofts, LP, a subsidiary of St. Louis-based Capstone Development Group. The developer took ownership of the property earlier in November after working with the previous owner - the Trustees for the Citizens of Lebanon - to complete the closing transaction.
For more on this story see the LCR.