Commonweal unveils project for JAMF Software
Posted: March 1, 2013
Plans will proceed for a developer and the City of Eau Claire to amend existing agreements between themselves, RCU and a proposed tenant of a new, three-story building being proposed in the North Barstow Redevelopment District.
Commonweal Development Corp. President Stuart Schaefer presented a plan to the City of Eau Claire Redevelopment Authority (RDA) last week that includes construction of a 65,000-square-foot building that would be occupied by JAMF Software, an existing downtown Eau Claire business that specializes in helping businesses, educational facilities and other organizations manage Apple devices such as iPads, iPhones and Mac computers.
"The RDA directed staff to start working on amending our agreement with RCU, start drafting a new development agreement with JAMF Software and amend the agreement with Riverfront Terrace, LLC, who owns the two buildings that were just completed in the Phoenix Park area," said City of Eau Claire Economic Development Department Director Mike Schatz, who added that development of another Riverfront Terrace building could also take place as the new JAMF Software facility is being constructed. "Between the two projects, about $13 million of valuation would be created," he said.
Schaefer said the city may develop a parking garage to assist with the project.
"Our proposal isn't contingent on a parking structure, but with the density of the projects in the area, it would be beneficial to the development," said Schaefer, who proposed a 480-stall parking ramp.
If the agreements can be amended between all of the parties, Schatz said RCU and JAMF Software would utilize the area known as Block 7 for temporary parking. Block 7 is the vacant area across from The Livery that is currently used by RCU employees for parking. TBL