The tallest building in Frankfort is for sale.
The Bevin administration has labeled the 25-story Capital Plaza Tower as surplus property and put it on the auction block.
The state Department for Facilities and Support Services announced Wednesday that it is looking for interested bidders for several properties that have been deemed surplus, including the tower.
Other properties up for bid include the Hoge House in downtown Frankfort and a 24,000-square foot Henderson Community and Technical College classroom and shop building in Henderson.
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Bids for the Capital Plaza Tower will be opened at 11 a.m. Aug. 17 at the Division of Real Properties at 403 Wapping Street in Frankfort. A site visit is scheduled for 9 a.m. Thursday for interested bidders.
The property consists of 365,700 square feet, with 11,500 square feet of office space fronting on Wilkinson Boulevard, and a parking garage consisting of 767 parking spaces. All of this is located on about 8 acres at the corner of Wilkinson and Mero Street.
The tower, which dominates the skyline of downtown Frankfort, had housed many of the 750 to 800 employees who were moved in June to a new state office building on Sower Boulevard off the East-West Connector.
In 2008, the state analyzed the physical condition of the tower. Sherman Carter Barnhart Architects recommended demolishing the building and replacing it with a 270,000-square-foot, five-story building nearby.
That plan would have cost an estimated $156 million, compared to $134.7 million needed to renovate the office tower. At the time, about 1,000 employees worked in the building.
The 2010 General Assembly did not approve the project and since then no decisions have been made about the future of the office tower.
In recent years, there have been reports of concrete falling from the tower and water leaking in the building.
The 338-foot tower, which opened in 1972, has a modernist architectural style. The next tallest building in Frankfort — the Capitol — is 210 feet tall.
The Kentucky Community and Technical College System will open sealed bids on July 21 for a 24,000 square-foot building located on approximately 0.7 acres at 700 Pennell Street in Henderson. The opening will be at 2 p.m. at KCTCS Office of Facilities Support Services at 300 North Main Street in Versailles.
Bids for the Hoge House, located at 302 Wilkinson Street in Frankfort, will be opened at 11 a.m. on July 20 at the Division of Real Properties. The 2,560 square-foot house sits on approximately 0.29 acres and has been used both as residential and office space.
Pictures of the properties and information about bidding procedures, forms and documentation required are available online at www.finance.ky.gov. Click on the For Sale, Surplus Real Estate link on the home page.
The Department for Facilities and Support Services is part of the Finance and Administration Cabinet and is responsible for the state’s preservation of historic properties; capital construction program; real property acquisition, disposition and leasing services; the daily operation and maintenance of state-owned properties; and surplus property services.