We have been carefully watching for an “Intent to Demolish” sign to be posted on the D & W Silks building on East Main Street across from Slugger Field ever since the silk flower business moved to an undisclosed location Downtown in 2008. Such a banner would foretell the next signs of movement on the proposed twin towers that will one day occupy the site.
As it turns out, we never spotted a sign and demolition is already underway on the old D & W Silks building and eventually the Riney Bedding building at 431 East Market Street. Thanks to two of our tipsters who first told us about the demolition last week and sent in the above photo.
Jefferson Development Group announced plans for a $150 million, 626,000 square foot office tower on top of retail and a parking garage in 2007. The twin towers were planned at 12-stories directly across from Slugger Field. Above 11,000 square feet of retail and nearly 1,500 parking spots, a plaza overlooking the stadium would transition to the towers.
We spoke with Jefferson Development Group many months ago, and at the time they were confident the project would move forward in some form or another. The project, like most real-estate development, was following the changing market conditions. Calls weren’t returned by the time of publishing, so we don’t have the specifics on where the project stands today, but we’ll have a full write up on the twin towers project when more information is available.
From the photo above, it’s clear that the eastern-most one-story portion of the structure on Main Street is well under demolition, and it appears interior demo is going on in the larger three-story space. Also slated for demolition is a row-building on Market Street once home to Riney Bedding Company. The building was originally three stories, but sometime since 1980, it appears to have lost its top floor, cornice, and window detailing. The brick structure with (what looks like) a cast-iron storefront will become a driveway into the parking garage.