Oct
24

Florence CBD Redevelopment Continues

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Downtown development interest continues to expand as now North Dargan Street begins to see more movement, especially with the recent purchase of a building by an investment group on the block.

N & R, made up of John R. Etheridge, Kevin Etheridge and Victor Webster, recently closed on the three-story, nearly 17,000-square-foot building at 142 N. Dargan St. The unoccupied building, formerly the Rainwater Furniture store, is zoned for mixed use and the group has plans to utilize it as such, but right now Webster said they’re focused on the ground floor space.

“Our short-term goal is to renovate and attract a tenant downstairs, to have an anchor tenant,” Webster said. “Then the upstairs we’ve kicked around maybe doing an antique mall on the second and third floor. I think our long-term goal would be putting apartments up here on the second and third floor. We have room for four apartments on each floor.”

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