The Warden Plaza: Planning for the future
Finances key as Warden renovation, wellness and performing arts center move forward
The Warden Plaza and the property around it look much the same as they have for the last decade.
But in government and business offices, work is being done out of the public eye that would turn the area into a new showpiece for downtown Fort Dodge.
The plans in the works would create 120 apartments on the upper floors of the Warden Plaza while establishing retail space on the first two floors.
Those plans would also result in a new wellness and performing arts center that would be just east of the Warden Plaza on First Avenue South.
A new parking garage with space for 400 vehicles would be constructed to serve the entire complex.
Last year, the Webster County Board of Supervisors and the Fort Dodge City Council created the Webster County Wellness and Cultural Authority, which will own the proposed wellness and performing arts center along with the parking garage.
“We are going to set a really high mark in city and county cooperation and build an awesome facility,” City Manager David Fierke said when the City Council approved the new authority on Nov. 13, 2017.
The authority will be led by a three-member board whose members have not been appointed yet. It will finance the construction of the new center and parking garage. After construction is finished, the authority will lease them to a nonprofit entity that will handle the the day-to-day operations.
The authority will not be involved in the renovation of the Warden Plaza, which is a private project planned by KDG LLC, of Columbia, Missouri.
The financial aspects of the project will be a focus for much of this year, according to Fierke.
KDG LLC will continue to work on getting the financing it needs for the Warden Plaza renovation.
Meanwhile, a fundraising campaign will launched to generate some of the money needed to build the wellness and performing arts center.
The Warden Plaza at 908 First Ave. S. has served as a hotel and apartment building over the decades. Excavation began on Aug. 22, 1922. The original part of the building, consisting of four stories with a mezzanine, was completed in 1924. The Warden Arcade formally opened on Nov. 8, 1924. Apartments, and a penthouse with a swimming pool, were added from 1924 to 1926.
In the early part of the 20th century, it housed a hotel, stores and apartments.
A tobacco shop, dry cleaner, radio station, fur shop, coffee shop, the state liquor store, a restaurant and professional offices were all located there over the years.
The last apartment residents moved out about 12 years ago, and the building has been vacant ever since.
In March 2016, the city government filed a petition in Webster County District Court seeking to take the building from Coralee LLC, of Oakland, California, under the terms of the state’s abandoned buildings law.
A judge ruled in the city’s favor, and the local government took ownership of the site in July 2016.
On Dec. 19, 2016, the City Council gave the building to KDG LLC.
“We’re really excited about the project,” Kevin Kearns, managing member of KDG LLC, said following the council meeting that night.
In taking ownership of the building, the firm agreed to invest $30 million in it.
Since acquiring the building the company has been working on the financing.
Applying for federal and state historic preservation tax credits was one of its first moves. The federal credits are worth up to 20 percent of the company’s investment and the state ones are worth up to 25 percent of the investment.
“Historic tax credits are a big piece of the puzzle,” said Chad Schaeffer, the city’s director of engineering, business affairs and community growth.
He said applying for the credits is a two-phase process, and KDG LLC is in the first phase.
The current plan calls for tearing down the Wahkonsa Annex, which is the light-colored brick building attached to the east side of the Warden Plaza. According to Schaeffer, the officials who award the historic preservation tax credits are trying to decide if the Wahkonsa Annex is indeed a separate building before they act on awarding the credits.
Wellness and performing arts center
This proposed facility would replace the Fort Dodge Community Recreation Center at First Avenue South and 15th Street and at the same time create a new performing arts venue.
Initially, there was discussion of putting at least part of the wellness center inside the Warden Plaza. Physical constraints within that building ruled that idea out, however
That concept was replaced with a new plan for a $37.9 million facility that would be east of the Warden Plaza. The Wahkonsa Annex would be demolished to make way for it, and part of South 10th Street would be closed.
Some of the needed property for the proposed center is owned by Heartland Communications Group Inc., of Fort Dodge.
“As owners of the Carver Building and a major employer downtown, we see this as a catalyst project that matches the investment and mission that Heartland has sought in reinvigorating downtown for many years,” said Lucas Peed, the son of Heartland Chairman Joe Peed and a shareholder in the company.
“We are cooperating closely with the city to make this project happen,” he added. “Heartland is no stranger to large redevelopment projects, and they all take a lot of work and involve many people. There are many steps before it is finalized. The project is in the early stages of development, but the city and Heartland are committed to making the project a great amenity for the community while also benefitting Heartland employees as well as our tenants.”
Mayor Matt Bemrich acknowledged Joe Peed’s commitment to downtown Fort Dodge.
“When others ignored downtown, he carried on to make downtown Fort Dodge vital,” Bemrich said. “Now the city leadership is embracing Joe’s mission and is preparing to embark on an exciting project that will bring great energy to downtown Fort Dodge.”