LAFAYETTE, Ind. (WLFI) - After nearly three decades on the corner of 5th and Main Streets, Coldwell Banker Shook Agency is relocating.
The real estate agency announced it will be moving its headquarters to the former Haywood Printing Building Tuesday.
"We're hopefully going to be part of creating a newer, broader definition of what downtown Lafayette looks like. We like going northbound,” said Owner Broker Charlie Shook
According to Managing Broker Steve Shook, discussions for a new location had been in the works for a while. He said the Haywood Building's open floor plan drew them in.
"We considered other locations and opportunities downtown at the same time. There were only a couple of viable alternatives, but the Haywood property rose to the top immediately,” said Shook.
Located at 5th and Ferry, work will soon transform the three story building into office space and apartments.
The first floor will be the new home to Coldwell Banker. 22 apartments will go on the building's top floors.
"It's like the perfect mixed use setup,” said Steve Shook.
The new location will downsize the agency's space from 19,000 square feet to only 8,000, but Charlie Shook said having an open floor plan provides better flexibility to add what they need.
"It will give us the chance to kind of create the office space that better matches the way realtors work today,” said Shook.
Renovations are expected to start within the next few weeks.
While no deadline has been given, the Shooks plan to complete the move late this year.