Update on Redevelopment of Exxon at East 7th and Fayette

Back on October 1st we reported that the Exxon station at West 7th and Fayette was under agreement with a developer. The developer hopes to redevelop the property with ground level retail and apartments on the upper floors.

There was a 30 day waiting period due to another company having the right of first refusal for 30 days. We can not report that that company has chosen to not purchase the property, so the sale can move forward.

We emailed last week with Binnie Bianco of Long & Foster, who represents the owner of the Exxon station, and she shared that they are in the process of scheduling the phase 1 testing & preliminary engineering work.