Waterloo buying block to spark new development

Waterloo is buying the former Ketch Kan Tavern and Warm a Heart soup kitchen buildings.

Posted: Jun 20, 2019 9:32 PM
Updated: Jun 20, 2019 10:20 PM

WATERLOO, Ind. (WFFT) - The town of Waterloo is close to buying two more buildings with hopes to spark redevelopment.

Waterloo is buying the former Ketch Kan Tavern and Warm a Heart soup kitchen buildings.

The buildings are connected to the former Harts Grocery, which the town already owns.

Waterloo town council president David Bolton said by the town owning the buildings, there is more control of what happens with the property.

"Maybe someone just saying I'd like to buy that building and just use it for storage. Then it doesn't really bring business to downtown. It only helps an individual person," Bolton said.

Bolton added developers are interested in Waterloo, but they need more room than just the old grocery store.

He said it makes since to control the three buildings because of their condition and the way they were built.

"They were all built together, braced together," Bolton said.

Bolton said he expects the town ask for proposals for development this fall.

Warm a Heart will move to a new building on property Waterloo is donating to the soup kitchen.

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