The Wichita City Council voted 6-1 this morning to sell the former Kansas Sports Hall of Fame Building at 238 N. Mead for $1.43 million to Dave Burk's Marketplace Properties.
The sale is contingent on Burk's completion of a lease with Airbus, which wants to create 100 new engineering jobs averaging $150,000 in salary and benefits to study repair and maintenance of its aircraft.
The only dissenting vote was council member Paul Gray, who wanted more time to study Burk's offer, along with slightly bigger offers from Shark Equity and Gary Oborny's Occidental Management.
Burk's offer was the lowest of the three, with Shark Equity offering offering $1.433 million and Occidental offering $1.52 million, after the payment of real estate commissions.
But several council members said they voted for Burk's offer based on the probability that he can close the Airbus lease.
Burk said after the meeting that he hopes to have the Airbus lease completed "within a week or two."
Burk is already Airbus' landlord at its Wichita facility at 213 N. Mead, across the street from the old HOF site.
Tony Utter, a commercial broker representing Shark Equity, said after the meeting his unidentified client remains interested in the building should the Burk deal fall through.
For more on this story, come back to Kansas.com and see Wednesday's Eagle.