Businessman Leon Moeder and his son, Daniel, are redeveloping the corner of Second and Hydraulic.
“First off, it’s in our neighborhood,” Leon Moeder says. “We own multiple properties within a quarter mile of there.”
That includes the Donut Whole building and Victor Court along with a storage complex among other things.
“We like that corner a lot. We like that part of town a lot.”
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The existing building at 1646 E. Second St., which has 4,400 square feet of dividable space, most recently housed Three Pea Interiors.
“We call it the Crandall building,” Moeder says.
Crandall’s Interiors “was there forever,” he says. “They were a really cool furniture store.”
He says the building’s mid-century modern style came from Crandall.
That building is available to lease “this afternoon,” Moeder says.
As part of their purchase of that building, the Moeders also acquired a house to the north.
“I tried to give it away,” Moeder says.
That didn’t work, so they knocked it down.
“We have two new buildings we’re putting up.”
Each will have 6,600 square feet of flexible space.
“We’ll be doing it in two phases,” Moeder says.
He says he’d like to have the first building mostly rented before starting on the second.
“And so would the bank.”
The first building will be ready in early October.
Moeder says marketing packages are almost ready to go.
“I am trying to come up with a name for the whole development. Something catchy, but I’m not that bright.”