Photo courtesy to State Farm
After failing to secure a buyer for the building that once was the former corporate headquarters of State Farm, a historic landmark in the heart of downtown, company officials decided the building should be demolished.
Some private citizens interested in preserving the building organized online petitions and have contacted public officials making a case a for keeping the building in some form right where it is.
We now learn that there is a “public-private partnership” is a possibility as Bloomington leaders try to find a way to save the former corporate headquarters of State Farm.
The Pantagraph reports City representatives plan to meet with State Farm about possible options. In the meantime, Renner, City Manager Tim Gleason and others plan to meet with representatives of McLean County government, Connect Transit and others about how to preserve the 90-year-old building.
Mayor Tari Renner tells the publication, “Everything is on the table,” including a possible “public-private partnership” investment in the building, The terms would have to be such that we protect taxpayers and that building is in the shape we think it is in. … We need to do due diligence in terms of an assessment of the property.”
As it stands, State Farm is sticking to its plans to tear down the building.
