The building that houses our station, the Woods Tower, should be repainted by the end of the year and construction on condos will soon begin.
Picture this: private, residential parking, walk-out balconies on each side of the building, and an entire floor turned into a fitness center.
If all goes according to plan, that's what condo owners will get, when they buy real estate in the Charles Woods building.
"It creates a home market and we're hopeful that this project alone will show the need for core-area living,” said Joseph Donofro of Donofro & Associates.
The tower was built about a century ago as a hotel. Through the years, it has been home to Troy University, and now, radio stations and WTVY News 4.
It was renovated in the mid 1990's, when Charles Woods bought it with WTVY in mind. However, the middle four floors have been empty the entire time and the building has lost some of its charm.
So, Architect Joe Donofro has made a new design, inspired by the building's original identity.
"Every time we see a major restoration of an historic building, you see activity then around it because it sort of awakens our consciousness and makes us want to make other buildings look better. So to think that the WTVY building is getting revitalized, you're going to see some other revitalization in that block, which would be great for downtown," said Cathy Cole of The Downtown Group.
Those working on the project hope to begin construction on the condos in the spring. The project is expected to take more than a year to complete.
Anyone interested in buying a condo in the Woods Tower will have the option to choose between one and three bedroom units.
News 4 will keep you updated when the condos go on sale.