Graphic Edge purchases Heider Building for storage
September 9, 2013
The Graphic Edge is in the process of upgrading the Heider Building for storage.
The Graphic Edge has purchased the Heider Building, 202 W. Third St., and plans to use it for storage of unfinished garments as well as lease space for other businesses.
"We are excited about making it look nice," said Graphic Edge vice president of finance Mike Riddle.
Riddle said Graphic Edge hopes to have the 31,000-square-foot building - constructed in 1960 - ready for use by next spring.
DR & JR, LLC. purchased the building and property for $100,000 from Warehouse Inc., on Aug. 29, according to the Carroll County Assessor's Office. John Reglein of Carroll is the registered agent for DR & JR, LLC, and Robert Trausch is the registered agent for Warehouse Inc., according to the Iowa Secretary of State's Office.
Riddle said increased production at the Graphic Edge created the need for the storage. The company now employs 250 people.
"We buy T-shirts by the truckload," Riddle said.
The Graphic Edge plans to lease out about 10,000 to 12,000 square feet, Riddle said.
"This will meet our needs for some time," Riddle said.
The Graphic Edge will add a new roof to the building and ultimately place a sign identifying it, Riddle said.
"There will never be any people there of any permanency," Riddle said, adding, "We'll be in there almost daily."
Carroll voters in August 2011 overwhelming turned down a financing referendum for a planned new 32,000-square-foot, $7.4 million library at the former Heider Manufacturing property south of the Union Pacific Railroad lines and west of Main Street, effectively sending back to elected officials and library volunteers a decision on whether to build a new public lending facility, add on to the current one or do nothing at all.
The referendum that would have allowed the city to issue up to $6 million in general-obligation bonds failed with 22 percent, or 643 voters in support, and 78 percent or 2,282 people casting ballots against the public measure. The referendum required a super-majority of 60 percent for passage.
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