Winniger-Stolberg Property Group in Bloomington has made an agreement to lease the iconic piece of land where the Waffle House has sat for 46 years. The group plans to tear down the business and build a new housing complex.
President of Winniger-Stolberg Eric Stolberg says the complex will have a combination of both residential and commercial spaces.
“We’ll have a branch bank facility, at the street level with an interior drive through which will enter from college and exit out onto 10th street. We will have one additional commercial space available.”
The new complex will be known as 10 North.
Bloomington City Planning Director Tom Micuda feels the new complex will be well-suited to the area.
“It is in keeping with the city’s goals of redeveloping the downtown and specifically trying to get more density and trying to get mixed use within buildings where we have commercial space below and then residential above,” Micuda says.
“And then we do have a goal to gradually renovate and rehabilitate properties that have lots of surface parking and have single story buildings and put them to more productive use.”
The Waffle House will close in September to make way for the new construction. 10 North plans to open in August of 2014.