To this point in the feasibility analysis, the purchase of the Hogan Building looks promising. After discussions with the client, the question has been raised as to the financial feasibility of turning the building into a multi-use complex with 6--1,000 sf office spaces in the basement; 6--600 sf retail spaces on the first floor; 6--1,000 sf office spaces on the second floor; and 6--1,000 sf condos on the third floor. The financial feasibility analysis will be conducted with this configured use for the building. Ideally, the second floor offices would be leased to professionals who would also lease a condo on the third floor directly above their office.
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