No tenant yet for remodeled Paris Fair space

16 Dec

The rumor mill has been churning with regard to who might be setting up house in the Paris Fair building (the former Annz Panz) at 4th and Oak. We’ve been in regular contact with owner North Cheatham. Here’s the latest word from him about progress on finding a tenant:

“Much has been happening since we last talked. The onerous requirements
of Hood River’s building dept pushed project costs so high on the
remodel that the previous prospective tenant decided to bail instead
of incurring their portion of the costs to partition the floor. To
avoid these costs, the entire space will need to be leased to one
business. In addition to a great looking classic storefront, the 1st
floor and mezzanine are way more energy efficient, and fire sprinklers
have been added, reducing future utility and insurance costs.

“The wraps will be coming off the storefront by month’s end to dazzle
residents. Unfortunately, the routed woodwork may not last, since the
improvements exceed those approved by the historic building
authorities in Salem. Its removal may be required to preserve the
building’s favorable tax status.

“The Paris Fair space is once again being actively marketed, and
several parties have expressed interest. No commitments to date,
however.”

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