TOPEKA, Kan. (WIBW) – A bid on the former Woman’s Club building is moving to the State Finance Council for approval.
A group of local investors say the Kansas Legislature’s Joint Committee on State Building Construction approved its bid to purchases the former Woman’s Club building at 420 SW 9th St. in Topeka.
It sold for more than $500,000 at auction a few weeks ago. The building was appraised at more than $1-million dollars, but committee members says this saves the state money, and gets the property back on the tax rolls.
“We moved in November we’ve been paying maintenance and any utilities on it and we’re looking forward to the building having new owners and will see what they do with it,” said Kansas Insurance Commissioner, Vicki Schmidt.
The joint committee will make recommendations to the State Finance Council, which will then make the final decision to approve the sale or not. The group of investors said if the bid is approved, the building will be restored and renovated as a new event venue.
“We hope to restore the Woman’s Club building to its former glory. Upon our first walk-through of the building, we were amazed at the stained glass windows, grand staircase and other architectural charms,” said Courtney Stemler, a founding partner. “This building has served as an office space for years, but we plan to uncover its historical features and make it a space for Topekans to meet and celebrate.”
According to the partners, a date has not yet been set for the purchase to go before the Council, but they are patiently waiting for updates.
“With the revitalization of Downtown Topeka, we can’t think of a better time to bring a monumental event space to the area,” said Shelby Brokaw, another founding partner.
The building was bid for at auction on Sept. 2, for $500,000, by Chris and Courtney Stimler, Shelby Brokaw and Nic Irick.
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