ALAMOSA — In preparation for development along Sixth Street, Alamosa County Economic Development Corporation (ACEDC) on Friday bought most of the quarter of a block that includes the Pink Elephant building.
Everything in that quarter of a block except for Sicc & Twisted is now owned by ACEDC, Executive Director Randy Wright announced on Friday. He clarified that Sicc & Twisted is still owned by its same owners, and would be operated as such, with no changes.
“This community has been working for several years to do something with the buildings that have become an eyesore since the Pink Elephant closed down,” Wright said.
Problems with asbestos and lead paint in the buildings made them cost prohibitive to renovate, Wright said.
Wright and others saw potential for that area, however, and sought help from a variety of sources to buy the buildings, demolish them and clear the lots for future development. ACEDC received support from the City of Alamosa, Alamosa Marketing District Board and Alamosa County as well as local banks and other businesses.
The next step after purchasing the properties will be abating the hazardous substances that exist in the buildings. ACEDC has applied for an Environmental Protection Act grant to assist with the cost of removing those hazardous substances and is waiting for a decision.
Wright explained that if the grant application is successful, the money will be available late next summer or early fall when demolition could begin. Following demolition, ACEDC will seek a developer for the property.