Blair Korndorffer, owner of Diamond Development, explained it to the Planning Commission during a May session this way:
“We’re doing the 302 Moody building for Wyndham (Hotels & Resorts), and we have plans still to develop that building into a residential piece. Right now, we’re looking at potentially putting a 14-story residential tower next to it.”
The 302 Moody building Korndorffer referred to is an 11-story, 80,088-square-foot Art Deco building constructed in 1960 that has been vacant for years. It stands at the corner of Moody Avenue and Mechanic Street on the far end of the block across 20th Street from One Moody Plaza.
Kordorffer said he is hoping to restore 302 Moody and construct the 14-story residential tower at the same time. But those future residents will need parking.