{"id":52334,"date":"2010-11-15T12:47:12","date_gmt":"2010-11-15T18:47:12","guid":{"rendered":"http:\/\/www.ktbb.com\/post\/?p=52334"},"modified":"2010-11-16T12:59:45","modified_gmt":"2010-11-16T18:59:45","slug":"fair-foundation-gifts-city-downtown-property","status":"publish","type":"post","link":"https:\/\/ktbb.com\/post\/?p=52334","title":{"rendered":"Fair Foundation Gifts City Downtown Property"},"content":{"rendered":"<p><a href=\"http:\/\/www.ktbb.com\/post\/?attachment_id=52335\" rel=\"attachment wp-att-52335\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ktbb.com\/post\/wp-content\/media\/2010\/11\/thumb_cityoftyler2.jpg\" alt=\"\" title=\"thumb_cityoftyler\" width=\"99\" height=\"120\" class=\"alignleft size-full wp-image-52335\" \/><\/a><br \/>\nTYLER &#8212; The City of Tyler announced Monday that the R.W. Fair Foundation and the Fair estate have gifted two Downtown buildings and several other parcels of land to the City for use in future public private partnerships that will help with revitalization efforts.   \u201cWe are very thankful to the R.W. Fair Foundation for making this generous gift that has the best interests of the entire community at heart,\u201d said Tyler Mayor Barbara Bass. \u201cHaving assets that can be used to attract private reinvestment is a major advantage, particularly in these tougher financial markets.\u201d<\/p>\n<p>Of the two buildings located at 121 and 123 S. Broadway, one is currently vacant (the Lindsey Building), and one is occupied (The Fair Foundation Building).  City officials say the City will continue the tenant relationships, as well as the existing property management contract, and intends to recognize and continue to promote the building as an energy center in support of recent industry growth initiatives.   \u201cThis change in ownership should be transparent to the tenants in the Fair Foundation Building,\u201d commented City Manager Mark McDaniel.  \u201cThe Lindsey Building will be land banked for long-term future projects.  Our efforts will be to look for opportunities to attract an investor to adaptively reuse the building that has been vacant for many years.\u201d   <\/p>\n<p>Also gifted are parking lots located at the corners of Elm and Broadway\/College.    \u201cParking is a hot commodity in downtown,\u201d added McDaniel.  \u201cOwning these lots, protecting this parking asset, and possibly leveraging it for additional parking are critical for the future development of downtown.\u201d<\/p>\n<p>\u201cWe are pleased to gift these properties to the City in honor of the entire Fair family,\u201d said Barbara Fair, President of the R.W. Fair Foundation.  \u201cI would like to believe that Mr. R.W. and his late sons Wilton and James and daughter Martha would be proud to see their legacy live on and helping the revitalization of Downtown.\u201d   You can go to <a href=\"http:\/\/www.cityoftyler.org\" rel=\"nofollow\">http:\/\/www.cityoftyler.org<\/a> to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TYLER &#8212; The City of Tyler announced Monday that the R.W. Fair Foundation and the Fair estate have gifted two Downtown buildings and several other parcels of land to the City for use in future public private partnerships that will help with revitalization efforts. \u201cWe are very thankful to the R.W. Fair Foundation for making &hellip; <a href=\"https:\/\/ktbb.com\/post\/?p=52334\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Fair Foundation Gifts City Downtown Property<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[177],"tags":[],"class_list":["post-52334","post","type-post","status-publish","format-standard","hentry","category-local-news-archive-archives"],"publishpress_future_action":{"enabled":false,"date":"2026-06-09 16:19:46","action":"change-status","newStatus":"trash","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/52334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52334"}],"version-history":[{"count":14,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/52334\/revisions"}],"predecessor-version":[{"id":52609,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/52334\/revisions\/52609"}],"wp:attachment":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}