City of Lubbock Releases Omni Building Feasibility Study Update

The Lubbock City Council received an update Thursday night on the Omni Building. The City of Lubbock entered into a contract of sale on July 10, 2014, to potentially purchase the Omni Building and related properties.

Lubbock, TX - (City of Lubbock Release) The Lubbock City Council received an update tonight (Thursday 8/28) on the Omni Building. The City of Lubbock entered into a contract of sale on July 10, 2014, to potentially purchase the Omni Building and related properties. The contract provides an opportunity for the City to conduct a review of the title and property for a period of 90 days with the right to extend an additional 45 days. The City did not purchase the Omni properties by signing the contract, and the City does have the ability to terminate the contract without purchase.

 

Several scientific and technical tests needed to be completed in order to determine the building’s current state and the costs associated with possible renovation or demolition. $135,059 was spent to conduct those studies.

 

Hugo Reed conducted a land survey at a cost of $4,200.

 

Environmental Services Agency (ESA) was awarded a contract for $33,539 to determine an estimated cost for asbestos abatement for renovation or demolition of the building. Their survey was completed August 12, 2014. The estimates are:

 

-between $1,288,750 and $2,216,700 for asbestos abatement to ready the building for renovation, and

-between $3,021,541 and $5,320,162 for asbestos abatement to ready the building for demolition.

 

The reason the demolition costs are higher is because all of the asbestos would have to be removed prior to demolition. For renovation purposes, some of the asbestos may only need to be encapsulated or enclosed but not necessarily removed to make the building safe for use.

 

ESA also conducted tests to determine estimated mold abatement costs for the building. The contract for those tests was $7,970. ESA estimated mold abatement costs to be between $500,000 and $1,000,000.

 

SLS Partnership Inc. was awarded a contract for $43,600 to conduct an assessment and give an estimated cost to demolish the building. The assessment is expected to be complete September 18, 2014 and presented to City Council during the September 25 meeting.

 

Finally, Parkhill, Smith, & Cooper was awarded a contract for $45,750 to conduct an assessment and give an estimated cost to renovate the building. The assessment is expected to be complete September 22, 2014, and presented to City Council during the September 25 meeting.

 

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