Glenwood South's New Player Pushes for Two Towers

The new owner of the historical Creamery property in Glenwood South is looking to rezone the site to allow for up to 40 stories of mixed-use development – but the Creamery isn't going anywhere.

New York City-based Turnbridge Equities filed the request last week. The company bought the Creamery building and two adjacent properties in March for a whopping #34.7 million.

Altogether, the site features 3.3 acres at 400 and 410 Glenwood Ave. and 501 N. West St. and includes the old Creamery building, a 2-story mixed-use building that dates back to the 1920’s.

Turnbridge Equities managing director said much of the new construction is expected to be centered on surface parking currently on the property. Development plans have yet to be finalized, but Davis said the company expects two towers with at least one featuring a mix of office and residential. This new project will preserve the Creamery. as new development will be built around the existing building. 

The Creamery was first built as a dairy plant for the Pine State Creamery and was added to the National Register of Historic Places in 1997. A group called Creamery Limited Partnership purchased and renovated the building in 1999.

TBJ