There is new life in store for an old downtown Terre Haute landmark.
Last night the Terre Haute Housing Authority board of directors agreed to sell the Deming Center to Core Redevelopment of Indianapolis for $800,000. Core expects the building at Sixth and Cherry streets to undergo nearly $5.5 million in renovations and then primarily serve as apartment housing for Indiana State University students.
The ground floor will be for commercial use while the upper floors will be for housing.
The current residents of the Deming building are expected to move into the new Warren Village on North 25th street by the end of the year.
The Deming should be ready for occupancy by the end of fall of 2015.
In its early days the Hotel Deming was one of the nicest establishments in Terre Haute with a barber shop, several food shops, a cigar store, a ballroom, a fine dining restaurant.
Meanwhile, Core Redevelopment has also expressed interest in the Sycamore Towers buildings on the ISU campus.