The NiSource complex on Dublin Road has been purchased, Marble Cliff Mayor Kent Studebaker reported at the March 21 village council meeting.

The NiSource complex on Dublin Road has been purchased, Marble Cliff Mayor Kent Studebaker reported at the March 21 village council meeting.

Riverside Ten LLC has purchased the property, he said.

Studebaker said he met earlier this month with a principal of the group to discuss Riverside's general concept for the property.

"They are looking at moving aggressively with the renovations of the property," he said. "They currently have a number of proposals out for tenants in the main building."

The main building at the complex is vacant and has about 97,000 square feet of leasable space, Studebaker said.

"They are confident they can attract tenants in that space in 2011," he said.

Riverside has affirmed that it will continue to honor the leases for other spaces in the complex that are in place with NiSource and Time Warner, Studebaker said.

Among the group's plans is a proposal to take the faade of the two front buildings "and bring them together so it looks like a cohesive office building," he said.

A few items will be brought before council for its approval based on the concept Riverside has for the property, Studebaker said.

One request will be for a "bump out" for the parking lot, because additional parking spaces are needed for the number of tenants Riverside anticipates attracting to the property, he said.

There will also be issues relating to the curb cut on Dublin Road, although it is uncertain whether the village or the Ohio Department of Transportation would have the final authority regarding the curb cut, Studebaker said.

Dublin Road is to be a main entrance focusing to the new central entrance to the building complex, he said.

Because Dublin Road is a major arterial, "we would want ODOT on board whether they are the final authority or not," village engineer Louis McFarland said.

Riverside has not yet indicated whether it plans to leave both curb cuts on Dublin Road or combine them into one, he said.

"There are several issues to work out from a traffic standpoint," McFarland said. "They've also asked about the lot split procedure and parking setbacks, so they are starting to probe into the zoning issues."

Riverside is also planning to convert a small outbuilding located at the corner of Fifth Avenue and Dublin Road into either a small bank branch or a medical center, Studebaker said.

"At this point, we have not seen anything in terms of (formal) requests," for the property from Riverside, he said.

Representatives of Riverside were unable to attend the March 21 meeting.

Fiscal officer Cindy McKay said she expects they will be at council's April meeting.