By Hayley Ringle for Phoenix Business Journal
WebPT co-founder Brad Jannenga has big plans for two historic buildings he bought for $1M in downtown Phoenix’s Warehouse District.
With a passion for renovation, bringing tech companies and vitality to the Warehouse District, Jannenga bought the former Brickhouse music venue at 1 E. Jackson St. and what once housed a barbershop back in the early 1900s at 10 E. Jackson St.
The 6,770SF building at 1 E. Jackson will be renovated first and Jannenga has plans for up to three tech companies to move in, including his new tech startup SaaS Industries.
The companies have been identified but aren’t finalized, and Jannenga said it was too early to say which tech companies would be filling the space. However, the companies are local but don’t yet have a presence downtown, he hinted.
Because only minimal renovation is planned on the 1906-era building, the building should be ready in about three to six months, Jannenga said. Renovations will include removing the outside stucco, redoing the doors and windows, grinding and polishing the floors and putting in new bathrooms.
The other 14.6KSF building at 10 E. Jackson is dilapidated and needs more work, he said. That building, originally built in 1906, with another portion added in 1946, won’t be ready for at least another nine months.
With four store fronts and possibly up to five business opportunities because of an included basement, plans for that building could include a barbershop, a private karaoke booth bar, a speakeasy, a distillery and new restaurant concepts from prominent local restaurateurs, Jannenga said.
Another tech company could also move in as Jannenga explores multiple possibilities with the demand for tech companies wanting to be downtown. SaaS Industries also is planned to eventually move into 10 E. Jackson, with more information announced on the new startup soon.
A micro mixed-use concept is planned, similar to Fox Restaurant Concepts’ the Yard in both Phoenix and Tempe and Upward Projects’ renovated restaurants and areas around town.
Jannenga bought the buildings from the Fort McDowell Yavapai Nation. The deal closed May 31.
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