Building owner promises to fix problems
Almost 100 Wichita Executive Centre tenants received a promise Wednesday that the air conditioner is coming on and the elevators will soon work in their neglected downtown Wichita office building.
Owner Dave Lundberg, one of the partners in Minnesota-based Real Development, said he has moved to town to solve a laundry list of problems confronting the center at 125 N. Market, formerly known as the Kansas State Bank and Trust Building and the SC Telcom Building.
"If it takes more money, I'll find more money," Lundberg told the group. "I found $20 million to do what I've done so far, and I'm not giving up on this building."
The meeting, held in the building's ornate lobby renovated by Real Development at a cost of almost $600,000, grew testy at times. Tenants demanded that Lundberg invest some of the group's new $5.6 million mortgage on the property in repairs.
"The last person who wants to see the tenants leave is me," Lundberg said. "We have a huge investment here and we want to take care of that investment."
The property manager for the center, Troy Palmer of R.E. Black Building Management, resigned Tuesday, saying Real Development lacked the money to properly maintain the building.
On Wednesday afternoon, Palmer stepped away from four other Real Development management deals — the Workforce Alliance at 150 N. Main; Landmark Square at 212 N. Market; the Farmers & Bankers building at 200 E. 1st; and the Kaufman Building at 210 S. Market.
Palmer said his reasons are the same.
"At this point, the buildings are not adequately funded to be maintained at the level that R.B. Black would like to maintain them," he said.
Lundberg acknowledged during the tenant meeting that his company hasn't had the money to adequately maintain its buildings. And he deflected blame away from Palmer.
"If I don't give him the money," Lundberg said about Palmer's company, "he can't fix it."
Some of the tenants said after the meeting that the communication effort pleased them. But they remain skeptical that Lundberg and partner Michael Elzufon have the financial resources to make the building usable.
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Lundberg told the tenants that the building's antiquated water-cooled air conditioning system should be fixed later in the day — with multiple new motors and fans on the building's chillers. Lundberg blamed the humidity in the building — tenants put
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