Kent Hull, managing partner of the development partnership IronBridge LLC, tells GlobeSt he doesn't expect the small market toswallow the elephant whole. Rather, construction and delivery ofthe proposed office product will be doled out over the course offive to six years.

Construction on the first building, a 23,000 2-story concretetilt-up with a brick veneer façade, will come this spring if thecity approves its application for a shoreline conditional-usepermit and binding site plan, the decision on which is due by theend of the month. A tenant for one-half of the building is all butlocked up, and the project's leasing agent, Kimle & Hagood, ison the hunt for the balance.

Next up will be a three-story office, which Hull anticipateswill be constructed on speculation. "Right now it's laid out forabout 70,000 sf, but we may go a little larger," he adds.