Is this building a landmark? Iowa City Council will discuss status of Pagliai's Pizza home at Tuesday hearing littlevillagemag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from littlevillagemag.com Daily Mail and Mail on Sunday newspapers.
The University of Iowa will keep housing students in its 56-year-old Mayflower Residence Hall at least for one more year despite having announced a year ago plans to sell the “last-chosen and first-transferred-from residence hall.”
Pagliai’s Pizza has been a staple in the Iowa City community since 1957. Now, the building that houses the landmark is up for sale for $5 million, but business is slated to continue as normal. In addition to the restaurant, located at 302 E. Bloomington St., the property contains 16 apartments and a long-running.
Having gone years without a property-value assessment – given its tax-exempt status as state owned – the University of Iowa’s for-sale Mayflower Residence Hall over the summer received an updated evaluation that, on a preliminary basis, valued it at $30.7 million.
A realtor selling the University of Iowa’s 326,000-square-foot Mayflower Residence Hall for $45 million said four “very qualified, interested people are actively pursuing it.” The realtor said only one interested person early on raised the idea of tearing down the eight-story dorm, which, given zoning constraints, may not be feasible.