JONESBORO, AR (KAIT) – Arkansas State University has decided not to try and acquire the former U.S. Army Reserve Building on Caraway.
On Wednesday, Dr. Tim Hudson said, "After further evaluating the planned use for the building in light of current conditions, we do not believe that the highest and best use of the property will be achieved through the implementation of programs which were set forth in our initial application."
ASU submitted an application for the property in 2007 and in 2011 showed interest again to take over the facility even after the City of Jonesboro showed interest.
In June 2011, ASU asked members of the Local Redevelopment Committee to vote to see who should take control of the vacant building. The committee tied 3 votes a piece for ASU and the City of Jonesboro.
At the time Dr. Dan Howard, Interim Chancellor at Arkansas State University said, "Three members that had been on the original committee indicated that they felt a moral imperative to support the decision that they had made earlier." The committee later awarded their votes to ASU.
The City of Jonesboro wanted the building to construct a new police headquarters. They said the property is worth an estimated $4-million, which would trim the cost of construction for a new station. The building is approximately 18,000 square feet, and houses a firing range and gun locker.
ASU Chancellor Hudson said in a statement, "that the university would certainly support the city of Jonesboro if it renews its request for the building.
Region 8 News talked to Jonesboro Mayor Harold Perrin who said the city is interested in restarting talks about the facility becoming the city's new police station.
Region 8 News will continue to track this story and bring you any new details as soon as they become available.