ENGLEWOOD — Demolition of the former Ponderosa Steak House on Taywood Road began on Wednesday, March 4 with only the front wall and portions of the side walls still standing on March 5.
Richmond, Ind., based Reynolds Service Tech, Inc., is performing the demolition. The majority of the building should be demolished by Friday, March 6 according to a worker at the site.
Englewood city council approved demolition of the building in January. Ponderosa closed on Nov. 15, 2015.
The demolition was approved in part because the cost to rehab the building to bring it back up to code was too expensive.
“The cost to repair the building to bring it up to speed is a lot higher than the building’s market value,” said Councilman Steve Henne, a member of the property maintenance board.
Michael Kline, also a member of the property maintenance board, said the cost to bring the building up to code was $424,000.
Members of the Englewood Property Maintenance Board met Jan. 9 to discuss the fate of the Ponderosa building, which has been vacant for a number of years.
“The lawyer from the Ponderosa group proposed that they be given 120 days to tear the building down themselves,” Kline noted.
Englewood acquiesced to that request and allocated 120 days for an EPA assessment to be performed on the site and for the demolition to be completed.