By Ashley Rader
Elizabethton’s skyline will be dramatically different this time next year.
Two of the large, old North American Rayon Corp. buildings, one a part of the city for 86 years, will be demolished by the end of the year as the new owner prepares the property for future use.
The buildings were acquired by M&R Acquisitions, LLC, of Birmingham, Ala., at the end of January. Director of Planning and Development Jon Hartman said the company has plans to salvage and demolish the power house building and the polyester building – the third unit – to prepare the land for potential development.
“They will salvage what they can and then will demolish the rest,” Hartman said. “They will probably sell the property to someone who is interested in development in the future or to someone who wants to own the property.”
The buildings are located on the west side and the north side of Wal-Mart. The power house was built in 1927 as part of the American Glanzstoff Corp., and the polyester building constructed in the early 1950s as part of the North American Rayon Corp.
Demolition is scheduled to start this spring.