After receiving only one proposal to renovate the old Peirano's Market in downtown Ventura, city officials said this week that they will conduct a more thorough structural analysis to determine the cost of rehabilitating the 111-year-old landmark.
City officials, who had been hoping to make the structure a showpiece in their downtown revitalization effort, said uncertainty about renovation costs discouraged many prospective developers from submitting proposals for a tourist-oriented commercial project there.
"We had a structural analysis done, but it wasn't an in-depth one," said Marilyn Coen, the city's associate planner.
"Unless you have a complete and thorough evaluation by a structural engineer, you really don't know" how much repairs would cost, she said.
The sole proposal, which came from Ventura Realty Co., was to build an Italian restaurant and delicatessen, with an outdoor dining area in Figueroa Plaza. Although city officials described it as a satisfactory proposal, they said they want to solicit others before making a decision.