Columbia City Council takes action on 3 properties.

The Columbia City Council has voted to take action on three large properties, including Capital City Stadium and the Assembly Street post office.

At its Tuesday meeting, City Council voted 6-1 on a second reading to extend the contract on the purchase of Capital City Stadium on Assembly Street. The contract extension gives the developer, Weddle Real Estate Investment, until May 1, 2020 to fulfill several obligations.

Under the terms of the contract, City Councilman Howard Duvall told the Columbia Regional Business Report that Weddle Real Estate Investment must provide a total of$165,000 in earnest money to be paid in increments as the project receives approvals and permits.

Weddle Real Estate Investments plans to tear down the historic ballpark to build a mixed-use development consisting of market-rate apartments and retail space on the nearly six-acre site. Duvall said Weddle purchased the contract from Bright-Meyers 2001 LLC.

The proposal must be approved by Richland County.

"I am very excited to be back in Columbia with the possibility of redeveloping the Capital City Stadium site," Andrew Weddle, principal and managing director of Weddle Real Estate Investments, said in a news release. "We began this by reaching out...