COMMUNITY IMPROVEMENT CORPORATION MEETING
Tuesday, April 20, 2010 at 7:30 A.M.
Evendale Municipal Building, 10500 Reading Road, Evendale, Ohio
Roll Call
Recurring Business
Approval of Minutes from March 2, and April 6, 2010 Meeting
New Business
FSA project meeting
Discussion Items for Next Meeting
Date of Next Meeting and Adjournment
Evendale – Proposed April 20 CIC Meeting Agenda
A -- Schedule Update – 10 minutes
Tracking System
- Progress to Date
- Dynamic & Fluid Process
- Speed of our Progress is related to access to decision makers
B -- Economic Development Action Plan – 45 minutes
Review & Discuss Draft
- Summary of Public Input Session
- Economic Development Action Plan “To Dos”
- Next Steps
C -- Updated Exhibits – 5 minutes
Comparative Town Center – Public Space Opportunities
- Latest drafts of ODOT’s I-75 submittal concepts
- Regional Transportation & Linkages
- Regional Overview
- Village Owned Properties & PSAs
- Village Crossings Concepts (3 total)
D -- PSA Review / Update – 30 minutes
Previously the 17 PSAs were narrowed down to 3
- St Rita’s Lane/“Interstate Site” – Village owned property
- Inwood Drive Site – Village owned property
- 100% Corner/Village Crossings
- Village Crossings Update
- 3/8 – Meeting with Dave Neyer at Al Neyer Inc (ANI) to discuss the property and their strategy for the property
- ANI hired new broker, actively marketing the out lots for sale, marketing vacant space and working to renew/extend existing leases
ANI reportably negotiated an 18 month loan extension with 5/3 Bank (11/10 to 5/12)
- PNC Bank (3 +/- acres) maintain dialogue with bank officials
4/8 – Met with Kelvin Hanger & Dr. Mark Deutsch with Evendale Medical Center (EMC) – they have potential long term interest in the site and discussed potential programming concepts
5/26 – EMC has their next General Board Meeting – FSA/KKG/RES TEAM to develop and present redevelopment planning & economic scenarios – options include buy entire property from ANI, purchase out lots from ANI, various JV options and control of property with ANI
- Review planning and economic scenarios with EMC prior to the General Board Meeting
- Provide development assistance should EMC wish to proceed after the General Board Meeting
- EMC’s interest in Village Commons for redevelopment is currently the most promising opportunity for this very important location. Our TEAM recommends working with EMC to keep this redevelopment opportunity moving forward – “Time kills deals”
Village Crossings Next Steps – Looking to the CIC for:
- Approval to assist EMC with programming, planning and economic analysis for EMC’s General Board Meeting on 5/26
- Approval for discussions/preliminary negotiations with PNC if EMC board decides to proceed
- Approval for discussions/preliminary negotiations with ANI if EMC board decides to proceed
- Landmark Baptist Update (Approx 164 Total Acres - 66 acres (40%) in Evendale)
- 3/2 – Meeting with Glendale to discuss cooperation to determine acceptable uses for the Landmark Baptist property
- 4/1 – Meeting with Landmark Baptist and Glendale to discuss Landmark’s plans and interest in jointly cooperating to determine preferred/acceptable uses, master plan the entire site and marketing and development assistance.
- All parties appear to be on board with the concept – Landmark currently has two potential interested users for portions of their property in Glendale
- Glendale Planning Commission proceeding with internal discussions regarding Landmark – they are on board with working with Evendale and Landmark
- Best Case” Scenario – Tri party initiative with Evendale, Glendale & Landmark to assist Landmark with programming and planning options – quietly solicit input from the development community regarding potential interest in the site – assist Landmark with the marketing and development of their property
- “Fall Back” Scenario – Determine site accessibility with Glendale that would allow each community to promote development in their respective communities on the Landmark site
- St Rita School not highly motivated but maintain contact – maintain periodic updates with them regarding progress with Landmark
- Cooperation between Evendale, Glendale and Landmark to jointly explore master planning and marketing the Landmark property would optimize the long-term development opportunities and outcome for all three parties. Our TEAM recommends working with Glendale and Landmark on one of the last remaining sites of significance in the I-275 loop, in the greater Cincinnati region, and in Evendale.
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