VILLAGE OF EVENDALE
COMMUNITY IMPROVEMENT CORPORATION
Minutes for the October 16, 2012 Meeting
Evendale Municipal Building, 10500 Reading Road, Evendale, Ohio
Attendees: President Hugh McKinnon, Jeff Albrinck, Dave Harwood, Chris Patterson, Al Pearlman, Chris Schaefer, Bob Szczur, Stiney Vonderhaar, Jack Cameron, and Pam Morin. Josh Niederhelman, Rod MacEachen, and Roddy MacEachen, CB Richard Ellis, Inc. were also present.
Recurring Business:
1. The minutes were approved as read with a motion made by Bob and seconded by Chris S. The motion was passed with a vote of 7 yes, 0 no.
New Business:
1. Village Landing, Glendale-Milford Road and I-75.
Josh Neiderhelman of CBRE led the presentation on possible development of the Village Landing property. Hugh McKinnon recused himself from the discussion because of a conflict of interest. Bob Szcsur chaired this discussion and Hugh left the conference room.
Josh offered what he saw as his options for the site:
• Speculative Office Building – this type of development is not being done in Sharonville or the Tri-County areas at this time. A lot more people are working out of their house and banks are not readily financing office projects. Medical buildings are in low demand.
• Multi-Family Development – this isn’t the best option for this area because a Residential development would be isolated from other Residential and retail areas.
• Retail Area – a small outlet may be a possibility, but not as an anchor.
• High End Industrial/Flex Development – would be successful because of the ease of access to both I-75 and I-275, and the size of this lot is ideal for this type of development. This type of development would include a single story hybrid office/warehouse type building with high parking requirement. Josh feels that flex developments appear to be the market today and in the future.
Jack stated that in order for the Village to participate with their land this development must generate an acceptable amount of earning tax, offer high quality of construction, and spur other development in the area/Evendale.
There was a discussion on how this area should be marketed in today’s economic climate. Josh stated that a Joint Venture option would allow the Village to sell the land to a developer, with the Village leasing back part of the development. This would allow the Village to kick off the development and control the tenants. The architectural demands will also dictate the type of tenants that will be attracted to this development.
Jeff asked if a High End Industrial/Flex Development is in line with the Village’s Master Plan. He wants a quality development presenting the right image for this gateway into the Village. He mentioned that the Village is in a position to wait for the proper development.
Chris P. questioned if this is the direction that CIC envisioned for this development and suggested that at the next CIC meeting that we have that conversation.
Bob proposed that the next CIC meeting be dedicated to the discussion of the committee’s vision of Village Landing and how to proceed. He recommended that Jack should contact 1 -2 commercial developers to get their feedback on this development.
Economic Development:
• Menards has gotten their footing and foundation permit. Complete building drawings have been difficult to get because Menards is building across the Midwest.
• Gold Medal’s closing on the property at 10601 Medallion Drive is scheduled for October 23rd.
• GE Aviation has predicted that they will be on solid ground for the next 10 years.
Zoning Code:
Planning Commission will have their second meeting in November regarding the proposed Zoning Code. They have approved 98% of the code, with only form and technical issues needing to be addressed. The code then would move forward to Council.
Website:
Jack is still working on moving the installation of the new website forward.
Village Crossings, corner of Glendale-Milford and Reading Roads:
The committee discussed if the Village should or could buy this property if it comes on the market.
The next meeting is Tuesday, November 13th at 7:30 PM.
Stiney made and Bob second the motion to adjourn the meeting. The motion passed with a 7
yes, 0 no vote.
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