At long last, finally there is a public update on some projects in the works between Developers / Property Owners and the Brownfield Redevelopment Authority. Purchase and sale agreements were finalized for three projects on September 20th. Two of the projects could be quite interesting, involving mixed-use ,mixed-income, multi-story housing developments. The third is less exciting - but still good news for the local economy - a large expansion of a manufacturing / recycling facility. The city published specifics
here. Highlights below:
1. Harrison Circle Building - NOMI Developers, LLC
Mixed use project at 525 and 535 E Ransom, and 617 Harrison Street. Will be NOMI's 4th BRA redevelopment project in the Rivers Edge District totaling a $23 - $25 million investment. Will potentially include two food-related businesses (5,000 SF) and 80 apartments (mix of LIHTC, Workforce and market rate housing). This could easily be a 4 or 5 story project. Sketchy renderings of an earlier proposal for these parcels had similar density.
2. The Creamery Project - Hollander Development Company
Mixed use project at 1101 Portage Street. 48 rental units (29 affordable rate), approximately 5,800 SF for a 24-hour drop in childcare facility, and (iii) approximately 2,400 SF of commercial space. Will also try to attain LEED Platinum, bringing such additional features as indoor bicycle parking, rooftop green space, on-site solar energy, and public art space. Under the current agreement, the developer will pay the City a PILOT as approved by the City Commission on August 20th. Really hope to see this be 3 - 4 stories. It's not a large lot, so with the above program, it seems reasonable.
3. 4233 Davis Creek Court and 3603 Kilgore Road - Schupan & Sons, Inc.
Schupan has plans to expand its operations through the purchase of these two BRA parcels for storm water management / site improvements and a 40,000 SF building addition. Most of the 4233 Davis Creek Court Property cannot be developed with a building, but can receive site improvements, due the the creek, so the owner got a pretty good deal - $10,000 sale price for the 6.8 acre parcel.