Meadowbrook-Lee Development To Move Forward
Cleveland Heights City Council approved a tax abatement for The Orlean Company at this week's meeting, an agreement that moves forward an $11.4 million residential and retail building on a Lee Road vacant lot.
The Meadowbrook-Lee development agreement was unanimously approved by Cleveland Heights City Council this week, the Sun News reports.
The 11-year, 80 percent tax abatement for The Orlean Company's proposed $11.4 million residential and commercial building at Meadowbrook and Lee roads was unanimously approved by the Cleveland Heights-University Heights School Board last month.
This development will generate about $70,000 annually for the schools over 11 years. Without the abatement the development would generate around $300,000 annually — but a school board member noted that, with nothing on the empty lot, it generates no money.
Cleveland Heights Planning and Development Director Richard Wong also said at a school board meeting that it would contribute to the aesthetics of the Cedar Lee Business District and neighborhood.
"It's a beautifully functioning district with a hole right in the center, and we have this project to connect. So it connects north, south, encourages pedestrian activity and, in my opinion, it's beautiful," Wong said.
But some residents have spoken out against the development.
Cleveland Heights resident Fran Mentch spoke at the Nov. 6 school board meeting and asked why the developer needed an 80 percent abatement — why they couldn't get a lower abatement that wouldn't need approval the CH-UH School Board.
"It is clear that the decision tonight was based on the relationship between the city council and the school board and that the citizens and their money were irrelevant. Citizens who watch the proceedings on video will see that the city council and school board bargained about the taxes to be paid on the parking garage and future support of the bond issue. The Meadowbrook-Lee project was handed over to the developer," Mentch said.
The four-story, 77-unit building will house studio, one and two bedroom apartments ranging from 513 square feet to 1,138 square feet, according to early proposals. Though Stuart Friedman, spokesman for the Orlean Company, said it's too soon to talk exact rent prices, rates will likely be "a little bit north of a $1.50 a square foot."
The drawings include a bike storage area, fitness room, theatre and a courtyard with green space. Photos of other Orlean Company projects show kitchens opening out to living room and dining room spaces, hardwood floors, tear drop and spotlight fixtures and stainless steel appliances. Friedman noted the buildings would have features that older Cleveland Heights buildings do not, like air conditioning, and will follow green zoning standards.
The ground floor units will house commercial and retail space.
From the Sun News: Cleveland Heights City Council Approves Lee-Meadowbrook Development Agreement
Garry Kanter
1:38 am on Wednesday, December 5, 2012
An abomination.
A taxpayer gift of $5 MILLION.
Rents of $1,000 for the studios, $2,000 for the 2 BRs. That's twice what the market yields today.
The selling price of the land is $125,000. Since there was no independent appraisal, I have to guess that is a discount to market of $1 MILLION.
Council has failed in their fiduciary duties as trustees of the CH taxpayers' assets.
And don't get me started on the defective paperwork, including missed deadlines and a state mandated Application For Tax Abatement submitted by "TBD" - To Be Determined. Yes, an application with no applicant.
Anybody a lawyer that wants to see things done the right way?
Richard Hollis
9:40 am on Wednesday, December 5, 2012
It appears that the BOE and the City have money to burn. This is the same school board that is about to ask us for $1,500,000.
michaelschwartz
9:59 am on Wednesday, December 5, 2012
I believe the school board will be asking for almost $200 million not $1,500,000, but hey what's $200 million when its other peoples money?
Peter Bruce Photo
2:46 pm on Wednesday, December 5, 2012
wow
Michael Lawrence
3:49 pm on Wednesday, December 5, 2012
seems the public had no say in this, they just went ahead & did it because they liked the business aspect of it for the 2 parties involved.
Garry Kanter
6:38 pm on Wednesday, December 5, 2012
I'm curious if this is the first that Peter Bruce Photo and Michael Lawrence have heard about this odious deal?
'Cause I've been posting this particular lack of representative government on the Patch and the Sun press for about four months.
SPH
1:15 pm on Friday, December 7, 2012
Mr Kanter. Just because you live on here does not mean everyone else does the same. As for me this is at the end of my street and I don't see why we feel that we have to build on every corner and give whomever occupies the space a friggin' tax abatement. I have to pay taxes so should they.
Garry Kanter
4:04 pm on Friday, December 7, 2012
Since we're of like minds on this boondoggle, why don't we try to work together to stop it, rather than you take shots at me?
Michael Lawrence
6:50 pm on Saturday, December 8, 2012
I've been reading about it on here.
Garry Kanter
10:07 pm on Saturday, December 8, 2012
Well, with this wonderful tool we call the CH Patch, we ought to be able to figure out a way to organize and stop this outrage.
Ned Tufekcic
4:38 pm on Friday, February 22, 2013
I am not sure why we always give the store away when we something requires development. The corridor could use another property but it is imperative we do not have more empty retail space. I would incentivize maximum occupancy of the existing real estate....for all it's charm I cannot envision the lure of renting on Lee Road...busy traffic, already limited parking on peak days, etc...so in other words, we are giving away the store for what specific reason exactly?
Garry Kanter
7:46 pm on Friday, February 22, 2013
Good question. Have you asked any members of city council? I have. All I got was double talk and/or silence.