News Tidbits 12/17/16: So Much In One Week

17 12 2016

1. For the developers out there, it looks like your next opportunity just opened up in Collegetown. For sale are three houses on Linden Avenue – 6-unit, 8-bedroom 230 Linden, for sale at $675,000 (taxed at $350,000), neighboring 4-unit, 8-bedroom 228 Linden at $700,000 (taxed at $460,000), and two doors down, 2-unit, 11-bedroom 224 Linden at $525,000 (taxed at $400,000). All three are somewhat run-down student apartment houses on the cusp of inner and outer Collegetown – as such, their zoning is CR-4, which allows four floors, 50% lot coverage, and has no parking requirement.

The properties were all purchased in the mid-1970s by a small-time local landlord, who was killed in a car accident two years ago. According to the listings, the seller’s agent is a family member, and the units are leased until late 2017 or 2018, meaning that if one were to purchase with an eye towards rapid redevelopment, they would have to negotiate with the tenants, or wait it out. That being said, there’s a lot of potential here, particularly if a buyer combines 228 and 230 into one lot. The city designed the CR-4 zoning with Linden Avenue specifically in mind – the concept render is a northward perspective of a revitalized Linden Avenue. They’re a lot of money, but there could be some interesting news down the line.

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2. Also in Collegetown, here are a couple of concept color renders of 210 Linden Avenue (left) and 126 College Avenue, courtesy of Visum Development’s webpage (currently down, cached link here). I confess to be more of a warm colors person, but assuming these are fiber cement boards and wood trim (or fiber cement that looks like wood), they could turn out quite nice.

On a related note, Visum’s Fox and partner Charlie O’Connor have started earth moving for their townhouse project at 902 Dryden Road in Varna. As it turns out, it is a very difficult site to get photos of, despite its easily accessible location. I’ll do a more in-depth shortly, but the units should be ready by August.

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3. Fulfilling a promise to Fred, here’s the rather upscale McDonald’s/Fasttrak combo under construction North Road in the village. There is a billboard on 366 advertising for new hires for when they reopen, but unfortunately, it was too difficult to attempt a photo of the board and render. The building’s exterior is largely complete, and the gas station canopy is framed – late winter opening? The new construction has a price tag of about $500k. Honestly, for a roadside stop, it looks pretty nice.

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4. More on Dryden, with a couple houses of the week. Looks like some modulars are going into the Maple Ridge development – one recently completed, one in the works. The open space to the right of house number two, the Cape Cod, will host a garage. The land for house one sold to Kenn-Schl Inc, a regional modular home builder and seller, in June for $48k. House two’s land was sold to a Rochester man for $39k in October. At this rate, Maple Ridge is going to fill out their 15-lot phase one in another year or two. Although waylaid by the Great Recession, the big plan is for three phases and 51 lots.

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5. On the 15th, the construction loan for the William George Agency’s new 1-story, 24-unit dormitory was filed to the county records office. The $3 million loan comes courtesy of …. A trip to the property didn’t pan out, it didn’t look like anything was underway even though the building permits were filed with the town of Dryden a few months ago. Then again, as a facility for troubled youth, it’s not the most welcoming place for a random visitor to be taking photos.

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6. So what’s being discussed by the towns? In the town of Ithaca next week, a lot line adjustment between two houses, and more Maplewood discussion, with consideration of preliminary site plan approval. Meanwhile, the town of Dryden has cell towers galore, as well as revised approvals for Storage Squad (1401 Dryden) and Tiny Timbers; plans are in the pipe line for a 7-lot subdivision of the Dryden Lake Golf Course, and a possible sewer extension study for NYS Route 366 east of the NYSEG building.

Image Property of HOLT Architects

7. Speaking of sewer, the town and village of Lansing are negotiating sewer deals so that the town can use village lines to help accommodate future growth. Dan Veaner at the Lansing Star has the story. the report says the town is asking for 700 units of capacity, where a unit is 328 gallons. 700 units would also put the Cayuga Heights plant at capacity. The town’s intent is to extend sewer capacity to encourage development along Triphammer Road (as in the town center concept shown above), with the reasoning that it’s a natural extension of established development, and would help grow the tax base in the event of the power plant closing. Not as grand as the plans that were shot down in 2007, but like the Warren Road sewer built a few years ago, it’s seen as a more organic and cost-efficient approach.

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8. There might be some of movement on Jason Fane’s Bank Tower $4 million renovation from office space to 32 apartments. The windows were inspected and tagged recently, possibly to determine what needs to be replaced where. Most of the exterior of the Commons-facing building will receive a cleaning and re-freshening, with the bulk of the work geared towards the interior.

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9. In economic news, 24/7 Wall Street is reporting that Ithaca has the 25th best job growth in the nation from November 2015 – November 2016. 2,200 jobs equates to 4.4%, by their measure.

Hate to burst the bubble, but don’t buy into it just yet. Initial estimates can be way off due to statistically insignificant sample size for small communities. It may hold, it may not. Wait until March and see if the numbers get revised.

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10. Interesting meeting next week for the city Planning Board. Amici House and Maplewood are up for final approval, and a couple revitalized or new projects. Here’s the scoop:

1. Agenda Review 6:00
2. Privilege of the Floor
3. Site Plan Review

A. Project: Maplewood Redevelopment Project 6:10
Location: Veteran’s Ave. (between Maple Ave. & Mitchell St.)
Applicant: Scott Whitham, Whitham Planning & Design, LLC, for Cornell University
Actions: Adoption of Findings, Public Hearing, Consideration of Preliminary & Final Site Plan Approval

The Town Planning Board filed a Notice of Completion on November 30th, 2016, which can be viewed here: http://www.town.ithaca.ny.us/major-projects/maplewood. The Town Board will consider adoption of a Findings Statement on December 20, 2016.

The city will specifically sign off on the bus stop and landscaped area at the northwest corner. STREAM Collaborative is the landscape architect.

B. Project: City Centre — Mixed Use Project (Housing & Retail) 6:30
Location: 301 E. State/M.L.K., Jr. St.
Applicant: Jeff Smetana for Newman Development Group, LLC
Actions: Determination of Environmental Significance, Recommendation to BZA

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C. Project: Amici House & Childcare Center 6:50
Location: 661-701 Spencer Rd.
Applicant: Tom Schickel for Tompkins Community Action (“TCAction”)
Actions: Consideration of Preliminary & Final Approval

Tweaked since last time – a little more glass in the stairwell, and the roofline of the classroom building has been broken up with three distinct gables.

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D. Project: College Townhouse Project 7:10
Location: 119, 121, & 125 College Ave.
Applicant: Kathryn Wolf, Trowbridge Wolf Michaels Landscape Architects, LLP
Actions: Public Hearing Determination of Environmental Significance

The big changes appears to be the switch from boxy bay window projections to curvy ones. Not sure if it works, given all the other boxiness. But on the bright side, we now know what the rear apartment building looks like:

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E. Project: Apartments (5 Units) 7:30
Location: 126 College Ave
Applicant: Visum Development Group
Actions: Declaration of Lead Agency, Potential Determination of Environmental Significance

This is what I get for writing things over the week rather than all at once. Confirmed fiber cement panels (wood-like and Allura olive green) and a very light yellow Nichiha panel.

F. Project: Apartments (9 Units) 7:50
Location: 210 Linden Ave
Applicant: Visum Development Group
Actions: Declaration of Lead Agency, Potential Determination of Environmental Significance

Charcoal grey fiber cement panels, light grey panels, natural wood trim and red doors. The base will be stucco.

G. 323 Taughannock – Apartment (Redesign) – Sketch Plan 8:10

Steve Flash’s 21-unit apartment building for Inlet Island was approved two years ago, but has not moved forward due to soil issues and parking costs. This new version is still a housing proposal, but I’m hearing for-sale units that may be condo-like. The design will also be new, but the aesthetic will be similar – it will once again be crafted by STREAM Collaborative.
H. Ithaca Reuse Center – Sketch Plan 8:30

I know about this project because a county staffer emailed me by accident. But without official docs, I wasn’t about to report on anything. The plan calls for a mixed-use building, not unlike that seen in design concepts a couple of years ago. TCAction and INHS are involved, so there is an affordable housing component – probably looking at mixed-use overall.

4. Zoning Appeals 8:50
• 3053, Sign Variance, 310 Taughannock Blvd.
• 3055, Area Variance, 113 Farm St.
• 3056, Area Variance, 301 E State St.

5. Old/New Business:
A. Update — Chainworks DGEIS – Transportation Comments/Responses – yes, it’s still going.
B. Update — City/Town Joint Planning Board Meeting Jan 31, 2017 – Maplewood?
C. Update — Joint Planning Board/ILPC Meeting (DeWitt House) – Let’s see how this goes…


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One response

18 12 2016
S B

Note that the Linden Ave properties are already listed as Under Contract. Seems like they were listed to finalize a sale that may have already been in the works…

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