News Tidbits 6/25/17: Lazy Sunday

25 06 2017

1. Starting off with the new project of the week: 42-unit, 108-bedroom 802 Dryden Road. As relayed on the Voice, the parcel currently hosts several rental properties in varying condition. The project is Modern Living Rentals’ largest to date, partly because developer Charlie O’Connor tends to focus more on smaller infill in urban areas.

Although no time table has been given for the $7.5 million project, a likely prospect is approval by the end of the year, with a spring 2018 groundbreaking, and a summer 2019 opening. While John Snyder Architects is in charge of design modifications, the townhouse designs are recycled from STREAM Collaborative’s 902 Dryden plan currently finishing up down the road. Marathon Engineering’s Adam Fishel will be shepherding the project through the approvals process, just as he did the Sleep Inn for Elmira Road.

Location-wise, it’s on a bus route but most everything will need some kind of vehicular transport, so it’s fairly auto-centric. There isn’t a lot of lot nearby apart from a few small rentals and single-family homes, and Cornell farm fields. On the other hand, few neighbors means fewer people likely to raise a fuss at planning board and town board meetings. As long as they provide town favorites like heat pumps, don’t expect big hangups as this plan moves through municipal review.

2. So here’s something out of the blue. Recently, the house at 2124 Mecklenburg Road in Enfield was sold to “The Broadway Group LLC d/b/a TBG Alabama LLC”, and a $998,000 construction loan agreement was filed shortly afterwards. One does not normally see million-dollar projects in Enfield, but a look at the filing yielding no information other than to suggest it was a retail building.

A little further digging indicates The Broadway Group, based out of Huntsville, Alabama, specializes in the development and construction of Dollar General stores. The lender, Southern States Bank, headquartered in Anniston, Alabama, is a preferred commercial lender for TBG. So this is a similar case to the Dollar General recently built in Lansing by Primax Properties –  it’s less about a bank being interested in Ithaca, and more about two major companies located near each other and having an established business relationship. A check of Enfield’s Planning Board reveals that the applicant took great pains not to reveal the name of the tenant, saying only a stand-alone variety dry goods store. A confidentiality clause with client limits what they could say, and TBG will technically own the metal building for a year until it transfers over to Dollar General. Expect a Q4 2017 and with it, 10-12 retail jobs.

I’ll be candid on this one – I sent out an email before writing anything up for the Voice asking if there were enough Enfield/West Hill readers who would care enough to justify an article being written. Jolene encouraged it, the piece went up, and the traffic on the article was actually pretty good, somewhat above average in fact.

3. The city has decided which option it wants to pursue for its rework of University Avenue. Basically, say goodbye to the northbound parking aisle and say hello to a new bike lane. The southbound parking aisle will remain, along with a 7-foot wide sidewalk and 10-foot travel lanes.

4. It looks like plans for the next Press Bay Alley are moving forward. 110-112 West Green Street was sold to Urban Core LLC (John Guttridge / David Kuckuk) for $650,000 on the 19th, and a $581,250 construction loan from Tompkins Trust was filed the same day. Technically, some of the construction loan is actually for the purchase; according to the IURA breakdown, the renovation into micro-retail, office and two 500 SF apartments will only cost about $207,500, plus $40,000 for soft costs like architectural plans, engineering and legal expenses. As part of the $200,000 loan extended to Urban Core LLC by the IURA, the project needs to create at least 6 full-time jobs at full occupancy. On the Press Bay Alley Facebook page, the developers have announced plans for a spring opening, and issued a call for active-use tenants looking for anywhere from 300-2,000 SF.

5. Cincinnati-based Bloomfield Schon has arranged to sell the Cayuga Green complex, lofts, apartments and all. The developer would sell the buildings to Laureate House Ithaca Management LLC. Upon the intended purchase date of August 1st, Laureate House would pay the IURA loan balance ($733,130 at the moment with a $4,880 monthly payment) off in full. That would be about 21 years earlier than anticipated. Laureate House appears to be a start-up real estate firm backed by three wealthy Cornell alums; although the literature says they seek to launch 55+ communities for active seniors in college towns, there don’t appear to be changes in use or commercial/residential tenant mix planned with the purchase of Cayuga Green.

6. Been meaning to note this, but it appears 210 Linden Avenue is undergoing asbestos remediation, which means that the building is being prepped for deconstruction. It looks like Visum Development will be moving forward soon with their plans for a 9-unit, 36-bedroom student apartment building on the property. I did not seen any outward indication of similar work being performed on 118 College or 126 College Avenue at last check, though it’s been a couple weeks.

7. Here’s a look at the city of Ithaca’s Planning Board agenda for next week. Harold Square and 323 Taughannock will have their latest revisions checked for satisfaction of final approval (various paperwork submissions, and of samples of exterior materials to make sure they’re acceptable). 238 Linden Avenue, 232-236 Dryden Road and the DeWitt House old library redevelopment are up for final approval, and the McDonald’s and Finger Lakes ReUse’s supportive housing projects will be reviewed for determination of environmental significance, which basically means that potential impacts have been addressed and if necessary, properly mitigated.

There is also one semi-new project, which is 709-713 Court Street  – that would be the street address for Lakeview’s $20 million mixed-use affordable housing plan on Ithaca’s West End. From previous paperwork, it is known that it’s 5 floors with 50 units of affordable housing, 25 of which will be set aside for Lakeview clients with psychiatric disability. There will be 6,171 SF of commercial space on the first floor, and 17 parking spaces. PLAN Architectural Studios of Rochester will be the architect. Apart from a rough outline, there have been no renders shared of the project, so that’s the “semi-new” part.

AGENDA ITEM Approx. Start Time

  1. Agenda Review 6:00
  2. Privilege of the Floor 6:01
  3. Site Plan Review

A. Project: Mixed Use Apartments – Harold Square 6:10

Location: 123-129 E State/ MLK St (the Commons)

Applicant: L Enterprises LLC

Actions: Satisfaction of Conditions

Project Description: The Board approved project changes with conditions on May 23, 2017. The Applicant was asked submit revised materials to return to satisfy the conditions in June.

B. Project: Apartments (Short-Term Rental) 6:30

Location: 238 Linden Ave

Applicant: Trowbridge Wolf Michaels for DRY-LIN Inc.

Actions: Public Hearing Determination of Environmental Significance, Preliminary & Final Approval, Approval of Transportation Demand Management Plan

C. Project: McDonalds Rebuild 6:50

Location: 372 Elmira Road

Applicant: McDonalds USA LLC

Actions: Declaration of Lead Agency, Public Hearing, Determination of Environmental Significance, Recommendation to BZA

D. Project: Residential Mixed Use (DeWitt House) 7:00

Location: 310-314 N Cayuga Street

Applicant: Kimberly Michaels, Trowbridge Wolf Michaels for Frost Travis, Owner

Actions: Preliminary and Final Approval

E. Project: Apartments 7:20

Location: 323 Taughannock Blvd

Applicant: Noah Demarest for Rampart Real LLC

Actions: Satisfaction of Conditions

Project Description: The Board approved the project with conditions on May 23, 2017. The Applicant was asked to submit revised materials to return to satisfy the conditions in June.

F. Project: Finger Lakes ReUse Commercial Expansion and Supportive Apartments 7:40

Location: 214 Elmira Road

Applicant: Finger Lakes ReUse

Actions:  Public Hearing  Determination of Environmental Significance

G. Project: Apartments (60 Units) 8:00

Location: 232-236 Dryden Road

Applicant: Noah Demarest of Stream Collaborative for Visum Development Group

Actions: Determination of Environmental Significance, Preliminary and Final Approval, Approval of

Transportation Demand Management Plan

H. 709-713 Court Street – Housing – Sketch Plan 8:20

  1. Zoning Appeals 8:45
  1. Old/New Business
  2. Planning Board Comments on the Proposal to Rezone Areas of the Waterfront 8:50
  1. Reports
  2. Planning Board Chair (verbal)

9:10

  1. Director of Planning & Development (verbal)
  2. Board of Public Works Liaison (verbal)
  3. Approval of Minutes: May 23, 2017, April 25, 2017, and November 22, 2016 (time permitting) 9:30
  4. Adjournment 9:35