News Tidbits 3/12/17: Affordable Housing Week 2017

13 03 2017

It’s been a busy week. Let’s start by reviewing some of the entrants for the city’s affordable housing funds.

The Ithaca Urban Renewal Agency will be holding public hearings on March 16th and 23rd as part of the process to determine who will receive money from the Housing and Urban Development (HUD) grants awarded to the city. The 25 applicants, same number as last year, range from jobs training to community services to the development of affordable housing. All summed up, there’s $1.982 million requested, and $1.149 million available; that’s up from $1.85 million requested in 2016, with $1.54 million available (about $273,900 of that came from the returned funding for INHS’s cancelled project at 402 South Cayuga Street). In fact, the amount of money available is the lowest it’s been in a few years – in 2015, $1.78 million was requested out of $1.215 million available, just a little over two-thirds of the total. With the increasing requests, the chances for funding have gone down this year.

Without discounting the value of the other applications, the focus here will be on the real estate development projects. For the record, writing about a project is neither an endorsement or opposition from this blog.

1. The big new proposal coming out this year appears to be Lakeview Health Service’s plan for the corner of North Meadow and West Court Streets on the city’s West End. I expanded on the basics in a Voice article here, but for the blog’s sake, we’ll take a look at the finances.

In terms of leverage, it’s a pretty big project – a request of $250,000 towards a $20,081,186 project. However, keep in mind this project is only eligible for HOME funds and not CDBG (Federal Community Development Block Grants), and the city only has $295,245 in HOME funds to work with after overhead is taken into account – this is a pretty substantial request for something still in the conceptual stages.

The project fills a substantial by providing 50 units of affordable rental housing, all 1-bedroom units, in a 5-story building. Not only that, but half of those units would be set aside for those living with psychiatric disabilities. Ten of the general housing units would be available to those making 50-60% of area median income (AMI, about $27-$32k), with the other 40 going for less than or equal to 50% AMI. Those units will be interspersed with the general affordable housing. The special needs residents will be considered case-by-case; it’s for those who are generally independent, but may need assistance in stressful or difficult times. Lakeview will maintain an office on the first floor that will be staffed 24/7.

Some retail space will also be available on the first floor, which helps to cover the operational expenses, and meets the city’s goal of a more dense and vibrant West End. 17 parking spaces will be provided, so it’s expected the residents will utilize bikes and mass transit. The design will be slab-on-grade, with a deep foundation – soil in this part of the city is poor due to the high water table, so projects either have to be one or two floors with slab foundations, or they have to build enough floors to accommodate the costs of driving piles into the ground, in this case 80 feet down. This is something to keep in mind with the waterfront rezoning, as the soils are pretty similar.

The pro-forma assumes $730,300 in income in the first year after vacancies are noted, and about $313,500 in expenses, leaving a little over $416,800 for debt service. Everything goes up a little bit each subsequent year for inflation. The debt service is scheduled to last for 50 years.

Rochester’s PLAN Architectural Studios is the architect, so expect a modern design not unlike the cancelled concept plan for the Elmira Savings Bank site on West State and Meadow. The preliminary floor plan suggests the retail will face West Court Street rather than the Meadow/13 corridor.

As with many affordable projects, this one has a rather extended schedule due to the need to compete for public grants in tandem with private loans – funding applications are being submitted this year with loan awards during 2018, including the IURA’s. Construction would be from October 2018 to April 2020, with rent-up shortly thereafter. It’s odd to think this likely won’t even show up in the 2020 census, but we’re starting to get that far into the decade.

2. Meanwhile, Habitat for Humanity is continuing to move forward with their 4-unit townhouse plan at 402 South Cayuga. The non-profit has agreed to purchase the land from the city for $32,000, a below-market price that the city is fine with accepting, given Habitat’s plans for 4 owner-occupied affordable townhomes for those making 30-60% area median income (AMI). They are requesting $80,000 towards the $270,000 cost. It appears that Habitat’s splitting it into two phases, two units in each – given the small size of their organization, it’s a sensible approach. $540,000 for ~5200 SF of units is also quite a deal, at about $104/SF, about half the cost of an INHS project. Habitat does have volunteer labor that it can utilize.

Habitat is hoping to parlay the Morris Avenue two-family they’re doing later this year into sustained interest and funding for Cayuga Street – attracting donors with one city project, who might be interested in donating time and dollars to the next one. Like with Lakeview, construction is likely on a 2018-2020 timeframe. They’re also only eligible for HOME funds, so either Lakeview or Habitat will not be getting their full request, possibly both.

3. On the economic development side, TCAction is requesting $84,200 towards their $8.25 million childcare center at 661-665 Spencer Road. The project is part of the Amici House plan and was approved by the city concurrently, but technically separate from the 23 units of vulnerable youth housing being provided next door.

Named for a late, long-time TCAction employee Harriet Giannelis, the project helps fund the site acquisition – one of the land parcels is owned by the county, and TCAction has a $184,000 purchase lease-back agreement (the county bought the land from a private owner, and they’re currently leasing it to TCAction), which will be paid off partly with the IURA funds. The new 7,010 SF childcare center will provide daycare and early-education programs (Head Start) to 40 low-income children. Although promising three new jobs in the application, TCAction expects 21 Full-time equivalent positions to be created. It’s easier to provide an employee’s lifetime income documentation for 3 staff vs. 21. Welliver will be the project contractor, so expect local union labor.

Most of the other funds come from county, state and federal grants – another $500,000 comes from a loan with M&T Bank.

4. Also on the economic side is Finger Lakes Re-Use’s expansion plan at 214 Old Elmira Road. the non-profit has refined their plans for a new mixed-use expansion, and plans to start the city’s formal project review process later this month. Some of the numbers have been tweaked a little bit, but the basic components are the same – Finger Lakes ReUse would work with Tompkins Community Action (TCAction) to bring a new 4-story, 26,100 square-foot (SF) building to FLR’s property at 214 Old Elmira Road. The first floor would expand FLR’s retail operation, while the upper floors would provide office space for FLR, and 22 units of transitional housing for formerly homeless individuals. Plans also call for an 8,100 SF warehouse for salvaged lumber/wood, and a 600 SF pavilion. 79 parking spaces are included in the project.

As with TCAction’s Giannelis Center, 9 FTE jobs are expected to be created by the $10 million project, but FLR promises to provide previous income documentation for 3. The monetary request from the CDBG funds is $100,000, and they will also be using Welliver. Welliver seems to be the safe choice when a developer wants subcontracted or direct local union labor.

The application states the $100k is going towards site acquisition, which I’m not fully following since they own the property and it doesn’t appear any new property is to be acquired. Perhaps the site has legal stipulations that have to be bought away? It’s not totally clear.

If I can be an architecture critic for a moment, I like the warm colors, but that largely blank east stairwell is kinda bleak. Maybe use those orange panels on that as well? Or another warm color?

Anyway, we’ll find what the IURA thinks; funding will be determined by the end of April, and formally awarded in June after the city’s Planning Committee signs off on the disbursement.

 

 

 





News Tidbits 1/20/17: A Week Late and A Day Early

20 01 2017

1. In the town of Ulysses, work continues on a rezoning and reimagining of the hamlet of Jacksonville. The town held a meeting for public feedback this past Thursday. For those who are unfamiliar, Jacksonville is a cluster of a few dozen houses and a few small businesses about two-thirds of the way up Route 96 from Ithaca to Trumansburg. The town is working with local urban planning firm Randall + West to redevelop the hamlet, which has been plagued in recent decades with not just the standard rural upstate flight, but total disinvestment in some parts as a result of a massive gas spill in the late 1970s that poisoned the wells of neighboring properties, which Exxon bought and left in a state of low, sporadic maintenance.

However, some areas are served by municipal water systems, and the town is looking at expanding the hamlet zone, and creating a hamlet center zone in the hopes that they can give the hamlet “quality growth” and a Trumansburg-like flavor – small shops and density at the core, and somewhat walkable for basic errands, with sidewalks and interconnected streets. It’s a bit reminiscent the old “nodes” concept pushed by the county about a decade ago, but with more emphasis on walkability. The zoning brief shows participants have expressed a preference towards small-lot houses and 2-4 floor mixed use. With the latest public meeting completed, the plan is to have a zoning draft ready by March.

For the record, Ulysses permited 11 new homes in 2016, so even if the revised Jacksonville hamlet zoning becomes more accommodating, don’t expect a boomtown.

402_s_cayuga_habitat_2 402_s_cayuga_habitat_3

2. From the IURA Neighborhood Investment Committee agenda, a few more details about Habitat for Humanity’s plans for 402 South Cayuga Street. Four units, $720,000 construction cost, about $799,500 with soft costs. Savings from volunteer labor reduce the cost to $709,500. Funding comes from $100k in cash equity attained by the sale of the Morris Avenue townhouses, $300k in grants and $120k in HUD funding. Private donors and grants are expected to contribute about $189k. The initial design and land purchases expenses are being covered with funds from the $50,000 sale of a 32-acre parcel in Trumansburg for public green space. With multiple transactions required before anything can move forward, the plan is to break ground in June 2018 with construction lasting from 18-24 months.

The units will be sold to families making 30-60% of local AMI (i.e. $16-$32k/year) who put in the requisite sweat labor and take approved home-ownership and finance courses. The units will be solar-capable, though they’re still debating if the panels will be installed by Habitat or the responsibility of owners. By the way, the bright colors of the units are intentional.

The committee has said this project pretty much checks off every box on their want list, and Habitat for Humanity has been named preferred developer; contingent on approvals, the IURA will sell the property to the non-profit for $32,000.

amici_v3_1

3. For those that might have missed it, the Times’ new journo, Matt Butler, did a nice piece on TCAction’s Amici House development. The 23-unit project will be up for prelim approval at this month’s Planning Board meeting. In the piece, TCAction Director Lee Dillon notes that it’s not strictly for drug rehab, it’s for homeless youth regardless of the presence of addiction. The project also provides a low-cost childcare center with five HeadStart classrooms able to support 40-45 kids. Apart from a couple of concerns and complaint, reactions have been generally receptive to the plan, which will be located at 701 Spencer Road on the southern edge of the city.

As a former Head Start student, I never knew it was geared towards low-income families until I was in high school. There’s a lot of real, tangible value to Head Start as an early education program, especially in a community like Ithaca where the school district the kids enter into is capable and well-regarded. I applaud the Amici House project and look forward to its construction.

tiny_tims_7 unnamed

4. Tiny Timbers is getting quite creative. In addition to the five existing designs, Buzz Dolph’s team, working with architect Noah Demarest, have rolled out two new designs. The first is a one-story, two-bedroom house which looks to be in the 630 SF range, with the option of deleting the second bedroom available. The second design is called “big cube”, with a 21′ x 21′ footprint (two stories, 882 SF), slightly larger than the 18′ x 18′ regular cube. The website seems to be down for an update at the moment, but the 3D panorama still works.

The town of Dryden has granted approval to the Varna site, so at this point marketing and sales of the home sites should be getting underway soon. If successful, Tiny Timbers could be a solution to meeting an underserved and difficult-to-serve segment of the Ithaca market – new, modestly-priced homes.

20161119_145216

5. Here’s the funding application for the first stages of the Tompkins County Heritage Center. The request is for $35,500 from the legislature. That would cover community presentations, legal fees for partnership agreements, a retail space plan, branding language and design, concept overview, website, floor plans, exhibit design and the launch of a capital campaign later this year (May for the silent campaign, October for the public campaign). Along with the capital campaign, primary funding may come in part from the $500 million URI fund that the state awarded to the Southern Tier back in 2015. The History Center and its partners are exploring some of the way they can reuse the 18,000 SF space currently occupied by Tompkins Trust; for example, multimedia presentations in the former bank vaults. STREAM Collaborative is in charge of the new floor plans, STREAM will work with St. John Design Group to do the branding, and Todd Zwigard Architects will handle exhibit design. The Solstice Group will be providing guidance in assembling and running the capital campaign.

To be frank, I’m still not sold on the idea of the Heritage Center being a driver of tourism itself, but I could see it being an enhancement to downtown Ithaca’s other offerings, as well as a gateway for visitors staying at the new hotels near or soon to be open within a couple blocks of the site: “Come for the colleges, wineries and gorges, but check this out while you’re here, you just might find other things you want to do and see”.

20170107_124807

6. The initial December 2016 jobs reading of 73,800 rounds out the 2016 jobs reports. Tallying up the average, the initial estimate for the Ithaca metro for 2016 is 71,600, an increase of 1.7% from last year’s average of 70,400. As always, take the initial estimates with a grain of salt, since they’re liable to be adjusted a fair amount in the big March revision. However, should they hold up, it gives Ithaca the highest percent growth of any New York State metro in the past year (although for the record, NYC added 1.1%, or 109,000 jobs in the past 12 months, basically an Ithaca and a half). For reference, the 2011 jobs average was 66,200, and the 2006 estimate was 62,600.

With the exception of those neighborhoods closest to the universities, the biggest driver of the housing affordability crisis is not student population growth, which was about 196 over the past year (+285 Cornell, -89 IC). It’s the people relocating to/near Ithaca for work. That doesn’t capture the imagination and emotion as much as saying the city’s being overrun by obnoxious 20-year olds.

20161209_121807

7. Not everything recorded in an interview makes it into Voice articles due to space constraints. Here are some transcribed notes from the “State of the State Theatre” piece that didn’t make the final cut:

Q: Where do you see things going in the next 15 years? What will the State Theatre of 2030 be like?

Doug Levine: We’d be fresh off celebrating our hundred year anniversary! They don’t build theaters like this anymore, we’ve made a lot of improvements to the building, we’ve completely renovated the restrooms. Technologically, we’ll be a lot more advanced, paperless ticketing will be a seamless transaction. We want to maintain the building charm, it’s just a grand palace, but behind the scenes, we’re getting more efficient and innovative, we’ve upgraded to LEDs, and the stage sound and lights will be a lot more cutting-edge, and we’d like to be more energy efficient. I would like to see more flexible seating in 15 years. We’d stay with DSP [Dan Smalls Presents] long-term, that’s worked out really well for us. We’re going in a good direction and I want to keep building on that success.

Q: Dovetailing off that, Ithaca is one of the few growing areas of upstate, and it’s increasingly seen as a tourism and leisure destination. Do you see ways for the State to tap into that? What other opportunities do you see (I noticed something called Ticketfly)?

DL: Conferences are a growing opportunity, the growing economy has led to a spike in conferences from all over the state wanting to come here, and those thinking creatively reach out to us, we had 2-3 last year and [we have] more planned, they’ll use us and Cinemapolis, it’s never going to be a big component but it’s nice to have those groups coming in. We average over 50,000 a year through our doors, 40% from beyond Tompkins County – New York, Philadelphia, Canada.

20151108_154139

8. It looks like the town of Ithaca wants to extend their two-family home moratorium beyond the initial 9 months. 9 months was explicitly chosen after considerable concern from developers and homebuilders last Spring stemming from the initially-proposed 12 months, which would have impacted two construction seasons. The town doesn’t even provide a new timeline, it leaves a blank next to 2017. Really burning through the goodwill here.

 

college_townhouses_v2_1

8. Looks like a rather luckluster agenda for the planning board next Tuesday. A bunch of projects up for preliminary and/or final approval. These meetings could start becoming very light on substance if there isn’t more in the pipeline. Here’s the schedule:

1. Agenda Review              6:00

2. Privilege of the Floor    6:01

3. Site Plan Review
A. Project:  Amici House & Childcare Center                               6:10
Location: 661-701 Spencer Rd.
Applicant: Tom Schickel for Tompkins Community Action (TC Action)
Actions: Consideration of Preliminary & Final Approval
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: Public Hearing, Potential Consideration of Preliminary Approval

C. Project: College Townhouse Project 7:00
Location: 119, 121, & 125 College Ave.
Applicant: Kathryn Wolf, Trowbridge Wolf Michaels Landscape Architects, LLP
Actions: Approval of Trans. Demand Management Plan, Consideration of Preliminary & Final Approval

D. Project: Apartments (5 Units) 7:30
Location: 126 College Ave
Applicant: Visum Development Group
Actions: Public Hearing, Approval of Trans. Demand Management Plan, Consideration of Preliminary
& Final Approval

E. Project: Apartments (9 Units) 7:50
Location:210 Linden Ave
Applicant: Visum Development Group
Actions: Public Hearing, Approval of Trans. Demand Management Plan, Consideration of Preliminary
& Final Approval

F. 107 S Albany St – Sketch Plan 8:10

Presumably, the Stavropouloses are heading back for some type of major revision to their 6-unit, 9-bedroom proposal. The previous plan was an addition onto the back of the existing century-old property. We’ll see what is changed, and by how much. Zoning is CBD-60 – five floors, no parking.
G. 821 Cliff Street – Parking for Business in a Residential Zone 8:30

Parking for the medical office building at 821 Cliff Street; perhaps an expansion to help market it, as I see postings for its space scattered throughout commercial listings. Nearby properties are vacant land.

4. Zoning Appeal: 8:50
#3056, Area Variance, 301 E State St.

5.Old/New Business:
A. Sidewalk on Worth Street -Planning Board Resolution to Board of Public Works
B. 2017 Planning Division Work Plan – Planning Board Comments
C. Update — Joint Planning Board/ILPC Meeting (DeWitt House)

Regarding 5B., Apparently the city is still having discussions with Fane regarding a development of 330 College Avenue, the former Green Cafe on the SW corner of College Avenue and Dryden Road in inner Collegetown. I write “a” redevelopment because the previous 12-story proposal didn’t look like it was going to make friends and influence people. Also on the long-term agenda are the Maguire plans for the Carpenter Business Park, Ithaca Gun, and Chain Works, which is still undergoing environmental review. Those are going to be long slogs, so don’t worry about missing anything.





News Tidbits 12/31/16: For Ithaca, This Wasn’t A Half-Bad Year

31 12 2016

902_dryden_final
1. Another fairly quiet week for that Christmas-New Year’s lull. There wasn’t anything too noteworthy in real estate transactions, but thanks to a construction loan filing, we have a figure for the construction cost of Modern Living Rentals’ 902 Dryden Road project – $1,192,550. The 8-unit, 26-bedroom townhouse project is being financed by Elmira’s Chemung Canal Trust Company, a regional bank which has been looking to expand its presence in the growing Ithaca market. Most mid-sized building loans like this are financed by Tompkins Trust, and this appears to be the largest project CCTC has financed locally; checking the records for the past 12 months, they’ve previously financed a few single-family homes and that’s it. A larger loan like this might be a sign that they’re building confidence in the project and the market.

815_s_aurora_night

2. Sticking with MLR, a glance at their webpage gives an interesting detail – the 87-unit, 87-bedroom 815 South Aurora project is now described as having 125 bedrooms. The multi-story apartment project sought and persuaded the city to reduce cellphone tower no-build radii last spring so that it could be built near the South Hill telecommunications mast, but because the city only reduced to 120% of height instead of tower height plus 10 feet (meaning 206 feet instead of 180 feet in this case), the project has to be tweaked. No revised designs have been released, but should something come along, you’ll see it here.

Side note, the website has an easter egg – clicking on MLR’s Commons placeholder gives you the 2015 downtown market summary from the DIA.

cornellspace-771x394

3. For those interested in learning more about Cornell’s north campus plans, video from one of their meetings can be found online here. The key takeaways – the first building, when it is built, has to be larger enough to function as swing space for Balch Hall, which appears to be first in line for renovations. Balch has 437 bedrooms, to give an idea of the potential capacity of the first new dorms. Dickson is larger (527 beds), but its renovation will be split up over two summers, allowing for partial occupancy while renovations are underway. Lot CC could potentially be replaced with 1,000 beds in multiple buildings, as well as a dining facility (a new dining facility is seen as less urgent and would be further down the line). Those new dorms would eventually be geared towards sophomores, multi-story but “contextual” in height. It sounds like the first concrete plans are expected to be ready by the end of the 2016-17 academic year.

4. The Common Council will be voting on some bond issues next week that will fund several municipal projects. $500k for street reconstruction, $367k for municipal building renovations, $653k for street lights, $600k for a replacement water tank on Coddington Road, $101k for bridge inspections, $181k for the Stewart Park pavilion, $51k for site improvements to the Hangar Theatre property, $134k for design and scoping costs for the Brindley Street bridge replacement, $340k for the Cascadilla Creekway project and a replacement ped bridge at Sears Street, water mains, traffic lights, traffic calming, new police cars, all totaling $6,464,450. A separate measure calls for an additional $950k in bonds to cover the costs of the Stewart Avenue bridge repainting and reconstruction.

Some of the money covers design studies for intersections – of particular note is a study considering a roundabout at the “five corners” intersection at Oak Ave/Dryden Rd/Maple Ave, which could be a welcome change from that awkward traffic light currently there.

The city issues bonds twice a year, in January and July, to cover its various construction projects. Some of it gets reimbursed with state and federal dollars.

city-center-v4-1

5. I cheaped out on my Voice summary of the top development stories of 2016 – there are only 5, but only because there was no way I had time to do ten this week. Here are five that missed the cut – the cancellation of State Street Triangle and the rise of its replacement, City Centre; the Tompkins County Housing Summit and the Danter Study, which are important but not really attention-grabbing; some progress in affordable housing, with Cayuga Meadows, 210 Hancock, Amici House and Poet’s Landing; the continued growth of Collegetown, with the opening of Dryden South, Dryden Eddy and Collegetown Crossing, and the entrance of the College Townhouses, 210 Linden and 126 College; and the growth of the local economy, which if the numbers hold up to revisions, 2015-2016 will have the second highest year-over-year gain in jobs since 2000 (#1 is 2011-2012).

When thinking about what’s in store next year, it’s a little sketchy because of impacts from the incoming Trump administration, and how that could impact the national economy – but if things stay consistent on a large-scale, than Ithaca can expect continued modest but steady growth, mostly in meds and eds, with a bit in tech and hospitality. We’ll probably see a couple new projects proposed in downtown and Collegetown, and maybe some smaller residential and commercial projects in other neighborhoods, like the Elmira Road strip and State Street Corridor. The town of Ithaca, it’ll depend on if they get their new zoning sorted out; if they do, there might be a burst of new proposals in some areas. The other towns, it’ll be hit or miss, maybe a larger proposal in Lansing or Dryden but otherwise scattered-site single-family, par for the course. Also, keep an eye out for more housing proposals from Cornell.

masonic_temple_1-771x595

6. It’s quiet week, so let’s finish this up with a little water cooler gossip. From the rumor mill, some of the potential tenants being discussed for the Masonic Temple include a microbrewer (good thing the city just updated their zoning to allow microbreweries), professional event space, and a church. That last one seems a little unusual, but to each their own. The renovation plans call for three rental spaces, one of which is geared towards restaurant tenants.





409 College Avenue (Student Agencies eHub) Construction Update, 10/2016

17 10 2016

With all these Collegetown projects wrapping up over the past few months, I may need to re-balance my update schedule. The Student Agencies renovation is complete and eHub has opened. I intended to take a few interior photos, but the staff on the first floor were tied up with several other visitors, so I moved on to the next site.

I think the real benefit to this project isn’t so much the renovation as those who are occupying it. eHub is meant to encourage student entrepreneurs. They may migrate to Rev, they may be successful and grow their business locally, adding local jobs and helping to diversify the local economy beyond meds and eds.

For example, the tech startup Rosie was launched in 2012 by Cornell students, and was housed in eHub’s eLab space. After they graduated, the founders migrated to Rev, and have since migrated to office space on the Commons. Today, the company employs 21 people locally (26 total), with more hires planned. Another eHub “grad”, FiberSpark, has stayed local and provides the fastest internet service in Ithaca. Not all the companies are successful, and not all the successful companies stay in Ithaca. But if even a portion of them survive and thrive here, than that’s a real asset for the community. I look forward to seeing what an expanded program will cultivate.

20161007_155339 20161007_155357 20161007_155416





News Tidbits 8/27/16: A Week of Questions

28 08 2016

harolds_square_v4_new_comparo

1. Let’s start off with a planning board recap. The subdivision at 123-125 Eddy Street was reviewed. My Voice colleague Mike Smith called any proposal for that part of Eddy “masochist“, and the Journal’s Nick Reynolds had some fun with it as well. Councilman Graham Kerslick paid a visit on behalf of Orchard Place, both as a resident and as spearhead for the wealthy, owner-occupied enclave’s opposition to the two-unit house due to parking and concerns about renters. There’s virtually no process to stop lot subdivisions, since those do not have physical impacts. If the lot meets legal specs, the board is obligated to pass it. They can, however, request a site plan review for the house.

201 College’s discussion was interesting. It takes some moxy to say “Historically, Collegetown has always been a dump,” but the comment isn’t without merit. The neighborhood has effectively functioned as Cornell’s housing annex since the first boarding houses were built in the late 1800s, and owner-occupancy, never a strong presence to begin with, steadily disappeared after World War II. Many of the structures venerated now were seen as cheap and ugly in their early days. The argument provided by Fox was that historic character should be defined by the social fabric of the neighborhood, not by physical appearance. Collegetown has always been primarily a student neighborhood, and he feels his project offers a high-quality addition to maintain that student-centric social fabric. He even called out Neil Golder, the project’s primary opponent and a former student renter who eventually bought his house: “The only thing that’s out-of-character in the neighborhood is Neil’s house and demographically, Neil.”

What followed was essentially a debate on legal issues, which occasionally became heated. In the end, the board agreed to draft a zoning appeal, so now it’s onto consideration of final site plan approval, which hinges on Board of Zoning Appeal interpretation on whether or not the building is in compliance with the zoning code. In other words, on 9/6, the project team is basically going to ask, “hey does everything meet the code,” the BZA says “yes/no”, and if yes, final site plan approval is granted. Very convoluted.

On a happier note, Harold’s Square’s changes were approved, and developer David Lubin announced that with that in hand, he has the funding secured to begin construction this fall. There had been been some debate about the architecture beforehand, which threatened to derail the plans, but the issues were ironed out.

2. The Ithaca Urban Renewal Agency will be reviewing an application for a new microbrewery in the city’s West End neighborhood. Liquid State Brewing Company would be located in 5,000 SF of leased, renovated space in the Cornell Laundry Building at 521 West State Street. The brewery would initially focus on hoppy ales with a local distribution to stores and restaurants. There will be a taproom, outdoor patio, food truck events and a small amount of merchandise for sale.

Proposed by former Ithaca Beer brewer Ben Brotman and Jamey Tielens of Trumansburg, the project would create 2.5 jobs, over or just about living wage. The written paperwork includes the two brewers and a cellar specialist, for 5.5 jobs. If approved, the brewery would open in early 2017.

Liquid State is looking for a $70,000 loan towards their $620,000 project. For the record, there will be no link provided to the application because it contains sensitive tax and financial information about the applicants. The IURA tends to be a bit dicey about things with alcohol involved, but the locally-made aspect will help sell the project to the committee.

wyllie

3. Also on the IURA Agenda, the Restore NY grants. As written about in the Voice back in July, there were ten suggestions for nine projects. Four were dropped – Josh Cope’s hostel proposal, INHS’s Elm Street project, Novarr’s project, and the renovation of 224 West Spencer. 310 West State, 121 West State and 139 East State Street (part of Harold’s Square) were bundled into one grant application called the “State Street Historic Buildings Rehabilitation”, requesting $500,000 for $3.7 million in projects. The other application, for 109 North Corn Street (Wyllie’s, above) and 413-415 W. Seneca, are part of the “Seneca/Corn Street Buildings Rehabilitation”, $500,000 for $875,000 in projects. At a glance, the State Street plans look to have a pretty strong application, but we’ll see what the state thinks after they’re submitted this fall.

chain_works_rev3_3

4. Here are the 15 or so pages of comments received on the Chain Works District DEIS. Some are really good questions or comments, some aren’t, some conflict with each other – it’s the nature of the beast.  The Planning Board’s Special Meeting on Tuesday is mostly just to review comment summaries, and several more meetings will be scheduled through September and October.

mettler_toledo-1-771x372

5. So I had the unpleasant task of breaking the news this week of the largest single layoff or facility closure in Tompkins County in seven years. The loss of 185 well-paying jobs is not something to take lightly, even if this area is in general faring well economically. Even worse, the Journal is reporting that TCAD never even saw it coming, they were blindsided. At least with Emerson in 2009, the writing has been on the wall for several years, especially after they transferred their senior corporate jobs to Kentucky in 2007. Here, everyone’s just been blown back. Mettler Toledo Hi-Speed paid over $100k in taxes annually, and was a big supporter of the local United Way chapter, so it has a lot of negative impacts spread out on Dryden and the county. Not a good week.

If anything, this is a sobering reminder that economic development is multi-pronged – attracting new business with new job opportunities is the obvious part, but maintaining an environment that nurtures and supports the existing workforce is just as important.

20160821_134917

6. Giving credit where credit is due, the Journal’s Nick Reynolds did a nice write-up on the Carey Building overbuild on the 300 Block of East State Street. The article ends with a not-so-subtle teaser that Travis Hyde Properties might be bringing forward a residential proposal for the Ithaca Gun site some time next Spring, something that has been in the making in one form or another for a decade-plus (they’ve held off in the past couple of years because the city had to finish cleaning up adjacent soils).

One note of discomfort is that the article refers to the Ithaca Gun site as “its next project”. What is that saying about the Old County Library site?

7. Nothing too exciting in real estate sales this week. “SCF Realty Capital LLC” paid $6.6 million to Drake Petroleum for three gas stations – $1 million for the Sunoco on W. Main in Dryden village, $1.9 million for the Xtra Mart on Dryden Road, and $3.6 million for the recently-renovated Xtra Mart on Route 34B near the Lansing town offices. County tax assessors had them valued at $2.35 million collectively. I’m not familiar with the sales dynamics of convenience stores/gas stations, but that’s an impressive differential.

SCF stands for “Stonebriar Commercial Finance”, a company that specializes in middle-market commercial real estate finance over a wide spectrum of industries, with sale-leaseback options for clients. A copy of the deeds were sent to the corporate offices of Mirabito Energy, and a check online indicates Mirabito is buying 31 gas stations in three states, part of a corporate divestiture of locations by Drake’s parent company, Global Partners. So, the Xtra Marts are becoming Mirabitos.

Speaking of gas stations, land for sale at the Rte 13/Rte 34 split in Newfield sold this week to an LLC representing the Marshall Companies, a Weedsport company that runs Pyrus Energy and the Pit Stop Convenience Store chain.





Ithaca Beer Construction Update, 2/2016

25 02 2016

From the outside, work to Ithaca Beer’s $7.2 million, 23,800 SF addition is complete. The new wing will hold a new bottling production line, an expanded packaging area, and more barrels for aging the yeasty brew. According to the Voice interview I did with Ithaca Beer marketing director Gregg Stacy back in November, the new equipment should be on-site by March. The new wing should be fully up and running sometime this spring.

The new addition and expanded capacity are expected to create 22 jobs, according to the project’s tax abatement application. As an economic development project, Ithaca Beer applied for and received standard 7-year tax abatements from the Tompkins County Industrial Development Authority (TCIDA). Local firm HOLT Architects is listed as the designer(s)-in-charge.

In addition to HOLT, Rowlee Construction Inc. of Fulton is the Design-Build Contractor, and Syracuse-based Fortune Engineering Group was involved with the structural design (a big thanks to HOLT’s Maria Livingston for the additional info).

20160219_171301

20160219_171355 20160219_171420 20160219_172058

ithaca_beer_2





News Tidbits 2/20/16: Looking Forward, Looking Back

20 02 2016

20150727_145000

1. The city of Ithaca released their 2015 Planning Board summary as part of the planning board agenda this month. Here’s some highlights –

Construction costs for projects filed in 2015 are expected to total $66.8 million. In something of a rarity, Cornell was not the big financier this year, only being attached to the $12 million Novarr/Johnson School project at 209-215 Dryden Road. The two most expensive projects are the $26.5 million Tompkins Financial Corporation HQ, and the $13.77 million 210 Hancock project.

The only other project that exceeded $2 million is the first phase of Chain Works, valued at $8.65 million for phase one, and deep in the throes of review. But for some reason, Chain Works also appears in the 2014 summary of site plan filings, so one of these reports is inaccurate. Chain Works was definitely being discussed in summer 2014, although I’m not sure when the site plan was filed.

Only 95 housing units with 155 bedrooms were approved in 2015, the majority of which were with 210 Hancock (66 units, 89 bedrooms). This is down from 129 units approved in 2014. Only 8 are owner-occupied units – the 7 owner-occupied townhomes with 210 Hancock, and 1 2-bedroom market-rate home. The other projects were the 12-unit 215-221 West Spencer Street, the 6-unit 707 E. Seneca project, 3 duplexes at 804 E. State, and the 5-unit 128 West Falls Street project.

The city pulled in $154,709 from site plan filings, down from $168,214 in 2014.

Rather uncomfortably, several projects – 416 E. State, State Street Triangle, the Herson Wagner funeral home project, a 4-unit apartment building at 525 West Green Street, and 4-story apartments at 815 South Aurora project were all withdrawn from consideration for various reasons, 5 of 16 of the site plans filed. For comparison, only 2 of the 27 filed projects were withdrawn in 2014, the cancelled boutique hotel at 339 Elmira Road, and the student housing project at 7 Ridgewood.

Although there’s less housing and the overall value of site plan filings are down, new commercial square footage is up, mostly due to Tompkins Financial’s new 110,000 SF. The increase was from 22,000 SF of retail and 3,800 SF of office space approved in 2014, to 20,563 SF of retail and 110,000 SF of office space approved in 2015.

On future projects, the city expects about 915 units of housing on the Chain Works site over 10-15 years. During 2016, the board expects that the Old Library site, the Travis Hyde proposal for Ithaca Gun, and phase III of Cornell’s Hughes Hall renovations will come up for review.

 

100_1763

2. Looks like Cornell is starting to do some long-term planning of its housing needs. Over the course of the upcoming Spring semester, the university is expected to engage with students, staff/faculty and the wider community as it starts formulating its housing master plan for the next decade. Look at it as two things – an assessment/checkpoint on how the North and West Campus systems are doing since being completed in the early 2000s and late 2000s, and a gauge for where, when and what form new housing should take.

The nine-month meeting and planning process will be led by NYC-based U3 Advisors, who are also handling implementation of Cornell’s NYC Tech Campus currently under construction. Since 2013, U3 has also a consultant for Cornell’s plans for the long-incubating redevelopment of East Hill Plaza into the new urbanist East Hill Village.

tc3_daycare
3. Over in Dryden, Tompkins-Cortland Community College (TC3) has announced plans for a $5.5 million daycare center. Initial plans call for enough room for 80 children, and would allow the school to provide daycare for infants. Most of the children are expected to be the progeny of students, but staff and faculty would also be welcome to enroll their kids, and even members of the community if there’s still room in the new facility.

Funding to the project will come in a 50-50 split being state dollars and private donations, of which about $2 million has already been secured. A further $1 million campaign is expected to be launched by June.

The project is expected to be located on the west side of the main campus building, on undeveloped land between the classrooms and the pond. Construction is expected to begin in 2017. Approvals would have to be granted by the town of Dryden’s town board. As far as I’m aware, the Voice did not received the press release that the Times and Journal did, and no information is yet available on who the architect is, or the approximate square footage.

maplewood_site_plan_concept

4. For those hoping for something big in the Planning Board meeting next month, well, keep waiting. Kinda. The new items on the agenda have already been covered – the Maplewood Development by Cornell (the northwest corner and two of the 3 to 4 story-apartment buildings fall at least partially into Ithaca city — just draw an imaginary line straight north of Vine Street to get the visual), and the Maguire waterfront proposal. Quick reminder, the general order is: sketch plan, Declaration of Lead Agency, Public Hearing, Declaration of Environmental Significance, BZA if necessary, prelim approval, final approval. Here’s the formal rundown:

I. Agenda Review
II. Special Order of Business – Adequacy Discussion – Chain Works District
III. Privilege of the Floor
IV. Subdivision review

A. Preliminary and final approval for the revision of lot lines permitting Habitat for Humanity’s “Breaking Ground” duplex at 208-210 Third Street

B. Preliminary and final approval for the revision of lots lines at INHS’ 210 Hancock – this would divide the parcel into for-rent and for-sale portions, which is crucial for funding allocation (government funding is earmarked either for rent, or for sale housing, but not both).

V. Site Plan Review

A. Brindley Street Bridge – Declaration of Lead Agency in concurrence with the Board of Public Works
B. Hilton Canopy Hotel – Project Update, Conditions of Site Plan Approval, and Requested Changes
C. Parking spaces for the new duplex at 424 Dryden – Public Hearing, Declaration of Env. Signif, and recommendations to the BZA
D. Cornell Hughes Hall renovations – Declaration of Lead Agency and Public Hearing
E. Cornell Ag Quad renovations – Declaration of Lead Agency and Public Hearing
F. Sketch Plan – Cornell Maplewood Apartments
G. Sketch Plan – Maguire Automotive Project at Carpenter Business Park

20160109_131909

5. In case you missed it this week, the Washington Post wrote about a just-published California state Legislative Analyst Office study that found that communities that welcomed market-rate housing construction tended to have lower displacement of lower-income households than communities that did not add new housing.

A copy of the study can be found here. It might come off as counter-intuitive or too simple of a breakdown of supply and demand, but it appears that wealthier households tend to pursue the newest housing, and as shown with projects like the Lofts @ Six Mile Creek and Seneca Way, brand-new units do command a premium when they first hit the market. As time goes on and newer units come online, those well-off individuals tend to migrate towards the newer housing, while the aging housing moderates in price, making it affordable to downmarket income brackets.

Screen-Shot-2016-02-11-at-10.42.30-AM Screen-Shot-2016-02-11-at-3.13.17-PM Screen-Shot-2016-02-11-at-10.36.01-AM

But, if there’s little new housing added, then the process breaks down. The moderating effect of age is much weaker, and the market encourages displacement as newcomers seek housing from the limited supply available. The California state study notes that inclusionary zoning appears to have only a small impact; even in communities with inclusionary policies in place, a lack of growth of market-rate housing resulted in greater displacement.

Note that none of this advocates for the tearing down of affordable housing, like the Elmira Savings Bank debacle. But it is a strong argument in support of the re-use of underutilized properties, like old industrial buildings, parking lots and so forth, where the cumulative effect of new supply can yield moderation in the market’s increasing costs. If affordable housing isn’t feasible for a site (for instance, the Waterfront with its high development costs), market-rate is not a bad alternative.

Looks like that editorial Jeff Stein wrote back in April holds a lot of weight.