118 College Avenue Construction Update, 9/2018

10 10 2018

The last of Visum‘s projects from the September photos batch is the 5-unit, 28-bedroom 118 College Avenue in Collegetown. The student-focused apartment building is topped out, fully framed, and sheathed. The mechanical penthouse, which STREAM Collaborative designed to emulate an Italianate cupola, appears to be framed but not closed in. The windows and doors have been fitted, and the balconies are partially complete. Some of the face brick can be seen on the first floor, and like the other Visum projects, the wood rails nailed over the ZIP panels will be used for attachment of the fiber cement siding. The original plans has a small top floor setback on the north face, and the projecting bays at the front (east face) were originally bumped out slightly from the side walls, but both of those features were value engineered out. At a glance, not much has changed on the outside since final approval was granted, a good sign that the project has stayed within budget – bravo to STREAM, Romig Construction and Taitem Engineering for helping Visum bring this project to fruition.

As with other inner Collegetown projects, rent will be fairly steep – $1,200 – $1,300 per bedroom per month. Visum’s property management page, Live More Ithaca, has an August 2019 availability, but I suspect this building will be finished in time for the spring semester, given how far along it is. Maybe there are renters already secured for a shorter lease period – it’s hard to imagine the building would be left newly finished but vacant for that long.





210 Linden Avenue Construction Update, 9/2018

6 10 2018

Tying into the 107 South Albany example from earlier this week, 210 Linden is not a finished building, but still certified for occpancy. My impression is that some units are ready for occupancy, but not all. Tenants of The Lux had emailed in to say that it wouldn’t be open until the Spring, and the Craigslist ads tout Spring 2019 leasing. But there are photos advertising units in the building that show the building is occupied; the front facade’s window arrangement is unique among Visum’s buildings, and can be clearly seen in this living room photo. I’m assuming that from the FedEx delivery slip and the “TOUR GUIDE POWER HOUR” are related to the residents.

That noted, if the interior is largely complete, the exterior still needs fiber cement siding on the north and south walls, painting (the charcoal grey is going on now, with light grey presumed for the panels on the top floor), trim/finish work and seeding/landscaping. TYPAR is being used for the housewrap / weather resistant barrier to keep the sheathing from getting damaged by moisture, and wood rails atop the TYPAR are used to attach both the lap siding and the panel siding. the panels look to be another change on the fly, as the original renderings called for lap siding on the top floor as well. Interestingly, the balcony treatment is largely finished and accurate to renders – wood slats on the lower levels, and steel rails on the fourth floor. Not sure if that’s for visual interest, or to accommodate building codes.





The Lux (232-236 Dryden Road) Construction Update, 9/2018

4 10 2018

Just noting that this project is complete and updated in the Ithaca Project Map accordingly. A lot of folks may not be fans of high-end student housing, but at least the design is attractive (kudos to STREAM Collaborative, they’ve got an open house Friday evening if you want a sneak peak at their latest project designs) and it’s 206 wealthy college kids who won’t be driving the price up on existing housing units elsewhere. Interior shots of the common spaces (gym, study room, rooftop deck lounge) can be found here.

Quick aside, the official street addresses are 112 Summit Avenue for The Lux South, and 114 Summit Avenue for The Lux North.

 

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News Tidbits 8/18/18

18 08 2018

1. Here’s the latest update to “The Village at Varna” the Trinitas proposal for the hamlet of Varna. The project had originally started with 224 units and 663 beds, and this latest iteration is down to 219 units and 602 beds. The most notable changes in this new layout are the incorporation of a three-story parking garage to conserve green space, and a larger retail area fronting Dryden Road – there’s nothing in the filing, but at a glance it’s about double the previous size, so from 800 to something around 1600 SF.

With the inclusion of a garage, that frees up more green space – at 55% of the site, it’s now only 4% lower than the requirement (59%, the site is a mix of Varna Hamlet zone types). 541 parking spaces are provided, vs. the 549 required by zoning, and there are some setback variances requested for setbacks from the property line buffers (the buffers themselves are the required 20′ width).

One thing that stands out to me as a potential issue isn’t shape or scale, but unit mix. Of those 219 units, 110 are four-bedroom units. Beyond the argument that four-bedroom units are clearly student oriented (the demand simply isn’t there within the general market), I’m doubtful the demand for 110 four-bedroom units exists outside of Collegetown. Most grad students who take a shine to Varna also opt for smaller spaces, and the undergraduates who fill 4 bedroom+ units generally aren’t interested in living this far out. What modest demand there is for four-bedroom units, is identified and met – projects like 802 Dryden have already incorporated a number of four-bedroom units in their plans. I understand that from a cost per square foot perspective, it’s more efficient to do four-bedroom units (one four-bedroom doesn’t need two kitchens, living rooms and bathrooms like two two-bedroom units would). But it would likely be tougher sell than Trinitas realizes, especially with Cornell planning to expand their campus offerings in the next few years.

To be frank, I’m firmly in the camp that Trinitas could do something good here, but I’m not sure this is it.

2. Let’s just throw another piece of bad news out there – even with the project redesign, PPM Homes cannot make the Ithaca Glass redevelopment work financially. That’s unfortunate not just because of the ten units of infill housing that may not be built, but it and the Wyllie Dry Cleaner redevelopment had received a $500,000 RESTORE NY grant. While that money is untouched, it doesn’t look good to the state that a project that the city vetted and advocated over competing projects has stalled out. To be fair, apparently not even Ed Cope knew of the structural issues at the time of application. The later revision for the Ithaca Glass site removed Wyllie’s from the grant award, and the status of that project isn’t clear. The IURA notes that Cope has talked with INHS about possibly selling them the site so they could go through with the original smaller and modern-looking overbuild, but the issue was that the overbuild wasn’t structurally feasible without a huge investment, and INHS has a lot of coals in the fire at the moment (offhand there’s the Salvation Army site, 209-213 Elm Street, 402 South Cayuga, the Green Street Garage, and Hamilton Square). It’s not looking good at the moment.

3. Speaking of which, quick update on the Salvation Army rebuild and expansion – it’s still in the works between them and INHS, but going slower than first anticipated. The project probably won’t be applying for construction funding this fall, but instead it’s expected to be reviewed by the city, approved and seeking affordable housing funds sometime next year.

 

4. At least the airport expansion project seems to be moving along. According to airport staff, the state has a heavy hand in it, and there have been weekly meetings to source fund to fill the $8 million gap needed to bring the $22 million project forward. Bids have already opened on phase one, the construction of the new main terminal, and the bidding period will close by the end of the month. Phase two, the geothermal power and new concourse, will be bid in early 2019, as will the third phase, the new solar array and U.S. customs facility.

5. Some good news on the affordable housing front, the county is set to disburse joint Cornell-Ithaca-Tompkins Community Housing Development funds funds to help Cornerstone Group’s Milton Meadows proposal move forward in Lansing, eventually totaling $256,875 towards the 72-unit apartment project. Milton Meadows would serve 14 households at up to 50% AMI (area median income, 100% = $59,000/year for a single person), 42 at 60% AMI, and 16 at 80% AMI.

In the next round of funding to be awarded this fall, it looks like the county will award two grants – one to INHS, $140,000 from the CHDF to help pay for two of the four for-sale townhouses at 402 South Cayuga Street (the 80% AMI ones, as the two 100% AMI middle-income units aren’t eligible), and $300,000 to Visum for the twelve units of affordable housing planned at 327 West Seneca Street. The Visum project is conditional since the administrative committee for the funds is awaiting additional details, and the project needs to be approved by the city. Perhaps PPM Homes should reach out for a discussion about whether an application could make its West Seneca project (item #2) work.

6. Developer Scott Morgan’s 16-unit Cayuga Vista Townhomes aren’t in formal review yet, but the land has exchanged hands – $139,500 on the 15th, every penny the sellers wanted. This makes it considerably more likely that the rental project (2 one-bedroom, 12 two-bedroom, 2 three-bedroom) will be coming forward to the town of Lansing planning board over the next few months.

7. For those who dream of owning a B&B, the William Henry Miller Inn is for sale. The building dates from 1878 and served as the private residence of the Osborn family from 1914 to 1996. In 1998, innkeeper Lynette Scofield purchased the property and renovated it into the Inn, which opened the following year. The Inn has enjoyed rave reviews on travel advising websites.

For $1.499 million, you too can be an innkeeper – the sale includes all furnishings, future bookings and  “infinite good will”. It definitely reads as if a very strong preference will be given to those who maintain the inn and its high standards vs. other uses. The inn has nine beds and eleven bathrooms, with an accessory owner’s cottage with one bed and bath. It’s something to fill out your daydreams this weekend.





News Tidbits 8/11/18

11 08 2018

News Tidbits 8/11/18

1. It looks like the Mettler-Toledo facility has a buyer. Ongweoweh Corporation bought the 27,000 SF property at 5 Barr Road in Dryden for $3.24 million on August 3rd. Readers may remember that Mettler-Toledo decided to consolidate the Hi-Speed Dryden plant with a new facility in the Tampa Bay metro, taking 185 jobs with it. Founded in 1978 in Spencer, Ongweoweh Corporation is a Native American-owned pallet management company providing pallet & packaging procurement and design services, recycling services and supply chain optimization programs. The firm had only recently bought its existing 17,577 SF headquarters at 767 Warren Road in Lansing, for $2 million in September 2016 – as Ongweoweh moves to the larger space, it’s putting 767 Warren up for sale for $2.3 million. It’s not clear if this physical expansion will add jobs, and a request for comment was not returned. The company employs a little over 100 people according to a third-party profile, and 58 are based in the Ithaca area.

2. Let’s talk about another business expansion – Emmy’s Organics. The organic cookie producer’s new warehouse and HQ came one step closer to reality this week when the city’s Planning Committee gave its approval to let the full Common Council vote on the sale of 2.601 acres of IURA land to Emmy’s for $242,000. The land is towards the south end of Cherry Street, it’ll be the terminus of the extended Cherry Street, which will be lengthened 400 feet and create two new one-acre lots to sell to business that contribute to the IURA’s goals of job creation for LMI individuals. Examples include drilling tech firm Vector Magnetics, lab electronics manufacturer Precision Filters and the Crossfit Pallas gym. A fourth lot on the west side of the newly extended road would be deeded to the city as a natural buffer between development and the waterfront/Black Diamond Trail.

The initial phase of the $1.25 million development includes 4,000 SF of office/breakroom/entrance area, a 4,500 SF production area, and a 5,500 SF warehouse (14,000 SF total). If growth continues as it has, the plan is to implement a second phase in 2-3 years for a 20,000 SF expansion. The new facility will create at least five new jobs (total staff 24), and the potential expansion would likely add at least another twenty given that phase two called for the parking lot to grow from 22 to 41 spaces.

The rendering of the new HQ above, which is a STREAM Collaborative design, shows both phases. The section in the foreground is phase one, the shed roof structure at back is phase two. The section of parking lot towards the left is a phase two addition as well. No zoning variances are required. Whitham Planning and Design is leading the project through the city review process.

3. Let’s linger on Whitham for a moment. From their website is likely one of the runner-up proposals for the North Campus Residential Expansion over at Cornell. They were partnered with Ann Beha Architects and Baltimore-based Design Collective for a competing design that was ultimately not selected. Cornell interviewed four development teams before going with their final choice, Integreated Acquisition and Development, a firm associated with John Novarr and Phil Proujansky who did the Breazzano in Collegetown. Although owned and operated by Cornell, there is a developer’s fee IAD will earn for developing the NRCE project on behalf of Cornell. That fee varies per project and is usually confidential, but 3-6% is common in commercial builds, and by that yardstick, for a $175 million project IAD stands to make several million dollars.

With nothing more than a site plan, I’d be willing to guess that given the team members, the plan would have been a contemporary design, though perhaps more conservative than ikon.5 – Ann Beha designed the elegant if subdued first phase of the Cornell Law School addition.

4. The Hotel Ithaca is moving forward with the next phase of plans for its South Cayuga Street property. The next project is to tear down the vacated south wing, a 2-story structure built in the 1970s, and replace it with a surface parking lot. At a glance, this is not at all a welcome proposal for a downtown street corner. However, it comes with some promise of a hotel addition down the line. A development pad will be created for a “future market-driven addition”, meaning that if business grows and they decide to expand the hotel, they’ll have a level, stable, shovel-ready site. Until then, it’s seventeen fewer parking spaces the hotel will need in the Cayuga Street parking garage. The $550,000 project would be carried out from August to November, and NH Architecture is handling the landscaping, refinishing of the tower wall and overall application on behalf of owner Hart Hotels.

5. Visum’s not wasting any time on its affordable housing proposal for 327 West Seneca Street. The three-story, 12-unit building is planned for an October start and an April 2019 finish, and will be going before the planning board this month Declaration of Lead Agency and review of Parts 2 and 3 of the Environmental Assessment Form.

The project is an interesting little case study of how maximum height isn’t necessarily optimal. The zoning allows four floors; they want to serve 70-80% area median income, which requires 18 bedrooms for economic feasibility at this site. But to have four floors, the materials need to be fire-rated, and the units would need either emergency exit stairs, or an elevator. Since it’s a small building lot, an elevator would eat into the square footage of units, about a bedroom per floor, so there’s no net gain in rentable space with a fourth floor, but there would be an increased project cost. One could save costs by putting in the stairs vs. the elevator, but the fourth floor units would be harder to fill because they would pose greater access difficulties – ask around and see how many people want to walk up four flights everyday. This is actually one of the major reasons why the Village Solars in Lansing are also three floors, the expense of elevators would have driven their budget higher than the mid-market segment Lifestyle Properties wanted to serve.

Net-zero energy use is being explored (electric heat pumps powered by off-site renewables), and yard and setback variances are being sought after the city seemed receptive to a variant sketch plan with a few more square feet in the units for the sake of livability. STREAM penned a traditional design fitting with the block, and the revisions added a few more windows into the sides of the structure.

Also in the projects memo for this month are final approval for Benderson’s 3,200 SF addition at 744 South Meadow Street and the Declaration of Lead Agency for Cornell’s new north campus dorms. The Benderson project’s landscaping plan was modified slightly, and a new rear exit door and front awning are being considered.

6. Out in the towns there’s not much going on next week. A special meeting of the Town of Ithaca’s Planning Board will decide whether or not to defer to the city as lead agency in the environmental review of Cornell’s north campus expansion. The town of Lansing will be holding public hearings for a one-lot subdivision and a four-lot subdivision for single-family homes.

7. The Lansing Village Cottages plan has its work cut out for it. The design has been tweaked such that the first two home clusters were combined, and the road connecting to Craft Road was realigned. The Millcroft Way connection will have a vegetative buffer and the road would be for emergency vehicle only. However, Millcroft Way residents are still seething – they have $500,000-$700,000, 2,500 SF+ homes locked under a covenant, while the same person who sold their lots is now selling to a developer planning 800-1200 SF cottages. Concerns include traffic, home values, density, and too many senior housing developments, which is a bit of an odd one. Logan’s Run isn’t just a street in Dryden.

The village is pretty hesitant to support this – the Board of Trustees sent the proposal back over to the Planning Board, hoping that they could make some recommendation as to whether it meets the goals of the village. On the one hand, that would seem an easy yes at a glance, it’s senior housing close to urban areas in an affordable price range. However, after shelling out close to $50,000 for lawyers to fight Lisa Bonniwell over her lawsuit to stop the East Pointe Apartments, money that won’t be paid back (perhaps indirectly in property taxes in a few years), the village is afraid of another Article 78 lawsuit, and the residents of Millcroft are very deep-pocketed and willing to go to court. This is vaguely reminiscent of a study that shows wealthier areas are much more adept at stopping density and new housing in general because they have more leverage – one of those being that a fear of costly litigation is a strong municipal deterrent.

8. We’ll end on a positive note – after eight years of back and forth, it appears site prep has begun on the 20 senior housing units planned as part of the Lansing Meadows project. Since developer Eric Goetzmann had until July 31st or else face significant legal action (Goetzmann applied for and received a tax abatement for the BJ’s that was contingent on the housing, and it was at risk of being clawed back), I had dropped by August 3rd. After looking around, it did not seem to be under construction; a bit of upturned dirt and a bulldozer on site. The village decided it was, if barely, according to the Lansing Star:

Yes, he scratched the earth. Yes, he does have the soil fencing in,” {Village Code Enforcement Officer Adam} Robbs said. “He has hired a dedicated contractor at this time to do the site work. He has a culvert permit and approval to install a temporary culvert for construction use. I do have a preliminary set of plans. I am hesitant to say he has begun a significant amount of work… but he has begun work.”

>We’ll see if it merits an update in October.





118 College Avenue Construction Update, 7/2018

16 07 2018

The last of Visum’s trio of Collegetown projects underway is the 5-unit, 28-bedroom building at 118 College Avenue. Officially, one other Visum project has city approvals and is permitted to start construction, a close fraternal twin to 118 College just a few houses up at 126 College Avenue. However, the existing house is rented out for the academic year, so any build-out there (and Visum seems to have deep enough pockets to eventually do it, all things considered) will not begin until June 2019 at the earliest.

As with 210 Linden, Romig General Contractors is in charge of the buildout, and Taitem Engineering is doing the structural engineering – as with Visum’s other projects designed by STREAM Collaborative, the building is built to be net-zero energy capable. Using electric heating and appliances, energy efficient fixtures, low-E windows, double-stud exterior walls and high grade insulation creates a very high degree of energy efficiency that they hope to tie into an off-site solar array, offsetting the carbon footprint of the building and its use.

118 College still has another floor to go before it’s topped out, and the mechanicals will be hidden inside the historically-inspired “Italianate cupola” penthouse. Water and sewer service was installed this past week. I’m uncertain this one will be ready in time for returning Cornell students late next month, though it’s not impossible given that it’s a relatively small wood-frame structure. So far, with the rough window openings I’m seeing one substantial difference from the renders – the windows on the wings of the front facade are smaller than originally planned.





210 Linden Avenue Construction Update 7/2018

13 07 2018

Time to take a look at Visum’s smaller Collegetown projects. 210 Linden is the largest and furthest along; the city allowed them to hook up to water and sewer service this week.

Note there are some clear differences between what was originally approved, and what’s being built. The fenestration is a different layout – the top floor windows originally did not line up with the window arrangement of the other floors. Secondly, the floor-to-ceiling multi-pane treatment on the top floor’s front (east) facade has been eliminated, given a similar if slightly glassier treatment as the other three floors, which had a balcony window reduced in size. The most likely guess is value engineering – save cost, save time, especially the latter since the building needs to be open by mid-August.

The overall shape remains the same, but with these changes it’s a bit of a question mark as to the appearance of the final materials – it’s probably the same as approved, since the vertical wood rails over the sheathing indicate the LP SmartSide fiber cement lap siding is coming at some point. The sheathing is a mix of Huber plywood zip panels with its specialized tape system, and TYPAR housewrap over plywood panels courtesy of North Main Lumber, a regional lumber sales chain. Romig General Contractor is doing the build-out, and their work with Visum is arguably the first multi-family project they’ve tackled in the Ithaca area.

Although 210 Linden is too small to host much in the way of amenities (it has a garbage collection room and bike room in the basement), its 37 residents will have full access to the amenities offered in The Lux just up the street. Connecting the dots, those were probably quartz countertops in the Lux update; seems plausible the same high-end fixtures, cabinetry and appliances would be used in both.

The background info/intro to 210 Linden can be found here.