News Tidbits 6/30/19

30 06 2019

 

1. We’ll start off at the waterfront. A rundown single-family home and an antique store / former printshop at 313-317 Taughannock Boulevard sold on the 28th to an LLC at the same address as the City Harbor development site. The development team, which includes Lambrou Real Estate, Morse Constriction, Edger Enterprises, and businesswoman Elizabeth Classen, has been active beyond the boundaries of their Pier Road project. They intend to buy The Space at GreenStar when GreenStar is moving in to their new flagship up the road at the end of the year, and now there’s this purchase to consider.

Zoning (Waterfront “Newman District”) allows for up to five floors and 100% lot coverage with no parking required, but like the 323 Taughannock townhouse project a couple doors down, it’s difficult to build that high along Inlet Island’s waterfront because the soils are waterlogged, and the costs for a deep pile foundation typically outweigh the benefits of going up to five floors. The need for an elevator above three floors is another potential inhibiting factor for a small site like this. The rumor mill says that it was one of the partners that purchased the property, and that there is a small redevelopment planned, so keep an eye out for further news in the coming months.

2. Meanwhile, just a few blocks away, a potential prime opportunity just came onto the real estate market. 720-728 West Court Street is Wink’s Body Shop and Collision Center, and Wink’s Hobbies. Previously a storage and equipment facility for Verizon and the Hearth & Home wood stove and fireplace store, the Winklebacks moved their shop there about a decade ago and have expanded to fill out both buildings in the years since. They purchased the property for $1.7 million in 2014, and the current assessment has them at $1,387,500.

As of now, the asking price is $4.5 million. That high asking price is essentially an expectation of redevelopment, and to be fair, the site comes with a lot of potential. The zoning here is WEDZ-1a, 5 stories maximum, no parking requirement and 90% lot coverage. In terms of gross square footage, someone could build out about 215,000 square feet, though any practical proposal would likely be substantially less. If there’s a deep-pocketed developer who wants to get in on the West End with a large footprint and a lower amount of pushback compared to some other locations, this is a good prospect. David Huckle of Pyramid Brokerage is handling the listing.

Side note, the yellow shaded area above is not developable – it’s city-owned with an easement conveyed to allow non-structural uses, like parking or green space, unless they decide to expand Route 13.

3. While not totally unexpected, Jeff Rimland’s 182-unit, 180-space redevelopment proposal for the eastern third of the Green Street Garage was unsolicited. The IURA’s Economic Development Committee did consent to Rimland’s request to being the preferred developer for the site, but before anyone starts typing up those scathing emails, there’s a crucial difference between this portion of the site, and the western and central sections that filled up so many headlines last year and led to the Vecino Group’s Asteri Ithaca project.

There is ground floor commercial space under the garage on the ground level of the eastern section. Rimland owns the ground floor, part of his purchase of the former Rothschild’s back in 2003, and he also has a 30% stake in the Hotel Ithaca (the remainder being Urgo Hotels). Basically, no one else would be able to do anything with that site without his permission. Meanwhile, because the garage above the commercial space is public, the air above the garage is public, so he has to seek an easement from the city for any skyward projects. So while he could stop any other projects, the city has its own hand of cards to try and get what they want out of his project, like an affordable housing component or other desired features. By the way, and this detail is for reader Tom Morgan – the height will be 126′ 8 1/4″. A bit less than Harold’s Square, but a few feet more than Seneca Place.

4. The latest Asteri submission still consists of rather vague watercolor renders, but it show some substantial design differences from the original submission. Among the changes include design revisions to the conference center space, the addition of a stairwell, a setback at the northwest corner, and different window patterns.

As part of the revisions, Vecino actually pitched three different ideas to the city – an eight-story, 173-unit apartment building with a 9,000 SF grocery store; a 12-story, 273-unit apartment building with a 9,000 SF grocery store; and an eleven-story, 218-unit building with the two-story, 45,000 SF conference center space, including a 12,000 SF ballroom. All host 350 parking spaces. The IURA made it clear its preference is for the conference center option.

Construction looks like it would be from June 2021 – July 2023; and Cinemapolis would have to temporarily relocate during the demolition phase, June 2021 – January 2022. A number of units would be set aside for those with developmental disabilities, with support services provided by Springbrook Development Disability Services.

5. Visum seems fairly confident it will soon earn city approval for its 49-unit, 141-bed rental project at 815 South Aurora Street. To quote the Facebook post: “815 South Aurora St is coming along! Hopefully should have final site plan approval and be breaking ground in August!” The project is slated for a Fall (really late August, since that’s the start of academic fall) 2020 opening.

At the planning board meeting last week, the board voted 6-1 (Jack Elliott opposed) to final approval for Cornell’s 2,000 bed North Campus Residential Expansion, and that will be rapidly getting underway over the next few weeks. Vecino’s Arthaus project was pulled at the last minute because the results of the air quality study weren’t ready in time. According to Edwin Viera at the Times, the board reacted favorably to the Visions Federal Credit Union branch / amphitheater proposal at 410 Elmira Road, and declared itself lead agency for environmental review.

Some design tweaks (larger and better integrated townhouse porches) were suggested for the Immaculate Conception School redevelopment project, and like the council and community group did before them, the board asked the Carpenter Park team to explore integrating affordable units throughout the site rather than having them all in one building. That last one is always going to be tough, because state-administered affordable housing grants like those that the Carpenter developers are pursuing don’t allow affordable units to be spread out among the market rate out of concern the market-rate section goes bankrupt; you could put them in the same building as market-rate, but they would have to be one contiguous entity within the building, as with Visum’s Green Street proposal.

6. Surprise surprise. According to Dan Veaner at the Lansing Star, the Lansing village planning board voted to name the latest Lansing Meadows revisions a “minor change” after the developer submitted revisions calling for 12 units in four triplexes by July 31, 2020, and another two triplexes by December 31, 2020, for a total of 18 units, two less than the 20 initially approved. All infrastructure (water, sewer, one-way road) would be completed in the initial phase, and having those 12 units completed will satisfy the TCIDA’s agreement for the tax abatement awarded to the project back in 2011. The vote will allow the code enforcement office to issue the building permits necessary to get underway next week.

 





327 West Seneca Street Construction Update, 6/2019

23 06 2019

This project combines a pair of things that are up and coming. One is development along the State Street Corridor, the other is Visum Development Group.

Visum (Vih-SUM) is the startup firm launched by local businessman Todd Fox. Fox doesn’t really fit the normal profile of Ithaca real estate landlords. Most are older, more formal in attire and appearance, and reluctant to engage with news media and the public – “everyone’s been burned over at least once,” one 70-something year old developer once told me. Fox, on the other hand, is a different culture. He’s in his mid 30s, eschews the suit and tie for buttondowns and casual shoes, and sports what I suspect is a half sleeve tattoo on his left arm. One of Ithaca’s few millennial developers, he’s also more inclined to speak out than most – that doesn’t always make for the best headline for him, but it makes my job for the Voice easier.

However, even though Fox is a different vibe, there’s no doubting he’s good at what he does. Visum is one of the fastest growing firms in Upstate New York. 501st nationwide in 2018, and 610th this year, according to Inc., with a three-year growth of 820%. The small if growing firm got its start in 2015 as a spin off of Modern Living Rentals, which was led by Fox with developer Charlie O’Connor. But Fox and O’Connor have different approaches to development, so they pursued their own interests, O’Connor as MLR, and Fox as Visum. Since that time, Visum has developed tens of millions of dollars’ worth in property, and has tens of millions more in the development pipeline. Projects include 201 College Avenue, the Lux (232-236 Dryden Road), 210 Linden Avenue, 118 College Avenue, 707 East Seneca Street, and several smaller projects. More recently, the company is pursuing projects beyond Ithaca – a residential conversion project in Downtown Elmira, a 75-unit building in Boise, and recent signals that they’re scouting locations for a project in Raleigh.

Generally speaking, most of its projects have been geared towards students, and from a purely business standpoint that makes sense. Students are a lucrative, stable market in Ithaca – as long as your location is good, you’ve got a safe real estate investment. But with Cornell’s Maplewood and North Campus Residential Expansion, most local developers are shying away from the student market. Some are sitting on their earnings and just hoping to roll with the punches, others are pursuing new opportunities. Travis Hyde Properties is planning new senior housing, Lambrou Real Estate is pursuing a waterfront project, and Visum, the low-moderate income (LMI) affordable/workforce housing bracket.

That’s pretty unusual for a for-profit entity. Frankly, the complicated process to assemble financing to build LMI housing is exhausting and often uncertain, so most avoid it. About the only other ones I can think of with a local presence are Cornerstone Group and Vecino Group, both much larger firms than Visum.

Visum is serious about it, though. 327 West Seneca would be their first affordable LMI project (at least two more are planned, though the city appears to be actively trying to kill one of them). As planned, it’s smaller-scale urban infill (yes Historic Ithaca, I’m aware you don’t like me calling any project that involves a demolition/deconstruction “infill”). A humdrum two-story, three-unit apartment house replaced with a three-story, 12-unit apartment building totaling 7,845 SF, with six studios (442 SF) and six two-bedroom units (708-744 SF), to be priced in the 70-80% area median income (AMI) bracket, so around $1,200/month for the two-bedroom units and $900/month for studios.  Zoning on the site is B-2d, which allows 4-story buildings with 75% lot coverage, and no vehicle parking requirement for all-residential structures like this one. It will have a bicycle rack. While a 4-story building was allowed, they would have needed a second set of fire stairs per state fire code, which made the extra floor cost-prohibitive. The target market is one-person and two-person working-class households.

Yard setback variances were required, and early on two versions of the building were presented, one with smaller units and no need for setbacks, and the larger version, which has marginally larger units but in need of variances. The Planning Board let the project team know early on that they encouraged the larger workforce housing units and would support variances, which is a strong voice of support to the Board of Zoning Appeals, and though self-created, the BZA accepted the Planning Board’s advice and granted the variances.

As with many Visum Projects, STREAM Collaborative is the architect (the filing docs suggest architect Jacob Marnell‘s work). The relatively simple design is intended to quietly fit in with the apartment houses that neighbor it on either side. The new structure would be finished in Dryvit synthetic stucco (color Benjamin Moore “Sunny Days”) and fiber cement clapboard and batten board (color Benjamin Moore “Indian River”). Certainteed 3-tab asphalt shingles (Timber color) will be used on the gable roof, Anderson 100 and 400 Series windows with off-white trim, black steel canopies and unpainted larch wood screening will also be used. Keeping with the warm colors, the doors will be painted BM “Jupiter Glow”. Main entries are on the sides, but one apartment is accessed via the front entrance. Heating is electric baseboard, but I don’t see anything about heat pumps in the planning docs.

The project was first proposed in June 2018, and approved in November. By Ithaca standards, the process was fairly quick and painless; there was practically no opposition to the proposal, and the design remained pretty much the same from start to finish, with the exception of some window treatments and finishes (gutters). The SIte Plan Review document suggests a six-month buildout, though I dunno if that includes the demolition; either way, a completion by the end of this year is likely, given that it’s a concrete slab and wood-framed buildings like this tend to go up quickly.

Construction costs are estimated at $1,275,330. At least $200,000 of that is covered with a joint city-county-Cornell Community Housing Development Fund (CHDF) grant – as they split it up, $170,000 from Cornell, $30,000 from Ithaca, though to be clear, the project is not Cornell-affiliated in any way. Developer equity and bank financing will cover the rest. As one city official told me with 510 West State Street, the city is nervous about its ability to lock in affordability from for-profit developers; but given that Visum plans to pursue a CHDF there as well, the threat of a costly clawback of funds plus legal costs is a pretty strong deterrent to that kind of behavior. By pursuing housing a notch above the usual 50-60% area median income sought with affordable housing, Visum doesn’t need as many grants to make a project work, and their ample developer equity (i.e. existing cash on-hand) makes affordable lower-middle income projects like this appealing for lenders and their construction loans.

Demolition permits were granted in late May. The existing house has been cleared and the site is graded. Keep an eye out for footer excavation and foundation pours in the coming weeks.

May 18th, 2019

June 14th, 2019

 

 

 





News Tidbits 5/11/19

12 05 2019

1. The proposed revision (downzoning) along West State / MLK Jr. Street is moving forward with circulation (review by city departments and associated stakeholders), with a couple of major revisions. The zoning would not be CBD-60. It would be CBD-52 for structures with less than 20% affordable housing, and CBD-62 for structures with 20% or more affordable housing. The quirk in the height is due to mandatory floor heights, which will be 12 feet for the first floor, and 10 feet for each floor above – in other words, five floors for projects with a lack of affordable units (=< 80% area median income), six otherwise.

For 510 West State Street, in which all 76 or 77 units are affordable (my unit count is 76, but they typed 77 in a couple sport of the Site Plan Review), the project would remain largely intact. The new setback requirement would push the fifth and maybe a very small portion of the sixth floor back from West State/MLK Jr. Street for the mandatory fifteen feet, so a little square footage would be lost there. The city had initially sought thirty foot setbacks, but the Ithaca Fire Department said that it would not be reachable by their trucks if the fifth floor was that far away from the street face.

Now, some more astute readers might be wondering is this affects Visum’s other West End project at 109 North Corn Street. The answer is no. The setback rule only affects buildings fronting West State / MLK Jr. Street. The downzoning is intended to protect an aesthetically pleasing segment of West State more than anything else. The setback does technically apply to West Seneca Street, but the building height there is 40 feet anyway, which is the same as the setback.

The affected blocks now also include the 300 and 400 Blocks of West State Street. The only publicly known project that would be impacted is INHS’s Salvation Army redevelopment, which was only aiming for five floors on the West State Street side anyway, but could potentially be impacted by the setback rule – the project design is still in the concept stages with no public images.

A speaker during public comment asked to extend the zoning further to Downtown, and some councilors have discussed further downzoning because “the developers can just pursue a PUD”. That thought process ignores the drawbacks. The more areas impacted and the more stringent zoning becomes, the more labor and time intensive it becomes for city staff because it would likely trigger more PUDs, even while resulting in less development in general because a PUD adds months to a project timeline, uncertainty that lenders don’t like, and forces the Common Council to take on the role of a second Planning Board (which some councilors might be fine with, but some definitely would not and raised this as a complaint during the vote on whether to create the PUD overlay to begin with). Also, if the downzoning were to be applied to a property against the owner’s wishes, say the County Annex property for example, it would likely trigger a costly lawsuit. TL;DR, it looks tempting for additional “community benefits”, but could have significant negative impacts and should be used sparingly.

2. Staying in the realm of laws for a moment, there’s an ordinance that should be made aware to residents of Northside and Fall Creek. A proposal from 1st Ward councilor Cynthia Brock would require every rental agreement and every home sales transaction within 1200 feet of the Ithaca Area Wastewater Treatment Facility’s boundaries to provide documentation of the potential issues and hazards of living near the plant – “you should be prepared to accept such inconveniences and discomfort as a normal and necessary aspect of living and operating in proximity to a waste water treatment facility,” as the document states.

The document isn’t ill-intentioned, but this does impact over a hundred existing Northside and Fall Creek homes and apartments, and quite reasonably would have a negative financial impact on them, whether they plan to sell or if they rent out space. There is nothing on record that these residents have been notified of this proposal. City staff don’t even seem comfortable with the proposal as-is, they don’t think Fall Creek residents are substantially impacted and suggested a cutoff at Route 13, but the 1200 square foot radius seems to be the version being considered right now, paying a trip to city attorneys to see if it’s legal to apply it to all rentals, a detail added at the meeting. Honestly, this doesn’t seem well thought out at this time, and poses a burden to existing homeowners who have not been made aware because of the lack of sufficient outreach.

3. Arthaus and Library Place have had their tax abatement requests approved, on 7-0 and 6-1 votes. The former will bring 124 affordable housing units including special needs housing and artist-centric amenities to the city of Ithaca at 130 Cherry Street. The latter will provide 66 senior housing units on the former Library property on the 300 Block of North Cayuga Street. Arthaus is expected to start construction at the end of the year, while Library Place will resume this month, with completions in 2021 and 2020 respectively.

County legislator Leslyn McBean-Clairborne voted against the Library Place proposal, citing some of the concerns raise over the lack of affordable housing (three units will now be 80% area median income) and general discontent with the site. In my intro post to the project, I mentioned if vaguely that there was a legislator who thought the affordable housing, condominiums, and Travis Hyde projects were all terrible – that was McBean-Clairborne, who has generally favored county offices on the site instead of housing. The county did a study to consider renovating the old library for offices back in 2011, a couple years before the RFP, but the study found it was financially prohibitive because of the building’s unusual interior layout (that soaring 1960s atrium wasn’t a good use of space, and wouldn’t have been cheap to replace).

4. Carpenter Park is also moving forward, in this case with the pursuit of its special PUD zoning. The project is seeking the PUD because of some quirks in yard setbacks, and soil tests showing that they couldn’t place some of the parking underground as initially planned (so now it’s in an above ground garage between the ground-floor retail and the apartments in Buildings B and C). The project would bring about 411,600 SF of new space, including 208 apartments (42 affordable) and an expansion of Cayuga Medical Center’s medical offices, resulting in the creation of 150 jobs. The vote was 4-1, with councilor Brock opposed. The full council will vote on the PUD next month, and then the project can go to the planning board for design review. Keep in mind that the above designs might change somewhat, though the general scale and program mix should stay the same.

5. The Tompkins County Airport has received a $9,999,990 grant, as announced by U.S. Senator Chuck Schumer at a press conference earlier this week. The county was strongly hoping these funds would come through. With the state grant, it means the county is only paying about $260,000 of the $24.5 million bill. Click the link here to learn more about the airport expansion project.

6. The Gun Hill Residences appear to be in the process of selling. A real estate trade magazine notes Southeastern U.S. regional bank SunTrust is giving the buyer a $13.3 million acquisition loan for DMG Investments LLC. DMG Investments is an American subsidiary of a Chinese development firm, DoThink Group of Hangzhou. The company has been active in upstate recently. DMG co-owns a new 322-bed student housing apartment in Albany and has projects scattered across the country. The full sales price has not been discolosed, as the deed has yet to be filed. It was noted that the ca. 1989, 94-unit, 273-bed Gun Hill Residences on Lake Street was nearly completely full at the time of closing (late spring, which is reasonable given a couple of kids might have washed out of Cornell or otherwise moved out). The property was previously owned by Rochester’s Morgan Communities, which was raided by the FBI last year. Morgan purchased the property in February 2011 for $6.15 million, and the current county assessment for Gun Hill is $12.65 million.

OLD render

NEW render

7. Some modest revisions to the Immaculate Conception School plans. Old render first, new render second. The design of the renovated school building has changed substantially, though the overall size has remained consistent. The changes could be due to any number of reasons, from cost concerns to utilities placements necessitating design changes. The single-family homes have been replaced with a four-string of townhomes, and the yellow string has been earmarked for for-sale units.

If I may – make one of the olive green townhome strings red or orange like the houses that have been removed. Keeps it from being so “matchy-matchy”, to borrow a JoAnn Cornish term. More renders can be found on INHS’s sparkling new website here.

On that note, on Monday May 13th the City of Ithaca will hold a Public Information Session for the proposed PUD (Planned Unit Development) for the Immaculate Conception School redevelopment. The Public Information Session will begin at 4:00 PM, in the Common Council Chambers in City Hall. In accordance with the requirements of the PUD, the developer and project team will present information about the project and answer questions from the public.

8. Looking at agendas:

The city Project Review Meeting (the run up to Planning Board meetings) will look at signage changes for the new Hilton Canopy on Seneca Way, a Presentation and potential Declaration of Lead Agency for 510 West State Street (now 50-70% area median income, initially it was 80-90% AMI), The 141-bed, 49 unit Overlook student housing at 815 South Aurora (updated, and review of Full Environmental Assessment Forms Part 2 and 3), final site plan approval for Arthaus and consideration of preliminary site plan approval for the Chain Works District (the focus right now is the renovations for phase one, office space, industrial space and 60 apartments). Apparently, the “Ezra” restaurant at the Hilton is now being called “The Strand Cafe”, after the theater that once stood on the site. More information can be found in the May project memo here.

The town of Ithaca will continue its review of Chain Works as well. Their portion of phase one involves the renovation of two manufacturing spaces into industrial and warehouse space (i.e. minimal work, just a sprucing up of the digs). Also your casual reminder that, unlike Dryden, Lansing or really any other sizable community in Tompkins County, the town permitted the construction of not a single new housing unit – again – last month. It looks the next stage of Artist Alley ($150,000 buildout) and Cayuga Med’s radiation vault ($2 million cost) were permitted.

It appears that the Beer family is heading back for another visit to the village of Lansing Planning Board regarding their until-now cancelled senior cottages project. The only thing known at the moment about this latest iteration is that it would fit the village’s cluster zoning, which means 97 units or less, but not in the same configuration as before (the pocket neighborhood-style homes were too close for code). We’ll see what happens.

Nothing much to note in Lansing town. Review of the Osmica event venue and B&B will continue, as will consideration of the Lake Forest Circle subdivision renewal and the 12,000 SF commercial building proposed for North Triphammer Road just north of Franklyn Drive.

– Courtesy of the village of Trumansburg, we have a new working title for 46 South Street, formerly Hamilton Square – now it’s “Crescent Way”. PApar krief, including revised EAFs, supplements and BZA findings here. The final version has some site plan changes on the location of some townhouse string types, but the overall unit count remains the same at 73 units (17 market rate for-sale, 10 affordable for-sale, 46 affordable rentals). Approval is on the horizon, a little more than two years to the date of when the project was first introduced. The project will be built in phases, with completion not expected until 2023.

 





News Tidbits 3/30/19

31 03 2019

original renders

revised renders

1. Let’s start off with an update from the city of Ithaca Planning Board. As reported by the Times’ Edwin Viera, The board was not happy about the proposed changes to the GreenStar project, which were summarized in a previous blog post here. The revised site layout and materials were approved, but the board was unhappy about the loss of windows on the northeast faced and asked for an alternative if windows were no longer feasible, either graphic art or a GreenStar insignia to provide visual interest. The project will be back before the board next month.

Apparently, it was the month to express discontent, as issues were also raised with the City Centre signage and design components of the Vecino Arthaus project, which did away with the grime graphics and went with a marginally better blocky red facade, but I will henceforth call “architectural chicken pox”. Some concerns were also raised with ADA compliance, and the board asked for windows in the stairwells to encourage their use. The environmental review was okayed, and the project will be heading for preliminary approval next month.

The planning board granted preliminary approval to Cornell’s North Campus Residential Expansion, but the project also needs approvals from the town of Ithaca (to be discussed next Tuesday) and the village of Cayuga Heights. The goal is to start construction on the 2,000+ bed project by this summer. The Chainworks District’s final generic environmental impact statement (FGEIS) was also accepted on a unanimous vote – it’s not approval of the 1.71 million SF mixed-use project, but it’s a big step in that direction. The summarized 127-page report is here, and the city report establishing its findings and review of proposed mitigations is here.

This didn’t come up much before, and that’s probably a good thing because it was rather drab, but 402 South Cayuga Street was revised with a larger window on the three bedroom unit (at far left) and some more vibrant colors. However, to stay within budget (something that defeated INHS once before and Habitat for Humanity as well), the project asked to stick with vinyl, to which the board okayed. Expect this 4-unit for-sale low-to-moderate income townhouse project to begin construction later this year, with completion before the year is out.

2. It was a bit surprising to see how far ahead Cardamone Homes has their Woodland Park project planned out. Quick refresher, this is a 65ish unit residential development off of Warren Road in the town of Lansing; the original plan from the early part of the decade was for about 80 units, but it was reduced after initial approvals. The “-ish” part comes from the 25 single-family home lots, since at least one buyer chose to merge with its neighbor. The other part of the development consists of 40 townhomes, and as ecerything Cardamone does, these are high-end “McMansion” style products. A 2,800-4,000 SF Frank Betz-styled home typically goes in the $550k-750k range with a few customized models even higher than that. The 2,500 SF townhouses are priced in the low to mid 400s. This is arguably the only gated community in Tompkins County.

The project began construction around 2014, and it looks like they’re expecting construction to continue through 2026. It looks like 2019 will see four new townhomes (including the two above, 6 and 8 Woodland Way in a photo from last month), and two or three single-family homes along Oakwood Drive. IT’s a bit of a guessing game on the homes because they use “to be developed” (most), “to be built” (2) and “to be constructed” (1). The site also shows three for sale, but it’s dated, as one of those was sold in January. McMansions may not be fashionable as they were fifteen years ago, Woodland Park still sells at a steady enough clip to keep the project moving along. The long story short for Woodland Park is that construction will be continuing at its slow but steady pace for quite some time yet.

3. Just a little something here from the Town of Ithaca Planning Board – the town of Ithaca is looking to build a modest expansion to its Public Works facility. The Public Works department at 106 Seven Mile Drive handles snow removal, paving, yard waste collection, vegetation control, storm water management, and parks/trails/water/sanitary sewer/road maintenance services. The department has been growing in recent years and needs additional space. A feasibility study was commissioned last June, and a plan is now moving forward.

Overall, it’s not a large addition to the 19,400 SF building; 1,425 SF of office space, six parking spaces and minor landscaping and grading. The project is a small institutional addition, and per state guidelines, it will likely not be going through an in-depth environmental review. The addition is a bit unusual in that it’s essentially a bumpout of the existing space, one that creates a completely new face for the public entrance and offices. Expect an unassuming one-story addition with aluminum windows and metal exterior panels. The addition will be designed by HOLT Architects with several engineering and landscaping partners (the usual retinue of T. G. Miller (Civil Engineering), Elwyn Palmer (Structural Engineering), TWMLA Landscape Architects, and a mechanical/electrical engineering firm, Sack Associates). It’s the same group of firms that did the study last year.

4. Quick note to point out that 327 West Seneca Street is nor long for this world, if the plastic and plywood are any indication. They’re indicative of asbestos removal prior to demolition – seal a build up, take the asbestos out, take the building down. Visum Development Group is planning a 12-unit “workforce housing” moderate-income apartment building on the site.

Speaking of Visum, Ithaca’s prolific developer has been scouting new markets for a while, and landed in Boise, Idaho for their next project, “The Vanguard”, an eight-story, 75-unit apartment building in Boise’s downtown. According to local reports, most development projects finish municipal review in two months, something that is flat out impossible for a project of substantial size in Tompkins County. Interestingly, it comes with no parking, and instead hosts bike racks for 75 bikes. Don’t take this to mean that Visum’s no longer interested in Ithaca, however; there have at several projects in the works, including condominiums in Ithaca town, 201-207 North Aurora, 815 South Aurora, 413-15 West Seneca and the State/Corn Street trio.

//www.instagram.com/embed.js

5. Dunno if Instagram embeds are going to work here, but click STREAM Collaborative’s post just above if it doesn’t show up. The modular pieces for 323 Taughannock have begun arriving on site and are being assembled. The units were built by Benson Wood Products and are being put together but a local firm, D Squared (the Dakes) of Lansing.





News Tidbits 1/19/2019

20 01 2019

Now, let’s take a look at some notable property sales over the past few weeks. To make this easy, most sales documented in this post will use a standardized format for each entry.

1. What sold and for how much? 8 and 28 Newfield Depot Road, the parcel IDs for the 188-unit Valley Manor Mobile Home Park in Newfield, for $2,300,000 on 12/19/2018.

Who was the seller? Jim Ray Homes, a local manufactured and mobile home dealer, and mobile home park operator.

Who was the buyer? Cook Properties of Rochester, a mobile home management firm with properties across upstate New York.

Anything else? Not especially. The sale was just short of the tax assessed value ($2.3 million vs. $2.369 million), and while it’s a change of ownershipp, it’s also likely a maintenance of the status quo. Still, it’s a high-dollar sale worth noting. The assessment for mobile homes and manufactured homes is a bit funky, and I think the owners only own the lots, which likely contributes to the low price per unit.

2. What sold and for how much? 232 South Geneva Street for $533,000 on 12/20/2018, and 311-13 Farm Street in Fall Creek for $700,000 on 12/20/2018. 232 South Geneva is a 5-unit apartment building in the Henry St. John neighborhood; it sold for $302k in 2013, and $200k in 2008. 311-13 Farm Street is a 3-unit apartment building that sold for $505k in 2009. It includes 15 rentable bedrooms, and a portion that was set aside as an AirBnB by the previous owners, who had it on the market for $750k (assessment $610k). Both are small multi-family examples of the rapid price appreciation Tompkins County has been seeing in walkable urban areas.

Who was the seller? Jeremy Dietz for 232 South Geneva, and S&Y Investments, a California-based LLC (sales docs indicate the owners are John Scarpulla and Allyson Yarbrough) for 311-13 Farm Street.

Who was the buyer? An LLC associated with local landlord and developer Charlie O’Connor, owner of Modern Living Rentals.

Anything else? Don’t expect teardowns here. Generally speaking, that’s not MLR’s approach to Ithaca’s inner neighborhoods. Do expect them to stay rentals, probably with a renovation in the near future (see: 1002 North Cayuga Street and 202-04 East Marshall Street). O’Connor is flush with cash after his multi-million sale of the under-construction 802 Dryden Road to a Pittsburgh-based real estate investor last fall.

3. What sold and for how much? The Sprucewood Apartments in Northeast Ithaca, for $8,640,000 on 12/21/2018.  Sprucewood is a 108-unit apartment complex completed in 1966. All units are three-bedrooms, in eighteen six-unit buildings.

Who was the seller? The Lucente family, who run Lifestyle Properties in Ithaca. They own a host of other housing developments, including the Village Solars under construction in the town of Lansing.

Who was the buyer?  Winston Square LLC, an LLC associated with Stratford Management, a multifamily housing management firm with locations in six states.

Anything else? A case of “under new management”. The Lucentes are a whole lot richer, and Stratford, which mostly owns older apartment complexes across upstate, finally gets a toehold in the stable and lucrative Ithaca market. With it comes a new website and a name change, from Sprucewood to Winston Square. The apartments are primarily located on Winston Court, and the name comes from the late Rocco Sr.’s penchant for naming streets after cigarette brands in the 1950s and 1960s, hence the nickname “Cigarette Alley” for Northeast Ithaca. I don’t imagine that will be a part of the advertising pitch.

4. What sold and for how much? 815 South Aurora Street, for $385,000. The property includes a 2,845 SF industrial building and a 2,537 SF warehouse on 1.85 acres on South Hill. A radio and telecommunication tower is on site.

Who was the seller? Harold Fish. The Fish family has owned the property since at least the 1950s.

Who was the buyer? “IC Overlook LLC”, which appears to be associated with Modern Living Rentals and its owner, Charlie O’Connor.

Anything else? With Todd Fox, O’Connor proposed an 87-unit (all studio units) apartment building for the site in 2015, and in order to move forward, the duo had to make a case for the city to change its rules for building near radio and telecommunication towers. Most communities use the height plus 10 feet; at the time, Ithaca used double the height. This is a 170-foot tower, so that meant a 340 foot radius, instead of 180 feet as seen in most communities. The logic is the height plus a bit for bounce; but planning staff mused that Ithaca was a bit paranoid when the legislation was drawn up in the 1990s. The zoning code was revised, but such that it’s height plus 20% – a 204 foot radius, so the project had to be redesigned a bit. The last that was heard, plans were being for a 125-bedroom project in December 2016, but nothing came to light.

Until now. A sketch plan is scheduled for the planning board meeting next week.

5. What sold and for how much? 327 West Seneca Street, for $235,000 on January 11th.

Who was the seller? The estate of Orson Ledger, a man who was known in his decades of Ithaca for providing affordable housing by running his properties into the ground so that assessments would be low. Folks involved with Ithaca’s rental market in decades past tend to have strong opinions about Ledger, who died in a car accident five years ago.

Who was the buyer? An LLC tied to Visum Development Group.

Anything else? It means Visum’s 12-unit workforce housing proposal approved for 327 West Seneca Street is now one step closer to happening.

6. What sold and for how much? 305 West Green Street, for $560,000 on January 17th. 305 West Green Street is the former Ithaca Plastics. The property hosts a 2,400 SF home and a 5,150 SF industrial building.

Who was the seller? Richard and Sharon Buechel of Dryden, who had owned the property since 1989.

Who was the buyer? Cascade Studios LLC, which is registered to the address of Ithaca musician Brian Thrash.

Anything else? Generally not wise to take guesses on these sort of things, but plans for a music/recording studio, perhaps?

7. Something that catches the eye – local landlord Ed Cope has been actively selling off many of his rental properties. 310 Farm Street was sold for $365,000 on 12/28 to Jonah and Alicia Freedman, as was 312 Farm Street, for $395,000 on the same day. 513 South Aurora Street was also sold on December 28th, to Andrew Schreck for $425,000. Cope sold out of his share of 324 West Seneca Street for $180,200 on January 17th, and sold out of his share of 318-20 West Seneca on the same day for $349,800. That’s in addition to the sale of 115 Linn Street for $540,000 last October. That’s six sales in four months.

Vice-versa, Cope bought 107-09 Hudson Street from the estate of Sophia Tselekis for $540,000 on January 10th. Previously, Cope purchased 115 Hudson for $495,000 in October, and 108-110 Hudson Street for $460,000 in September.

All of this is to suggest that Ed Cope has been a very busy man lately. It would look as if he’s selling off properties to finance purchases of other properties clustered on the 100 Block of Hudson Street, just south of downtown and Six Mile Creek. Cope already owns 105 Hudson Street and 201 South Aurora Street on the corner, 114 Hudson, 117 Hudson and 118-120 Hudson. That leaves three properties in that cluster of eleven that he doesn’t own – 101, 111 and 112 Hudson Street. It’s not clear if something is in the works, but it is curious.

Now onto building loan agreements:

8. Where property received the construction loan? 232-236 Dryden Road, also known as “The Lux”, a 206-bedroom pair of student-oriented apartment buildings completed in 2018.  Visum Development Group completed the project, and plans are in the works for an eight-unit, 16-bedroom third building at 238 Dryden Road.

Who gave them the money? MF1 Capital LLC. The LLC is joint venture between real estate megafirm CBRE, Limekiln Real Estate of New York and Berkshire Group of Boston. According to online reports, it’s a mortgage REIT (Real Estate Investment Trust) focused on providing cash equity to multifamily (about 75% of its business) and seniors housing (the remaining 25%). A bridge loan is a short-term (2-3 year) financial solution, used as a “bridge” when a developer needs quick cash for a prime opportunity and has yet to obtain conventional construction loans. They’re usually easier to obtain because the analysis that goes into determining whether or not to extend the loan is less extensive, usually based on property value (which means a high-value loan in the case of a large Collegetown property). The trade off on these loans is that they often come with a high interest rate; and with that short term period, the loan will have to be paid back within a few years.

What it suggests here is that Visum has put most of its revenue right back into its latest plans in the form of working capital, and that there’s high confidence both in themselves and from the investor that those plans will be successful. That seems to make the most sense given Visum’s explosive growth. On a related note, $1.5 million would be about right for a new eight-unit apartment building on this site.

 

 





News Tidbits 12/17/18

18 12 2018

Here’s a look at the agenda for the city of Ithaca Planning and Development Board meeting this month. It’s a week earlier than usual due to the Christmas holiday. Notes and comments in italics below.

1. Agenda Review 6:00
2. Special Order of Business – Presentation of the Greater Southside Plan 6:05
3. Privilege of the Floor 6:20
4. Approval of Minutes: November 27, 2018 6:35

5 Special Permits 6:40

A. Project: Bed & Breakfast Special Permit
Location: 130 Coddington Road
Applicant: Noah Demarest
Actions: Declaration of Lead Agency, Public Hearing, Determination of Environmental Significance, Potential Consideration of Special Permit Approval

Project Description: The applicant is seeking a Special Permit for use of the property as a homeowner occupied Bed and Breakfast. The property was originally issued a Special Permit in 1998 for operation of the five bedroom home as a homeowner occupied Bed and Breakfast; the Special Permit was not renewed in 2003, as required by §325-9c(4)(g)[3], and has therefore expired. During a recent home inspection, it was discovered the property had continued to operate absent a Special Permit, necessitating a new Special Permit application. No physical alterations to the building or the site are proposed. Issuance of a Special Permit is an Unlisted Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) and the State Environmental Quality Review Act “(“SEQRA”)

This is a simple case of where the previous owner never renewed the five-year permit and didn’t tell the new buyer, who planned to continue using the home as a live-in Bed & Breakfast. No letters of opposition are on file. Approval, with the proper completion of all necessary forms, is likely to be straightforward.

B. Project: Bed & Breakfast Home Special Permit 6:50
Location: 2 Fountain Place
Applicant: Jason K Demarest
Actions: Declaration of Lead Agency, Public Hearing, Determination of Environmental Significance, Potential Consideration of Special Permit Approval
Project Description: The applicant is seeking a Special Permit to operate the existing 4,492 SF nine (9) bedroom residence located at 2 Fountain Place as a Bed and Breakfast Home. The owner is proposing to utilize four (4) of the nine (9) bedrooms as guest bedrooms for a period not to exceed 21 consecutive days, with a fifth bedroom utilized for home-owner occupancy. Guest occupancy will be limited to two persons or one family per guestroom. No exterior modifications are proposed to the existing home to establish the B&B use, and the existing house is compatible with the character of the neighborhood. Existing parking for seven (7) vehicles exists in the turnaround off Willets Place. The applicant does not propose cooking facilities in the guestrooms, and food service is to be limited to guests of the B&B. No other B&B Homes exist within 500 feet of the property. One sign that is five (5) SF maximum in area and not self-illuminated will be installed in compliance with Chapter 272 of the City Code, “Signs.”

Under city zoning code, B&Bs, which are to be owner-occupied, are allowed to four bedrooms to be used for the guests. A zoning code variance to use eight bedrooms as guest occupancy seemed unlikely, but the new owners believe the B&B may still be viable. Local architect Jason K. Demarest (brother of STREAM’s principal architect, Noah Demarest) is known for his historic restorations and historically-inspired design work, so his involvement is auspicious for those who hope that the century-old mansion and former Ithaca College president’s house retains its character.

6 Site Plan Review

A. Project: Chain Works District Redevelopment Plan (FGEIS) 7:00
Location: 620 S. Aurora St.
Applicant: Jamie Gensel for David Lubin of Unchained Properties
Actions: Review FGEIS & Town Comments – No Action
Project Description: The proposed Chain Works District seeks to redevelop and rehabilitate the +/-800,000 sf former Morse Chain/Emerson Power Transmission facility, located on a 95-acre parcel traversing the City and Town of Ithaca’s municipal boundary. The applicant has applied for a Planned Unit Development (PUD) for development of a mixed-use district, which includes residential, commercial, office, and manufacturing. The site’s redevelopment would bridge South Hill and Downtown Ithaca, the Town and the City of Ithaca, by providing multiple intermodal access routes including a highly-desired trail connection. The project will be completed in multiple phases over a period of several years with the initial phases involving the redevelopment of the existing structures. Current redevelopment of this property will focus on retrofitting existing buildings and infrastructure for new uses. Using the existing structures, residential, commercial, studio workspaces, and office development are proposed to be predominantly within the City of Ithaca, while manufacturing will be within both the Town and City of Ithaca. Project materials are available for download from the City website: http://www.cityofithaca.org/DocumentCenter/Index/119

Hey, they’re starting to include documentation links in the agenda descriptions now! Most of the town’s comments are minor modifications and a possible correction on one of the traffic lane analyses. There’s a boatload of paperwork to dig through, so this meeting is just a chance for the planning board to look at the town’s comments, digest some of the supplemental files, and make sure there are no red flags or major concerns within that subset of information.

B. Project: North Campus Residential Expansion (NCRE) 7:20
Location: Cornell University Campus
Applicant: Trowbridge Wolf Michaels for Cornell University
Actions: Determination of Environmental Significance
Project Description: The applicant proposes to construct two residential complexes (one for sophomores and the other for freshmen) on two sites on North Campus. The sophomore site will have four residential buildings with 800 new beds and associated program space totaling 299,900 SF and a 59,700 SF, 1,200-seat, dining facility. The sophomore site is mainly in the City of Ithaca with a small portion in the Village of Cayuga Heights; however, all buildings are in the City. The freshman site will have three new residential buildings (each spanning the City and Town line) with a total of 401,200 SF and 1,200 new beds and associated program space – 223,400 of which is in the City, and 177,800 of which is in the Town. The buildings will be between two and six stories using a modern aesthetic. The project is in three zoning districts: the U-I zoning district in the City in which the proposed five stories and 55 feet are allowed; the Low Density Residential District (LDR) in the Town which allows for the proposed two-story residence halls (with a special permit); and the Multiple Housing District within Cayuga Heights in which no buildings are proposed. This has been determined to be a Type I Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) §176-4 B.(1)(b), (h) 4, (i) and (n) and the State Environmental Quality Review Act (“SEQRA”) § 617.4 (b)(5)(iii). Project materials are available for download from the City website: http://www.cityofithaca.org/DocumentCenter/Index/811

This is likely to be the most contentious part of the meeting. The planning staff have conducted their analysis. Some traffic mitigation measures are sought, including circulation and mass transit / multi-modal transit improvements. The city will make sewer system upgrades a stipulation of project approval, and being next to the Cornell Heights Historic District, the board as Lead Agency wants a more sensitive use of materials and material colors, and extensive vegetative screening to be reviewed further before approval. But the most debated component, the energy use impacts, the city feels is effectively mitigated through the proposed measures by the applicant team.

I’m going to raise one point of correction though – the number of beds is going up to 2,079, but the planning staff should note that a campus-owned fraternity house, the former Sigma Alpha Mu building at 10 Sisson Place (the chapter moved to 122 McGraw Place), is coming down to make way for the project, so the gross number of beds is at least 30 less that that figure.

C. Project: Falls Park Apartments (74 Units) 7:50
Location: 121-125 Lake Street
Applicant: IFR Development LLC
Actions: Review of FEAF Part 3 – No Action
Project Description: The applicant proposes to build a 133,000 GSF, four-story apartment building and associated site improvements on the former Gun Hill Factory site. The 74-unit, age-restricted apartment building will be a mix of one- and two-bedroom units and will include 7,440 SF of amenity space and 85 parking spaces (20 surface spaces and 65 covered spaces under the building). Site improvements include an eight-foot wide public walkway located within the dedicated open space on adjacent City Property (as required per agreements established between the City and the property owner in 2007) and is to be constructed by the project sponsor. The project site is currently in the New York State Brownfield Cleanup Program (BCP). Before site development can occur, the applicant is required to remediate the site based on soil cleanup objectives for restricted residential use. A remedial investigation (RI) was recently completed at the site and was submitted to NYSDEC in August 2018. The project is in the R-3a Zoning District and requires multiple variances. This is a Type I Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) §176-4 B(1) (h)[2], (k) and (n) and the State Environmental Quality Review Act (“SEQRA”) §617-4 (b) (11). Project materials are available for download from the City website: http://www.cityofithaca.org/DocumentCenter/Index/852

Part III of FEAF is the city planner-written review of impacts, proposed mitigations, and whether the lead agency feels the mitigations are appropriate and effective. Some stormwater, remediation plan and other supplemental materials are still needed before a declaration of significance can be made. 

D. Project: New Two-Family Dwellings 8:10
Location: 815-817 N Aurora
Applicant: Stavros Stavropoulos
Actions: Public Hearing
Project Description: The applicant proposes to demolish an existing two-family residential structure and construct two new 1,290 SF two-family dwellings on a 9,590 SF lot. The existing residential building is a legally non-conforming building with a side setback deficiency (2.9 feet instead of the required 5 feet). The proposed redevelopment will include four parking spaces for four three-bedroom apartments. The applicant is requesting the Board’s approval to use the landscaping compliance method for parking arrangement. The project site is located in the R-2b Zoning District and meets all applicable zoning lot and setback requirements. This is an Unlisted Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) and the State Environmental Quality Review Act (“SEQRA”). Project materials are available for download from the City website: http://www.cityofithaca.org/DocumentCenter/Index/859

City staff were really unhappy about this plan last month, and it was implied that this was one of the examples of “bad” infill that may lead to the new single primary structure overlay. However, barring extreme circumstances (think Maguire at Carpenter Park), review will continue under the current regulations. No new materials appear to have been submitted since the last meeting. 

E. Project: Maguire Ford Lincoln Additions and Improvements 8:30
Location: 370 Elmira Road
Applicant: John Snyder Architects PLLC
Actions: Public Hearing, Potential Determination of Environmental Significance

Project Description: The applicant proposes to demolish a portion of the existing building and construct two additions with updated exterior materials. The existing building is 18,500 GSF, with 2,265 GSF proposed for demolition. The new building will be 24,110 GSF. Site improvements include incorporation of a new pedestrian walking path, and site connections to Wegmans. Approximately 311 parking spaces are proposed to accommodate customer, service parking, employee, and display parking. The project site is located in the SW-2 Zone, is subject to the 2000 Southwest Design Guidelines, and will require a zoning variance for a front yard that exceeds the maximum permissible in the SW-2 district (34 feet maximum permitted, 69-feet 3-inch setback proposed). This is an Unlisted Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) and the State Environmental Quality Review Act (“SEQRA”); however, it will be treated as a Type I Action for the purpose of environmental review. Project materials are available for download from the City website: http://www.cityofithaca.org/DocumentCenter/Index/860

The revised plans include modified architectural features (more windows, a green wall), and a greater amount of vegetated landscaping to comply with zoning. On-site solar panels are being considered per board recommendation, but the old building was not designed to hold the weight of solar panels. The new wings will be designed to host panels. Heat pumps are being evaluated for some functions, but some of the heavy-duty components like the service bay will likely rely on modified conventional fuel systems. The building will meet or exceed NYS Energy Code requirements.

F. West Hill- Tiny Timbers – Sketch Plan 8:50

This one has been a long time coming. Tiny Timbers bought a 5.45 acre parcel on the south end of Campbell Avenue’s 400 block back in September 2016, and has long planned one of its cluster home developments on the vacant lot. As noted at the time on the blog:

“Dolph et al. are looking to do a similar development to the one in Varna on a 5.45 acre parcel at the south end of the 400 Block of Campbell Avenue, which was noted in a weekly news roundup when it hit the market back for $195k in August 2015. The Journal’s Nick Reynolds touched on it in a through write-up he did earlier this week. The comprehensive plan calls this portion of West Hill low-density residential, less than 10 units per acre. Current zoning is R-1a, 10000 SF minimum lot size with mandatory off-street parking, although maybe a cluster subdivision would come into play here. The Varna property is a little over 6 units per acre. If one assumes a similar density to the Varna project, the ballpark is about 35 units, if sticking to the 10000 SF lot size, then 23 units.

On the one hand, expect some grumbling from neighbors who won’t be thrilled with development at the end of their dead-end street. On the other hand, these small houses are modestly-sized and priced, they’ll be owner-occupied, and if the Varna site is any indication, the landscaping and building design will be aesthetically pleasing.”

G. 112-114 Summit Ave – Sketch Plan 9:10

This one required some fact-checking, because 114 Summit Avenue was the former Cascadilla school dorm that came down last year to make way for the Lux apartment project at 232-236 Dryden Road. A better address for this project might be “238 Dryden”, and the rumor mill says it’s by Visum Development Group, who developed the Lux. Although the exact positioning seems uncertain, the parcel north of the Lux is CR-3 (three floors, 40% lot coverage, parking and houselike features such as gables and porches required), and the remaining adjoining parcels are CR-4 (four floors, 50% lot coverage, no parking required). With student housing experiencing a little more slack in the market lately, it’s not clear if this is student housing, or another use.

7. Old/New Business PRC Meeting Time/ Date 9:30

8. Reports
A. Planning Board Chair
B. BPW Liaison
C. Director of Planning & Development 9:40

9. Adjournment 9:50





News Tidbits 11/26/18

27 11 2018

Just to get this out in time, he’s a look at what will be a rather long but very interesting city of Ithaca Planning Board meeting tomorrow evening.

1 Agenda Review 6:00

2 Special Order of Business – Planning Report on ILPC recommendation to designate the former Delaware, Lackawanna, & Western Railroad Station at 701 West Seneca Street. 6:05

3 Privilege of the Floor 6:20

4 Approval of Minutes: October 23, 2018 6:35

5 Site Plan Review

A. Project: Chain Works District Redevelopment Plan (FGEIS) 6:40
Location: 620 S. Aurora St.
Applicant: Jamie Gensel for David Lubin of Unchained Properties
Actions: Distribution of FGEIS & Review of Schedule – No Action
Project Description: The proposed Chain Works District seeks to redevelop and rehabilitate the +/-800,000 sf former Morse Chain/Emerson Power Transmission facility, located on a 95-acre parcel traversing the City and Town of Ithaca’s municipal boundary. The applicant has applied for a Planned Unit Development (PUD) for development of a mixed-use district, which includes residential, commercial, office, and manufacturing. The site’s redevelopment would bridge South Hill and Downtown Ithaca, the Town and the City of Ithaca, by providing multiple intermodal access routes including a highly-desired trail connection. The project will be completed in multiple phases over a period of several years with the initial phases involving the redevelopment of the existing structures. Current redevelopment of this property will focus on retrofitting existing buildings and infrastructure for new uses. Using the existing structures, residential, commercial, studio workspaces, and office development are proposed to be predominantly within the City of Ithaca, while manufacturing will be within both the Town and City of Ithaca.

No decisions expected tonight, but the distribution of the FGEIS (Final Generic Environmental Impact Statement) is a major step forward. From here, the Planning Board will review and critique the document, and when satisfied, it will vote for a resolution of completion. A recommendation to adopt the Chainworks PUD zoning and the FGEIS findings will follow, and if successful, the Common Council will also vote to adopt the PUD zoning. That would complete generic review for the site – new builds would still come to the board as necessary, but renovations could potentially begin not long afterward. Timing-wise, the final approvals are still a few months out, but this massive 910+ unit project is slowly closing in on approvals, and potentially, construction.

B. Project: North Campus Residential Expansion (NCRE) 6:55
Location: Cornell University Campus
Applicant: Trowbridge Wolf Michaels for Cornell University
Actions: Review of FEAF Part 3
Project Description: The applicant proposes to construct two residential complexes (one for sophomores and the other for freshmen) on two sites on North Campus. The sophomore site will have four residential buildings with 800 new beds and associated program space totaling 299,900 SF and a 59,700 SF, 1,200-seat, dining facility. The sophomore site is mainly in the City of Ithaca with a small portion in the Village of Cayuga Heights; however, all buildings are in the City. The freshman site will have three new residential buildings (each spanning the City and Town line) with a total of 401,200 SF and 1,200 new beds and associated program space – 223,400 of which is in the City, and 177,800 of which is in the Town. The buildings will be between two and six stories using a modern aesthetic. The project is in three zoning districts: the U-I zoning district in the City in which the proposed five stories and 55 feet are allowed; the Low Density Residential District (LDR) in the Town which allows for the proposed two-story residence halls (with a special permit); and the Multiple Housing District within Cayuga Heights in which no buildings are proposed. This has been determined to be a Type I Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) §176-4 B.(1)(b), (h) 4, (i) and (n) and the State Environmental Quality Review Act (“SEQRA”) § 617.4 (b)(5)(iii). All NCRE materials are available for download at: http://www.cityofithaca.org/DocumentCenter/Index/811

Materials provided indicate that city planning staff are reasonably satisfied that the energy impacts of the massive North Campus housing plan have been mitigated. The only new letter on record this month is a letter of concern from the City Historic Preservation Planner about the project’s visual and aesthetic impacts on the Cornell Heights Historic District to the west.

C. Project: Apartments (12 Units) 7:25
Location: 327 W. Seneca Street
Applicant: Noah Demarest for Visum Development
Actions: Consideration of Preliminary & Final Site Plan Approval
Project Description: The applicant is proposing to construct a three-story apartment building with 12 units. Project development requires the removal of the exiting building and parking area. The project will include exterior bike storage, a trash enclosure, walkways, landscaping, signage, and lighting. The project is in the B2-d Zoning District and has received the required variances for front-, side-, and rear-yard setbacks. A small portion at the rear of the property is in the CDB-60 District. The project has received Design Review. This is an Unlisted Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) and the State Environmental Quality Review Act (“SEQRA”), for which the Lead Agency made a Negative Determination of Environmental Significance on September 25, 2018.

Not much to add regarding Visum’s workforce housing (80% area median income) proposal for the State Street Corridor. The project is expected to receive $200,000 from the latest round of the Community Housing Development Fund, the affordable housing fund jointly paid into by the city, county and Cornell. In this case, Cornell will cover $170,000 and the city $30,000. Cornell doesn’t have any hand in this project, but having one entity pay most of the grant for a given project makes it less complex to administer. 

D. Project: Falls Park Apartments (74 Units) 7:35
Location: 121-125 Lake Street
Applicant: IFR Development LLC
Actions: Public Hearing, Review of FEAF Parts 2 & 3
Project Description: The applicant proposes to build a 133,000 GSF, four-story apartment building and associated site improvements on the former Gun Hill Factory site. The 74-unit, age-restricted apartment building will be a mix of one- and two-bedroom units and will include 7,440 SF of amenity space and 85 parking spaces (20 surface spaces and 65 covered spaces under the building). Site improvements include an eight-foot wide public walkway located within the dedicated open space on adjacent City Property (as required per agreements established between the City and the property owner in 2007) and is to be constructed by the project sponsor. The project site is currently in the New York State Brownfield Cleanup Program (BCP). Before site development can occur, the applicant is required to remediate the site based on soil cleanup objectives for restricted residential use. A remedial investigation (RI) was recently completed at the site and was submitted to NYSDEC in August 2018. The project is in the R-3a Zoning District and requires multiple variances. This is a Type I Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) §176-4 B(1) (h)[2], (k) and (n) and the State Environmental Quality Review Act (“SEQRA”) §617-4 (b) (11).

Note that IFR is a Travis Hyde Properties business entity. The attempt to gain approval for an environmentally compromised project site is likely going to be more heavily scrutinized given the recent controversy regarding proposed demolition procedures for the Old Library site.

E. Project: New Two-Family Dwellings 7:55
Location: 815-817 N Aurora
Applicant: Stavros Stavropoulos
Actions: Declaration of Lead Agency, Review of SEAF Parts 2 & 3
Project Description: The applicant proposes to demolish an existing two-family residential structure and construct two new 1,290 SF two-family dwellings on a 9,590 SF lot. The existing residential building is a legally nonconforming building with a side setback deficiency (2.9 feet instead of the required 5 feet). The proposed redevelopment will include four parking spaces for four three-bedroom apartments. The applicant is requesting the Board’s approval to use the landscaping compliance method for parking arrangement. The project site is located in the R-2b Zoning District and meets all applicable zoning lot and setback requirements. This is an Unlisted Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) and the State Environmental Quality Review Act (“SEQRA”).

F. Project: Maguire Lincoln 8:15
Location: 370 Elmira Road
Applicant: John Snyder Architects PLLC
Actions: Declaration of Lead Agency, Review of FEAF Parts 2 & 3
Project Description: The applicant proposes to demolish a portion of the existing building and construct two additions with updated exterior materials. The existing building is 18,500 GSF, with 2,265 GSF proposed for demolition. The new building will be 24,110 GSF. Site improvements include incorporation of a new pedestrian walking path, and site connections to Wegmans. Approximately 311 parking spaces are proposed to accommodate customer, service parking, employee, and display parking. Landscape design will improve vegetative cover; however, it will not meet the City of Ithaca’s impervious/pervious requirements (12%). The project site is located in the SW-2 Zone, is subject to the 2000 Southwest Design Guidelines, and will require a zoning variance for a front yard that exceeds the maximum permissible in the SW-2 district (34 feet maximum permitted, 69-feet 3-inch setback proposed). This is an Unlisted Action under the City of Ithaca Environmental Quality Review Ordinance (“CEQRO”) and the State Environmental Quality Review Act (“SEQRA”); however, it will be treated as a Type I Action for the purpose of environmental review.

G. Sketch Plan – 312 E Seneca Street, Jagat Sharma 8:35

312 East Seneca is a 4,482 SF three-story mixed-use building on the edge of Downtown Ithaca. The building was long-owned by Ithaca architect Jagat Sharma, who ran his practice from the building (1416 SF), the Alley Cat Cafe (1926 SF), and a four-bedroom apartment (1140 SF) on the upper floors.

A few years ago, the site was floated as part of the potential footprint for Visum Development’s Seneca Flats mixed-use project, though at the time it was made clear that it was not an essential property to the development, and simply a possibility if Sharma chose to sell to Visum. Sharma didn’t – in September, he sold the building to an LLC associated with the Stavropoulos family for $800,000, double the assessed value. That lofty price relative to assessed value was a big clue something was planned here, and it looks like the first glimpse of that will come tomorrow night. The Stavropoli of West Hill have been growing their assets through acquisition or development for the past several years, including the 4-unit North Aurora project in item E. above.

Normally, the Stavropoulos family is low-key about development, preferring lower-profile infill builds in established neighborhoods – the largest project of theirs to date is the 11-unit 107 South Albany project. They often turn to local architect Daniel Hirtler, but this time, Collegetown favorite Jagat Sharma will have a hand in redeveloping the building that housed his office for so many years. This would be Sharma’s first building downtown since the Greenstate Building (127 West State Street) in 1991. For the record, this would be their second Sharma commission, with a duplex planned for 209 Hudson Street being the other (granted, that’s also a modular structure).

Zoning-wise, this is CBD-60. Within that zone, Sharma can design a five-story building up to 60 feet tall, no parking required, with any variety of commercial or residential uses. Any design will have to conform with the recently-adopted Downtown Design Guidelines. The Stavropoli are likely to do all-residential or residential with ground-floor retail. The current building is quite narrow, but it also only occupied the east half of the lot – a new structure could practically touch the neighboring building at 308 East Seneca.

H. Sketch Plan – 114 Catherine Street, Jagat Sharma 8:55

Things are about to get a bit confusing. A few years ago, the Lambrou family, mid-sized Collegetown landlords and developers of Collegetown Park, presented and built an infill project at 114 Catherine Street – while all the working docs used 114 Catherine Street, the address of the existing building set back into the lot, the new 3-unit, 17-bedroom building was christened 116 Catherine Street.

This new building is expected to be a replacement for the existing 114 Catherine Street, the Mission Apartments, and is expected to complement 116 Catherine in appearance (Jagat Sharma designed that as well). Zoning here is CR-4, up to four floors, with a maximum of 50% lot coverage (but not parking required). Expect this to be student housing – probably not too big, a few dozen beds at most, but something to take note of nevertheless.

I. Sketch Plan – 130 Cherry Street, Residential, Vecino Group 9:15

130 Cherry Street is a 4,600 SF auto body shop that’s been for sale for quite a while now. The rumor mill says Vecino CEO Rick Manzardo was walking around the area a couple of weeks ago, and it looks like there was a reason for that. The plan being floated is affordable “artist housing”. This wouldn’t be a new concept to Vecino, who renovated a vacant warehouse in Troy into the 80-unit Hudson Arthaus. What makes the Arthaus unique among affordable housing is that it offers on-site amenities geared to artists, as well as income-based rents for those who make only a modest living while engaged in their creative pursuits.  Those amenities include a wood shop, on-site storage units, gallery spaces managed by a local non-profit, and a computer/digital work suite.

Zoning here is “Cherry Street District” Waterfront Zoning. Since it’s north of Cecil Malone Drive, housing is allowed – but not on the first floor. The first floor is for light industrial and many commercial uses, including restaurants, stores and offices. No ground-level storage permitted, however. In this “artist housing” format, the first floor would likely be the exhibition/gallery.workshop space. The building may be up to five floors with 100% lot coverage once setback requirements are met. Bonus for this site, the Cherry Artspace is a few hundred feet away. With about 179,000 SF in building capacity offered by the site and zoning before setbacks are considered, a potential project could be fairly sizable.

6. Old/New Business 9:35

7. Reports 9:40
A. Planning Board Chair
B. BPW Liaison
C. Director of Planning & Development

8. Adjournment 10:00