Madisonville: Madison Circle final plan

Site plan

Circle Development, with the aid of Architects Plus, submitted a final development plan for the Madison Circle project (PD-45) to the City Planning Commission at their April 6 meeting, but the deal could stall without financing for public roads.

The developer is seeking TIF money from the City to finance new public roads on the site. Madison Circle Drive would extend southward from Madison Rd to a roundabout, which would then lead to a right-turn only outlet onto Red Bank. Red Dog Place would extend from the roundabout to connect with the Ohio Medical Instrument building on the southern end of Charlemar Dr. Charlemar, a residential street, would be closed off into a cul-de-sac.

The City is currently doing a funding review to see if the money might be available.

The new development plan has two fewer office buildings than the conceptual plan. Details on the office buildings sketchy, though they will likely be two to three stories each with footprints around 12,000 square feet.


Sample office building

Up to three restaurant and/or retail uses have also been proposed but no tenants have been announced. Under the guidelines of the development plan, the restaurants will be the types which offer table service (think TGI Friday's). One of the retail uses mentioned is a full-service pharmacy.


Sample restaurant

Two office buildings remain on the site. One 4,859 square-foot building along Madison has been renovated and has one tenant, and the 13,480 square-foot office building nearby is the new home of the American Heart Association.

The senior living facility will be developed and operated by CareSpring Health Care Management. The IndianSpring Health Care Facility, which will be located along Madison Rd, will be a three-story, 133,851 square-foot building. Its top two floors will consist of a 140-bed nursing facility. The lower level will be the home of support operations as well as services available to the community at large.


Rendering of the IndianSpring Health Care Facility

On the western part of the site, the Barrington of Oakley (not in Oakley) will be 130,000 square feet on four levels, containing 100 assisted living apartments, a dining room, and exercise/rec areas.


Rendering of the Barrington of Oakley

The upscale Red Dog Pet Resort, at 28,125 square feet, will be developed on the southwest part of the site.

The total number of square feet has been raised from 426,000 to 492,000. There will be 924 parking spaces, all on surface lots. Forty-nine precent of the 30-acre site will be open space or landscaped area.

The senior living projects, the pet spa and Madison Circle Dr are part of Phase I, to be started when money for the road comes through.

Phase II, tentatively scheduled for late this year, would consist of one restaurant and the Red Dog Place road project.

Phase III would consist of the office buildings and one restaurant/retail. This is scheduled for Summer 2008.

Buildout would occur in late 2009/early 2010 with the completion of the final restaurant/retail.

Circle Development projects that the project will draw 250 residents and 500 daily employees, as well as daily retail and restaurant patrons, the the former site of the Oakley Drive-In.

WINDOWS LIVE BIRD'S EYE VIEW
Urban Ohio: Madison Circle

(NOTE: This is the first post regarding this project on the blog. The Urban Ohio link above will take you to the Urban Ohio discussion forums for background on this project. The link will open a new browser window.)