Cincinnati City Council has approved unanimously an ordinance allowing Enerfab to operate a steel fabrication plant in Riverside.
The notwithstanding ordinance allows Mandy's Landing to sell its 10.7-acre marina and boat storage facility at 4331 River Road to Enerfab for a one-story building, a storage yard, parking and barge unloading facilities.
These activities are not permitted under the current zoning.
The City will also enter into an agreement with Enterfab giving it the right of first refusal on the property - should Enerfab ever look to sell - and allowing the City to attempt to purchase the site for redevelopment in eight years.
The Riverside Strategic Community Plan recommends that the area around the corner of River and Anderson Ferry roads be redeveloped for neighborhood commerce and greenspace.
Mandy's Landing was forced to sell due to tremendous debt, including over $140,000 owed in property taxes to Hamilton County.
A purchase agreement between the two parties has already been signed.
Previous reading on BC:
EDC to consider steel fabrication plant for Riverside riverfront (1/8/08)
Monday, January 21, 2008
Enerfab use approved for Riverside
Posted by
Kevin LeMaster
at
5:08 AM
Labels: Enerfab, industrial, Mandy's Landing, Riverside
Tuesday, January 8, 2008
EDC to consider steel fabrication for Riverside riverfront
City Council's Economic Development Committee will consider a notwithstanding ordinance to allow for steel fabrication on a piece of riverfront property currently zoned for residential and recreational use at its meeting this afternoon. Enerfab would like to build the facility, which would also include, barge unloading facilities on 12 acres at 4331 River Road in Riverside. The site is currently occupied by Mandy's Landing, a marina and boat storage facility. Representatives with Mandy's Landing claim that they are having financial difficulties, mostly due to delinquent real estate taxes. A search of the Hamilton County Auditor's website shows that over $140,000 in back taxes is owed on their three parcels. Enerfab and Mandy's Landing entered into a purchase agreement for the property on October 15, and extended the agreement in December. The notwithstanding ordinance is an attempt to allow for the proposed new use without setting a "spot zoning" precedent that could jeopardize the neighborhood's land use goals in the future. The Riverside Community Council opposes rezoning the site, but has not taken a position on the ordinance. New construction would include a one-story metal building, a storage yard, parking and docking access to the river.
Posted by
Kevin LeMaster
at
5:06 AM
Labels: Enerfab, industrial, Mandy's Landing, Riverside
Tuesday, July 17, 2007
City approves rezoning for The Yards
At their June 27 meeting, City Council unanimously approved rezoning for Vandercar's mixed use project called The Yards.
The zoning change, to PD Planned Development District (PD 48), means that the City has accepted the concept plan for development of the site, which straddles the neighborhoods of Riverside and Sedamsville.
Vandercar will now need to submit a more thorough final development plan to the City Planning Commission. The City Planning Commission disapproved of the concept plan in March, citing its failure to conform to the existing Land Use Plan and its lack of a fiscal impact analysis.
If ultimately approved, the rezoning will allow Vandercar to channel TIF money into infrastructure improvements to the site. These improvements include raising the site out of the 100-year flood plain, building a retaining wall along River Road, installing sewers and improving the River Road/Fairbanks Avenue intersection.
The $60 million-$80 million project for the old Conrail transfer station on Cincinnati's western riverfront will contain around 1 million square feet of big-box, retail, office and hotel space.
Only one retailer, Lowe's, has signed a letter of intent for a store on the site. Vandercar is still trying to land a second big-box tenant.
A previous estimate for completion -- if the final development plan was approved by this summer -- was around the third quarter of 2009.
A more detailed description of the project can be seen here:
Building Cincinnati: Riverside/Sedamsville: The Yards (5/15/07)
Posted by
Kevin LeMaster
at
12:27 AM
Labels: mixed-use, Riverside, Sedamsville, The Yards, TIF, Vandercar Holdings
Tuesday, May 15, 2007
Riverside/Sedamsville: The Yards
When will City Council consider a rezoning for The Yards?
The Vandercar Holdings project, in the Riverside and Sedamsville area on what is known as the Conrail site, was panned by the City Planning Commission on March 16, 2007 for not conforming to the existing Land Use Plan and for lacking a corresponding fiscal impact analysis.
It was scheduled to be heard in front of the Economic Development Committee on April 24.
That is normally followed by a City Council vote, usually the very next day.
So far it hasn't made the Council agenda.
The concept plan
In September 2005, Vandercar Holdings owner Rob Smyjunas announced plans for a 60-acre power center, containing five big-box tenants, to be built on long-vacant land between River Road and Southside Avenue.
The $60 million-$80 million project drew comparisons to Vandercar's Center of Cincinnati project in Oakley.
When the formal development agreement for The Yards was filed with City Council in June 2006, the project changed slightly to four large buildings and "a few" smaller ones, including restaurants and a bank. The total square footage was estimated to be about 600,000 square feet.
The proposal also called for the creation of a TIF (Tax Increment Financing) district and a sale by the City of Cincinnati to Vandercar of an adjacent 22 acre parcel ($1.8 million).
In July 2006, the City Planning Commission recommended that City Council should not accept the concept plan offered in the development agreement.
However, swayed by support from the Riverside and Sedamsville community councils and the Price Hill Civic Club, City Council passed an ordinance to enter into a contract of sale with Vandercar for the acreage.
PUDs and TIFs
The passing of the ordinance left Vandercar to seek a zoning change to line up the TIF money.
The acreage in question is already part of a City-created TIF district, TIF District 14 (MAP).
Vandercar wants to separate the project site from the existing TIF district and designate it as PD 48 (Planned Unit Development).
PD status, which would change the current zoning from single-family and manufacturing uses, would allow the developer to direct TIF monies specifically from its project into raising the site out of the 100-year flood plain, building a retaining wall along River Road, installing sewers and improving the intersection of River Road and Fairbanks Avenue.
"We have enough manufacturing"*
The plans for the project have changed since they were first announced.
Vandercar now proposes a development that is more mixed-use and would have up to 22 buildings, including a large retail store, an office building or hotel (multi-story, 40K-120K sq ft), a multi-screen cinema and numerous smaller commercial stores.
It would total up to 985,000 square feet of retail and 120,000 square feet of office space on what is now 74 acres.
Most of the 6.5 acres of planned open space would be along the River Road frontage.
What a "yes" vote means
A City Council "yes" vote on the PD zoning change would accept this concept plan.
Vandercar would then be required to submit a more thorough final development plan to the City Planning Commission, which has not been to kind to them thus far.
A City Council approval of a final development plan by this summer could mean completion in the 3rd quarter of 2009.
WINDOWS LIVE BIRD'S EYE VIEW
GOOGLE AERIAL MAP
* Partial quote from Doug Kohls, Sedamsville Community Council, regarding the City Planning Commission's vote. "Complex Denied Zoning Change", 3/17/07 Cincinnati Enquirer.
Posted by
Kevin LeMaster
at
12:36 AM
Labels: mixed-use, Riverside, Sedamsville, The Yards, Vandercar Holdings