HomeMy WebLinkAboutVI.B - SHS Senior Housing
HEDRA Memorandum
To: HEDRA Commissioners
From: Rusty Fifield, Economic Development Coordinator
Date: October 4, 2019
Subject: Schoolhouse Square Senior Housing - Neighborhood Meeting
Action Requested
No action requested. Item presented for information.
Background
Real Estate Equities (REE) is planning
to develop a four-story building
containing approximately 94 affordable
senior housing units at Schoolhouse
Square. The site would located between
the existing commercial buildings along
Vermillion Street and the townhomes
located along Ramsey Street. As part of
its planning process, REE held a
neighborhood meeting on October 1.
The meeting took place in the
Community Room at City Hall. The
purpose of the meeting was to give interested parties an opportunity to learn about the project,
to ask questions, and to give feedback to the developer.
Approximately 12 residents attended the meeting. The residents primarily represented owners
of the townhomes adjacent to the proposed development site. The meeting was also attended by
members of the development team, the current landowner, Mayor Fasbender, and
Councilmember Folch.
No one at the meeting expressed opposition to the project. The majority of the discussion
centered on questions and concerns about traffic both on adjacent streets and internal
driveways, green space, walkability, noise, snow removal, and maintaining long-term use for
affordable senior housing.
Staff will be working with REE to keep residents informed about the project as it moves through
the City approval process. I expect REE to submit an application for TIF assistance in the near
future. The application with the request to initiate the process of establishing a TIF district will
likely be on the HEDRA agenda in November or December. The timing of an application for land
use approvals has not been set.