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HomeMy WebLinkAbout2002 Riverfront Project Mgmt. Team . . . , Minutes Riverfront Project Management Team September 24, 2002 150 Dexter Court, North Tover 3:00 P.M. Members Present: Mayor Ed Schock, Chairman Jack Cook, Kane County Preserve Doug Hoeft, State Representative Pat McAtee, METRA Senior Director Ken Moran, State Financial Leo Nelson, Chamber John Steffen, Attorney Stuart Wasilowski, City Councilman Members Absent: Lynn Corrao, METRA Community Affairs Bruce Dahlquist, Architect Patricia Reid Lindner, State Rep. Mike McCoy, Kane Co. Board rNorma Meiss, DNA Executive Director Steve Rauschenberger, Senator Randy Roberts, Grand Victoria Casino Mike Trump, Promac Staff/Guests: Mark Biernacki, City of Elgin Scott Chesney, Vandewalle &Associates Ray Moller, City of Elgin Barbara Iverson, City of Elgin Alex Seith, Gallagher& Henry Dave Frigo, Hitchcock Design Group I. Call to Order Mayor Ed Schock welcomed all present, and called the meeti1g to order. II. Approval of July 23'13 2002 meeting minutes The minutes from the July 23` meeting were approved as written. III. Announcements There were no announcements. r .. , rb' Project Management Team Minutes September 24th, 2002 Page 2 IV. Presentation by Gallagher & Henry on NBD Site Alex Seith introduced plans designed to implement two parts Of the Riverfront/Center City Master Plan, the NBD site, for which Gallagher Henry has a developed a project called Fountain Square Place, to be discussed in detail, and North Kimball, also called River North, for which Gallagher Henry is developing a project called River North Landings, ani will have conceptual drawings for review in the near future. Pappageorge & flaymes is the architect and Hitchcock Design the landscape design firm. On both projects, waterfront property would be retained by the City. The NBD site being discussed is the portion owned by the City. Steve Rezabek, Senior Associate with Pappageorge&Haymes and Project Manager for this project, described a 64,000 sq. ft. site, to be a mixed use project focused on residential development in a two-tower,!2-story high-rise building with ground floor retail, 216 residential units, and providing 285 parking spaces in the building, on the first floor with ac ess to parking from a driveway on Grove Street, about mid block. Retail space would total 18,20 square feet, primarily on the first floor,with some additional retail space on the lower level, froriting on the river. Unit pricing would range from approximately$150,000-$160,000 for a one-bedroom unit,up to$230,000-$235,00 for a 1,200-square foot unit, with some variations due to varying construction costs. Building time is estimated at to be 14-15 monthsDave Frigo of Hitchcock Deign Group described features of the landscape design for the project and its impact on the resicIential, commercial, pedestrian, and recreational uses of the site. Scott Chesney of Chesney&Associates,LLC,affiliated with yandewalle&Associates,distributed copies of a data sheet outlining the financing plans for the project and expressed confidence in the estimated$50M cost to build but expressed concern about the need for more information about the market and pricing for the units, and recommended that due to limited experience by Gallagher and Henry with the type of development, the project would best be served by issuing an RFP to obtain proposals from other developers with experience in urban housing for comparison and evaluation. Staff agreed, and Scott indicated that an RFP could be ready hy the next PMT meeting. Ray indicated that owners of the ProMac building have recentlly obtained an appraisal of the 2-story and 4-story buildings for consideration. Discussion followed regarding parking provision to replace iarking spaces on the site, currently about 180 spaces. V. Update on South Grove Residential and Festival Park Ray indicated that PAR Development plans to proceed with the south side of the project initially, with the north side to follow, and final soil borings will be pelbrined within a reasonable period of time. The next step will be to obtain a quote for site work, expected to begin this fall. Townhomes and condos will be pre-marketed,with construction of townhornes being started first;when pre-sales of condos reaches one-third of the total units,construction o f the condos will be started also. If pre- sales allow,construction could begin in 2003,with the project being substantially complete by mid- 2004. Under this timetable, overlap with development of the NBD site would little to none, if the i r NBD project s expedited. Project Management Team Minutes September 246, 2002 Page 3 VI. Update on North Fox/Kimball Project See above. VII. Report on Federal and State Funding Doug Hoeft announced a$100,000 grant to be made available through his office and DCCA. VIII. Update on Downtown Parking Acquisition and site preparation for the south parking deck is p armed for 2003,with construction to begin in 2004. The south deck will provide 400-500 parking s.aces. IX. Other Business No other business was discussed. X. Next Meeting Date The next Project Management Team meeting will be held on uesday, October 22nd,2002, at 3:00 P.M. XI. Adjourn There being no further business, the meeting adjourned at 4:51 p.m. Respectfully submitted, //J • Barbara Iverson Recording Secretary 4 rk Minutes Riverfront Project Management Team July 23, 2002 3 : 00 p.m. Members Present: Mayor Ed Schock Leo Nelon, Chamber Olufemi Folarin, City of Elgin Randy R berts, Grand Victoria Pat McAtee, Metra John Steffen, Attorney Ken Moran, State Financial Stuart 14asilowski, Councilman Members Absent: Jack Cook, Kane Co. Preserve Mike McCoy, Kane County Board Lynne Corrao, Metra Norma Meiss, DNA Bruce Dahlquist, Architect Patricia Reid Lindner, State Rep. Ed Kelly, Hastert Rep. Steve Riuschenberger, Senator Doug Hoeft, State Rep. Mike Tririmp, Promac Staff: Mark Biernacki, City of Elgin Scott Chesney, Chesney & Associates Barb Iverson, City of Elgin eft Ray Moller, City of Elgin I. Call to Order Mayor Ed Schock welcomed all present and called the meeting to order. II. Approval of Minutes The minutes from the June 25, 2002 meeting were approved as written. III. Announcements None . IV. Presentation by Kimball Grove Partners No presentation given. The project has been tabled by the developers . The proposed development consisted of a full block redevelopment to include 92 residential units, parking and etail . The developers have done a good job so far with the design p1ar for the site . Preliminary construction costs have come in much higher than was anticipated and the developer has asked the City to take a significant roll in the development of the project . Staff feels that the requests are too much for the City to commit to, and not enough financial backing is in place in order to make this project a priority. Staff will follow-up with the developers to see if the project can mdve forward at some point in the near future . r V. Update on South Grove Residential Staff recently met with the Par Group regarding the development on South Grove . Petroleum related contamination was found on the site, which will be removed. Additional soil testing will be needed. . , rft Riverfront Project Management Team Minutes July 23 , 2002 Page 2 There was no contamination found on the Raiload right-of-way, although some contamination of the area' s ground water was detected. The City Council may pass an ordinance barring anyOne from drilling wells in this area, which will allow the site to be capped for development . There has been a good exchange of dialog with Par and City staff, and the developers are very excited about moving forward with the project . VI. Update on NBD Site Staff met previously with the representatives from Promac regarding interest in the NBD property. The owners w re in the process of having; the property appraised. Staff has had o response back from the owners, and Scott mentioned that he will folilow-up with them and update the committee at a future meeting. VII. Update on Festival Park Staff is working on hiring a Construction P.Inager for the Festival Park development site . Staff is recommending that the City continue to use M. I .C. Construction for this site . The cdmpany has done a very good job for the City, they are on-time and finder budget with previous projects. A memo will be going to the Citir Council for consideration ew and approval . VIII . Update on Downtown Parking Staff has recently met with Ron Cope regarding the purchase of his property, and is ready to make an offer. Staff has also met with representatives from ECC regarding the parking issue and how this will affect the downtown campus . The school staff has expressed a willingness to work with the City, and the project is moving forward. IX. Update on North Fox/Kimball Project Staff will be meeting in the near future with Gordon Roth to finalize the purchase of the property. State funding of this site has been approved and is moving forward. This funding will help with the testing and development of the site . Scott mentioned that several developers have shown an interest in this site and the development of this parcel may become very competitive . X. Report on Federal and State Funding The request for Federal and State funding is moving along, with staff anticipating a check by mid-August from the State of Illinois . XI. Update on Master Redevelopment Schedule There have been no updates to the schedu le . Scott will work on the ellw schedule and provide information at the n xt meeting. XII. Other Business Staff has met with a group interested in the acquisition and development of the Professional Building (164 Division Street) . Riverfront Project Management Team Minutes July 23, 2002 Page 3 The developers are looking for a sizable contribution from the City. The proposal consists of 25 loft condos with an approximate value of $6 million. There is a possibility of additional development in the future. Staff has requested more detail on the plans and the cost of the project . There has also been a plan proposed for Lhe Tower Building. This project would include the same architect that will be working on the Division Street development . This proposa includes a boutique hotel (54 rooms) , second floor ballroom/banquet a ea, and retail on the first floor. The total cost of the developme t is $8 . 6 million. The developers are looking for a sizable contribution from the City, and they have also had discussions with reprsentatives from the Grand Victoria. Both projects are in the very early stage , and staff has requested more detail and background on both projects before moving forward. XIII. Next Meeting Date The next Riverfront PMT meeting is scheduled for Tuesday, August 27, 2002 , 3 : 00 p.m. Second Floor Conference Rom, North Tower, City Hall . XIV. Adjourn There being no further business, the meeting adjourned at 4 : 10 p.m. Respectfully submitted, Sharon Pepke Recording Secretary Approved: September 24 , 2002 • , II Minutes Riverfront Project Management Team June 25, 2002 3 :00 p.m. Members Present: Mayor Ed Schock Norma Meiss, DNA Jack Cook, Kane Co. Preserve Ken M•ran, State Financial Olufemi Folarin, City of Elgin Leo N-1son, Chamber Ed Kelly, Hastert Rep. John .teffen, Attorney Doug Hoeft, State Rep. Stuar Wasilowski, Councilman Members Absent: Lynne Corrao, Metra Mike cCoy, Kane County Board Bruce Dahlquist, Architect Steve Rauschenberger, Senator Patricia Reid Lindner, State Rep. Randy Roberts, Grand Victoria Pat McAtee, Metra Mike crump, Promac Staff: Scott Chesney, Chesney & Associates Dave Frigo, Hitchcock Design Group Ray Moller, City of Elgin Sean Stegall, City of Elgin eft Grindstone Productions staff I. Call to Order Mayor Ed Schock welcomed all present aid called the meeting to order. II. Approval of Minutes The minutes from the April 23, 2002 eeting were approved as written. III. Announcements Staff from Grindstone Productions will be taping the meeting today. The Mayor mentioned that if anyone is unc.mfortable with being taped or if a subject that is to be discussed i- of a sensitive nature the taping will stop for that period of time. IV. Update on South Grove Residential Parr Development has received informatio on their market study for the South Grove Residential project and •.taff will be meeting with representatives from the company to review and discuss the results . Parr plans to move forward with the devel•pment by producing a first rate project, with Parr' s success also b-ing shared by the City. City staff is also reviewing consultor is for the position of Construction Manager for the Phase I of she Festival Park Project . The construction for the project is sche.uled to begin in August or September of this year, with bids going •ut soon. Riverfront Project Management Team Minuts June 25, 2002 Page 2 V. Update on Downtown Parking In the future, Staff will provide to the PMT committee brief summaries regarding ongoing projects in order to update and keep the committee members informed. A brief summary and outline for the Downton core parking was handed out . After discussion and issues that were addressed, the committee made a motion to move forward with the Grove Avenue site (bounded by Grove, Fulton and Villa) for a downtor parking garage . Staff has also suggested the creation of a parking management program by the PMT committee and the Downtown Neighborhood Association, which would outline prograM objectives in order to address and manage the use of parking Spaces effectively in the downtown, and also address existing and filiture parking issues . The program would be supported by information Provided by Walker Parking Consultants who have recently worked with the Downtown Parking Committee on some of these issues . VI. Update on NBD Site eft At the last PMT meeting Gallagher/Henry Developers made a brief presentation of their intention to compete for development of the NBD site for a mixed use project . A memo from Chesney & Associates outlined the discussion between Gallager/Henry and staff in regards to the development site. Representatives from ProMac have also been contacted in regards to their interest in selling their holdings for the project development . Staff will meet with ProMac to discuss a joint development agreement for the site . Results from that meeting will be shared with the PMT committee members at the July meeting. The recommendation from staff at this time would be to continue discussions with the developer, and when a proposal is submitted, staff will recommend a process for evaluation as well as consideration of other developers proposls . The PMT committee has requested more time in order to review the proposal from Gallager/Henry, and devote more time at the July meeting to further discuss the proposal . VII. Update on North Fox/Kimball Proie6t At the April PMT meeting, Gallager/Henry Developers presented a preliminary site plan for the North Fox/Kimball redevelopment area. A memo from Chesney & Associates outlined the discussion between Gallager/Henry and staff in regards to .he development site, and further discussion with the developer is necessary in order to review in-depth the proposal . Other projects have been proposed for this site, and staff will provide more detail on this project at the July PMT meeting. 1 rft. Riverfront Project Management Team Minutes June 25, 2002 Page 3 VIII. Report on Federal and State Funding Funding from the State for various projects for the riverfront is going well with the compensatory storage issue on the agenda for City Council discussion and review in order to move the project forward. The Federal funding is not going as well, with the money requested for the Festival Park project and the Kimball Underpass still in question. The competition i very tight for Federal funding on all levels considering the bu get crisis that the State and other communities are facing. S aff is still hopeful in acquiring the dollars for the projects i the near future. IX. Discussion of Downtown Riverfront Programming Ray thanked everyone that attended the dedication for the Phase I of the Riverfront Project . It was a huge success . Input was sought from the PMT committee regarding programing times for the Pavilion, fees, signage on and off the Island an area limitations. Dave Frigo, from Hitchcock Design Group will provide information from other communities as well as Naperville n these issues at the next PMT meeting, and he will also follow-up with the City of Elgin' s Parks and Recreation Department . eft 1 1 Scott suggested that a downtown recruitmeiit strategy be created with the City and the Downtown Neighborhodd Association partnering together on the project . X. Update on Master redevelopment Schedule Staff mentioned that information will be gathered, and all projects will be updated in summary form for thel committee to discuss and review at the July PMT meeting. 1 XI. Update on Elgin Entrepreneur Business Development Program Staff has recently met with the Technology Action Team (TAT) to better understand their objectives and working direction. Currently, the TAT committee does not h ve a business recruitment objective. Staff has modified the previo s proposed strategies for the Entrepreneur Business Development Program, and listed the recommendations for a plan of action hich was distributed and discussed. This is a true strategy to create a unique business package to present to future business developers relocating to the Elgin area in which, at the present time no one else is pursuing. Class "A" office space, which now exist on the westside near the tollway, would be the best area to targe and test the start of the e program, refine the concept (once the p ogram is up and running) , and then apply the program to link servic s, offer opportunities and target specific areas for new businesses to relocate in the downtown corridor. r Riverfront Project Management Team Minutes June 25, 2002 Page 4 For the July meeting, Scott will providela matrix that will outline the proposed program, and can then be discussed further by the committee members . XII. Other Business Staff will be meeting with Jim Krenz regarding a proposal for development at Kimball and North Grove 'iAvenue. The proposal and discussion will be on the agenda for thel July meeting. Scott mentioned that recently there waslan article in the Chicago Tribune which mentioned the increase of�l home values in the area, with the City of Elgin' s home value apprciating by 23 percent, and Oak Park being the only suburb with a h'gher percentage increase. This is good news for the housing market in the Elgin area. XIII. Next Meeting Date The next Riverfront PMT meeting is scheduled for Tuesday, July 23, 2002, 3 : 00 p.m. at City Hall, Second Fl or Conference Room, North Tower. XIV. Adjourn There being no further business, the meeting adjourned at 5 : 05 p.m. Respectfully submitted, APPROVED 7/23/02 Sharon Pep Recording Recording Secretary r Minutes Riverfront Project Management Team February 26, 2002 3 : 00 p.m. Members Present: Mayor Ed Schock, Chairman Ken Moran, State Financial Jack Cook, Kane Co . Preserve Leo Nelson, Chamber Bruce Dahlquist John Steffen, Attorney Olufemi Folarin, City of Elgin Mike Trump, Promac Doug Hoeft, State Rep. Members Absent: Lynn Corrao, Metra Pat McAtee, Metra Pete Dominguez, Grand Victoria Mike McCoy, Kane Co. Board Ed Kelly, Hastert Rep. Steve Rauschenberger, Senator Patricia Reid Lindner, State Rep . Stuart Wasilowski , Councilman Norma Meiss, DNA Staff: Tom Armstrong, City of Elgin Mark Biernacki, City of Elgin Scott Chesney, Vandewalle & Associates Lauren Kieck, City of Elgin Ray Moller, City of Elgin Sarosh Saher, City of Elgin I. Call to Order Mayor Ed Schock welcomed all present and called the meeting to order. II . Approval of Minutes The minutes from the January 22, 2002 , meeting were approved as written. III . Announcements None . IV. Revised 2002 PMT Meeting Schedule The revised 2002 PMT Meeting Schedule that was distributed to the committee members was discussed in regard S to the change made for the March meeting. The revised schedule washadopted as written. V. Update on South Grove ResidentialAproject The Development Agreement with the Parr Group has been approved, and Ray Moller and Leo Nelson have met with the marketing committee to do an evaluation and to let them know that the City is committed to working with them. / Project Management Team Minutes February 26, 2002 Page 2 There are still legal issues to deal with in regards to the flood plain, issues regarding the Compensatory Storage and environmental issues that may have to be dealt with in Ithe future . Scott suggested that the staff put together a timeline of events regarding the South Grove Residential Prod ct for the next PMT meeting so that the committee can review and dis uss the materials and have a better understanding of how the project will progress . VI. Update on North Kimball Residential Development Representative Doug Hoeft mentioned that the City has received approval for $5 million dollars from the State of Illinois for the development of the salvage yard site . TIJie area is a critical piece of the puzzle for the planned upscale residential development project . VII. Update on NBD Site A development firm (Gallagher/Henry) has shown an interest in developing a major downtown site (NBD or Kimball) . They have done many projects, and the company has been arOund for more than 50 years . The company is interested in developing a site for residential/business use including on-site parking. VIII . Review of Lawrence Avenue Residential Project A development group presented to the PMT committee a proposal for a residential development located on State Street and Lawrence Avenue . The project would consist of 54 condo units (18 units per floor, 3 levels) , 64 indoor parking spaces and 18 v sitor spaces with entrances off of Route 31 and the rear of the comp ex, and would be completed in two phases . There are 2 parcels of land involved in the development site, with the North lot under investigation for purchase . The site plan also includes a burm on tl+ West side of the building in order to create a buffer between the units and the existing railroad tracks . The base price for a unit is approximately $170, 000, with the average unit priced at about $180 , 000 (which includes upgrades) , and the average space per unit is about 1300 square feet . The building will consist of a stone base, with red and brown brick used on the face of the building. Most of the units will face the riverfront . The proposed project will alSo include a lobby or atrium, elevators, storage locker units and a party room. An association is also planned for this development . The grOup ended there presentation by adding that they are open to suggestions from the City. City staff updated the committee on their recommendations for the development of the site . While the developer has incorporated about 90% of the City' s recommendations, other changes have been suggested such as bigger windows, refine the design of the balcony and cornices, stager the elevation on the front of the building and add detail to the lower level parking openings . 1 Y 1 Project Management Team Minutes February 26, 2002 Page 3 For the location, this is a good developrryent project, and the price range is also appropriate. Staff would life the developers to improve on the design element before the project Moves forward. IX. Review & Discussion of Elgin Entrepreneur Program The committee reviewed and discussed the Elgin Entrepreneur Program that was distributed at last month' s meeting. The Technology Action Team (TAT) is also reviewing this as well . The program would create a unique and sustainable business development vision and implementation program and also create lass A space in order to attract businesses to downtown Elgin. The Mayor said that he likes the way Ithe program takes a more aggressive stance on attracting businesses to Elgin instead of just sitting back and waiting for it to happen. This would also be a more civic approach to developing businesses in the downtown area. Scott mentioned that the next step in the process is to add more benefits to the program. X. Other Business South Grove Update: Ray mentioned that he will be meeting with Ron Cope regarding the parking deck in order to moved the project forward. Ray will update the committee at a future, meeting on the progress of the project . Elgin Day: The trip to Springfield for Er in Day went very well, and City staff met with, and had very good dis ussions with many agencies. Staff may want to consider doing this ann ally, in order to interact with Representatives and to keep updated on the funding opportunities that may be available to the City. XI. Next Meeting Date The next PMT meeting is scheduled for Tu sday, March 19, 2002 , 3 : 00 p.m. , Downtown Neighborhood Association ffice, 2 Douglas Avenue. XII. Adjourn There being no further business, the meeting adjourned at 4 :40 p.m. Respectfully submitted, (I -nett c(1 .7qtokft___ Sharon Pepke Recording Secretary Approved: April 23 , 2002 . Minutes Riverfront Project Management Team January 22, 2002 3 : 00 p.m. Members Present: Jack Cook, Kane Co. Preserve Ken MOran, State Financial Doug Hoeft, State Rep. Leo Nelson, Chamber Ed Kelly, Hastert Rep. John Steffen, Attorney Norma Meiss, DNA Stuart Wasilowski, Councilman Members Absent: Mayor Ed Schock Pat MCAtee, Metra Lynn Corrao, Metra Mike I1cCoy, Kane Co. Board Bruce Dahlquist Joyce Parker, City of Elgin Pete Dominguez, Grand Victoria Steve Rauschenberger, Senator Patricia Reid Lindner, State Rep. Mike trump, Promac Staff: Mark Biernacki, City of Elgin Scott Chesney, Vandewalle & Associates Bill Cogley, City of Elgin `Ferri Folarin, City of Elgin Ray Moller, City of Elgin Sean Stegall, City of Elgin I . Call to Order In the absence of Mayor Ed Schock, Stuart Wasilowski assumed the roll of chairman and called the meeting to order. II. Approval of Minutes The minutes from the November 27, 2001 meeting were approved as written. III . Announcements Stuart mentioned that the Riverfront Action Committee (RAC) is distributing fund-raising brochures to s11 such items as bricks, benches, trees and light poles . The ite s are selling well . If anyone is interested in purchasing an iters or would like brochures to pass out, please see Ray. John Steffen also announced that Lieutenant Governor Corrine Wood will be in Elgin on Tuesday, February 19th, at 3 : 00 p.m. , at the Downtown Neighborhood Offices to dedicat Elgin as a Main Street Community. 1 Project Management Team Minutes January 22 , 2002 Page 2 IV. 2002 Project Management Team Mee4ng Schedule A schedule listing the Project Management Team upcoming meetings for 2002 were included in the packets that were mailed to the committee members . The only date in question is March 26 which might be during spring break. Staff will check on this date, and update and revise the schedule if necessary. Otherwise, all other schedule dates were accepted as written. V. Update on South Grove Residential Development Agreement Bill Cogley updated the committee on where the negotiations are with Par Development, the company who is proposing to develop the South Grove site . The City met with the •eveloper on December 17`r' to review and revise the development agre-ment . Only 3 issues are outstanding, and answers to those should •e forthcoming soon. The City is targeting the February 13 , 2002 C•uncil meeting to have the agreement approved by the City Council . The proposed development includes not le-.s than 60 Condos and 116 Townhomes for the South Grove site . The D-velopment, when finished will have an assessed value of $11 Millio , with $800, 000 per year in property tax revenue. The City is still working on issues with he Railroad Right-of-way and also acquiring the Coin Shop. The co ittee will be updated on issues related to this development as th y are addressed. VI. 2002 Riverfront Budget Review Sean referred to the handout regardi g the 2002 Budget and information relating to monies appropriat-d for the Riverfront and the Center City. Within the budget, money is allocated for specific Riverfront projects for the 2002 fiscal year. Additional funds may be available for future riverf' ont projects due to the possible sale of property that the Cit owns at the Fox Bluff Corporate Center. The City has also received approximately $1 . 0 Million from the State of Illinois for t e Festival Park Project . VII . Other Business Scott presented a proposal that was dev:loped by Vandewalle and Associates for review by the PMT C.mmittee for an Elgin Entrepreneur Business Development Progi am. He outlined the objective of the program and listed many of the projects elements that are included in the package . Becau-e the projector was not working properly, a hard copy will be mailed out to the PMT Committee Members for their review, and : discussion of the plan along with questions and comments will •e scheduled at the next meeting. Project Management Team Minutes January 22 , 2002 Page 3 VIII. Next Meeting Date The next PMT meeting is scheduled for Tuesday, February 26, 2002 , 3 : 00 p.m. , Downtown Neighborhood Association Office, 2 Douglas Avenue . IX. Adjourn There being no further business, the meeting adjourned at 4 : 12 p.m. Respectfully submitted, r Sharon Pepke Recording Secretary Approved: February 26 , 2002