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1200 County -City Building, 227 West Jefferson, South Bend, Indiana 46601 -1830 Phone 574/235 -9371 Fax 574/235 -9021
To: Redevelopment Commission
From: David Relos, Economic Development Planner
Subject: Staff Report & Presentation — Jefferson & Niles Development Plan
Date: June 14, 2011
Today for your consideration is a preliminary development plan for the corner of Jefferson
and Niles, referred to as the Troegger (Sheet Metal) site. It is a 1.266 acre site, which was
acquired by the Commission in December 2010. This property was put through the
disposition process in 2011, concluding with the receipt of no bids on April 26, 2011.
Mr. David Matthews has approached the department with development plans for this site.
Similar to Mr. Matthew's site plan for the Rink site, this development would include 10
townhouse style condominiums with two potential commercial buildings. Expected starting
prices will be in the $200,000 range. Units will be approximately 1,400 square feet, 2 '/2
story, all brick, 3 bedroom, 3'/2 bath with 2 car attached garages.
The contract for sale is currently being drafted, but as with the Rink site, will include
Commission approval for the final site plan and development specifications, a completion
date of 36 months, use restrictions, etc.
The selling price of the parcel is $10, with the developer agreeing not to seek tax
abatements for the project (5 year tax savings on 10 units approximated at $93,000).
Under this plan, the developer is asking for no further Commission financial participation.
As part of this development, the plans call for 77 guest and street parking spaces along
Jefferson, Washington, and behind the building.
Attached are the preliminary site plans for the development. Mr. Matthews will provide a
more detailed presentation of his development plans at the Commission's meeting. Staff
requests approval of these preliminary site plans, and to proceed with the contract for sale
and final site plans and design specifications.
What We Do Today Makes A Difference!
River Race Townhome Development
(C) David Matthews 2011
Parking:
77 Guest & street
22 Interior garage
afl_
22 Exterior driveway
121 Total
Parking / unit:
Spots/unit: 12.1
Required: 1.5
Building Summary:
107ownhouses
1 Commercial/mixed use
DL 71
1 Park -future commercial
River Race Townhome Development
(C) David Matthews 2011
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TYPICAL ELEVATION
SCALE: 1/4 " =1' -0"