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Community & Economic Development
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: River Race Townhomes Items Precedent to Closing
Jefferson & Niles ( Troeger site)
Date: April 10, 2012
On June 14, 2011, the Commission was presented with preliminary development plans from
David Matthews for the Troeger site, at the northeast corner of Jefferson and Niles. On
June 28, 2011, the Commission approved an Agreement for Sale of Land with Mr.
Matthews for this property. As part of this Agreement, Mr. Matthews will construct 10
townhomes as seen in the attached plan, and not seek tax abatements on the
development.
Items precedent to closing are:
1. Commission approval of the final site plan and development specifications
2. Proof of financing
3. View rights agreement
4. Favorable environmental conditions
Item 2 is satisfied via this project being self- financed by Mr. Matthews.
Item 3 was completed via a view easement granted by the Redevelopment Authority.
Item 4 was completed via further environmental study.
Today Mr. Matthews presents Item 1, the final site plan and building specifications, for your
approval.
Staff requests Commission approval of the final site plan and building specifications, to
allow the development of this site into 10 single family townhomes.
What We Do Today Makes A Difference!
River Race Development, LLC
PO Box 338
Notre Dame, IN 46556
Enclosed within are the final site plan and development specifications for the Rive Race
Development (Niles Ave). The development contract requires the construction of 10
townhouses, which will face Niles Ave and the East Race. The River Race Plaza (south of the
townhouses) is shown as the current expectation of how the site will be built out in the future,
after its marketability and highest and best use is determined.
The site plan consists of 10 townhouses facing Niles Ave., with front yards, rear loaded garages
and parallel parking along both sides of Niles (as part of the City's Niles Ave sewer project).
Materials
• All masonry townhomes with exterior brick, stone (or stone equivalent), minor trim in
wood or fiber cement board, and aluminum.
Design (may vary)
• Two or three story townhomes with (optional) bay windows and 2nd floor porches
• Rooftop decks (optional, similar to the East Bank Townhomes)
• Basements
• 1800 — 3,200 square feet
• 2 car attached garage
www.RiverRaceSB.com (574) 607 - 4271 info @RiverRaceSB.com
Floor Plans (sample)
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Elevations (sample)
Standard 2 story (with small front porch)
Artistic Render 2 stories (Bay window, 2nd floor porch)
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Dimensioned Drawings (larger available from the developer)
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