Mendo

True I admit. Though I'd contend the economics in the region will prevent high rises on the lakefront anyway.

You can't mothballed it for free. Returning money to the FAA that's already been spent is spending money. Security and maintenance is spending money. You posting on behalf of somebody else explains why you are here spinning opinion as facts. Based on the dwindling numbers maybe we should close the county airport first.

Who believes this crap? Burke existing isn't preventing any of that from happening.

How much will it cost the public to close Burke and convert it to a park? You complain about how much we subsidize it every year but won't acknowledge how much the alternatives will cost. You can't mothball Burke without spending a ton of money. Starting with returning money to the FAA that's already been spent. Then ongoing security, HVAC, etc, all adds up. I'm beginning to wonder if you are backed by someone at the county airport.

Everybody on this board has an agenda in some shape or form. Your posts, on the other hand, have the stink of somebody else's agenda, which makes it impossible to have an honest discussion. You present opinions as facts and then move the goalposts when somebody calls you on it. For example, you want Burke developed as a park but when asked about the cost involved, you instead just want it mothballed? Sure... About the income and sales tax, not necessarily if they move to the county airport or disappear entirely.

Pro bono, huh. Then on who's behalf are you posting? Answer the question: How much do you think it will cost to demo Burke, remediate the land, and convert it to a park? For honesty's sake include whatever infrastructure that would go along with it, like new access roads, parking lots, commercial use, etc. And the money that has to be returned to the FAA. From your article: Hopkins will have something like 10 million passengers this year. So each passenger is contributing 13 cents to subsidize direct Burke operating costs. The article doesn't include income and sales taxes generated on site. I wouldn't expect it to be much, but when you have a narrative to push you don't miss a chance to exclude data not in your favor.

Too expensive? How much do you suppose it would cost to turn Burke into a park. And who is paying you to post here again?

Perhaps not, but it would explain why you keep presenting opinion as fact. I noticed you didn't answer the question.

What's the point of uplighting a reflective glass tower?

The nuCLEus site is around 3 acres. The Jacobs lot on Public Square is 1.2 acres. Whether that's enough depends on how tall they are willing to go. I think that's why everybody is thinking it would be a joint venture on the adjacent Weston lots.

It was said upthread, and bears repeating over and over. Stark bought this building knowing its historic significance. He did nothing with it for 5 years only letting it deteriorate more. He gets no sympathy from me.

^ Speaking of which, I'm curious who's paying you to post here.

Ah.

You mean CrossCountry Mortgage? Their president said earlier this year the leading properties are the old VA site and a site in Midtown. That Midtown parcel was bought earlier this year by an investor group that their president is a part of. https://www.cleveland.com/business/2019/01/investors-buy-6-acre-block-at-downtown-clevelands-eastern-edge-for-development-possible-corporate-hq.html

Not quite. It also increased the credit to 100% up to 2.5%, so if you live in Cleveland and work elsewhere your Cleveland taxes probably went down. It's hard to tell how much of a difference that makes overall since most of the income tax money comes from non-residents so the credit wouldn't be relevant to them.

Pictures posted to the agenda for later this week. http://planning.city.cleveland.oh.us/designreview/drcagenda/2019/09062019/index.php

Mingo was clearly the center piece of that trade.

That's good news. I remember a year or two ago Stark's lot was listed for sale. Better to get it out of his hands if he's got no stomach for developing it.

No. NuCLEus and FEB didn't get a 100% abatement for the commercial parts of the development. Stark asked for a TIF for the full amount of the non-residential portion and was denied. What he got was the "standard" TIF which excludes the share that goes to CMSD. What Harbor Bay requested was unprecedented and the city was smart to step in. If they negotiate something more inline with the typical subsidy, fine at least they aren't continually moving the bar.

Financing is usually contingent on the developer getting city approval, like certs of appropriateness and demo permits, not the other way around. Besides that, financing falls apart all the time. Nothing is official until loans are closed and that won't happen until a few weeks before ground breaking long after demo permits have been issued. For example?

Its not the city's responsibility to make sure they have financing in place before approving demolition permits. My comment about the residential abatement is fact. Your statement compares apples to oranges. As for the rest of comment yes its opinion. That's what we do here.

This isn't quite right. The 15 year 100% abatement is only for the residential part of the development. The TIF, which we've now seen reguarly, would be for the non-school portion of the remainder (in this case office and retail). Harbor Bay's empty retail plaza is solely their fault for putting the cart before the horse. Those letters of support are mostly worthless. Except for Councilman McCormack, the rest are trades and non-profits. I didn't get a chance to read the Aug 13 measure yet. Did it include any contingincies or drawbacks if the office workers are simply relocated from somewhere else in Cleveland? Otherwise their promises of "new jobs" is empty.

David Koch is rolling over in his grave.

^ Thanks for the overview. I'd think having more stakeholders makes it more likely to get done, since there's more funding opportunity. The multimodel center for example had buy-in from Amtrak, Greyhound, and RTA.

Nice article. Hopefully the convention stays in Cleveland.