Cincinnati City Council is considering two ordinances that would help developer Vernon Manor Offices, LLC (Al. Neyer, Inc.) turn the former Vernon Manor Hotel into a modern office space for 600 Cincinnati Children's Hospital Medical Center (CCHMC) back office employees.
The first ordinance would execute an installment agreement with the developer, allowing the City to expend funds from the Corryville tax increment financing (TIF) district to purchase property for a $10.4 million, 440-space public parking garage at the .
A second ordinance would authorize a 25-year lease and management agreement with Al. Neyer for the parking garage. At the end of the lease, control of the garage and property would revert to the developer.
The developer plans to gut the interior of the former hotel, which closed at the end of March, and create 156,000 square feet of office space. An existing parking structure on the site would be demolished, and 133 surface parking spaces would be created.
The entire project is expected to cost more than $37 million.
CCHMC's move is expected to free up space on its main campus, allowing the hospital to hire up to 600 new employees over the next five years. A separate ordinance authorizing a 17-year lease on the building is expected soon.
According to project timelines, CCHMC is expected to move in by spring 2011.
Both the community councils of Avondale and Corryville support the project.
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6 comments:
I'm guessing the garage would be built at the southwest corner of E. University and Burnet? If so that would mean more demolitions in Corryville. That sucks.
I concur. Just what Cincinnati needs, more parking spaces/garages.
Randy, the map is tilted an hard to read, but the parking garage would be on the southeast corner of Burnet and E University, where the current parking structure is.
Surprise, surprise, surprise! I saw this coming long ago. Why else would Childrens buy all that property, tear down Historic houses, re-grade the landscape all for that dinky office building across the street which already has nothing but parking behind it. Why is that HUGE lot (owned by Jewish Hospital?) where Columbian School used to be, sitting empty all of the time? Children's also owns the building/lot where the Milk Fund organization used to be on MLK between Burnet and Harvey - it's empty.
There are only three structures left on the block besides The Vernon Manor. One multi level parking garage - part of the VM, one multi level parking/storage building and one sort of Deco apartment building.
There is nothing ambiguous about the map shown above, it is dead on correct. Anyone (except one person) could figure it out. And I believe the entire block is considered to be in Avondale not Corryville.
And why wouldn't the councils back this garage plan, the integrety of the neighborhood has already been severely disfigured. It is beginning to look like any other hospital campus.
It is obvious why Avondale in the beginning developed so beautifully. The little hills of Avondale are unlike any other neighborhood and so far all of Children's garages seem to be on top of one. Gee, what a great use.
Children's has a long range agenda with out care for its surroundings or neighbors.
the surface parking fronting Vernon Place takes the land occupied or formerly occupied by three huge gorgeous houses that were once part of the A.M. Kinney complex. the AMK building across the street is now the Children's for Children building. the white house on the corner of Vernon & University is gone: it was AMK Sr.s and then Jr.s office. the interior designers worked in one of the other 2 houses.
Project is $37 million and the city kicks in 10.4 million?
Why can't all of us get such a deal?prans
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