Justice writes "
The Grandview Yard first phase, with an
estimated price tag of $40 million, was presented to Grandview
Heights' planning commission. Dispatch story, a post on CU with
renderings of the buildings. This part of the development will
include a 126-room Hyatt hotel, an Urban Active Fitness Center, a
Deli, a three-story office building, and a two story parking
When they still
have no major retail signed and are starting construction in the
“hope that it will generate more interest”, I fail to see how
this is sign that the full plans for the G.Y. have any more chance of
coming to fruition. Without a recovery in the economy there is no
reason to think any additional construction will be on the way.
At least one school
board member is thinking about the future that the planned 475 (number from the second round of projections by NRI) residential units might bring. From the Tri-V story:
said agreement advancements continue, one board member was
unsatisfied with residential plans for the Yard. Board member Gary
Heydinger expressed his concerns that not placing limits on
residential units for the evolving project could place undue strain
on the district.
"I think now's the time to put some limits
on it," Heydinger said. Large numbers of family-sized units
could bring a large number of students to the district, and large
numbers of smaller units could bring negative votes to future school
levies, Heydinger said.
If the Yard is built with the full
number of residential units set in the plans, Grandview schools might
be hit with a flood of new students. The anticipated tax revenue
would be eaten if a new school had to be built for a large additional
number of kids.
(Later) This story in the TWG has an unusual quote by school super O'Reilly. When asked about a cap on the residential units in G.Y., he said:
"If we (put in) a cap, than the 11 percent is gone and other pieces are gone," O'Reilly said. The way I look at it is to get a cap we would be giving away a lot of
money for something that more than likely won't happen," he said. "We
will be giving up a lot of money on the small chance that a lot of kids
will be added."
More on this later with an email from O'Reilly.