Walking the main drag of Central Avenue

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   I have to say last year I spent 6-7 months negotiating a lease with a Middletown Landlord for 1500 sq. ft. for my Business.  After that 6-7 months I came away with a signed contract.  I wonder how long Middletown has spent on this deal?  Why does it appear that nothing is in writing, signed and binding?  

Also Someone please inform the Journal that there are no Loans involved with the Pendleton Art Center, "For its two major downtown projects announced in 2010, the city has promised up to $450,000 in loans and grants to the Pendleton Art Center......."  Verdin never owes the City or it's citizens a dime whether the Art center is a success or not.

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Pacman Members Profile Send Private Message Find Members Posts Add to Buddy List Prominent MUSA Citizen Joined: Jun 02 2007 Status: Offline Points: 2612	Post Options Post Reply Quote Pacman Report Post Thanks(0) Quote Reply Posted: Nov 28 2010 at 11:26am
	I have to say last year I spent 6-7 months negotiating a lease with a Middletown Landlord for 1500 sq. ft. for my Business. After that 6-7 months I came away with a signed contract. I wonder how long Middletown has spent on this deal? Why does it appear that nothing is in writing, signed and binding? Also Someone please inform the Journal that there are no Loans involved with the Pendleton Art Center, "For its two major downtown projects announced in 2010, the city has promised up to $450,000 in loans and grants to the Pendleton Art Center......." Verdin never owes the City or it's citizens a dime whether the Art center is a success or not.

SupportMiddletown Members Profile Send Private Message Find Members Posts Add to Buddy List MUSA Resident Joined: Nov 01 2009 Status: Offline Points: 181	Post Options Post Reply Quote SupportMiddletown Report Post Thanks(0) Quote Reply Posted: Nov 28 2010 at 11:25am
	^If you remember, Cincinnati State is not paying the $20 million themselves. By partnering with Middletown, the city buys the land and buildings and foundations/corporations/city pays for a significant part of their renovation. They will likely get a campus much cheaper than if they built in a greenfield in the suburbs, where land is expensive and governments and foundations are not as willing to finance things.

acclaro Members Profile Send Private Message Find Members Posts Add to Buddy List Prominent MUSA Citizen Joined: Jul 01 2009 Status: Offline Points: 1878	Post Options Post Reply Quote acclaro Report Post Thanks(0) Quote Reply Posted: Nov 28 2010 at 11:00am
	Hmmm, this seems to be a rather bad move by Cinci state. They want to expand into Butler Cty and lease. Why pay $20 Mm to renovate, and then lease payments? Why not find the building you want, or have it built, and lease it, with no renovation? Their goal is to expand into Butler Cty? Why not target an area between West Chester and Mason? Their due diligence seems to be as bad as the city of Middletown's. It looks Middleton's drive more orieneted towards protecting the historic area (didn't realize there was high demand there, as much as anything. Cinci State said it could be years before its break-even, and that's not that important? Memo to Trustees of Cincinnati State: how much square ft to you need? Would it not be more economical to find or have someone build your building, which you lease after everything is new? AK left because it was too costly to maintain the renovations in their older building (paid for many years ago), and leased in West Chester, where they also avoid property taxes (another wonderful benefit of leasing). But Cincinnati State thinks its better to renovate old buikding for $20 Mm, then lease from city? This is filled with so many holes, a Board of Directors on any responsible company, let along a Fortune 500, would shot it down. Really, one of the strangest "marriages" as to why I have seen. Well, O'dell will figure it out surely. As will city council. Looks to be the blind leading the blind, with not even a one eyed king to be found. Good luck with this one.

Nelson...Himself Members Profile Send Private Message Find Members Posts Add to Buddy List MUSA Resident Joined: Sep 08 2010 Status: Offline Points: 69	Post Options Post Reply Quote Nelson...Himself Report Post Thanks(0) Quote Reply Posted: Nov 28 2010 at 8:10am
	City has high hopes for revitalization projects Art center and Cincinnati State branch campus take more feasible approach, says mayor. By Jessica Heffner, Staff Writer 1:22 AM Sunday, November 28, 2010 MIDDLETOWN — Walking the main drag of Central Avenue through the center of downtown, counting the 37 vacant storefronts that line the street, it’s hard to imagine Middletown is on its way up............. http://www.middletownjournal.com/news/middletown-news/city-has-high-hopes-for-revitalization-projects--1015070.html

Walking the main drag of Central Avenue

City has high hopes for revitalization projects

Art center and Cincinnati State branch campus take more feasible approach, says mayor.