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  <title>Middletown Forum : Luxury Apartments</title>
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   <title>Luxury Apartments :    VietVet wrote:Robin Springs,...</title>
   <link>http://www.middletownusa.com/forum/forum_posts.asp?TID=6004&amp;PID=44965&amp;title=luxury-apartments#44965</link>
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    <![CDATA[<strong>Author:</strong> <a href="http://www.middletownusa.com/forum/member_profile.asp?PF=1445">Trotwood</a><br /><strong>Subject:</strong> 6004<br /><strong>Posted:</strong> Feb&nbsp;19&nbsp;2015 at 1:19am<br /><br /><table width="99%"><tr><td class="BBquote"><img src="forum_images/quote_box.png" title="Originally posted by VietVet" alt="Originally posted by VietVet" style="vertical-align: text-bottom;" /> <strong>VietVet wrote:</strong><br /><br />Robin Springs, up the hill from this location, started out as a complex for professionals, the same plan for this new site. Now, we see that Robin Springs is a HUD/Section 8 complex. <br><br>It will be interesting to watch whether the plans come true as the occupancy becomes upscale income professionals, or, in time, will it go the way of Robin Springs? Somehow, it is easier to envision the HUD route than the professional idea, given the end results of so many early-in-the-game upscale ideas in this city. We shall see.</td></tr></table><div><br></div><div>I would expect the latter to be the case.</div><div><br></div><div>Product gets old, especially poorly built and conceived housing product. &nbsp;Basically, if there's no reason to need it after 10 years, then why use it?</div><div><br></div><div>Robin Springs is a great example. Sure, in its time (late '80's/ early '90's) it was highly desirable, in style, and the place to be. Now it's just old product in a unmemorable location. Same will probably go for this complex 20 years from now.</div><div><br></div><div>Again, that's why building walkable communities with a sense of place is imperative. Build communities people value so they don't flee quickly to the next iteration of them when it comes.&nbsp;</div>]]>
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   <pubDate>Thu, 19 Feb 2015 01:19:26 +0000</pubDate>
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   <title>Luxury Apartments : Robin Springs, up the hill from...</title>
   <link>http://www.middletownusa.com/forum/forum_posts.asp?TID=6004&amp;PID=44961&amp;title=luxury-apartments#44961</link>
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    <![CDATA[<strong>Author:</strong> <a href="http://www.middletownusa.com/forum/member_profile.asp?PF=114">VietVet</a><br /><strong>Subject:</strong> 6004<br /><strong>Posted:</strong> Feb&nbsp;18&nbsp;2015 at 6:59pm<br /><br />Robin Springs, up the hill from this location, started out as a complex for professionals, the same plan for this new site. Now, we see that Robin Springs is a HUD/Section 8 complex. <br /><br />It will be interesting to watch whether the plans come true as the occupancy becomes upscale income professionals, or, in time, will it go the way of Robin Springs? Somehow, it is easier to envision the HUD route than the professional idea, given the end results of so many early-in-the-game upscale ideas in this city. We shall see. ]]>
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   <pubDate>Wed, 18 Feb 2015 18:59:53 +0000</pubDate>
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   <title>Luxury Apartments : Posted: 1:31 p.m. Wednesday,...</title>
   <link>http://www.middletownusa.com/forum/forum_posts.asp?TID=6004&amp;PID=44959&amp;title=luxury-apartments#44959</link>
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    <![CDATA[<strong>Author:</strong> <a href="http://www.middletownusa.com/forum/member_profile.asp?PF=115">Vivian Moon</a><br /><strong>Subject:</strong> 6004<br /><strong>Posted:</strong> Feb&nbsp;18&nbsp;2015 at 4:53pm<br /><br /><p style="margin: 0in 0in 0.0001pt; line-height: 10.8pt; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 8.5pt; font-family: Arial;">Posted: 1:31 p.m.Wednesday, Feb. 18, 2015<o:p></o:p></span></p><h1 style="margin: 0in 0in 7.5pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 18pt; font-family: Arial;">Luxury apartments one step closer in Middletown<o:p></o:p></span></h1><p ="cmcredit" style="margin: 0in 0in 0.0001pt; line-height: 18pt; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">By<span ="apple-c&#111;nverted-space">&nbsp;</span><a href="http://www.journal-news.com/staff/ed-richter/" target="_blank" rel="nofollow"><span style="color:black;border:n&#111;ne text 1.0pt;mso-border-alt:n&#111;ne text 0in;  padding:0in">Ed Richter</span></a><o:p></o:p></span></p><p ="cmsource" style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">Staff Writer<o:p></o:p></span></p><p ="cmdateline" style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><b><span style="font-size: 10pt; font-family: Arial;">MIDDLETOWN —<span ="apple-c&#111;nverted-space">&nbsp;</span><o:p></o:p></span></b></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; A proposed $20 million, 216-apartmentcommunity for South Towne Boulevard had no opponents during a public hearingTuesday held by Middletown City Council and will proceed with the completion offinal development plans.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; Fred Burns Builder Development Team, aKentucky developer of luxury apartment communities, also received approval onan emergency resolution for the planned use modification development plan sothat project can get through the final plan approval process quicker and beginconstruction at the earliest opportunity. The final plans are expected to besubmitted to the city for review by March 18 and for final development approvalby the Planning &nbsp;&nbsp;&nbsp;&nbsp;Commission in April,according to Art Hardin, president of Calibre Engineering in Centerville.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; Tonya Burns of the development company saidcouncil’s approval of Nicholas Place will enable the project breaking ground inApril or May. She has said that the first apartments could be ready foroccupancy in late 2015 and into 2016.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; The 22.44-acre tract was previouslyapproved several years ago for a similar-sized apartment community. The projectwill be the first new upscale market-rate apartments built in Middletown inmore than 30 years, according to city Planner Marty Kohler. The new apartmenthomes are designed to attract new residents who may not want to be home buyers.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; According to Planning Commission documents,the site also has another 8.39-acres that is also being planned for retaildevelopment. That part of the city is served by the Lebanon City SchoolDistrict.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; The site was originally approved for asimilar-sized apartment community that was to be called Wellington Manor in2007 and an expansion was approved in 2008. The Planning Commission and CityCouncil approved a new development plan in 2011, but no construction ever beganon the site.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; “The Nicholas Place Apartments will be thefirst new residential apartments built in Middletown in several years,” saidDenise Hamet, Middletown’s economic development director. “We are pleased thatthis project will be moving forward. It speaks to the vibrancy and continuedgrowth and investment in the Renaissance District, which includes the openingof a new Hampton Inn two years ago and the recent Kroger expansion.”<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; The family-owned company has developed anumber of properties of this size and just completed a similar-sized luxuryapartment community in LaGrange, Ky., just outside of Louisville. TheMiddletown project will be the company’s first venture into Ohio<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; She said the company currently owns inexcess of 1,200 units in seven properties in Kentucky, including four apartmentproperties in Northern Kentucky communities of Florence, Independence andBurlington.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; Burns, who was unable to attend Tuesday’scouncil meeting due to the severe winter weather conditions, said, “We’re realthrilled about this.”<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; “We’re so excited and we can’t wait to getup there,” she said. “We like to build as soon as we get the final approvals.That’s when the fun starts (of building).”<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; The Middletown site has 22.4 acres and willhave nine buildings with 24 units, each of two- and three-bedroom apartments.The average unit will have about 1,145 square feet of floor space and 95percent will have brick exteriors.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; The community would include amenities suchas a pool, clubhouse/fitness room, playground, garage spaces, community garden,a dog park and basketball court. Of the 216 planned units, plans call for 144two-bedroom units and 72 three-bedroom units. Burns declined to give a specificprice point for the units, but did say they would be market rate.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; Although there was no opposition atTuesday’s public hearing conducted by council, one resident, Kevin Banks, ofArbor Court in the Bridgewood Villas subdivision south of the proposed complex,sent a note opposing the project. He could not attend the meeting due to hiswork schedule.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; He reiterated the same objections that hesent to the Planning Commission which included having such a large apartmentcommunity located near his home, the need to fix the city’s roads andinfrastructure, and ridding the city of its aging and deserted buildings. “All(of) this (is) needed and Middletown puts up lighted pillars along (Ohio) 122.Come on people,” he wrote.<o:p></o:p></span></p><p style="margin: 0in 0in 0.0001pt; line-height: 18pt; outline: 0px; -: initial; -attachment: initial; -size: initial; -origin: initial; -clip: initial; -: initial; -repeat: initial;"><span style="font-size: 10pt; font-family: Arial;">&nbsp;&nbsp;&nbsp; City officials said the property is in theEast End Tax Increment Financing district and the new property valuation andresulting taxes would contribute to the retirement of the debt for theconstruction of South Towne Boulevard. The project would also result in a$97,200 park impact fee for new park acquisition or capital improvements. Therewill be additional costs for City services for the new residents.<o:p></o:p></span></p><p ="Ms&#111;normal"><span style="font-size: 10pt;">&nbsp;</span></p>]]>
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   <pubDate>Wed, 18 Feb 2015 16:53:23 +0000</pubDate>
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