Middletown Forum : Goetz Tower Project Status? http://www.middletownusa.com/forum/ This is an XML content feed of; Middletown Forum : Community Revitalization : Goetz Tower Project Status? Tue, 06 Oct 2026 14:52:45 +0000 Thu, 13 Jul 2017 08:48:14 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 10.12 360 www.middletownusa.com/forum/RSS_post_feed.asp?TID=6502 Middletown Forum http://middletownusa.com/images/blog-logo.jpg http://www.middletownusa.com/forum/ Goetz Tower Project Status? : Spider- I believe Doug posted... http://www.middletownusa.com/forum/forum_posts.asp?TID=6502&PID=48587&title=goetz-tower-project-status#48587 Author: swohio75
Subject: 6502
Posted: Jul 13 2017 at 8:48am

Spider- I believe Doug posted here (I don't have time to find the post) that the city would not start paying rent until occupancy.  

The original timeline called for the project to be complete by Dec 2017.
]]> Thu, 13 Jul 2017 08:48:14 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=6502&PID=48587&title=goetz-tower-project-status#48587 Goetz Tower Project Status? : Are we already paying rent?Timeline... http://www.middletownusa.com/forum/forum_posts.asp?TID=6502&PID=48577&title=goetz-tower-project-status#48577 Author: spiderjohn
Subject: 6502
Posted: Jul 12 2017 at 9:55am

Are we already paying rent?
Timeline for occupancy?
And for whom?
Studio/Strand update?

Let the private sector ownership handle these issues--they have their own $$, they just don't want to use it imo.
Keep the taxpayers out of these private ventures, since admin's/ Council's track records aren't very good( though VERY expensive) ]]> Wed, 12 Jul 2017 09:55:05 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=6502&PID=48577&title=goetz-tower-project-status#48577 Goetz Tower Project Status? : City Council Retreat (Excerpts)... http://www.middletownusa.com/forum/forum_posts.asp?TID=6502&PID=48576&title=goetz-tower-project-status#48576 Author: Analytical
Subject: 6502
Posted: Jul 12 2017 at 8:28am

City Council Retreat (Excerpts) - June 23, 2016

Mr. Adkins provided an update on the Goetz Tower Project. He stated that the plan calls for 18-20market rate studio and one bedroom apartments and ground floor commercial space. He explainedthat right now there’s a funding gap of $784,203 in the project. Without financial support from theCity the project won’t start; he discussed options of cash/ occupancy guarantees and waiving of feesto get the project completed.

Since the retreat, the city did agree to lease ground floor space of the Goetz Tower building to house the Economic Development Department.  Does anyone know the exact monthly amount that the city will be paying for five or six years?  Aside from that city subsidy, what progress is being made to locate additional subsidies for Mr. Coon's project?

Several people have recently noted that there's minimal activity taking place.  Reportedly, about three dumpster loads of materials were removed from the premises.
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