Tremont West Development Corporationnn

Tremont West Development Corporation
Development Committee
11 May 2006

Meeting called to order 6:00pm
Present: Steven Bloom, Scott Nagy

Strategic Impact Initiative/ Neighborhood Planning - Deadline pushed back to allow more time to collect additional SWOT forms.
Model Blocks - Area fromW.5th to Professor, and Jefferson to Valleyview. $50,000 to use for a program or change that will have a lasting positive effect on the target area. Area being looked at to identify opportunities.
Updates on Real Estate Development projects

2406 Professor Ave - One unit rented, one being shown, and last 2 units being finished.
Brayton Townhomes - Site work being completed. Since this meeting, work has begun, the foundations have been poured.
Clover Townhouses - Developer has not contacted TWDC.

Homeward-LP-
2472 W.7th - Sold
2888 W.12th - for sale
2312 W.5th - not developed, title issues
1802 Buhrer LP - Under construction
2973 Scranton Road - For sale

Projects/Programs in Progress/ Inactive

Phoenix Plan - Hope VI - Site work for first part of rental piece started this week. First part of for sale piece, working on final plans, and finalizing partnership agreements.
Gospel Press - Project management office has been set up at 2190 Professor. Dumpsters put on site, so activity has started.
Scranton Village - 1904 Corning has sold. Finalizing plans for Buhrer lots.
Tremont Commons - Developer finishing last 2 units, no sales yet.
Bergen Village - Construction started on 2 units, a model, and a pre-sold. Six units have been pre-sold.
Brevier Court - Presented to Lincoln Hts. Block club, they gave a letter of support, but still have a couple of concerns that need to be answered.
W.7th McCreery - Block club approved Thurman access. With agreement reached, went to City for approval. Minutes from meeting were read to the Block Club, to be adopted.

Paint Program - 2 Applications
Loan Programs - 2 loans being processed.
Adjourned 6:50pm