PRESENTATION
Proposed plan for the lot and benefits to the city
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ยท
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This chapter outlines the proposed plan for the city-owned lot and the potential benefits to the city if the transfer is approved. It includes details about the restaurant business, environmental considerations, and the applicant's qualifications.
- The plan includes establishing a restaurant business in repurposed warehouse buildings
- Benefits to the city include financial gains through purchase price, taxes, and a sustainable drainage plan
- Over a third of the lot will be landscaped with trees and plantings
- The applicant's family has 40 years of experience in the restaurant business and has owned the adjoining buildings for over 35 years
Raymond Levin
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During 3 public hearings, on this project, both the request to acquire the property and the outdoor dining plan, there were no speakers offering a testimony in opposition.
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While we respect the community board's desire to maintain the lot in city ownership, we believe the city will be better served by its transfer.
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As discussed in testimony at city planning commission, the city will benefit financially through the receipt of the purchase price and ongoing real estate taxes plus payroll and sales taxes associated with the restaurant business to be established in the repurposed where warehouse buildings.
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The city will benefit from sustainable drainage plan overseen by the owner of the adjacent buildings, which are the only properties threatened by flooding.
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The patio area will be covered with permeable material and regraded to facilitate proper drainage.
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The U reuse of the city lot includes over a third of its, area will be landscape with trees and plantings from the parks department's approved list.
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These will be primarily located along the semicircular ramp edge of the property.
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There has been skepticism expressed about Steve's restaurant plan and use of the lot.
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His family has forty years in the restaurant business and has owned the adjoining buildings for over thirty five years.
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They are not speculative developers.
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They are long term owners and managers of multiple properties in the city.