Laserfiche WebLink
<br />CONCERNING REGARDING PROPOSED GIANT EAGLE GROCERY STORE, <br />`~` OR THE COMBINING TWO STORES FOR OVER 80,000 SQUARE FEET <br />AT THE WATER TOWER SQUARE SHOPPING CENTER. 11-10-98 <br />1. THE ORIGINAL AGREEMENT FOR THE WATER TOWER SQUARE SHOPPING CENTER, <br />PER THE OCT. 94. PLANNING COMMISSION MEETING BETWEEN GEQRGE PAPENDREUS <br />THE DEVELOPERS REP. AND THE CITY PLANNING COMMISSION STATED THP_T THERE <br />WOULD BE A DEED RESTRICTION PLACED ON THE PROPERTY SO THAT NO STORE <br />COULD BE OVER 80,000 SQUARE FEET. I DEFINITELY FEEL THAT THIS VERBAL <br />CONTRACT SHOULD BE KEPT INTACT FOR THE LIFE OF THIS SHOPPING AREA <br />SINCE THE DEVELOPER IS THE ONE THAT NEGOTIATED IT. THIS DEED <br />RESTRICTION WAS ORIGINALLY AGREED TO BY MR. RUSTOM KHOURI OF CARNEGIE <br />MANAGEMENT COMPANY, TOM HERBSTER AND MYSELF DAVE HOELTER. IF ANYONE <br />SAYS THIS WAS NEVER AGREED T0, I WAS THERE, I WOULD BE MORE THAN <br />WILLING TO TESTIFY TO IT. THIS WAS A VERBAL CONTRACT PROPOSED TO THE <br />COMMITTEE BY THE DEVELOPER WITH SPECIFIC DETAILS IN ITS CONTENTS ABOUT <br />THE SQUARE FOOTAGE THAT WOULD NOT BE EXCEEDED. <br />2. IT WAS STATED BY THE DEVELOPER THAT THIS WAS TO BE A LOW-VOLUME <br />UPSCALE, NEIGHBORHOOD SHOPPING AREA WITH NO EXTENDED HOURS OF <br />OPERATION OR DELIVERIES AND THAT THE STORES WOULD NOT BE OF THE HIGH <br />VOLUME TYPE. THIS WAS BECAUSE OF THE RESIDENTS CONCERNS ABOUT GETTING <br />EMERGENCY VEHICLES THROUGH THESE MAJOR INTERSECTIONS IN ROUTE TO THE <br />HOSPITAL AND EMERGENCY SITES {FIRES, ACCIDENTS, CRIMES, SCHOOLS). I <br />FEEL THAT THE DEVELOPERS SELF STATED RESTRICTIONS SHOULD BE KEPT <br />INTACT BECAUSE PHYSICAL CONDITIONS OF THE DEVELOPMENT HAVE NOT <br />CHANGED. IN FACT WITH THE EXPANDED USE OF THE PINE SCHOOL LAND THIS <br />WILL BECOME EVEN MORE ACUTE. <br />3. THE ONLY THING THAT HAS CHANGED SINCE THIS DEVELOPMENT WAS ASKED <br />FOR BY THE DEVELOPER IS: <br />A. THAT THEY FOUND OUT THEY MISCALCULATED THE RENTABLE OF THIS <br />PROPERTY; IT HAS NEVER BEEN TOTALLY FILLED, ONLY ABOUT 750. <br />B. THEY ALREADY LOST ONE OCCUPANT WHICH HAS NOW LOWERED THEIR <br />INCOME TO ABOUT 50o OF WHAT THEY CALCULATED. <br />C. WHY SHOULD THEY BE ABLE TO CHANGE THE CONTRACT, IF THIS <br />DEVELOPER IS ALLOWED TO BREAK HIS CONTRACT WHAT'S TO PREVENT MANX <br />OTHERS FROM DOING THE SAME. POSSIBLE EXAMPLES ARE: <br />(1} THE DEVELOPER THAT HAS AGREED TO BUILD CLUSTER HOMES BELOW THE <br />DENSITY LIMIT SET BY THE CITY THAN AFTER THE PLAN IS OK'D CHANGING THE <br />SITE TO-PUSH THE PROJECT TO VERY LIMITS OF THE CITY. <br />{2) THE DEVELOPER WHO AGREED TO HELP OFFSET THE CITIES EXPENSES <br />INCURRED BECAUSE OF HIS BUILDING PROJECT. OR MAYBE THEY WILL APPLY FOR <br />REIMBURSEMENT OF MONEY THAT THEY PAID TO THE CITY FOR SUCH <br />IMPROVEMENTS <br />THAT WERE AGREED UPON BEFORE THIS COMMITTEE AND CITY COUNCIL. <br />CARNEGIE MANAGEMENT NOT ONLY AGREED T0, BUT IN MANY CASES VOLUNTEERED <br />FOR THESE NEGOTIATED TERMS OF SETTLEMENT, BECAUSE OF THEIR HASTE TO <br />ACQUIRE THE CITIES APPROVAL TO OPEN UNNEEDED RETAIL STORE SQUARE <br />FOOTAGE, IN A CITY THAT IS WAY ABOVE THE NATIONAL AVERAGE. <br />