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GaryP

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Everything posted by GaryP

  1. http://www.michigan.gov/documents/mshda/mshda_li_qap_2013_2014_score_sum_final_391278_7.pdf See page 9. It is a 45 year commitment to get full points awarded. Virtually all applicants will extend their commitment to LIHTC standards to win these points. The minimum commitment is 30 years.
  2. It always seemed to me that 131 and 196 were kind of redundant from their intersection to the Burton street exit for 131 and the Chicago exit for 196. Between those two points we have 2 highways running parallel to one another only 1.5 miles apart. There is a little tributary to the Grand that intersects 131 near Burton and creates a natural ROW. Why not follow the creek and combine 131 and 196 until we get to the big junction downtown? Tear up 131 from Burton to 196 and keep 131 North from there. See thumbnail. We’d still have plenty of highway off-ramps near downtown, so the office
  3. The contest runs from September 23 though October 10 I'd like to know why they picked Leonard, College, Wealthy and Straight/Alpine for the boundaries. I'd like to submit my front yard as a venue, but I don't quite fit...
  4. Does anyone know when the South Division road work will be finished? I drove it today and it is still a huge mess. I don't know how they could hope finish before winter.
  5. I don't think it will be the biggest, the tallest or the most expensive, but the concert venue and retail/restaurant piazzas will be the biggest cultural addition to Grand Rapids for a long time. ... If this thing gets built
  6. Here's an articles that's posted on detroityes about a transit funding bill making its way through the state legislature. http://crainsdetroit.com/article/20080623/SUB/806230336 A bill starting to move through the Capitol could provide a piece of the puzzle needed to push forward new mass transit in Southeast Michigan and other parts of the state. The measure, sponsored by longtime transit advocate Rep. Marie Donigan, D-Royal Oak, would allow Michigan's tax increment financing law to be used to establish
  7. Thanks for posting the report Rizzo! I had a chance to go through it tonight and I wanted to post my very random thoughts and the questions that accompany them. 2012 kept being referred to as the first year of operation. Is that a doable? Optimistic or pessimistic? I don
  8. I looked into this a bit further. Looks like the information that I got was a little misleading. Full time students that have children are eligible. SEC. 6. CLARIFICATION OF STUDENT HOUSING ELIGIBLE FOR LOW-INCOME HOUSING CREDIT. (a) In General- Subclause (I) of section 42(i)(3)(D)(ii) of the Internal Revenue Code of 1986 (relating to certain students not to disqualify unit) is amended to read as follows: `(I) single parents and their children and such parents are not dependents (as defined in section 152, determined without regard to subsection
  9. FYI Students: On December 20, President Bush signed into law legislation (P.L. 110-142) that addresses the subprime mortgage crisis by making temporary changes to the tax code. The measure also includes a provision permitting households headed by full-time students to be eligible to reside in LIHTC units. This means students can now live in Metropolitan Park, The Globe or Uptown as long as they meet income restrictions.
  10. I think I like it. Want to see a few more angles. If the ivy is a big cost saving and winds up looking decent we'll probably start seeing it everywhere...
  11. Thanks guys. Too bad it's not being built on the grid in one of those cities.
  12. Does anyone know why the county is building a courthouse here instead of downtown or at least in the city?
  13. How much time would be saved if they shut it down? I think it would be worth it if the whole stretch could be completed in one construction season.
  14. Does the bill still need to be signed or is this a done deal?
  15. I'm still not sure this passes the smell test. All the original bidders for this land operated under the same set of circumstances and included a purchase price in their offers. Now the circumstances have changes pretty significantly. If the DDA was going to help, their incentives should have been defined in the original offering memorandum. Whatever though, I just hope something gets built here before the end of the decade. And hopefully the current developers have approached CVS about being a tenant. I don't see why CVS would go into this deal with Rockford, but not anyone else.
  16. Those will have to be the most expensive rents in Metro GR. If the DDA was willing to help, why did they wait so long? And how did they pick this project to help instead of Tall House or other residential projects?
  17. I've got a meeting in Huntsville tomorrow and I need a suggestion for a restaurant for a business lunch. Can anyone help? Thanks in advance
  18. Doesn't that price include the parking ramp and structure that have already been built? The total ramp was supposed to have about 2,000 spaces, so if this building includes 1/3 of the parking spaces in the ramp they paid $23,538/space and got the structure and air rights to build for free. Doesn't sound too bad to me, if (big if) the price does include 667 parking spaces...
  19. If the developer can't get this project done for some reason, will the site continue to be a ren zone for 15 more years anyway?
  20. I thought we had a thread for this but I couldn
  21. Is any of the retail portion of the project open yet?
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