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09.15.2021 RDA Revised Full Agenda
REDEVELOPMENT AUTHORITY of the City of Oshkosh c/o Community Development Department 215 Church Ave., PO Box 1130 Oshkosh, WI 54902-1130 (920) 236-5055 (920) 236-5053 FAX http://www.ci.oshkosh.wi.us KELLY NIEFORTH Executive Director LORI PALMERI Chairman REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH *REVISED AGENDA* September 15, 2021 4:00 p.m. City Hall Room 404 I. Roll Call II. Approve Minutes and Closed Session Minutes from August 19, 2021 III. 21-16 Approve Appointment of Secretary/Executive Director for the Redevelopment Authority of the City of Oshkosh IV. 21-17 Approve Offer to Purchase 1024 Windsor Street; Vienola Properties LLC ($20,000.00) V. Michigan Street and West 4th Avenue Developer Presentations (5 minutes each) i. Wisconsin Redevelopment, LLC ii. Wesenberg Architects VI. MOTION TO GO INTO CLOSED SESSION: The Redevelopment Authority may convene into Closed Session to discuss bargaining options, strategy, parameters, and terms related to the negotiation of an agreement to potentially purchase 1203 South Main Street and options for the purchase of the vacant property on Michigan Street and West 4th Avenue pursuant to the authority for closed sessions pursuant to Section 19.85(1)(e) of the Wisconsin State Statutes where competitive and/or bargaining reasons require a closed session. The Redevelopment Authority will reconvene into open session immediately following the closed session for purpose of considering the following: VII. 21-18 Approve Option to Purchase Vacant Property on Michigan Street and West 4th Avenue; Wisconsin Redevelopment, LLC ($1.00) VIII. 21-19 Approve Option to Purchase Vacant Property on Michigan Street and West 4th Avenue; Wesenberg Architects ($1.00) IX. Executive Director’s Report – Next Meeting November 17, 2021 X. Future Agenda Items i. RDA Financials ii. RDA Properties Planning Discussion iii. Near East Neighborhood and Redevelopment Plans - https://www.ci.oshkosh.wi.us/PlanningServices/NearEastNeighborhood.aspx XI. Adjournment 1 REDEVELOPMENT AUTHORITY MEETING MINUTES August 19, 2021 PRESENT: Lori Palmeri, Susan Panek, Thomas Belter, Archie Stam EXCUSED: Steve Hintz, Jack Bermingham, Jason Lasky STAFF: Kelly Nieforth, Executive Director/Community Development Director; Sean Fitzgerald; Economic Development Specialist; Mark Lyons, Planning Services Manager Chairperson Palmeri called the meeting to order at 4:03pm. Roll call was taken and a quorum declared present. The minutes and closed session minutes of July 7, 2021 were approved as written. (Belter, Panek) 21-14 Approve Option to Purchase a Portion of the Vacant Properties Located at the 100 Block of West 6th Avenue; SJPK LLC ($9,000.00) Motion by Stam to approve 21-14. Seconded by Panek. Ms. Nieforth stated that they had two different presentations from citizen developers at the last meeting. Staff have worked with the developers to accommodate both projects since the last meeting. Mr. Fitzgerald stated that both developers have scaled back their original proposals. Previously SJPK LLC was looking for half of the property. They are now looking for a quarter of the parcel, specifically the most westerly 50 feet for a quarter of the price. They plan to develop a garage structure and additional parking for the apartments and first level commercial associated with their 600 Oregon redevelopment project. This will leave the remaining 150 feet of the parcel for Aquire LLC who have reduced the number of townhouses from five to four. Aquire LLC was not on the agenda for this meeting because some details need to be worked out with storm, water, and sanitary connections. They are planning to return in September with a modified proposal and asking price. Ms. Panek asked if this was just for the parking. Mr. Fitzgerald replied that it is for parking and a garage structure. Ms. Palmeri asked if this would come back with a final plan showing the rest of the parcel with the other project. 2 Ms. Nieforth replied that they will wait to see what Aquire LLC comes back with and they could perhaps show both developments together on the site at that time. Motion carried 4-0. 21-15 Approve Offer to Purchase 1614 Spruce Street; Logan Smith ($15,300.00 Motion by Belter to approve 21-15. Seconded by Stam. Ms. Panek asked if there is an issue if he purchases the property and decides to turn it into more residential. Ms. Nieforth replied that there isn’t an issue as long as it meets zoning codes. Motion carried 4-0. Jefferson Street Parcels Update Ms. Palmeri stated that she asked to have this placed on the agenda because these parcels have been assembled and sitting vacant for quite a few years. They received proposals after an RFP, but the parcels have since fallen into a blighted condition. There were temporary gardens at one point, but they were asked to leave after several years because it was intended for development later. She wanted to hear from staff if there is any intention of clearing up the property aside from mowing. They ask residents to take care of their properties and she feels like they have an obligation to do as they say. She’d also like to know if there are any proposals being considered currently. Ms. Nieforth replied that they issued an RFP two or three years ago, but none of the leads came forward for completion. Staff has continued to talk with interested developers since then and two developers are currently interested in the property. They acquired 668 North Main Street and they’re continuing to land bank. They are in conversation now with the adjacent property owners. They continue to market it for redevelopment. They do mow and take care of snow removal. Trees are typically left on site after a demolition, but they could look into landscaping options if the RDA would like to move forward with that. Ms. Palmeri replied that she was referring to broken down fences, structures, metal cabling, and posts that are somewhat concerning safety-wise. She doesn’t know where the property line ends, but it also looks like there is an overgrowth of weeds and such. The neighborhood plan hasn’t been updated since 2006 and she would like to see that on a future agenda. She would like to know from other RDA members what they’d like to see as a group and the expectation moving forward. Ms. Panek asked for confirmation that 668 North Main is not sufficient for land access and if RDA tried to purchase another parcel so they would have more access. Ms. Nieforth replied that it is sufficient for access from Main Street, but they aren’t able to construct anything on it. They’re in conversation with the owner of 664 North Main as well as the owners of the properties to the south. As far as the weeds, fences, and cables, they will make sure 3 they are cleaned up if they’re on the property. They do need to make sure they maintain their sites to the same standard citizens do. Ms. Palmeri replied that she would like to have the neighborhood plan on a future agenda for review, evaluation, and discussion because this body is charged in part with implementation of the plan which is now fourteen years old. Mr. Stam asked why the gardens were taken away so quickly if they didn’t have a solid proposal. Ms. Palmeri replied that an affirmative response to the RFP fell through. The option faltered and sat for several years and by then the community garden group had disbanded. She remembers giving a tour of the garden to Council because the group was very successful at building social capital and feeding folks. There were 52 raised beds and over 100 people impacted. Ms. Nieforth replied that they had the RFP for community gardens earlier this year. They talked with several other groups who shared that it’s hard to get people to invest their time and sweat equity into these properties if they’re just going to be sold. It would be wonderful to have the gardens there, but they would have to leave if a developer is interested in the site. That is the struggle they deal with in trying to balance those. Ms. Palmeri replied that she is asking to review and evaluate the old neighborhood plan given the deficiency of park space in the central city, the comprehensive outdoor recreation plan, and some of the newly formed neighborhood associations adjacent to the site. Ms. Nieforth replied that they would put the neighborhood plan on the next agenda. Executive Director’s Report Ms. Nieforth provided updates to the RDA. Other Business Ms. Nieforth stated that the City is now requiring masks for any meetings in City Hall. They can continue with virtual meetings, but would need to wear masks if returning to in person for the September 15th meeting. Ms. Palmeri stated that the City Council will be discussing meeting formats for boards and commissions next week. Whether there is a preference for one or the other, they need to be mindful that this is a fluid situation. She asked if RDA members had a preference. Mr. Stam stated that he prefers in-person. Mr. Belter stated that he prefers in-person as well. Ms. Panek stated that she would prefer in-person unless there is a bad outbreak. 4 Ms. Palmeri stated that they will continue to meet in person unless directed otherwise by Council or the City Manager. They have the space to socially distance and can wear masks since RDA is smaller. MOTION TO GO INTO CLOSED SESSION Motion by Belter for the Redevelopment Authority to convene into Closed Session to discuss bargaining options, strategy, parameters, and terms related to the negotiation of an agreement for the redevelopment of 43 E. 7th Avenue pursuant to Section 19.85(1)(e) of the Wisconsin State Statutes where competitive bargaining reasons require a closed session. Seconded by Stam. Adjournment There was no further discussion. The meeting adjourned at approximately 4:52pm. (Belter, Panek) Respectfully Submitted, Kelly Nieforth Executive Director CITY OF OSHKOSH REDEVELOPMENT AUTHORITY August 19, 2021 CLOSED SESSION MINUTES CALL TO ORDER (Chairperson Palmeri) ROLL CALL _X_Thomas Belter __ Jack Bermingham _X_ Lori Palmeri __ Steve Hintz __ Jason Lasky _X_ Sue Panek _X_ Archie Stam ALSO PRESENT: Kelly Nieforth, Executive Director/Community Development Director; Mark Lyons, Planning Services Division Manager; Sean Fitzgerald, Economic Development Specialist Discussion held regarding the acquisition of 1203 South Main Street and the acquisition of 122 West 9th Avenue. Motion by Belter to adjourn. Seconded by Stam. The closed session meeting adjourned at approximately 4:52p.m. Respectfully Submitted, Kelly Nieforth Executive Director/Community Development Director REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH, WISCONSIN SEPTEMBER 15, 2021 21-16 RESOLUTION (CARRIED________LOST________LAID OVER________WITHDRAWN________) PURPOSE: APPROVE APPOINTMENT OF SECRETARY/EXECUTIVE DIRECTOR FOR THE REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH WHEREAS, state statutes and bylaws of the Redevelopment Authority allow the Authority to appoint an Executive Director who shall also act as Secretary to the Redevelopment Authority. NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Authority of the City of Oshkosh that Community Development Director Kelly Nieforth is hereby appointed to act as the Secretary/Executive Director for the Redevelopment Authority of the City of Oshkosh with all of the duties, powers, and responsibilities as defined in the bylaws of the Authority. REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH, WISCONSIN SEPTEMBER 15, 2021 21-17 RESOLUTION (CARRIED________LOST________LAID OVER________WITHDRAWN________) PURPOSE: APPROVE OFFER TO PURCHASE 1024 WINDSOR STREET; VIENOLA PROPERTIES LLC ($20,000.00) BE IT RESOLVED by the Redevelopment Authority of the City of Oshkosh that the offer to purchase in the amount of $20,000.00 submitted by Vienola Properties LLC or its Assigns, for the vacant property located at 1024 Windsor Street, is hereby accepted and the proper officials are hereby authorized and directed to execute any and all documents necessary for purposes of same. 1024936 1015102310311028101610109499439551009111710291023101511031111110211061114111511091101WWIINNDDSSOORRSSTTARMORY PLARMORY PLC:\Users\annam\Desktop\Planning Base Map - For Windows 10.mxd User: annam 1024 Windsor St.1024 Windsor St. City of Oshkosh maps and data are intended to be used for general identificationpurposes only, and the City of Oshkosh assumes no liability for the accuracy of theinformation. Those using the information are responsible for verifying accuracy. Forfull disclaimer please go to www.ci.oshkosh.wi.us/GISdisclaimer Prepared by: City of Oshkosh, WI Printing Date: 12/9/2020 1 in = 60 ft1 in = 0.01 mi¯ 1024936 1015102310311028101610109499439551009111710291023101511031111110211061114111511091101WWIINNDDSSOORRSSTTARMORY PLARMORY PLC:\Users\annam\Desktop\Planning Base Map - For Windows 10.mxd User: annam 1024 Windsor St.1024 Windsor St. City of Oshkosh maps and data are intended to be used for general identificationpurposes only, and the City of Oshkosh assumes no liability for the accuracy of theinformation. Those using the information are responsible for verifying accuracy. Forfull disclaimer please go to www.ci.oshkosh.wi.us/GISdisclaimer Prepared by: City of Oshkosh, WI Printing Date: 12/9/2020 1 in = 60 ft1 in = 0.01 mi¯ TO: City of Oshkosh Redevelopment Authority FROM: Kelly Nieforth, Community Development Director DATE: September 8, 2021 SUBJECT: 21-17 Approve Option to Purchase Vacant Property on Michigan Street and West 4th Avenue; Wisconsin Redevelopment, LLC ($1.00) 21-18 Approve Option to Purchase Vacant Property on Michigan Street and West 4th Avenue; Wesenberg Architects ($1.00) BACKGROUND The Redevelopment Authority (RDA) owns the vacant lot on the northeast corner of Michigan Street and West 4th Avenue which had been the old Boatworks boat and marina business. The RDA removed the old piers and dilapidated buildings and the vacant lot now adjoins the riverwalk, park, and kayak/canoe launch. The City has maintained the “For Sale” signs on the property and the Wisconsin Redevelopment LLC development team has expressed interest in constructing residential units on the lot. There are multiple environmental issues that must be resolved for development on the vacant lot. ANALYSIS The proposed residential development is generally consistent with the City’s Southshore Redevelopment Plan and the City Comprehensive Plan. The environmental issues are common along the riverfront redevelopment. Among the known and possible issues are: hazardous waste contamination and remediation, unstable soils requiring geo-technical exploration and analysis and structural engineering studies, and floodplain surveying and map amendments to FEMA. The environmental, financial, and floodplain issues will take a substantial investment in time and money. RECOMMENDATION The RDA approves one of the proposed options to purchase for the vacant property on the northeast corner of Michigan Street and West 4th Avenue. 404449 405506 507 437443 408300 W 4TH AVW 4TH AVMICHIGAN STMICHIGAN STJ:\GIS\GIS_Base_Maps\Base Map.mxd User: annam Prepared by: City of Oshkosh, WI Printing Date: 6/14/2021 1 in = 75 ft1 in = 0.01 mi¯0 Michigan Street0 Michigan Street City of Oshkosh maps and data are intended to be used for general identification purposes only, andthe City of Oshkosh assumes no liability for the accuracy of the information. Those using theinformation are responsible for verifying accuracy. For full disclaimer please go towww.ci.oshkosh.wi.us/GISdisclaimer REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH, WISCONSIN SEPTEMBER 15, 2021 21-18 RESOLUTION (CARRIED________LOST________LAID OVER________WITHDRAWN________) PURPOSE: APPROVE OPTION TO PURCHASE VACANT PROPERTY ON MICHIGAN STREET AND WEST 4TH AVENUE; WISCONSIN REDEVELOPMENT LLC ($1.00) BE IT RESOLVED by the Redevelopment Authority of the City of Oshkosh that the option to purchase in the amount of $1.00 submitted by Wisconsin Redevelopment LLC or its Assigns, for the vacant property on Michigan Street and West 4th Avenue, is hereby accepted and the proper officials are hereby authorized and directed to execute any and all documents necessary for purposes of same. BE IT FURTHER RESOLVED that the terms of said option to purchase agreement shall include, but not be limited to: 1) Formal submittal of a proposal by March 15, 2022. 2) Approval of the final development plan by the Redevelopment Authority and Common Council. 3) Provide lending financing commitment. 4) Obtain project approval under Planned Development Overlay provisions. 5) Submittal of a scaled site plan detailing building elevations. 6) The option fee shall be One Dollar and 00/100 ($1.00) Page 1 of 3 September 7, 2021 Kelly Nieforth Community Development Department Director City of Oshkosh 215 Church Avenue - P.O. Box 1130 Oshkosh, WI 54903-1130 knieforth@ci.oshkosh.wi.us 920.236.5055 Re: 4th and Michigan site - Boatworks Redevelopment Kelly: We would like to begin the process of entering into an Option to Purchase from the Redevelopment Authority (the RDA) the site that is owned by the RDA at the Northeast corner of 4th and Michigan in the City of Oshkosh, commonly referred to as the Boatworks site. As you know, this site has been vacant for some time. When I first moved to Oshkosh 6 years ago, I had an interest in developing it, however the city had, at that time, just given an option to another developer. It has come to my attention recently that the site is no longer under option, so I would like to put it under option to complete the necessary due diligence to determine development feasibility. Attached you will find a conceptual site plan and simple proforma outlining my initial thoughts on how I would develop the site. I want to make it clear that this is conceptual only at this point and is subject to change based on discovered site conditions and further due diligence. With that in mind though, here is a brief summary of my proposal: We would propose the development of 29 two story zero lot line homes. Each home would be individually owned. There would be a homeowner’s association that would set rules for maintenance of homes and the site, including the maintenance of any private streets and public green spaces. The homes would have a mixture of two and three bedrooms all with two baths. The homes could be customized on the interiors and there may also be some customization of the exteriors within the rules and guidelines of the association. All homes would have attached two car garages and exterior patios and/or balconies off of the living and bedrooms. It would be our intent to have the “harbor” dredged to allow for boat slips, however that may not be possible, and that is one of the things that will be confirmed during the due diligence period. If slips are not possible, at a minimum there will still be some sort of docking for smaller watercraft, like small boats, kayaks and jet skis. The total development costs are currently projected to be $10.4 Million. We anticipate an average sale price of the homes of approximately $365,000 each. We are currently assuming no extraordinary site Page 2 of 3 costs on the project, which is why we need an option period to complete soils investigations to determine what, if any extraordinary measures would be needed on this site. We are asking for an initial 6 month option for due diligence with an option to extend that by another 6 months, assuming that we have made significant progress towards the redevelopment of this site. The option period would be used to complete all of the following due diligence. 1. Obtain site surveys including topographic surveys 2. Determine flood zone areas 3. Further refine development master plan 4. Further refine individual unit plans 5. Complete modeling and renderings 6. Refine construction budgets 7. Conduct phase 1 and 2 environmental surveys 8. Conduct geotechnical surveys 9. Complete market study 10. Determine feasibility of dredging the harbor area 11. Determine DNR development requirements 12. Determine City development requirements and complete rezoning, overlay district or Planned Unit Development as necessary 13. Determine necessary City participation in infrastructure development 14. Enter into purchase and development agreement with RDA/City of Oshkosh 15. Market units for presales 16. Secure construction financing 17. Complete Construction Drawings 18. Bid project out 19. Close on the sale with the RDA and development agreement with the City of Oshkosh. In the preliminary proforma, you will see that we are assuming a sale price of $1 from the RDA. There may also be some additional city funding that is necessary to complete the infrastructure work, but we can’t determine that until the due diligence is started. You can also see that we are assuming the total development is approx. $10.4 Million and at the current time, no additional city funds are anticipated to be used. The TIF calculation tab shows that the site will would throw off $270 Million in taxes annually, so the $1 sale price would certainly be justified in the increased tax base that this development will create after sitting vacant for so many years. Please note that if for some reason, it is more important that the RDA receive it’s asking price of $315,000, then we could offer that price, but then would need that much in financial support from the City of Oshkosh. The proforma shows that we are only projecting a 6 percent developer fee with nearly 0% profit after that. We would like to get to a minimum 10% profit margin, but hope to get there either through reduced construction costs or increased sales costs or perhaps a combination of the two. Again, that can be determined during the due diligence period. In addition to the Conceptual Site Plan and Preliminary Proforma, I have also attached my resume and a number of marketing cut sheets from projects that either I or Wisconsin Redevelopment have been responsible for over the last 25 years. I grew up in the New London area, graduated from UW- Milwaukee school of Architecture in 1989 and stayed in Milwaukee until 2015, when my wife and I moved back up here to Oshkosh to live on Lake Winnebago. We are avid boaters and, as I mentioned earlier, were attracted to this site when we first moved up here. Page 3 of 3 I started out in design-build work for a small general contractor in West Allis and then went to work for a non-profit in Milwaukee buying and selling vacant homes in a distressed neighborhood to first time homebuyers. From there, I went to work for First Wisconsin Bank (now US Bank) where I started to develop larger projects including a new subdivision in Waukesha County. In 2001, I started my own company, Wisconsin Redevelopment, along with the gentleman, Bob Lemke, who originally hired me at the bank. Last year, Bob retired and sold out his ½ of the company to Matt Tadisch who is my new partner. Matt is also the owner of Selzer-Ornst Construction Company a 90 year old general contractor in Wauwatosa. In addition to Matt and I, we will be partnering with Jason LaPlante of L12 properties a smaller local general contractor with local connections to residential subcontractors in the Oshkosh area. Jason, also brought the fact that the site was available again to our attention. We have a great many years of experience behind us and believe that we will be able to provide a development that all of us can be proud of. We also know that we can’t think of everything and are very open to negotiations and feedback from the City and the RDA. Lastly, to the greatest extent possible, please keep this information confidential until we have entered into our final contract. If you have any questions or concerns, please do not hesitate to call. Sincerely, Todd Hutchison, Principal Wisconsin Redevelopment, LLC CAP PROJECT NO: M2109-02 | 09/07/21Oshkosh Marina HousingSCALE:1" = 80'-0"Site Plan CAP PROJECT NO: M2109-02 | 09/07/21Oshkosh Marina Housing PATIOLIV. ROOMTOIKITCHENDINNINGGARAGEENT.UTILITY670 sf (w/o Garage)37' - 6"27' - 6"10' - 0"PROPERTY LINE27' - 6"37' - 6"1020 sf Total -1690 sfMASTER BEDROOM 01BEDROOM 02BEDROOM 03CLOSETCLOSETCLOSETBALCONYBATHBATHCAP PROJECT NO: M2109-02 | 09/07/21Oshkosh Marina HousingSCALE:1/8" = 1'-0"FIRST FLOOR _ TOWN HOMES TYPE 02SCALE:1/8" = 1'-0"SECOND FLOOR _ TOWN HOMES TYPE 02 Professional Overview: Todd Hutchison is licensed as an Architect and Real Estate Broker in the State of Wisconsin with over 20 years of construction and real estate development experience. Todd has a very diverse professional and educational background, bringing a wide range of skills and experiences to the real estate development process. Work Experience: Wisconsin Redevelopment, LLC – Principal January 2002 to Present Wisconsin Redevelopment is a two-member real estate development and consulting firm focused on projects utilizing historic and affordable housing tax credits. Projects completed by Wisconsin Redevelopment include: ▪ Welford Sanders Lofts, $21 Million adaptive reuse of historic Nunn Bush Shoe Factory in Milwaukee, Wisconsin in 59 affordable loft-style apartments and 38,000 sf of office space with underground parking for 74 cars. Utilized Federal and State Historic Tax Credits, Affordable Housing tax credits, HOME funds, TIF, Tax Exempt Bonds and a variety of other funding sources. Placed in Service Fall 2018. ▪ Artist Lofts, $9 Million adaptive reuse of historic Mirro manufacturing facility in Manitowoc, Wisconsin into 40 mixed-income loft style apartments. Utilized Historic Tax Credits, Affordable Housing tax credits, Brown Field funding and a variety of other grant funding. Placed in Service 2016. ▪ MLK Crossing Senior Apartments, $9 Million construction of 56 new apartment homes for Seniors in Des Moines, Iowa. Development Consultant. LIHTC award in 2015 ▪ LBWN Rent-To-Own Homes, $6.1 Million acquisition and rehab of 24 scattered site single family vacant and foreclosed homes on Milwaukee’s South Side. Utilized Affordable Housing Tax Credits, HOME funding and NSP funding. 2012 LIHTC award. Placed in Service 2014. ▪ King Drive Commons Phase IV, $9.7 Million construction of 35 new single family, duplexes and townhomes and the renovation of 6 apartments in an historic mixed use building in Milwaukee, WI. Utilized Affordable Housing Tax Credits, HOME funding, NSP funding and Federal Home Loan Bank Funds. Placed in Service 2013 ▪ Mitchell Street Market Lofts, $6.1 Million construction of 24 two and three bedroom apartments over approximately 4,000 sf of commercial storefront space including a new year round enclosed farmers market with Growing Power. Utilized Affordable Housing Tax Credits, Green Roof Grant from MMSD, Brownfields Grant from WI DOC, Federal Home Loan Bank Funds and NSP funding. Placed in Service: July 2012 ▪ Beaver Dam Lake Historic Lofts, $8.3 Million conversion of 4 story historic mill building into 34 loft style apartments overlooking Beaver Dam Lake in Beaver Dam, WI. Utilized Affordable Housing Tax Credits, Historic Tax Credits, WHEDA TCAP financing, CDBG EAP financing, Brownfields Remediation funding and conventional financing. Placed in Service: May 2011 ▪ Johnson Park Lofts, $4.8 Million renovation of a 6 story, 72,000 sf warehouse building located near Downtown Milwaukee overlooking Johnson Park. Conversion to 24 affordable “loft-style” apartments with over 12,000 sf of first floor commercial space. 2 Utilizes Affordable Housing Tax Credits and other sources of funding. Developer/Owner Placed in Service 2006. ▪ Manitowoc Place, $5.2 Million historic renovation of an 8 story, 65,000 sf former hotel located in downtown Manitowoc overlooking Lake Michigan. Conversion to 34 affordable apartments with 6,000 sf of first floor commercial space. Utilizes TIF Financing, HOME financing, Historic and Affordable Housing Tax Credits. Developer/Owner. Placed in Service 2005. ▪ Silver City Townhomes, $5.4 Million 20 unit new construction – townhome development located on Milwaukee’s southside. LISC – MANDI Award winner and Cream of the Cream City Award winner. Utilized Affordable Housing Tax Credits, WHEDA TCAP funding and conventional financing. Co-Developer/Owner with the Layton Boulevard West Neighbors Association. Place in Service 2010. ▪ King Drive Commons, $3.5 Million three story - new construction of 18 residential units over approx. 5,000 sf of first floor storefront space. Utilizes Affordable Housing Tax Credits and TIF financing. Providing Full Development Consultant Services. Placed in Service: 2005 ▪ King Drive Commons – Phase II, $5 Million – new construction of 24 townhome units and approx. 2,200 sf of commercial storefront space. Utilizes Affordable Housing Tax Credits . Providing Full Development Consultant Services. Placed in Service 2008 ▪ King Drive Commons – Phase III, $5.5 Million – new construction of 24 apartments and townhome style units. Utilizes Affordable Housing Tax Credits, WHEDA Exchange Funding, Housing Trust Funds. Providing Full Development Consultant Services. Placed in Service 2010 ▪ Columbia Square, $3.7 Million three story new construction of 22 residential units over approx. 6,000 sf of first floor storefront space. Utilizes Affordable Housing Tax Credits and TIF financing. Providing Full Development Services. Providing Full Development Consultant Services. ▪ New Covenant Gateway Plaza – 3501 Building, Milwaukee, WI, 2002-2004, $3.1 Million mixed-use, affordable housing project at 35th and North on Milwaukee’s North Side. Includes 8 new townhomes and 6 lofts over 6,000 sf of Commercial Space. Provided Full Development Consultant Services. ▪ New Covenant Gateway Plaza – 4401 Building, Milwaukee, WI, 2002-2004 $2 Million mixed-use, affordable housing project at 44th and North Avenue in Milwaukee’s Sherman Park Neighborhood. 10 renovated apartments over approx. 5,000 sf of commercial space. Provided Full Development Consultant Services. ABC Development, LLC - Principal November ’99 to Present ABC Development is a single member real estate development and consulting firm focused on smaller real estate investment projects. Projects range from single family homes and duplexes to small commercial developments and consulting services. Impact Seven, Inc. - Consulting Director of Real Estate Development October 2008 to July 2015 Identify and analyze the feasibility of new opportunities for real estate development projects within Impact Seven’s operational area. Oversee all real estate development activities. Assist in development of long and short range plans for the organization. Impact Seven is a 45 year old Community Development Organization. As a full-time consultant to the company, Todd was responsible for bringing in and overseeing 12 major real estate development projects 3 totaling more $100 Million of development in less than 7 years. Todd’s involvement with Impact Seven helped to grow the company into one of the most respected and preeminent developers of affordable multifamily and historic properties in Wisconsin. Sample Projects include: • Posner Building Redevelopment, $25 Million adaptive reuse of an office building into 105 mixed-income luxury apartments over 20,000 sf of retail space in Milwaukee, Wisconsin’s downtown business district. Utilized Historic Tax Credits, TIF financing, State of Wisconsin redevelopment funding and nearly $900k of Impact Seven equity. Placed in Service 2015 • Franklin School Apartments, $4 Million adaptive reuse of a historic school in Rice Lake Wisconsin into 12 apartments and 8 new townhomes. Utilized Affordable Housing Tax Credits and Historic Tax Credits. Placed in Service 2016. • Impact Milwaukee 1, $6.1 Million acquisition and complete gut renovation of 24 scattered site single family homes on Milwaukee’s North Side. Homes will be leased for ultimate ownership. Utilized Affordable Housing Tax Credits and HOME funding. 2012 LIHTC award. Placed in Service 2015. • Medford Affordable Housing, $3.3 Million renovation of 22 townhome and garden style affordable apartment homes in Medford, WI. Utilized Affordable Housing Tax Credits, HOME funding and Federal Home Loan Bank Funds. Placed in Service 2013 • National Avenue Lofts, $15.9 Million construction of 73 new townhome and loft-style affordable apartments in Milwaukee, WI. Daily Reporter Project of the Year Award winner – 2011. Utilized Affordable Housing Tax Credits, WHEDA Exchange Funding and Federal Home Loan Bank Funds. Placed in Service: October 2011 • Lincoln School Apartments, $4.4 Million conversion of 4 story historic school building into 24 affordable apartments in Park Falls, WI. Utilized Affordable Housing Tax Credits, WHEDA Exchange funding, HOME funds, Federal Home Loan Bank Funds, TIF financing. Placed in Service: September 2010 • Avalon Commons, $4.6 Million construction of 24 new townhome style development for families in Columbus, WI. Utilized Affordable Housing Tax Credits, WHEDA Exchange Funding, conventional financing. Placed in Service: December 2010 US Bank (fka: Firstar Bank) – Community Investment Corp. July ’95 to April 2001 - Real Estate Project Officer: Firstar Community Investment Corporation (FCIC) was a subsidiary of Firstar Bank in Milwaukee, WI. FCIC completed mixed-use, mixed-income real estate development projects which met the mission of the bank to increase access to affordable housing and provide economic development opportunities within the markets served by Firstar Bank. Todd was responsible for the management of real estate development projects from initial feasibility analysis though project completion, including all of the following duties: ▪ Meet with local government officials, staff, non-profit agencies, neighborhood groups and other potential developers to determine local needs. ▪ Perform evaluation of potential development sites. ▪ Develop schematic designs and proformas. ▪ Present plans for approval to local municipalities and neighborhood groups. ▪ Assemble development team and negotiate contracts. 4 ▪ Direct architects and contractors in design development and value engineering. ▪ Secure necessary financing for project, including any gap grants and tax credits. ▪ Oversee architectural design, construction and property management The following is a sample of projects completed while at FCIC ▪ Historic Riverwalk Plaza, $13 Million conversion of two warehouse building into mixed-income Loft Style Condominium Development, Milwaukee, WI. Includes riverwalk, boat slips, underground parking and 6,000 sf of commercial storefront. o Listed as one of the top 20 projects of 1999 by Daily Reporter. ▪ Racine City Homes, $1.1 million construction of seven new single family homes on the site of a former bank branch. Utilized numerous grant sources to provide sale prices at or below $75,000 each. ▪ Village Meadows, $3 Million, 31 new single – family home, mixed-income subdivision, Dousman, WI. Completed at the request of Waukesha County. o Winner of HUD’s 1996 National Home Ownership Summit Award. ▪ King Heights Apartments, $2.9 Million Historic rehabilitation of mixed-use and mixed-income apartments using Historic Tax Credits and Low Income Housing Tax Credits. Incorporated bronze statue of Dr. Martin Luther King, Jr. into the design of the project. Completed at the request of the City of Milwaukee. o Numerous Awards: • AIA Wisconsin Design Award • National Trust for Historic Preservation – Rehabilitation award • City of Milwaukee – Cream of the Cream City Design Award • National Council for Urban Economic Development (CUED) – Silver Award • Federal Home Loan Bank – Community Development Award • Daily Reporter – Top 20: Urban Development Award. YMCA of Metro Milwaukee – North Central Branch June ’93 to July ‘95 Director – Central City Housing Initiative: The initiative remodeled 40 units of housing over a two year period for sale to first time low- income homeowners or for existing low-income homeowners in one of Milwaukee’s most depressed neighborhoods within blocks of the North Central YMCA at North Avenue and 12th Street. Responsibilities included: • Developed and implemented redevelopment plan for declining residential neighborhood in Milwaukee’s central city – selected vacant houses for rehab, negotiated purchases, presold homes to new first-time home buyers, developed drawing and scopes of work based on new home owner’s requirements, bid out to general contractors, provided project management during construction and finally, sold homes to new first time home owners. • Facilitated two long-range strategic planning efforts by neighborhood residents. • Provided public presentations on television and radio programs as well as before church, civic and other groups interested in the program. • Awards: ---HUD-Excellence in Affordable Housing Award YMCA ---Wisconsin Cluster, Program Excellence Award 5 Guenther-Wagner-Johnson – Architect/Project Manager Dec. ’88 to May ‘93 Guenther-Wagner-Johnson, Inc was a commercial design-build contractor. Todd worked with GWJ for six years progressing from an assistant project manager to lead design architect responsible for job development. Projects included daycares, banks, retail, office and governmental work, with a mixture of remodeling and new construction. • Responsible for management of all design/build projects from initial marketing through design and construction to project closeout. ▪ Developed leads, qualification statements, proposals and presentations. ▪ Directed overall project design concepts, budgets, schedules and CDs. Registrations: • Licensed Architect – State of Wisconsin, #7310 – since 1992 • Licensed Real Estate Broker – State of Wisconsin, #49810-090 – since 1995 Education: • Bachelor of Science – Architecture, University of Wisconsin – Milwaukee, 1988 • Harvard Graduate School of Design – Institute on Affordable Housing Dev., 1998 • Future Milwaukee – Leadership Training – class of 1994 • Building Code Refresher Courses, 1993, 1994, 1997, 2002, 2019 • Intro to Autocad - 2019 • Continuing Education: AGC and AIA Marketing Courses • Continuing Education: Advanced Excel Courses • University of Wisconsin Outreach – Researching Historic Properties, 1996 • Robbins & Lloyd School of Real Estate ---Wisconsin Real Estate Salespersons License, 1995 ---Wisconsin Real Estate Broker’s License, 1999 Awards and Recognition: • Milwaukee Realtist’s Community Service Award, 1994 • Corporate Report, Future Leaders of Wisconsin Star Stream Award finalist, 1998 • Business Journal’s Central City Business Award, Individual Honor, 2011 • MANDI Navigator Award Finalist, 2015 Welford Sanders Lofts and Enterprise Center is the $20.8 million adaptive re- use of a former Nunn-Bush Shoe Factory in Milwaukee, Wisconsin Wisconsin Redevelopment and the Martin Luther King Economic Development Corporation (MLKEDC) jointly developed 59 two, three & four bedroom apartment homes on Milwaukee’s North Side. This was the fifth in a series of projects jointly developed between MLKEDC & Wisconsin Redevelopment. The project includes indoor resident parking among many other upscale amenities. Each unit utilizes a spacious loft style design as seen in other warehouse conversions within Milwaukee’s Third Ward. The project also includes a community room on the top floor, theater room, exercise room, game room and private library/study in memory of Welford Sanders, the long-time head of MLKEDC. In addition to the residential portion of the project, there is another 38,000 sf of Community Service Facility Space which houses offices for non-profits and other groups that provide services and benefits to the community, including job training and placement, counseling, and other community services. There is also a daycare on site. The building was placed in service in 2018 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Co-Developer with MLKEDC Owner: Welford Sanders Lofts, LLC LIHTC & Fed HTC Investor: R4 State HTC Investor: Fallbrook Location: 2821 N. Vel Phillips Ave 2812 N. 5th Street Milwaukeee, WI Project Type: 4% LIHTC Credits Fed.Historic Tax Credits State Historic Tax Credits Developer Funded TIF HOME funds Other Grants Residential: 58 Affordable Units 1 Caretaker Unit 59 Total Units 54 two bdrm units 1 three bdrm unit 4 four bdrm units Commercial: Approx 38,000 sf Total Cost: Est. $20.8 Million Total SF: Approx. 180,000 sf Features: • Large “Loft-style” units • High Ceilings w/exposed ductwork & timbers • Top Quality Finishes • Open/Galley Kitchens • Enclosed parking Community/Meeting/Theater/Business Room • Exercise/Rec Room • On-site Management • On-site Daycare • 30,000 sf of Offices Project Summary WELFORD SANDERS LOFTS Artist Lofts is the $9.5 million adaptive re-use of a former Mirro Manufacturing facility in Manitowoc, Wisconsin Wisconsin Redevelopment and Impact Seven jointly developed 40 two & three bedroom apartment homes in downtown Manitowoc. This was the last remaining Mirro building in Manitowoc, with the others being lost to the wrecking ball. The project includes indoor resident parking, interior sunrooms and many other upscale amenities. Each unit utilizes a spacious loft style design as seen in other warehouse conversions within Milwaukee’s Third Ward. Units are targeted to veterans. The project also includes a community artist’s gallery with a new Artist featured every month. A local artist is the curator of the gallery. The local artist also host educational classes and events for local schools and the community. Artist Lofts is a catalytic development that is supported by a wide range of State and Federal agencies including, WHEDA, the State Historical Society, the National Park Service, the Environmental Protection Agency, the Federal Home Loan Bank of Chicago and the City of Manitowoc. The building was constructed in 1929 and was used initially used for metal plating operations of the Mirro company in 1957 the company designed the Mirro-Craft pleasure boat in the building and this led to the significance of the site. The renovations of the buiding were completed in 2016 and the building was placed on the National Register of Historic Places. 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Co-Developer with Impact Seven, Inc Owner: Artist Lofts, LLC LIHTC & Fed HTC Investor: National Equity Fund State HTC Investor: Commerce Bank Location: 2402 W. Franklin St Manitowoc, WI Project Type: Affordable Tax Credits Historic Tax Credits Residential: 36 Affordable Units 4 Market Rate Unit 40 Total Units 24 two bdrm units 16 three bdrm units Total Cost: Est. $9.5 Million Total SF: Approx. 85,000 sf Proposed Features: • Large open— “Loft-style” units ranging in size from 1,700 sf to over 2,000 sf • Interior storage lockers in each unit • Private interior sunrooms • High Ceilings w/exposed ductwork & timbers • Top Quality Finishes • Open/Galley Kitchens • Enclosed parking with Additional On-Site Surface Parking • Community/Meeting/ Theater/Business Room • Exercise/Rec Room • On-site Management • On-site Art Gallery Project Summary ARTIST LOFTS Beaver Dam Lake Historic Lofts is the $8.4 million adaptive re-use of a former Cotton Mill Building in Beaver Dam, WI. Wisconsin Redevelopment and Impact Seven jointly developed 34 two & three bedroom apartment homes overlooking Beaver Dam Lake at the Gateway to Beaver Dam’s Historic Downtown. The project includes indoor resident parking, balconies overlooking the lake and many other upscale amenities. Each unit utilizes a spacious loft style design as seen in other warehouse conversions within Milwaukee’s Third Ward. BDLHL is a catalytic development that is supported by a wide range of State and Federal agencies including, WHEDA, the State Historical Society, and the State Dept of Commerce with a $1.7 million grant for waterfront redevelopment. The building was constructed in 1881 and operated as a mill until 1934 when a labor strike forced its closing. In 1936 the City purchased the building and coaxed the Weyenberg Shoe company to lease the building for $100/yr as long as they provided jobs. Weyenberg continued to operate until 2005 when they moved out entirely. The City put out an RFP to redevelop the property. WR and I-7 were ultimately selected to redevelop the building under the Historic Preservation Tax Credit program. In 2010, the building was placed on the State Register of Historic Places and in 2011, the building was placed on the National Register of Historic Places. 3316 N. Summit Avenue, Milwaukee, WI 53211...Phone: 414-791-4222….Fax: 414-961-2223 www.wisconsinredevelopment.com WR Role: Co-Developer with Impact Seven, Inc Owner: Beaver Dam Lake Historic Lofts, LLC LIHTC & Fed HTC Investor: National Equity Fund Location: 222 Madison Street Beaver Dam, WI 53916 Project Type: Affordable Tax Credits Historic Tax Credits Residential: 33 Affordable Units 1 Market Rate Unit 34 Total Units 25 two+ bdrm units 8 three bdrm units Total Cost: Est. $8.4 Million Total SF: Approx. 84,000 sf Proposed Features: Large open— “Loft-style” units ranging in size from 1,700 sf to over 2,000 sf Interior storage lockers in each unit Private Balconies on units facing lake or river High Ceilings w/exposed ductwork & timbers Top Quality Finishes Open/Galley Kitchens Enclosed parking with Additional On-Site Surface Parking Community/Meeting/ Theater/Business Room Exercise/Rec Room On-site Management Project Summary BEAVER DAM LAKE HISTORIC LOFTS 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Developer Owner: Manitowoc Place, LLC Location: 204 N. 8th Street Manitowoc, WI 54220 Project Type: Affordable Tax Credits Historic Tax Credits Mixed-Use Residential: 33 Affordable Units 17 two bedrooms 16 one bedrooms Commercial: 2 Units / 6,000 sf total Total Cost: Est. $5.2 Million Total SF: Approx. 65,000 sf Features: • Each unit is oriented to take advantage of the fabulous views of Lake Michigan, the River and the Downtown. • Common Roof Deck • Top Quality Finishes • Restored Exterior Details • Open/Galley Kitchens • Interior Storage Lockers • Interior Bike Storage • On-Site Parking • Party/Game Rooms • Theater Room • Exercise Room • On-Site Laundry • Secure Access with Intercom Project Summary HISTORIC MANITOWOC PLACE The Historic Manitowoc Place Apartments development is a $5.2 million historic rehabilitation of a vacant and neglected 8-story building (the former Evergreen Inn) located in Downtown Manitowoc, Wisconsin. It is a very significant building since it is one of the tallest buildings in Manitowoc and can be seen from most parts of the city. Historic Manitowoc Place provides a combination of one and two bedroom apartment units with affordable rents ranging from $475 to $675 A total of 33 apartments, plus one on-site manager’s unit are being proposed for the second thru eighth floors. The two first floor commercial storefronts will also be renovated, providing opportunities for both quality housing and economic business development. This project was awarded WHEDA tax credits in 2003. The development of this pivotal project had a major impact in assisting in the rebirth of Manitowoc’s Downtown. Many new developments and existing assets in the Downtown are already in place or currently under way, some examples of these assets include: Lakefront Recreation Trail Farmer’s Market Manitowoc Maritime Museum and Expansion Manitowoc Civic Center New City Library New City Hall County Courthouse and Offices New Restaurants The Manitowoc Marina The Lakefront YMCA A Vibrant Shopping and Business District with Antique Stores and Artist Galleries Multiple Churches & Schools Lake Michigan Ferry 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Development Manager as Employee of Owner’s Representative Owner: YW Housing, Inc YWCA of Greater Milwaukee Location: Milwaukee, WI Project Type: Affordable Tax Credits Historic Tax Credits Mixed-Income/Mixed-Use Residential: 23 Units 9 Market Rate 14 Affordable Units Commercial: 4 Units / 4,000 sf total Total Cost: $2.9 Million Total SF: 24,000 sf Features: • Downtown Views • Common Roof Deck • Individual Porches • High Ceilings • Grand Central Stair and Skylight • Upgraded Finishes • Copper Turret • Restored Exterior Details • French Doors with Transoms to Den/2nd bedroom • Open/Galley Kitchens • 8’ tall bronze statue of Dr. Martin Luther King, Jr. Project Summary KING HEIGHTS APARTMENTS The King Heights Apartments development was the $2.9 million historic rehabilitation of two severely neglected and vacant buildings (the Hausmann Building and the Schoeer Building) located on the near north sided of Milwaukee, approximately one mile north of downtown. It is a significant location since it links Milwaukee’s central city to its downtown area. King Heights provides a combination of 23 affordable and market rate residential units and with the re-opening of four first floor commercial storefronts, providing opportunities for both quality housing and economic business development. An 8 foot tall bronze statue of Dr. Martin Luther King, Jr. was commissioned for the site and placed on Dr. Martin Luther King Drive in front of the building. This statue helped to raise money to cover construction development gaps in the project. Today bus loads of school children can be seen stopping by the statue for glimpse back into social as well as architectural history. The development of this pivotal project had a major impact on the rebirth of Milwaukee’s Historic Brewer’s Hill neighborhood. At the time of the development, vacant lots and buildings could be found all over this neighborhood. Within 5 years new condominiums selling in excess of $400,000 were being developed within view of this beautifully restored building. 3316 N. Summit Avenue, Milwaukee, WI 53211...Phone: 414-791-4222….Fax: 414-961-2223 www.wisconsinredevelopment.com WR Role: Owner/Developer Owner: Johnson Park Lofts, LLC Location: 1862 W. Fond Du Lac Av Milwaukee, WI 53205 Project Type: Affordable Tax Credits Mixed-Use Residential: 23 Affordable Units 1 Market Rate Unit 24 Total Units 18 two+ bdrm units 6 three bdrm units Commercial: 15,540 sf total Total Cost: Est. $4.9 Million Total SF: Approx. 80,000 sf Proposed Features: • Large open -”loft-style” units ranging in size from 1,700sf to over 2,000 sf • Interior storage lockers in each unit • Private Balconies of each unit • High Ceilings w/exposed ductwork • Top Quality Finishes • Open/Galley Kitchens • Enclosed parking with Additional On-Site Surface Parking • Shared Community Facilities • Exercise Room • On-site laundry • On-site Management Project Summary JOHNSON PARK LOFTS Johnson Park Lofts is a $5 million adaptive re-use of the former St Vincent DePaul Blding located at 19th and Fond Du Lac Ave. in Milwaukee, WI. Wisconsin Redevelopment, LLC created 24 two and three bedrm apartment homes and an additional 15,000 sq. ft. of first floor retail space. The project includes indoor resident parking and private exterior balconies. Each unit utilizes a spacious loft style design as seen in other warehouse conversions within Milwaukee’s Third Ward. The Johnson Park Lofts was a catalytic development that is consistent with the Fond Du Lac and North Comprehensive Neighborhood Plan. It provides a housing type that currently is not available in the neighborhood and the development preserves a significant neighborhood building with a “signature” design that will serve as a gateway to the Fond Du Lac and North intersection. The blocked-in first floor storefront windows were reopened providing area residents a greater sense of security and visual interest. Johnson Park Lofts was awarded 2004 WHEDA affordable housing tax credits. It utilizes traditional bank financing from JPMorgan/ Chase and corporate investment equity from the Richmond Group. A small financing gap was filled with a Cityof Milwaukee and Federal Home Loan Bank Grant. JP Lofts had an immediate impact on the area tax base (the building was previously tax exempt) and provided a focal point for other neighborhood development activities. This development started out as a class project by two African– American Women as part of the ACRE (Associates in Commercial Real Estate) program through Marquette University. The two women, Tina Anderson and Sherry Webb approached Wisconsin Redevelopment to take their class project from a dream to a reality. Located in the Muskego Way neighborhood and built on what was once a city-owned vacant brownfield lot, Mitchell Street Market Lofts is a new construction affordable housing development. This $6.1 million project is a true partnership between public and private entities including Impact Seven, Inc., AndersonWebb, LLC, Wisconsin Redevelopment, LLC, WHEDA, Federal Home Loan Bank, Metropolitan Milwaukee Sewerage District, City of Milwaukee, LISC Milwaukee, and Home Depot. The 24 loft style two and three bedroom units are available to families earning less than 60% of Area Median Income. Amenities include a community room with an exercise area, a business center and free wireless internet, indoor parking, a playground, security cameras/key-card access, common outdoor deck, and a green roof. Each unit contains a dishwasher, garbage disposal, balcony, in-unit washer/dryer, central A/C and large interior storage units. Over 4,000 square feet is dedicated to commercial space, shared by the year-round Mitchell Street Farmers Market, and Flylda Travel, a minority-owned business with ten employees. As the first of its kind in this neighborhood, Mitchell Street 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Co-Developer with Impact Seven, Inc and AndersonWebb, LLC Owner: Mitchell Street Market Lofts, LLC LIHTC Investor: National Equity Fund Location: Milwaukee, WI Project Type: Affordable Tax Credits New Construction Residential: 24 Affordable Units 21 two bdrm units 3 three bdrm units Total Cost: $6.1 Million Total SF: 40,920 Residential 4,003 Commercial 8,000 Parking 52,923 Total Features: • Indoor Heating Parking • Community Room • Resident Business Center • On-site Leasing Office • Exercise Room • Secure Access Building • Web-based security cameras • Common outdoor patio • Green Roofs • Year round Farmer’s Market • Private Balconies from each unit • Top Quality Finishes • On-site Management Project Summary MITCHELL STREET MARKET LOFTS Originally this project was started by another developer; however, during the market collapse of 2008/2009 that developer could not get investors interested in purchasing the tax credits on this project. Todd Hutchison approached the developer on behalf of Impact Seven and was asked to step in by the developer. I-7, under Todd’s leadership was able to raise over $10.8 Million in equity from private investors as well as over $3 Million from WHEDA in section 1602 gap funding, another $182,000 from the Federal Home Loan Bank of Chicago, and a nearly $1 Million permanent loan. This project is located at the southern gateway to Milwaukee’s Historic Third Ward and downtown. This area was largely industrial in character and had many vacant industrial buildings. A one story metal industrial building was cleared to make way for this new development, but the new building used a mixture of materials and styles to reflect the remaining industrial buildings nearby. 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Todd Hutchison as Employee of Impact Seven Owner: National Avenue Lofts, LLC LIHTC Investor: National Equity Fund Location: Milwaukee, WI Project Type: Affordable Tax Credits New Construction Residential: 73 Affordable Units Mixture of 1,2 & 3 bedrooms including wa k- up townhomes Total Cost: $15.9 Million Total SF: ,94,300 Residential 18,780 Parking 113,080 Total Features: • Indoor Heating Parking • Community Room • Resident Business Center • On-site Leasing Office • Exercise Room • Secure Access Building • Web-based security cameras • Common outdoor patio • Private Porches and Balconies • Fiber-optic cabling throughout • Energy Efficient Win- dows , Furnaces and overall design • Industrial Chic Styling Project Summary NATIONAL AVENUE LOFTS 3316 N. Summit Avenue, Milwaukee, WI 53211...Phone: 414-791-4222….Fax: 414-961-2223 www.wisconsinredevelopment.com WR Role: Development Manager Owner: Matyas Building, LLC Location: Milwaukee, WI Project Type: Mixed-Use Residential: 9 Units Commercial: 1,300 sf Total Cost: $1.3 Million Total SF: 13,000 Features: •Seven multi-level, 2- bedroom apartment units with interior staircases and skylights •Two ground floor fully accessible units •Loft Style Layouts •High Ceilings •Exposed Wood Beams and Joists •Exposed Brick Interior Walls •Upgraded Finishes •Large Operable Windows •Balconies on upper units with glass doors •All units southern facing •Exceptional Downtown Views •On-site parking •Each unit has its own gas-forced air furnace and hot water heater and central Air Conditioning. Project Summary HISTORIC HOLTON STREET LOFTS The Historic Holton Street Loft project consists of the complete renovation of a long vacant and pivotal building on Holton Street in Milwaukee Wisconsin by utilizing affordable housing tax credits, HOME funds from the City of Milwaukee and other subsidy sources. A total of nine apartments and 1,300 sf of storefront space was developed in an existing three story building which was purchased from the city of Milwaukee after a tax foreclosure. All apartments are large and spacious . Seven units are two-story units, with living, kitchen and dining on the lower floor and bedroom/ office/den on the upper level loft overlooking downtown. These seven units will be accessed from common lobbies in the first floor and a common corridor on the second floor. Two units are first floor ADA accessible units at the back of the building, behind the storefront space. The storefront was restored to historical standards and used as office space to provide community services to residents of the building and other low-income residents of the surrounding area. The basement has approximately 10’ high ceilings and will be utilized for community/meeting rooms, laundry, and storage. Ten on-site parking spaces are also included. Holton Street Lofts 2443-45 N. Holton St. 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Consultant Owner: Martin Luther King Economic Development Corporation Location: 2774 N. Dr. Martin Luther King Jr. Drive Milwaukee, WI 53212 Project Type: Affordable Tax Credits Mixed-Use New Construction Residential: 18 Affordable Units 18 two bdrm units Commercial: 2 Units / 6,000 sf total Total Cost: Est. $3.6 Million Total SF: Approx. 37,000 sf Proposed Features: • Private balconies with each unit • Secure interior parking • Concrete, Steel and Masonry Construction • Attractive Contemporary Design • Top Quality Finishes • Contextual Design • Open/Galley Kitchens • Additional On-Site Surface Parking • On-site manager • Exercise Room • Community Room • Secure Access Intercom and Video Cameras • Private Storage Lockers Project Summary KING DRIVE COMMONS North Elevation — King Drive Commons Building at corner of King Drive and Hadley St in Milwaukee, WI The King Drive Commons Project consists of the construction of a new 3 story building located on the corner of Dr. Martin Luther King Jr. Drive and Hadley Street in Milwaukee, WI. The first floor consists of approximately 6,000 sf of retail storefront space with interior secure parking for the upper floor residential units tucked behind the storefront space. There is also additional exterior surface parking located behind the building. The second and third floors of the building will hold eighteen two-bedroom units. Each unit will have its own private balcony and include upscale amenities, such as: All appliances included - Frost Free Refrigerator - Self Cleaning Ovens - Microwaves - Dishwashers - Garbage Disposals Central Air Conditioning High Speed Cable ready Mini-blinds Ceramic Tile Kitchens and Baths On-site laundry West Elevation — King Drive Commons 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Consultant Owner: Martin Luther King Economic Development Corporation Location: Scattered Sites on/near 2767 N. Dr. Martin Luther King Jr. Drive Milwaukee, WI 53212 Project Type: Affordable Tax Credits Mixed-Use New Construction Residential: 23 Affordable Units 1 Manager’s Unit 24 Total Units 16 two+ bdrm units 8 three bdrm units Non-Profit Space: 1 Units / 2,200 sf total Total Cost: Est. $4 Million Total SF: Approx. 42,000 sf Proposed Features: • Mixture of Townhouse and Single Family Home Styles • Private entries with each unit • Secure private garages • Attractive Contextual Design • Top Quality Finishes • Open/Galley Kitchens • Additional On-Site Surface Parking • Shared Community Facilities with Phase I Project Summary KING DRIVE COMMONS - PHASE II The King Drive Commons II is the second phase of the residential portion of a comprehensive neighborhood revitalization project focused on the Harambee and Middle King Drive Neighborhoods, in an area roughly bounded by 1-43 on the west, 1st Street on the east, Center Street on the South and Locust Street on the North. The second phase consists of one new building at the corner of Martin Luther King Drive and Hadley Street with nine 2-plus bedroom rowhouse style units and 2,200 sf of corner commercial space to be used by the Non-Profit Developer. An additional 15 units of single family, duplex and townhouse style units were developed within a 2 block radius of this this corner on vacant in-fill lots. Each unit has its own private entry and private garages. After the 15 year tax credit compliance period is ended, the units will be offer to sale to the tenants for Home Ownership. Phase III of this project is to follow with an additional 24 units of housing in a mixed- use building on King Drive. 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Consultant Owner: Martin Luther King Economic Development Corporation Location: 2719 N. Dr. Martin Luther King Jr. Drive Milwaukee, WI 53212 Project Type: Affordable Tax Credits Mixed-Use New Construction Residential: 23 Affordable Units 1 Manager’s Unit 24 Total Units 20 two bdrm units 4 three bdrm units Growing Power Cafe: 1 Units / 2,200 sf total Total Cost: Est. $5.6 Million Total SF: Approx. 40,000 sf Features: • Mixture of Townhouse and Apartment units • Private entries with each unit Townhome unit • Secure indoor garage • Attractive Contextual Design • Top Quality Finishes • Open/Galley Kitchens • Additional On-Site Surface Parking • Growing Power Café Storefront on the first floor Project Summary KING DRIVE COMMONS - PHASE III The King Drive Commons III is the third phase of the residential portion of a comprehensive neighborhood revitalization project focused on the Harambee and Middle King Drive Neighborhoods, in an area roughly bounded by 1-43 on the west, 1st Street on the east, Center Street on the South and Locust Street on the North. The third phase consists of one new building at the corner of Martin Luther King Drive and Christine Lane with four two-story 3 bedroom rowhouse style units along Christine Lane with private entries, 20 more 2 bedroom apartments and 2,000 sf of storefront space occupied by the Growing Power Cafe. Phase IV of this project is to follow with an additional 41 units of housing in a mixed- use building and scattered within a three block radius of this development. 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Consultant Owner: Martin Luther King Economic Development Corporation and Impact Seven, Inc Location: Scattered Sites around 2601 N. Dr. Martin Luther King Jr. Drive Milwaukee, WI 53212 Project Type: Affordable Tax Credits Mixed-Use New Construction Residential: 4 Single Family Homes 6 Historic Apartments 10 Duplex Units 21 Townhome Units 41 Total Units Mixture of 2, 3 and 4 bedrm units. Community Storefront 2 Units / 5,000sf total Total Cost: $10 Million Total SF: Approx. 66,000 sf Features: • Mixture of Townhouse , Duplexes, Singe Family and Apartment units • Private garages • Attractive Contextual Design • Top Quality Finishes • Open/Galley Kitchens • Additional On-Site Surface Parking • Statue of Dr. King in the Freedom Garden Project Summary KING DRIVE COMMONS - PHASE IV King Drive Commons IV is the fourth and largest phase of a campus style redevelopment project surrounding a historic mixed use building in the 2700 block of Dr. Martin Luther King, Jr. Drive in Milwaukee, Wisconsin. The King Drive Commons development began in 2002 with Phase I completed in 2005, Phase II completed in 2008, and Phase III completed in 2010. Phases I through III were completed by Martin Luther King Economic Development Corporation with Wisconsin Redevelopment as consultant. Phase IV added Impact Seven, Inc. as co-developer and property manager. KDC I is comprised of 18 residential apartments and 3,400sf of storefront space. KDC II is a scattered site similar to KDC IV with 24 single family, duplex, townhome, and apartment units along with a small storefront. KDC III is a single building with 24 residential apartment homes and ground floor storefront for Growing Power’s Café. KDC IV is a mixture of commercial, historic apartments, new single family homes, duplexes and townhomes. 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Development Manager as Employee of Owner. Owner: Firstar CIC Location: Milwaukee, WI Project Type: Mixed-Use Residential: 79 Units Commercial: 2 Units Total Cost: $12.4 Million Total SF: 132,000 Features: • Loft Style Layouts • Custom Interiors • High Ceilings • Exposed Wood Beams and Joists • Sandblasted Brick Interior Walls • Upgraded Finishes • Large Operable Windows • Steel Balconies with full glass doors • Fireplaces • Penthouse Units • Exceptional River/ Downtown Views • Riverwa k • Boat slips • Underground Parking Project Summary RIVERWALK PLAZA CONDOMINIUM Riverwalk Plaza was the adaptive reuse of two pivotal, yet deteriorating, historic buildings along the Milwaukee River. The two buildings were underutilized and abandoned warehouses in the Historic Third Ward District, just south of Milwaukee’s Downtown and just west of the Summerfest grounds. The warehouse buildings were converted to 79 loft style residential condominium units and 2 commercial storefront condominium units. The individual customizing options that Riverwalk Plaza offered allowed a wide-range of individuals the ability to purchase units within their respective budgets without comprise to the development’s overall quality. Standard unit prices ranged from $65,000 to $225,000. By upgrading or combining units, total packages exceeded $350,000 in some units. A new Riverwalk and 13 boat slips were added along the back side of the building. Heated, underground parking was also provided. 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Co-Developer with Layton Boulevard West Neighbors, Inc. Owner: Silver City Townhomes, llc Location: 3507 W. Pierce Street Milwaukee, WI Project Type: Rent to Own Townhomes Affordable Tax Credits New Construction Residential: 19 Affordable Units 1 Manager’s Unit 20 Total Units 19 Large Townhome Style units 1 Manager’s Unit Total Cost: Approx. $5.2 Million Total SF: Approx. 42,000 sf Proposed Features: • Rent to Own • Workforce Housing • Private entries with each unit • Secure private garages • Attractive Contextual Design • Top Quality Finishes • Open/Galley Kitchens • Additional On-Site Surface Parking • Community Room • Security Camera System • Onsite Sports Court • Green/Sustainable architectural features Project Summary SILVER CITY TOWNHOMES Layton Boulevard West Neighbors, a non-profit 501(c) 3 housing developer located in and focused on community development on Milwaukee’s south side and Wisconsin Redevelopment have partnered to develop the Silver City Townhomes project. The Silver City Townhomes are located near 35th and National Avenue on Milwaukee’s Southside. This site was identified by the local community for housing in the City of Milwaukee’s Near South Side Area Market Study and Image Preference Survey. Silver City Townhomes is a new construction development project consisting of 5 buildings with four multi-story townhomes in each building. All of the townhomes have private unit entries and attached private garages. More than half of the units have private roof-top patios, all units have private welcoming front porches. Funding sources are coming in part from an equity investment by State Farm Insurance through the National Equity Fund. 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Consultant Owner: North Avenue Community Development Corp. Location: 3333 W. North Avenue Milwaukee, WI 53210 Project Type: Affordable Tax Credits Mixed-Use New Construction Residential: 22 Affordable Units 20 two bdrm units 2 two bdrm units Commercial: 2 Units / 6,000 sf total Total Cost: Est. $3.9 Million Total SF: Approx. 44,000 sf Proposed Features: • Private balconies with each unit • Secure interior parking • Concrete and Masonry Construction • Environmentally Friendly “Green Architecture” used in the design and construction of the project. • Top Quality Finishes • Contextual Historic Detailing • Open/Galley Kitchens • Additional On-Site Surface Parking • Secure Access Intercom and Video Cameras • Private Storage Lockers Project Summary COLUMBIA SQUARE First Floor and Site Plan—Columbia Square Rendering of Proposed Building at 33rd and North Avenue in Milwaukee, WI The Columbia Square Project consists of the construction of a new 3 story brick building using environmentally friendly “green architecture” located on the corner of 33rd and North Avenue in Milwaukee, WI. The first floor consists of approximately 6,000 sf of retail storefront space with interior secure parking for the upper floor residential units tucked behind the storefront space. There is also additional exterior surface parking located behind the building.. The second and third floors of the building will hold twenty-two, one and two bedroom units. Each unit will have its own private balcony, and include upscale amenities. Avalon Commons is part of an existing subdivision of single family homes developed by Brookstone Homes, Inc., a large subdivision developer in southern Wisconsin. Originally, a portion of the subdivision was to be developed as condominiums but in the wake of the 2008 market collapse the condos could not be sold. Brookstone approached the Wisconsin Housing & Economic Development Authority (WHEDA) about building affordable housing at the location. WHEDA referred Brookstone to Todd Hutchison who worked for Impact Seven for assistance which led to a partnership to co-develop 24 duplex townhome units. Each unit includes 3 bedrooms, 2.5 baths and an attached two-car garage. The development includes community play areas and on-site management. 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Todd Hutchison as Employee of Impact Seven, Co-Developer with Brookstone Homes Owner: Impact Seven, Inc. LIHTC Investor: None—1602 project Location: Columbus, WI Project Type: New Construction Residential: 24 Duplex Townhome Units Total Cost: $4.4 Million Total SF: 45,000 SF Features: • 3 bed, 2.5 baths • Private Master Suites • Walk-in Closets • In-Unit Laundry • Attached Two Car Garages off rear entry alleys for clean traditional neighborhood front yard look • Community Play Areas • On-Site Management • Located Seamlessly within Market Rate Subdivision Project Summary AVALON COMMONS 3316 N. Summit Avenue, Milwaukee, WI 53211...Phone: 414-791-4222….Fax: 414-961-2223 www.wisconsinredevelopment.com WR Role: Consultant Owner: New Covenant Gateway Plaza, LLC Location: 4401 W. North Avenue Milwaukee, WI 53210 Project Type: Affordable Tax Credits Mixed-Use Adaptive Reuse Residential: 10 Affordable Units 6 two bdrm units 4 one bdrm units Commercial: 4 Units / 4,820 sf total Total Cost: Est. $2 Million Total SF: Approx. 23,000 sf Proposed Features: •8 Second floor apart- ments •2 First floor ADA apart- ment units •Shared Roof-top deck •Secure common play area in rear of building •Top Quality Finishes •Restored Storefront and other Exterior Details of existing building •Separate furnaces and central air conditioning for each unit •Exposed Ceilings in Loft units. •On-Site Surface Parking •Secure Access Intercom and Video Cameras Project Summary NEW COVENANT GATEWAY PLAZA 4401 BUILDING The New Covenant Gateway Plaza Project consists of two separate real estate development projects. The 4401 Building site depicted here is located at 4401 W. North Avenue in Milwaukee Wisconsin. The 4401 Building consists of the complete gut and remodel of an existing 2 story brick residential and retail building on the corner of 44th and North Avenue in Milwaukee, WI. The first floor storefronts along North Avenue are also completely gutted and remodeled into four separate storefronts averaging 1,000 sf each. Two first floor apartment units were kept along 44th Street to address ADA accessibility concerns. A second project within the New Covenant Gateway Plaza project was located 9 blocks east at 3501 W. North Avenue. Ground Breaking Ceremony December 14, 2003 Rendering of Proposed Re-Development at 44th and North Avenue in Milwaukee, WI Interior Living Unit 3316 N. Summit Avenue, Milwaukee, WI 53211...Phone: 414-791-4222….Fax: 414-961-2223 www.wisconsinredevelopment.com WR Role: Consultant Owner: New Covenant Gateway Plaza, LLC Location: 3501 W. North Avenue Milwaukee, WI 53210 Project Type: Affordable Tax Credits Mixed-Use New Construction & Adaptive Reuse Residential: 14 Affordable Units 8 two bdrm townhomes 6 two bdrm lofts Commercial: 2 Units / 6,000 sf total Total Cost: Est. $3.2 Million Total SF: Approx. 28,800 sf Proposed Features: •8 New Townhomes with individual entries and parking garages •Private balconies on Townhome units. •Large Loft-Style units in existing building with interior parking •Top Quality Finishes •Restored Storefront and other Exterior Details of existing building •Open/Galley Kitchens •Exposed Ceilings in Loft units. •Additional On-Site Surface Parking •Secure Access Intercom and Video Cameras Project Summary NEW COVENANT GATEWAY PLAZA 3501 BUILDING The New Covenant Gateway Plaza Project consists of two separate real estate development projects. The 3501 Building site depicted here is located at 3501 W. North Avenue in Milwaukee Wisconsin. The 3501 Building consists of the adaptive reuse of an existing 2 story brick store and office building on the corner of 35th and North Avenue in Milwaukee, WI. The project also included the acquisition and demolition of 2 single family homes south of the building and the new construction of Eight two- bedroom townhomes. The townhomes each have their own individual garages attached to the units and accessed from behind the building. Additional Commercial parking is tucked in behind the townhomes off of 35th Street to support the 6,000 sf of retail storefront that was remodeled and reopened on the first floor of the existing building. A second project within the New Covenant Gateway Plaza project was located 9 blocks west at 4401 W. North Avenue. Ground Breaking Ceremony December 14, 2003 Rendering of Proposed Re-Development at 35th and North Avenue in Milwaukee, WI Interior View of one of the new “Loft-Style” Units 2536 Fond du Lac Rd. Oshkosh, WI 54902...Phone: 414-791-4222 www.wisconsinredevelopment.com WR Role: Employee of Owner/ Developer Owner: North Central YMCA Location: Scattered Sites Milwaukee, WI 53205 Project Type: Affordable Gut-Rehab Single Family Homes And Duplexes Residential: 40 total units Acquisition Rehabilitation Resale Remodels for Current Low-income Owner - Occupants Project Area: North Ave to Locust Teutonia to 20th St. Proposed Features: • Custom Remodeled Homes to meet needs of individual buyers • New Plumbing, Electrical and Mechanical Systems • New Energy Efficiency Components • New long life exterior systems • Restoration of exterior Architectural Details • No Income limits on Buyers • Downpayment Grants • Homebuyer Counseling • Community Organizing Project Summary WAICO/YMCA CENTRAL CITY HOUSING INITIATIVE II As an employee of the North Central Branch of the YMCA of Metropolitan Milwaukee, Todd Hutchison was the Director of the WAICO/YMCA Central City Housing Initiative from 1993 to 1995 the first two years of the initiative. The Initiative completely remodeled 40 units of housing in a concentrated target area on Milwaukee’s Northside. The Initiative was multi-pronged focusing on remodeling vacant homes and selling to new owner occupants, providing life-safety remodeling for existing owner occupants in the neighborhood, providing Home Buyer Counseling and Community Organizing. The Initiative was unique in that it allowed potential homebuyers to select vacant homes in advance and customize the remodelings to meet their individual needs and tastes. News clipping of First Homebuyer REDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH, WISCONSIN SEPTEMBER 15, 2021 21-19 RESOLUTION (CARRIED________LOST________LAID OVER________WITHDRAWN________) PURPOSE: APPROVE OPTION TO PURCHASE VACANT PROPERTY ON MICHIGAN STREET AND WEST 4TH AVENUE; WESENBERG ARCHITECTS ($1.00) BE IT RESOLVED by the Redevelopment Authority of the City of Oshkosh that the option to purchase in the amount of $1.00 submitted by Wesenberg Architects or its Assigns, for the vacant property on Michigan Street and West 4th Avenue, is hereby accepted and the proper officials are hereby authorized and directed to execute any and all documents necessary for purposes of same. BE IT FURTHER RESOLVED that the terms of said option to purchase agreement shall include, but not be limited to: 1) Formal submittal of a proposal by December 15, 2021, or 30 days after receiving the results of a Phase 2 Environmental Site Assessment. 2) Approval of the final development plan by the Redevelopment Authority and Common Council. 3) Provide lending financing commitment. 4) Obtain project approval under Planned Development Overlay provisions. 5) Submittal of a scaled site plan detailing building elevations. 6) The option fee shall be One Dollar and 00/100 ($1.00). Sept 8, 2021 Kelly Nieforth Community Development Director City of Oshkosh 215 Church Avenue Oshkosh, WI 54901 Re: Boatworks Proposed Development Dear Mrs. Nieforth, As you are aware, our firm has been working on plans for a potential development project at the Boatworks site located on the north-east corner of W 4th Avenue and Michigan St, as well as the adjacent parcel on the north-west corner which has an existing building that used to house the city sanitation division. We understand that the Boatworks parcel is owned by the City of Oshkosh Redevelopment Authority, and that the adjacent parcel is owned by the City of Oshkosh. As you may recall, the Redevelopment Authority previously awarded our firm an option to purchase the site back in 2017. At the time, we had considered a much larger project that included underground parking and potentially 4 stories of apartments based on the recommended desire of city staff to put as much valuation as possible on site. What we learned in exploring this option was that the size of the building meant the depth and number of supporting foundation piers became cost prohibitive when added to the cost to raise the project out of the 100 year flood plain, with the challenge to keep all the soils on site. We are now proposing a more modest development. Specifically we are proposing to build 56 workforce affordable apartment units across the two parcels. We have recently bid out a very similar project in the city and believe to have very good cost estimates for this project. We have had preliminary conversations with our financing institution and believe we can move this project forward. As you are aware, the RDA/City commissioned a Phase 2 environmental site assessment back in 2004. Our plan has substantially relied on the findings in this report to guide site planning decisions. One glaring limitation of this study is that it pre-dates our new understanding of Per- and Polyfluoroalkyl Substances (PFAS) and thus provides no information regarding this. If the site hasn’t changed substantially from the 2004 report, and if no PFAS chemicals are found on site, it is possible that our lending institution would not require a full Voluntary Party Liability Exemption (VPLE). Thus our ask is that the city commission another Phase 2 study which would include PFAS testing. To that end, we are asking for an option to purchase the boatworks site from the Redevelopment Authority. We propose a purchase price of $1 for the parcel and 90% of the tax increment that would be generated from the project for the remaining years left of Tax Increment District 29. In terms of time, we are asking for 3 months, or 30 days after we receive the results of the Phase 2 study. If the Phase 2 results suggest that additional remediation is necessary and it is determined that a full VPLE process be undertaken, then an extension of the option would be granted to cover this time period. Our intent is to complete this overall development in two phases. We would start with the boatworks site. While this phase is underway, we would then work with the city to do environmental due diligence on the north-west parcel. To be clear, while our preference is to complete the build-out 2 / 2 of the entire plan including both parcels, the completion of the boatworks site would not be contingent on the ability to complete the project on the north-west parcel. We are excited to continue to work with the RDA and city staff on the development of this project and welcome any questions. Best regards, Chet Wesenberg, AIA 2A3002A300ENTRY HALLUNIT TYPE 'B' O.H.1-BEDROOMUNIT TYPE 'G'2-BEDROOMCORE / MECHANICAL ROOMUNIT TYPE 'D'1-BEDROOM+ DENUNIT TYPE 'C'1-BEDROOMUNIT TYPE 'F'2-BEDROOMUNIT TYPE 'E' O.H.2-BEDROOMUNIT TYPE 'E'2-BEDROOMUNIT TYPE 'E' O.H.2-BEDROOMUNIT TYPE 'A' O.H.1-BEDROOMUNIT TYPE 'B'1-BEDROOMSTAIRUNIT TYPE 'A'1-BEDROOMUNIT TYPE 'E'2-BEDROOMMAINENTRYSTOOPENTRYSTOOPextra space, additional depth beyond type B units.PARCEL CLOSET?UNIT TYPE 'E' O.H.2-BEDROOMENTRY HALLSTAIRMAIL BOXESprovide exterior or vest. door?CENTERLINE OF WALLCENTERLINE OF WALLCENTERLINE OF WALL10' - 0" 40' - 0"40' - 0" 9' - 4" 26' - 8"29' - 4" 29' - 4" 6' - 0" 40' - 0"40' - 0"40' - 0"CENTERLINE OF WALL29' - 4" 29' - 4"BIKE & OUTDOOR STORAGEVESTIBULEGlass WallMAIN ENTRY HALLLAUNDRY ROOM?LAUNDRY ROOM?Glass Wall?19' - 1" 3' - 6" 6' - 9" 13' - 4" 2' - 8" 13' - 4"16' - 5"3' - 6"6' - 9"13' - 2" 13' - 4"13' - 4"13' - 4"13' - 4"13' - 4"13' - 4"13' - 4"13' - 4"13' - 4"13' - 4"13' - 4"19' - 1" 3' - 6" 6' - 9" 13' - 4" 2' - 8" 13' - 4"13' - 4" 13' - 4" 13' - 4" 13' - 4" 13' - 4" 13' - 4"6' - 9" 3' - 6" 16' - 5"29' - 4" 29' - 4"26' - 8"40' - 0"40' - 0"26' - 8"34' - 6" 9' - 4" 26' - 8"19' - 1" 3' - 6" 6' - 9" 13' - 4" 2' - 8" 13' - 4"13' - 4" 13' - 4" 13' - 4" 13' - 4" 13' - 4" 13' - 4" 13' - 4" 13' - 4" 13' - 4"5 1/2"1A3001A3001A300Sim1A300SimENTRYSTOOPENTRYSTOOPISSUE DATE:PROJECT NUMBERThis design drawing and detail is the copyrighted property of WESENBERG ARCHITECTS. No part hereof shall be copied, duplicated, distributed, disclosed or made available to anyone without the expressed written consent of WESENBERG ARCHITECTS.FIELD VERIFY ALL GIVEN DATA BEFORE PREPARATION OF SHOP DRAWINGS, CONSTRUCTION AND INSTALLATION.REVISIONS:SHEET NUMBERProposed Addition and Alterations for:© Wesenberg ArchitectsPRINTED:SET TYPE:PRELIMINARY8/24/2021 12:09:32 PMA101OwnerBoatworks II8/23/20212124Michigan Street Oshkosh, WIFIRST FLOOR PLAN1/8" = 1'-0"1FIRST FLOOR PLANNNO. DESCRIPTION DATE TO: City of Oshkosh Redevelopment Authority FROM: Kelly Nieforth, Community Development Director DATE: September 8, 2021 SUBJECT: Executive Director’s Report for September 15, 2021 EXECUTIVE DIRECTOR’S REPORT RDA-Owned Residential Parcels The City continues to receive multiple calls from interested parties looking to purchase RDA- owned properties. City staff is also looking to add additional signage on properties to promote city neighborhood development programs that may assist with down payment assistance or new construction grants on certain properties. South Shore Redevelopment Area Pioneer Marina/Island Area – Mr. Art Dumke continues to work with City staff and other possible developers to explore development options and funding scenarios. The City Council approved the TID Project Plan on September 24, 2019. The site also qualifies for New Market Tax Credits and was included in an Opportunity Zone. Another pier with additional boat slips was installed in the marina in 2020. Miles Kimball Building (Northwest corner of S. Main/9th Avenue) - The developers are currently going through the city approval process to construct twenty eight (28) residential units in the former Miles Kimball building. The City Council approved the TID Project Plan in April 2021 and Development Agreement in July 2021. 9th Avenue extension to CN Railroad – The 9th Avenue extension and utility undergrounding was included in the City Manager’s Recommended CIP for 2022. Pioneer Drive Riverwalk – The project was awarded to Vinton Construction. The project is anticipated to start this fall and be completed in spring of 2022. Boatworks Property – The RDA will consider an Option request from two developers for the Boatworks property on Michigan Street and W. 4th Avenue. S. Main between 7th and 8th – Mr. Andy Dumke reports he is still trying to develop the Sawdust Lofts. He may apply for affordable housing funding programs. 43 E. 7th redevelopment area- City staff are working with the TWall Enterprises team on the site. A representative from TWall presented a TIF assistance request to Council at their August 10, 2021 meeting. The developer proposes to start construction on phase 1 in October of 2022. Marion & Pearl Redevelopment Area Merge Update – Construction is completed on the Parcel H site, the location of the Brio Building, a mixed-use Food Coop/residential building. Plans have been submitted for Mackson Corner, on Parcel J, along the Fox River and is currently going through the city approval process. City staff applied for a WEDC CDI grant and was awarded $250,000 to apply to the project. Morgan Crossing – Phase 2 – Alexander and Bishop has proposed another multi-family building on the vacant parcel to the east of the existing Morgan Crossing building. Due to issues with the ATC line along the property, the site plan was modified. In addition, building costs have increased and the developer is re-formulating the funding plan for the project which is includes requesting TIF assistance from the City. Sawyer Street/Oshkosh Avenue Multi-modal Trail – WisDOT awarded the City $253,000 for extending the trail east from Punhoqua through Rainbow Memorial Park to the Sawyer Street/Oshkosh Avenue intersection in 2021. Construction has started and will be completed by the end of 2021. Jefferson Street Redevelopment City staff continues to promote the properties in efforts to attract private investment. Staff recently toured the site with a developer from the Milwaukee area with experience in WHEDA affordable housing tax credits.