Thursday, May 9, 2013
A divided TIF Commission approved the project, sending it forward to the City Council for final approval.
A divided Tax Increment Financing (TIF) Commission Wednesday approved a plan to amend the Hadley Township Redevelopment plan and approved a TIF redevelopment plan for Hadley Township South, moving a Menards store development one step closer to finalization. Both measures were approved 6-5, moving the issue to the Richmond Heights City Council. The TIF Commission's recommendation will be taken up by the council no sooner than June 3. The proposed development is in the southern section of the Hadley redevelopment area–the area south of Elinor Avenue and north of W. Bruno Avenue. It would be just north of Walmart, in the Maplewood Commons, and southeast of Home Depot, in Brentwood. Susan Meyers, Michael Pratl, Michele Kopolow, Betty Humphrey…
Tuesday, April 16, 2013
The council made the second, but not final, vote toward friendly condemnation of about five properties.
Monday night the Richmond Heights City Council took a step closer to finalizing a Menards store development in the southern section of the Hadley redevelopment area–the area south of Elinor Avenue and north of W. Bruno Avenue. The proposed development would be just north of Walmart, in the Maplewood Commons, and southeast of Home Depot, in Brentwood. The council had the second reading of an ordinance to purchase the last remaining properties needed for the project through friendly condemnation. “There’s about five properties they have title issues with,” City Manager Amy Hamilton said. “Five out of 80 is a very fair number, so they’re wanting the city to enact the power of property acquisition under Chapter 353.” Hamilton said anyone can …
Tuesday, December 4, 2012
Menards reached agreements with all 100 property owners in the Hadley Township development area, but there's still work to be done.
Menards, on Monday, cleared a large hurdle in its plan to build a store in Richmond Heights. The company reached agreements with all 100 property owners in the development area, north of the Walmart in Maplewood Commons up to Elinor Avenue. Richmond Heights City Manager Amy Hamilton announced in the council meeting Monday night that the city got the preliminary funding agreement and a check for the remaining $75,000 due. “Obviously there’s still a lot of work that needs to be done,” she said. “This was a great step forward that we were looking forward to.” Peter Sheahan, representing Menards in the real estate talks, said he reached agreements with all 100 property owners as of approximately 6 p.m. on Monday. At the Nov. 19 council meeting…
Wednesday, November 21, 2012
Menards has two more weeks to secure land for the Hadley Township project.
The development of the Hadley Township Redevelopment Area was an issue at last night’s Richmond Height’s City Council meeting. The council voted unanimously to extend the time to Dec. 4 for Menards, a Midwestern chain of home improvement stores, to sign and fund a preliminary funding agreement for the southern portion of Hadley Township. The agreement states that the developer will pay the city to cover the cost of consultants to review all the project documentation involved in the Menards' project, said RH City Manager Amy Hamilton in an interview after the meeting. The deadline was extended because Menards hasn’t secured all of the property it needs to develop on the township. Hamilton said Menards has 98 out of the 100 needed parcels …
Wednesday, September 19, 2012
Meanwhile, a Pace Properties representative addressed the Richmond Heights City Council for the last time to talk about the company's decision to back out of a planned development just south of The Heights community center.
- GOVERNMENT
- Nate Birt
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Wednesday, September 19, 2012
Menards will have until Nov. 20 to sign and fund a preliminary funding agreement for its Hadley Township development. Richmond Heights City Council adopted the resolution at its Monday night meeting. An extension granted in mid-July expired this week. Peter Sheahan, a representative for Menards, said about 20 percent of the neighborhood targeted for development is under contract. If everything goes well, he said, that figure could rise to 50 percent next week. "We are making very positive progress," Sheahan said. Meanwhile, the council received its final update from Pace Properties, which announced late last week it will not pursue its development in the northern section of Hadley. "It just wasn't meant to be," said Rick Randall, senior …
Tuesday, September 18, 2012
Menards is expected to provide more details about its progress in the Richmond Heights neighborhood in the next month, City Manager Amy Hamilton stated in a news release.
- GOVERNMENT
- Nate Birt
-
Tuesday, September 18, 2012
The City of Richmond Heights issued the following news release Saturday after the St. Louis Post-Dispatch reported that Pace Properties is no longer planning a $125 million retail development in the northern portion of Hadley Township. Links to previous articles have been added to help readers navigate. Pace Properties announced Friday they will no longer pursue redevelopment in the Hadley Township Redevelopment Area because they have been unable to reach agreement with all property owners in the area. "This announcement comes after several months of negotiations between Pace and property owners," said Richmond Heights City Manager Amy Hamilton. "Pace has informed us that they will notify property owners of their decision. The City has …
Saturday, September 15, 2012
The company was unable to reach buyout agreements with some Richmond Heights homeowners, the St. Louis Post-Dispatch reported.
- GOVERNMENT
- Nate Birt
-
Saturday, September 15, 2012
Pace Properties will not continue to pursue its $125 million retail development just south of The Heights community center, the St. Louis Post-Dispatch reported Saturday. The Menards project just north of Maplewood Commons still is moving forward. Quoting from the Post-Dispatch: "Rick Randall, Pace Properties Inc. senior vice president, said the company would not try to use eminent domain to force the reluctant property owners to sell." Read reaction from city officials and hear more from the developer about the challenges posed in Hadley in the complete Post-Dispatch article. More about Hadley Township development on Patch:
38.62814
-90.319908
Richmond Heights City Hall
1330 S Big Bend Blvd, Richmond Heights, MO
/articles/pace-properties-abandons-hadley-township-retail-development
1714309
/locations/7845155
Tuesday, August 21, 2012
The development company made a presentation to City Council on Monday night in St. Louis.
Representatives with Pace Properties updated the Richmond Heights City Council on Monday about the status of its discussions with Hadley Township property owners. The company is planning a $125 million retail development just south of The Heights community center. "You have some tremendous residents in that area," said Rick Randall, senior vice president of Pace. "They really are some awesome people, and they've got some big decisions to make, and I appreciate the fact that some of them are taking longer than I had hoped." Randall said there are 68 properties in the area that his company has been working with. While the company does not have signed contracts for commercial properties, "we basically have come to an agreement in principle …
38.62814
-90.319908
Richmond Heights City Hall
1330 S Big Bend Blvd, Richmond Heights, MO
/articles/pace-properties-updates-richmond-heights-on-hadley-contracts
1714309
/locations/7643951
Monday, August 20, 2012
The developer is planning a $125 million retail project just south of The Heights community center. Richmond Heights City Council will hear an update at its Monday night meeting.
Representatives from Pace Properties are expected to update the Richmond Heights City Council on Monday night about their buyout discussions with Hadley Township property owners. The company has proposed a $125 million retail development just south of The Heights community center. It has set up an office on Hanley Road in conjunction with Menards, which plans to develop the section of Hadley just north of Walmart and other Maplewood Commons stores. The two companies are using the space to discuss buyout offers with property owners. Earlier this month, a Menards representative told City Council that the hardware chain was as much as two months behind schedule. The Monday meeting begins at 7:30 p.m. at City Hall. More about Hadley Township …
38.62814
-90.319908
Richmond Heights City Hall
1330 S Big Bend Blvd, Richmond Heights, MO
/articles/hadley-township-pace-properties-to-update-city-on-buyout-talks
1714309
/locations/7632827
Thursday, August 9, 2012
The company is planning a hardware store on Hanley Road just north of Maplewood Commons.
A Menards representative on Tuesday updated the Richmond Heights City Council on the status of their hardware store planned in Hadley Township "We finally have made offers," said Peter Sheehan, who represents the company. "We started making offers about 10 days ago." In all, Menards is working to get contracts on 84 parcels of land in Hadley. The company is planning a $56 million development just north of the Walmart in Maplewood Commons. The company is between six weeks and two months behind the schedule it planned, Sheehan said. He said that the process has been a little more daunting than anticipated and that the company is in the process of opening several other stores in the St. Louis area. Sixteen Hadley Township homeowners have been…
maureen yowell
8:18 pm on Thursday, May 9, 2013
here we go again! when are some one going to stand up and scream NO WAY!! NO More TIF's. If you can't afford it any other way than don't do it this year but on down the line when you can afford to build the store without TIF money. you did it in St. Peters and O'Fallon, so why not here? because they knew there would be TIF money offered. which should be taken off the table and let's see what … more ›