Explanation
Background: This ordinance authorizes the Director of the Recreation and Parks Department (the "Department") to enter into a Memorandum of Understanding with Wagenbrenner Development, DBA Thrive Companies, (the "Developer") and Franklinton Apartments I QOZB, LLC (the "Owner") and to formally accept and dedicate from the Owner a 1.7 acre parkland parcel at 854 West Town Street in Franklinton as part of the Mount Carmel West development, as required by City Code Chapter 3318. In addition, this ordinance will authorize the Director of Recreation and Parks to grant a temporary construction access easement and enter into a park construction and maintenance agreement with the Developer.
Since 2019, the former Mount Carmel West Hospital Campus in Franklinton has been in planning to redevelop the area into a mixed use neighborhood of residential, commercial, and office spaces. During the rezoning process, the Department has been working with the Developer to establish highly needed public park space in Franklinton. As a result of these discussions, the Department and the Developer have agreed to the terms of an MOU that will require the Owner to donate a 1.7 acre parcel of land to the City to be dedicated as public parkland. Upon completion of construction of other buildings in this direst vicinity by the Developer, the Developer has also agreed to build a new park on the donated parkland and to maintain the park improvements in perpetuity.
The Recreation and Parks Commission approved the terms of the MOU and authorized the Director to accept the land donation at its September 14, 2022 meeting.
Principal Parties:
Wagenbrenner Development Inc. DBA Thrive Companies
842 North 4th Street, Suite 200
Columbus, Ohio 43215
Mark Wagenbrenner, (614) 545-9247
Franklinton Apartments I QOZB, LLC
842 N. Forth St. Ste 200
Columbus, OH 43215
Emergency Justification: Emergency action is requested in order to authorize the Director to enter i...
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