This evening two items of significance were approved.
The first item was the Arlington Lofts. This is a student housing project that will be located on the north side of
Abrams street. Greystar is the company that constructs student housing all over the in various College/University settings. Lance Hana is their representative, and he has done an exemplary job in representing this project. Essentially the vote this evening was 6-3 in favor. I was a no vote because I felt that the development was located in the wrong place. Its current location did not benefit the school, nor did it benefit the city, since it was four blocks from downtown US . I have ridden around the project area with John Hall, Lance Hana, Lana Wolf, and Michael Glasby. I have even talked to the President of the University, Dr. Vistasp Karbhari. Most agreed that there were several different locations that could have been utilized, but this was the easiest solution for Greystar. So they picked the low hanging fruit instead of doing what I felt was best for the community as a whole. Arlington
The second item had to do with the Lamar Apartment project, currently called the Arlington Commons. Zoning was changed from Multi Use to a PD for multi family with a density of no more than 60 per acre. Then, the 380 agreement was modified in conjunction with procurement financing. John David Moritz will now front the financing for the procurement of the first 3 apartment complexes. What this all means is that this program is a go. We have waited 8 years for something to happen in the overlay, and we are off to the races. Mr. Kembel will engaged lawyers and architects in an effort to close on the first three properties by February 10th. After that date the city will write the check for 2.0 million for demolition and a 1.5 million incentive. It is time for this project to get its wings. I can tell you without hesitation that if it was not for the hard work and diligence of Trey Yelverton and Bruce Payne, we would be living with those deteriorating establishments for the next 8 years. I must say that it has been a long road, and this project currently has the unanimous support of council and staff. It was a good evening