Photo by Don Shrubshell

Construction continues Tuesday morning on a 100-unit apartment complex at Walnut Street and College Avenue. The developers also are seeking to rezone land on the south side of Walnut, just across from the property, to construct an additional 120-unit building.

By Andrew Denney

Tuesday, May 1, 2012

Negotiations between the North Central Columbia Neighborhood Association and the developers of a new student apartment complex at College Avenue and Walnut Street hit a snag last night after the neighbors asked that the developers put $1 million into a trust fund for neighborhood improvement projects.

The developers, Nathan and Jon Odle, are seeking approval for a rezoning request to allow the construction of a 120-unit apartment building on the south side of Walnut, across from a 100-unit apartment building scheduled to open this fall. The developers have been in talks with neighbors to gain their support for the rezoning request, which could be brought before the Columbia Planning and Zoning Commission on May 10.

Over the past few weeks, neighbors have met with Nathan Odle and Craig Van Matre, an attorney for the developers, to work out terms of a contract to require the developers to restrict traffic from the complex onto the Ash Street bike boulevard and encourage apartment residents to use nonmotorized transportation. But after further discussion with other area residents, neighbors involved with the negotiations said they think the developers should pay more for their support.

"The feeling of the neighborhood association is if we're going to do it tit for tat, then let's do it tit for tat," said Mara Aruguete, who lives on Hubbell Street. Nina Wilson-Keenan, who lives on St. Joseph Street, said in an email that money from the developers could be used for neighborhood betterment projects such as a property rehabilitation grant program and green-space preservation.

Van Matre said there is "no way" he would be able to get his clients to agree to give $1 million to a trust fund for the association. He said if his clients' refusal to give to the trust fund is a "deal breaker," then "the deal is broken."

"I wouldn't be able to get them to agree to it if I held a gun to their head," Van Matre said. "If I waterboarded them, they wouldn't agree to it."

The rest is here:
Neighbors want $1 million from apartment developers

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May 2, 2012 at 6:14 am by Mr HomeBuilder
Category: Apartment Building Construction