Press Release: New development in Downtown Cudahy
The Community Development Authority and Common Council of the City of Cudahy approved a development agreement for a Community Based Residential Facility (CBRF) at 3460 East Barnard Avenue at their April 2, 2014 meetings. The agreement was approved subject to satisfaction to all contingencies including financial review by our communities Financial Advisors. Work on this development began last September with presentations to the Community Development Authority, Plan Commission, and working with the Department of Natural Resources, the Mayor and the Administration Team. The development will provide for a 48 bed CBRF 28,560 square with an estimated value of $3.8 million dollars. With all of the appropriate State of Wisconsin and Wisconsin Department of Natural Resources approvals, construction is tentatively scheduled to begin in June of 2014.
“I am extremely pleased and thank everyone involved in this process to bring this project to Cudahy,” said Mayor John Hohenfeldt. “This project on the west side of the tracks, along with the construction beginning on the Squire Avenue Village Apartments on the east side of the tracks the project with Developer Dan Carmody and the three 6-family residential buildings will bring shovels to the ground this spring and summer here in Cudahy.” Mr. Carmody’s project, the Squire Avenue Village Apartments will bring new residential life into downtown Cudahy with an added value estimated at $1,850,000. The Squire Avenue Village Apartments are slated to have construction to begin tentatively in May of 2014.
Mayor John Hohenfeldt
City of Cudahy
Summary of Development: 3460 East Barnard Avenue
Community Based Residential Facility (CBRF)
Oakview LLC and the City of Cudahy and Community Development Authority (CDA).
Development Proposal for the construction of a 48 bed CBRF 28,560 square feet with an estimated value of $3.8 million dollars on CDA owned brownfield site.
September 24, 2013: Initial presentation to CDA by LM Consulting and potential land acquisition needed at 3405 East Layton Avenue.
November 12, 2013: Initial presentation to the Plan Commission by LM Consulting for special use and preliminary site utilization plan.
December 10, 2013: Final site utilization and building design plans submitted by TDI Associates Inc. on behalf of LM Consulting to the Plan Commission and Design Review Board (December 3, 2013).
January 14, 2014: Certified Survey Map presented to Plan Commission for approval combining CDA-owned vacant parcels at 3405 East Layton, 3460 East Barnard Avenues with portions of vacant parcels at 3401 East Layton Avenues and 4750 South Sweet Applewood Lane presented to Plan Commission.
January 21, 2014: Certified Survey Map presented to Plan Commission for approval combining CDA-owned vacant parcels at 3405 East Layton, 3460 East Barnard Avenues with portions of vacant parcels at 3401 East Layton Avenues and 4750 South Sweet Applewood Lane presented to Common Council.
January 29, 2014: Meeting with Wisconsin Department of Natural Resources (DNR) regarding action plan for site. Meeting held with DNR, City of Cudahy, Endpoint Solutions Corp. and representatives of the development.
February 28, 2014: Real Estate Closing on vacant parcel completing land acquisition for project.
March 17, 2014: Meeting with Endpoint Solutions Corp. regarding environmental issues on the site and testing results needed for DNR.
April 2, 2014: Consideration of development agreement between CDA, City of Cudahy and Oakview LLC.
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