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Rose Furniture

Printed From: MiddletownUSA.com
Category: Middletown City Government
Forum Name: Community Revitalization
Forum Description: Middletown Community Revitalization News
URL: http://www.middletownusa.com/forum/forum_posts.asp?TID=5280
Printed Date: Apr 19 2024 at 2:57am


Topic: Rose Furniture
Posted By: Vivian Moon
Subject: Rose Furniture
Date Posted: May 24 2013 at 6:35pm
Posted: 5:00 p.m. Friday, May 24, 2013

Supporters ask downtown building be spared from demolition

By http://www.middletownjournal.com/staff/michael-d-pitman/" rel="nofollow - Michael D. Pitman

Staff Writer

MIDDLETOWN —

A group of downtown supporters do not want the city to demolish the former Rose Furniture building.

Neither does the city’s own Historic Commission, though the city’s community revitalization department has filed an appeal and it will be re-heard at the May 30 commission meeting. The commission’s nine-member board voted to deny the application at the May 16 meeting.
Well this same Historic Commission had nothing to say when Ms Judy was going to demo the Vault at the Middletown Cemetery however now that it involves a property on Main Street this building must be saved...

A small contingent of property owners and supporters of the downtown attended City Council’s Tuesday meeting asking the city-owned building at 36 S. Main St. not be razed.

“A complete demolition would create a dead space, a black hole, a front tooth missing in the smile of that block,” said Lewitt, who represents the ownership of the adjacent U.S. Hotel at 34 S. Main St. “It will be another lot for the city to mow, maintain and to sit on for who knows how long. Instead, why not save the facade?”
But ,but, but City Hall can always use another parking lot. City Hall does not care what the entire block looks like, just take a look at the other blocks of THEIR DOWNTOWN.

Doug Adkins, Middletown’s Community Revitalization director, filed the appeal. He could not be reached for comment, but according to an three-page appeal, with 14 pages of support from two experts, indicates repairing the building, or even giving it away, is not justifiable.
Well Mr Adkins it sure was not a problem for City Hall to give away all the other buildings. Has Art Central started restoring their building yet since it was not up to code at the time of transfer?Wink

“If the building was donated by the city to a new owner, I respectfully submit that there is no possible use nor could the building be adapted for any other potential use that could justify a reasonable rate of return … ,” Adkins wrote.
Rate of Return?  LOLLOLLOL City Hall hasn't even broke even on the other buildings that they purchased in THEIR DOWNTOWN.

The building, appraised for $40,360 (which does not include the $34,570 value of the land), would cost $47,600 to repair the building according to an August 2011 estimate, but did not include roof or structural repairs. Adkins wrote that the city received an estimate that would cost the city $400,000 to make the necessary repairs and remove any hazardous materials from the building built in the early 1900s.
And lookie here, now even the downtown lots has value. Just a few months ago we were told that these buildings had very little value.

According to the letter sent to the city’s building department from city’s planning director, Marty Kohler, who also serves as the historic preservation administrator, the commission denied the application for demolition for five reasons, some of which were similar to Lewitt’s points:

  • the facade has “significant architectural value” and adds to the value of the row of buildings along the block;
  • the demolition is based on the poor condition of the property “which is the result of the willful neglect of the property by the city of Middletown;
  • significant evidence on attempts to preserve the property was not presented by the city;
  • the worst damage is in the rear and demolition of that part should be explored while retaining the Main St. facade;
  • the building “could be a valuable asset” for the downtown as it continues revitalization.
     



Replies:
Posted By: Vivian Moon
Date Posted: May 24 2013 at 6:44pm
Where is City Hall going to get the funds to demo the Rose Furniture building?
I thought Ms Judy was going to get a 2 million dollar bond and this building was going to be removed using those funds.

I do not believe that Mr. Adkins can use the 2.1 million dollar Moving Ohio Forward Fund to demo this building.



Posted By: Voleye
Date Posted: May 24 2013 at 8:29pm
This building is past needing torn down.   If it isn't torn down soon it will fall.   Stand in front of the pawn shop and look up.    You can see parts of the building around the gutters have already fallen,  Up high on the back of the building there is missing bricks.   The building needs torn down, it has been an eyesore and empty for several years.


Posted By: spiderjohn
Date Posted: May 24 2013 at 8:49pm
Outside of C St, every building on the two-block run of S Main St should come down, including the Sorg Mansion and Opera House. They are all eyesores that could nowhere near pass code, and have not been remotely maintained by their owners. Typical selective enforcement and cronyism of the type that is fractionizing our community and festering municipal distrust.
 
If they are so valuable, why haven't they been maintained and used for anything meaningful?
By allowing them to fall into such distressed condition for so long, their owners are pretty much saying that they honestly don't care about them, and in most cases are expecting someone else to maintain and/or restore them. Well--there is no one out there to do that any more. There are far more important issues out there.
 
jmo
 
jmo


Posted By: Libertarian
Date Posted: May 25 2013 at 12:19am
Vivian,
 
Is it really true that Mr. Akins staff recently cited your residential property for a "debatable" code violation?  And, did he finally have demolished the long dilapidated homes adjacent to you on Waite Street plus Grand Avenue?
 
Thanks for your previous efforts to try to have Mr. Akins mow two to three foot tall weeds/grass near you at properties on Waite Street, Grand Avenue, etc.  Knowing that Mr. Akins reads posts on this blog, I guess that he wanted to send you a message?
 
Keep up the good work !
 
 


Posted By: Vivian Moon
Date Posted: May 25 2013 at 3:22am
Typical selective enforcement and cronyism of the type that is fractionizing our community and festering municipal distrust.

Spider
The selective enforcement of the law has become a joke in this community and that is why all the buildings downtown are in their current state of disrepair and City Hall's actions are 25 years tooo late.  
Every time I drive past the Ducan Oil property at the tracks I wonder what on earth was City Hall thinking when they made this mess? When is City Hall going to clean up this mess?
No vision...no plan...no clue


Posted By: Middletown29
Date Posted: May 25 2013 at 7:10am
Lewitt/Finkelman should covern herself with fixing their property


Posted By: VietVet
Date Posted: May 25 2013 at 7:44am
I like this comment from Lewitt.......

“A complete demolition would create a dead space, a black hole, a front tooth missing in the smile of that block,” said Lewitt, who represents the ownership of the adjacent U.S. Hotel at 34 S. Main St. “It will be another lot for the city to mow, maintain and to sit on for who knows how long. Instead, why not save the facade?”



UHH.........RACHEL, WHAT ABOUT ALL THE "DEAD SPACE"...."BLACK HOLE"....."FRONT TOOTH MISSING IN THE SMILE OF THE TOWN IN VARIOUS PLACES" (COMICAL COMMENT FROM RACHEL BY THE WAY) COMING FROM THE EMPTY SPACE FROM ROOSEVELT SCHOOL,OLD JEFFERSON SCHOOL, SUNSET POOL, HALF THE FRIKKIN' DOWNTOWN, BY THE TRAIN STATION, THE OLD HOSPITAL AREA AND OTHERS? KINDA LOOKS A LITTLE DESOLATE IN THOSE AREAS TOO, RIGHT? IT AIN'T JUST YOUR PROPERTIES AND IT AIN'T JUST YOUR DOWNTOWN THAT THIS APPLIES TO, RACH. IF DEAD SPACE BOTHERS YOU, WHY DOES IT BOTHER YOU IN JUST THE DOWNTOWN AREA AND NOT THE ENTIRE TOWN? THIS DAM TOWN IS LOOKING A LITTLE "APOCALYPTIC" THESE DAYS WITH ALL THE EMPTY "NOTHINGNESS" THAT IS LEFT AFTER THE SATURATION DEMOLITION. WHERE WAS THE OUTRAGE BEFORE THE OTHERS WERE TORN DOWN?

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I'm so proud of my hometown and what it has become. Recall 'em all. Let's start over.


Posted By: 409
Date Posted: Jun 07 2013 at 9:28pm
From MJ:
Historic Commission chair says ‘shame on you’ to City Council
By http://www.middletownjournal.com/staff/michael-d-pitman/" rel="nofollow - Staff Writer

MIDDLETOWN —

The chair of the Middletown Historic Commission voiced her disagreement with City Council this week about the city’s attempt to have the former Rose Furniture building demolished.

Last month, the Historic Commission voted 5-2 to support the city’s hardship appeal as to why it needed to demolish the building at 36 S. Main St. in the historic South Main District. But the commission said everything but the facade is permitted to be demolished.

Commission chair Nancy Romero told City Council on Tuesday “shame on you” for acquiring a building “you had no intention of doing anything with,” not maintaining the building “to the level you expect the citizens” to maintain their properties, and intending to spend $300,000 to demolish the building “when you could have repaired that building for only $47,000 two years ago.”

The building has fallen into disrepair, mostly because of a leaky roof. The damages sustained to the building have also affected the adjoining building to the north at 34 S. Main St.

She also was critical of the city for its hardship appeal to the Historic Commission, which turned down the order for demolition earlier in the month, “when you did not meet the three points necessary for a hardship case.”

She also did not think the city should have had Community Revitalization Director Doug Adkins “bully and threaten” the Historic Commission into approving the appeal.

Last week, Romero told The Journal that Adkins had “bullied” the commission into approving the appeal, saying City Council would “override” any negative decision. Adkins said he was “candid” in his presentation and was honest of what the city’s next steps would be if the commission would turn down the request.

Adkins said last week that the next step in demolishing the building will be to seek request for proposals for demolition estimates.



Posted By: over the hill
Date Posted: Jun 08 2013 at 10:54am
Thank you Ms. Ramero for standing before council and telling us how Adkins REALLY treats people when he thinks no one is watching.


Posted By: Vivian Moon
Date Posted: Jun 08 2013 at 11:51am
Over the Hill
He acts like a bully when he stands before City Council also.
Remember his famous quote "Give me the POWER and I will make it happen".
Let's see if he enjoys being bullied by HUD


Posted By: over the hill
Date Posted: Jun 08 2013 at 1:38pm
LOL Hope he gets his MOJO workin' with that power, he's going to need it. GO ahead, Doug, bully HUD


Posted By: Libertarian
Date Posted: Jun 08 2013 at 1:40pm
Over The Hill and Vivian -
 
It's strange how two frequent MUSA participants continue to sing the praises of Mr. Akins.
 
When you look at the past four years you see many bold proclamations like the 2,300 home code violation blitzkrieg, the 20-year $50 Million NSP plan for impacted neighborhoods, the loss of up to $75,000 per home in the NSP boondoggle, the replacement of CONSOC with Nelson & Associates, the world famous Inspection Group that was brought in to "upgrade" Section 8 property violations (not to mention their quick departure because of numerous problems), blanket demolition of 300 houses mostly in Ward 2, the absence of any known redevelopment plans for the 300 vacant lots, the high cost of program delivery and program administration fees as a percentage of the budget, etc. etc.  What a record that city sttaf has created (not) with milllions of HUD funds!
 
Mr. Akins boosters, please tell us your version of cost accountability, housing market rejuvination in Ward 2 plus parts of Ward 1, proper expenditure of HUD funds to upgrade the city and its' image in S.W. Ohio?


Posted By: over the hill
Date Posted: Jun 08 2013 at 1:46pm
Thank You Libertarian,You hit the nail on the head!!!


Posted By: spiderjohn
Date Posted: Jun 08 2013 at 7:44pm
The guy is out to cut the program, therefore breaking the addiction to federal money that has been spent dis-proportionally on cronyism and special interests instead of improving the entire city as made possible

The guy is willing to take down blight, including facing off with the downtown money-grabbers and the hysterical society.

He was in no way involved in ?able spending or buying useless buildings.

Do I like everything ?
Absolutely not
Do not like losing big money on rebuilds--- which seems to have been abandoned for demo policy
A good move IMO

Too hard on poor people trying to maintain a home. With picky preferential code violations also

We need tough but fair right now
Seems like a guy to start just that unless the power people lay on him

Still-not time to turn back now

Jmo


Posted By: Libertarian
Date Posted: Jun 09 2013 at 12:29am
Steve -
 
If HUD were to allow a reduction of 1,000+ S8 vouchers, what would be the impact on the housing market in Ward 2 and parts of Ward 1.  With the reduction of vouchers, is it true that current montly market rents for non-subsidized properties are significantly less?  Where will the up to 1,000 new renter households come from?  How will the reduction of S8 units adversely impact residential property owners?
 
The majority of S8 vouchers added took place (for the most part) prior to the hiring of Marty Kohler.  You should speak with Neal Barille and Angela Tucker about that.  However, as recently as 2006, Mr. Kohler bragged about the benefits of S8 insofar as rental property reinvestment was concerned.
 
The damage is now done and I have no issue with reducing some of the vouchers.  What I do not agree with is the lack of a cost-effective strategy to reclaim our declining neighborhoods.  The wrecking ball alone is hardly a comprehensive plan of attack.  It is true that quite a few structures warrant demolition.  However, surely there must be a more logical approach to accomplishing this goal.  Tear it down and they will come is not the answer.


Posted By: spiderjohn
Date Posted: Jun 09 2013 at 1:08am
Filling low-end properties with non-productive S8 lifers may not be the answer either--wherever in the city they may be.
The current strain on schools, public safety and the retail business sector has taken a toll that will take a generation to repair(if we ever get started). What we offer now as a community is probably not going to bring new contributing families here, and actually may cause them to look elsewhere with more comfortable demographics.

A small splatter of an art district and a couple of decent restaurants is not going to do it either.
Trying to force development with continual subsidies hasn't worked either.

The only way to make this community attractive  and successful again is by changing the demographics imo.
The beginning work will be ugly, but necessary.

Tough luck for the landlords, but they have milked the govt. dole long enough, at our expense.

I am definitely open to a better solution--just lay it out for me.



Posted By: over the hill
Date Posted: Jun 09 2013 at 9:58am
Spider, I think you struck a cord: "Tough but Fair" I think that's all anybody wants.


Posted By: Miss Kitty
Date Posted: Jun 09 2013 at 12:13pm
Most of our problems began when we had Bill Becker as a city manager. We lost AK general offices and many more bad things happened because we had a man(A police officer) with NO knowledge on how to run a city. Now we have Judy (who's a joke) investing everything into Downtown and making other crazy decisions. We haven't had a city manager running this city since Ron Olson.


Posted By: Libertarian
Date Posted: Jun 09 2013 at 1:41pm
Vivian, Steve, Terry, Mike and Pacman -
 
As you know, Mr. Akins had over $3 Million in two separate NSP allocations at his disposal.  Despite the fact that he wasted up to $75,000 per individual housing acquisition/rehabilitation project, whatever happened to the funds that were netted from eventual sale of these frivolous undertakings?  How much funding is involved?  Were these funds diverted to "downtown" projects like the acquisition of the asbestos-laden movie theater on Central Avenue?  Or, is he using these taxpayers dollars on more property demolition?  What is going on?


Posted By: over the hill
Date Posted: Jun 09 2013 at 1:58pm
That's the questions that has been asked all along, but we can't seem to get answers. The only way to get these answers is probably an outside audit.Every time someone goes to city offices for answers, you get stonewalled and put off.


Posted By: LMAO
Date Posted: Jun 09 2013 at 4:56pm
Originally posted by over the hill over the hill wrote:

That's the questions that has been asked all along, but we can't seem to get answers. The only way to get these answers is probably an outside audit.Every time someone goes to city offices for answers, you get stonewalled and put off.

WHAT WE HAVE HERE IS A FAILURE OF COMMUNICATION.
All of them are nothing but LIARS. They have been doing it such a long time they have to make up a new lie to cover up another lie.Tongue


Posted By: Pacman
Date Posted: Jun 09 2013 at 6:55pm
Originally posted by Libertarian Libertarian wrote:

Steve -
 
If HUD were to allow a reduction of 1,000+ S8 vouchers, what would be the impact on the housing market in Ward 2 and parts of Ward 1. The Reduction of S8 Vouchers in Middletown, if I am current, will have no impact on Ward 1 and Ward 2 as the vouchers will remain in affect until such time as the voucher holder exits the programs or moves to another housing authority. If you are talking Rental fees/amount, there will be no impact as HUD determines the rental amount by the number of bedrooms in each property. With the reduction of vouchers, is it true that current montly market rents for non-subsidized properties are significantly less?  Most Likely they would be less for non-subsidized renters. That's the way the cookie crumbles in the s8 rental business.  It is not up to the city to support the rental business in Middletown.  The fact that you believe there may be a reduction in rental fees in Wards 1 & 2 leads me to believe you know what will happen over time with these properties. Where will the up to 1,000 new renter households come from?  That is not a problem of the city or the residents of Middletown.  The residents of Middletown should not bare the cost or any other fee for private businesses.  How will the reduction of S8 units adversely impact residential property owners? Personally I think it will have little to no impact on my family. 
 
The majority of S8 vouchers added took place (for the most part) prior to the hiring of Marty Kohler.  Marty Kohler had his fingers in this pie enough to leave his prints behinds.  You should speak with Neal Barille and Angela Tucker about that.  However, as recently as 2006, Mr. Kohler bragged about the benefits of S8 insofar as rental property reinvestment was concerned.
 
The damage is now done and I have no issue with reducing some of the vouchers.  What I do not agree with is the lack of a cost-effective strategy to reclaim our declining neighborhoods.  The wrecking ball alone is hardly a comprehensive plan of attack.  It is true that quite a few structures warrant demolition.  However, surely there must be a more logical approach to accomplishing this goal.  Tear it down and they will come is not the answer. Don't tear it down and they definitely WON'T come.  Once again it is not the citizens of Middletown's $$ that should be use to line the pockets of S8 Landlords.  Having been a business owner for 22 yrs and the lose of my business due medical reasons, I do not expect the citizens of Middletown to pay my way or to make up for the lose of over $200,000.00 I suffered.  Even though I am now blind with a heart condition and have no use of my right arm.  I am now in the process of starting another business and I do not expect a hand out or freebie from the city or anyone else.  PacmanCool


Posted By: Pacman
Date Posted: Jun 09 2013 at 6:58pm
Originally posted by Libertarian Libertarian wrote:

Vivian, Steve, Terry, Mike and Pacman -
 
As you know, Mr. Akins had over $3 Million in two separate NSP allocations at his disposal.  Despite the fact that he wasted up to $75,000 per individual housing acquisition/rehabilitation project, whatever happened to the funds that were netted from eventual sale of these frivolous undertakings?  How much funding is involved?  Were these funds diverted to "downtown" projects like the acquisition of the asbestos-laden movie theater on Central Avenue?  Or, is he using these taxpayers dollars on more property demolition?  What is going on?

Libertarian,

these are questions that should be taken up with the City.  I believe one of the reason the Middletown was declared over 50% below poverty level was so that these funds could be used anywhere in the city.  You could find the answer to most of these questions on the City's website. 

PacmanCool


Posted By: Pacman
Date Posted: Jun 09 2013 at 7:00pm
Originally posted by spiderjohn spiderjohn wrote:

The guy is out to cut the program, therefore breaking the addiction to federal money that has been spent dis-proportionally on cronyism and special interests instead of improving the entire city as made possible

The guy is willing to take down blight, including facing off with the downtown money-grabbers and the hysterical society.

He was in no way involved in ?able spending or buying useless buildings.

Do I like everything ?
Absolutely not
Do not like losing big money on rebuilds--- which seems to have been abandoned for demo policy
A good move IMO

Too hard on poor people trying to maintain a home. With picky preferential code violations also

We need tough but fair right now
Seems like a guy to start just that unless the power people lay on him

Still-not time to turn back now

Jmo

Spider,

I agree with you 100%.  Personally I believe the city needs a "kick ass and take names later" personality to straighten things out.

PacmanCool


Posted By: John Beagle
Date Posted: Feb 05 2017 at 1:09pm
No update since 2013

http://www.middletownusa.com/forum/forum_posts.asp?TID=6417&PID=47768" rel="nofollow - http://www.middletownusa.com/forum/forum_posts.asp?TID=6417&PID=47768

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http://www.johnbeagle.com/" rel="nofollow - John Beagle

Middletown USA

News of, for and by the people of Middletown, Ohio.


Posted By: whistlersmom
Date Posted: Feb 07 2017 at 12:12am
Douglas Adkins posted this on Jan. 20, 2017 at 8:56 am under “Manchester Inn sold”

“Rose Furniture will be rebuilt as part of the Goetz Tower project with retail first floor and upper level apartments. Took a long time but it will get done.”

John, I wouldn’t hold my breath waiting for Rose Furniture to be completed. The now deteriorated condition of the structure is obvious. Just stand by a window on the sidewalk and look up inside – you will see the sky due to the roof having fallen to street level. In 2013, Robinette was given (free and clear) Rose Furniture plus $300,000 to fix the roof. Nothing has been done. How much has the delay added to the cost of rebuilding? Why didn’t (shouldn’t) the city have a contract requiring start and completion dates? No urgency here! Wonder what Robinette did with the $300k for the roof!!? Has Robinette run out of money? Is that the reason the city had to lease the first floor of the Goetz Tower? What else can we give him to support his lifestyle? Oh yeah, Liberty Spirits.

After the Rose Furniture debacle, why does the city continue to favor Robinette over any others who might want to make a real contribution to their revitalization plans?


Posted By: Analytical
Date Posted: Jul 14 2017 at 7:47am
Originally posted by whistlersmom whistlersmom wrote:

Douglas Adkins posted this on Jan. 20, 2017 at 8:56 am under “Manchester Inn sold”

“Rose Furniture will be rebuilt as part of the Goetz Tower project with retail first floor and upper level apartments. Took a long time but it will get done.”

John, I wouldn’t hold my breath waiting for Rose Furniture to be completed. The now deteriorated condition of the structure is obvious. Just stand by a window on the sidewalk and look up inside – you will see the sky due to the roof having fallen to street level. In 2013, Robinette was given (free and clear) Rose Furniture plus $300,000 to fix the roof. Nothing has been done. How much has the delay added to the cost of rebuilding? Why didn’t (shouldn’t) the city have a contract requiring start and completion dates? No urgency here! Wonder what Robinette did with the $300k for the roof!!? Has Robinette run out of money? Is that the reason the city had to lease the first floor of the Goetz Tower? What else can we give him to support his lifestyle? Oh yeah, Liberty Spirits.

After the Rose Furniture debacle, why does the city continue to favor Robinette over any others who might want to make a real contribution to their revitalization plans?

Over six months later, are there any new developments to report on the vacant, blighted and decaying Rose Furniture property?


Posted By: buddhalite
Date Posted: Jul 14 2017 at 11:48am
Okay - all digs aside - I have a serious question.

Who else beside the 3-4 names that have been mentioned here on the forum are interested in revitalizing downtown and have cash to pay to rebuild/repair these buildings and put them back in use?

Are we talking another 3-4 people, 25-50 people or more?  I am curious as to how many contractors/investors out there are interested.

Bob


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"Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions." -Ludwig van Mises


Posted By: VietVet
Date Posted: Jul 14 2017 at 1:38pm
But Bob, Robinette isn't a typical investor. A typical investor sees and opportunity and uses/risks THEIR OWN MONEY to finance the endeavor. Robinette, a former city employee I believe, takes the CITY TAXPAYER'S MONEY GIVEN TO HIM BY HIS CITY PALS, and uses other people's money to do business. Vast difference in investment techniques.

It does not take guts to risk other people's money with no consequences if the transaction fails. Anyone can do that.

It does take guts to invest your own money though.

Robinette, as I have heard in the past, has no money of his own to risk so he gets it from his buddies in the city building.......on multiple occasions I believe.

And what is the history of the Robinette city money give-away to date?

We have the Rose Building----a bust so far

We have the Goetz Tower incident----has this produced anything worth noting so far? Anyone?

And, we have the brewery place where the last I heard some brewery tanks were installed but is it functional as yet? Haven't heard. Anyone?

Do these examples of dealing with Robinette seem like a worthy endeavor to you Bob? If the answer is no, then why does the city keep giving him money if he doesn't produce viable results? The guy is a snake oil salesman and the city leaders are actually buying into his bs.

IMO, public taxpayer money should NEVER be used to stimulate development, especially in the downtown area. It should have been private money from day one down there. Let the investor take the hit if a failure, not the taxpayer who has no sayso as to how their money is being used. If the downtown can't be developed using private money, then let it die on the vine. They have spent millions for over a decade down there and look at the pathetic results we see to date. Ridiculous waste of time and money IMO. Downtown speculation building purchases, using taxpayer money, is as wrong as it gets. Let these business people who believe in their downtown take the risk. I hope they are all successful but don't help them out using other people's money. Just flat out wrong.

Hell, the east end is more active with more viable shopping than the dam downtown ever was and it was all done with private monies.

The downtown died in 1958 when the Middletown Shopping Center and I-75 were built. The downtown migration to the east side of town started then. We older residents remember the location transition well.

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I'm so proud of my hometown and what it has become. Recall 'em all. Let's start over.


Posted By: buddhalite
Date Posted: Jul 14 2017 at 2:55pm
Viet,

You answered the question I was eventually getting to and that is - there's not but a couple of folks willing to put money in downtown - and it should just be left to implode.

I'm not in favor of monies going downtown (and I'm on record for that) unless it is private money.

The real money is going elsewhere.  There's a reason.  

Bob


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"Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions." -Ludwig van Mises


Posted By: John Beagle
Date Posted: Jul 14 2017 at 3:44pm
Originally posted by VietVet VietVet wrote:



IMO, public taxpayer money should NEVER be used to stimulate development, especially in the downtown area. It should have been private money from day one down there. Let the investor take the hit if a failure, not the taxpayer who has no sayso as to how their money is being used. If the downtown can't be developed using private money, then let it die on the vine. They have spent millions for over a decade down there and look at the pathetic results we see to date. Ridiculous waste of time and money IMO. Downtown speculation building purchases, using taxpayer money, is as wrong as it gets. Let these business people who believe in their downtown take the risk. I hope they are all successful but don't help them out using other people's money. Just flat out wrong.
 

Well said, Clap I also have the same opinion.


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http://www.johnbeagle.com/" rel="nofollow - John Beagle

Middletown USA

News of, for and by the people of Middletown, Ohio.



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