BANK ONE..TO SELL OR NOT ?

The city's standards, that's funny. What's going on with the Rose building? Up to city standards? Studio facade? Up to city standard? High grass all over town on empty lots? Up to city standards? Don't get me started.

When does the MUM annual lease end. Is it end of June? If factguy is right, that's quite a bit of capital that would go away, which also would bring property value down associated with tenant occupancy.

The term of the agreement has a provision in it the terminates the Agreement if the city sells the building if MUM wishes to move. Also, as the city made improvements to the building for $50,000, all lease payments associated with MUM will continue to go to the city unless Middletown allows the funds to be passed through to a buyer.I agree with the posters the city has this building locked down. GeoCRE will not get the building, nor any bidder but thje one the city finds matches its vision downtown. Someone posted a document Doug Adkins co-wrote with UC on section 8. Does anyone know it cost as much for the school buildings as Doug Adkins and UC had in their paper it would cost to pave every foot of asphalt in Middletown. Doesn't say much for the voters does it.  Congratulations to Marcia Andrew for getting the levy passed. A major victory for the district.          

probably so, SWO75--that would mean that with purchase price + improvements + taxes etc., the new owners might stick their heads above water after approx. 75% of that lease. Best of luck to them! Business was marketed privately for 3 years to remain as was, but no realistic takers--those with $$ didn't care for the city or neighborhood and stated that they probably couldn't improve sales. Still much praise to Stefano's, BBQ Central, Java Js, Jug and the very nice hair/nail stylists in the neighborhood. All hard-working locals who have built their successes through long hard work WITHOUT dependency on taxpayer funding. The real neighborhood success story in the city.

Prior owners held on longer by a decade than anyone similar in the area, and had 87 great years within the city, working with most all local NEEDY groups(+ some that weren't that needy!) beyond those mentioned by factguy(just ask around). Age of prior owners, the building and equipment + demographic changes made it sensible to call it quits. Asked someone about new venue refrigeration, was told that no inside low/mid-temp back storage--only refrig will be self-contained units, so probably little to no perishables(dairy/frozen) and no fresh meat/produce/deli.

Look for at least one DG to close locally. Was in the Marsh location recently and was surprised to see how cluttered/dated it was. nfl imo. Nice Meat dept. Was offered to me repeatly for a ridiculous amount just to take over(Marsh does not own the building). The holding co. currently owning is not interesting in operating retail or wholesale, and is closing all locations with expiration of leases(look to Hamilton and Franklin to reference). I expect some smaller retailer to eventually take it over, however Whole Foods, Costco, Sam's Jungle or DLM won't be coming to middietown. That Marsh center could be another eventual casualty after the CVS,DG and probable Marsh exit--creating a mega food desert.

I think the right local entity could purchase the Bank One building. Someone with a long, successful local business history. Face it--the property is surrounded by the Rose disaster, Hope House, the Sorg Opera House(Colonial Theater) fiasco, empty 5/3 and 1st nat buildings, vacant former Hysterical Society---the area bar is pretty low.

The "silent" and "loud" citizenry has lost patience with the admin, particularly Planning. Wouldn't be surprised to see at LEAST 3 OF 5 councilmembers go against recommendation of Planning with the right massaging.

Well maybe the new city manager(who ever that may be) will let Marty go. We all know it's time for that to happen.

Bank One building is a gold mine. Cincinnati State has interest in turning part of it into Cincinnati State Credit Union. Marty is going to be around for another 10 years. Council won't get rid of Marty, nor will the city manager.     

That is why it is a gold mine. They want to lease or have a split of revenue. They also have a police car or two, and employees, and want a credit union that their students and employees, and MUM can use.   

No space in Ist National, all for new classrooms.

This will help Middletown, and so will the new lakefront park work coming. Middletown will be in high demand once the schools are done.

Factguy:

As one of the most brilliant teachers at Fenwick in the 1960s often said: "Your education has been sadly neglected."

u might be too young(or am I too old?) factguy
sos
deja vu all over again
Groundhog Day

Lol
Hopefully not all of them