Oakwood Commons Overview

8/7/2019 Oakwood Commons Overview

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FIRST INTERSTATE P R O P E R T I E S , L T D .

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First Interstate Properties, Ltd. is a Lyndhurst-based ull-service real estate development andmanagement company. For 20 years, First Interstate has built a sound reputation as a development

frm concerned about and resonsbe toard te acts o coerca rot onsurroundn areas. We have built our reputation and our success by careully assessing acommunity’s needs and working proactively to solve community problems. Our proessional teamis dedicated to quaty ork, quaty reatonss and uncorosed aues. The results othat dedication are apparent to visitors at any o the properties First Interstate owns and manages.

First Interstate’s management obective is long-term equity growth and value enhancement. For thatreason, First Interstate pays close attention not only to the initial quality o its developments, butalso to detailed, preventative maintenance or all managed properties. In addition, First Interstatebecomes an active member o the local communities in which it owns and manages properties.We recognize these proects require long-term commitments, so we work hard to develop andnurture long-term relationships in every one o our communities.

Mitchell Schneider is the ounding principal o First Interstate and serves as its President andChairman o the Board. Mr. Schneider, an attorney by training, previously practiced real estatedevelopment law at a mid-sized Cleveland law frm. In 1989, he set out to create First Interstateas a deeoent r t a derence. Mr. Schneider’s commitment to integrity flters throughthe work o each employee o First Interstate, as well as the myriad o proessionals, consultants,contractors and other service providers employed by First Interstate.

Letter to residents of south eucLid

Mitchell Schneider, Pri

› Creating community assets

› Planning or balance

› Setting a new standard

› Welcoming publicengagement

frst interstate Propert es :

A BrIeF HISTOry

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SSTAIICOMMITISRace for the Cure LeGAcy ViLLAGe

Held every Mother’s Day atLegacy Village, The Race is anannual event that originatedseven years ago. The Race wasconceived by a local brotherand sister, as a way to harnessyoung people to actively fight toeradicate breast cancer. The Raceis a family event, where childrenlearn that they can make adifference by raising both money for research and awareness

about the disease. Participants take part in a one mile walk or run around

Legacy Village during the event and 100% of the money raised eachyear is donated to the Cleveland Clinic Taussig Cancer Center for breastcancer research. Hundreds of families participate annually and over$150,000 was raised during last year’s 2010 race.

Change for Charity LeGAcy ViLLAGe

Change for Charity was created by Legacy Village to support community organizations. The program is funded through parking meter proceedsand benefits hundreds of local charities each year. Over $250,000 has been donated since the program’s inception and over 600 localorganizations have benefitted from the funds.

National Night Out Against CrimesteeLyArd coM Mons

National Night Out (NNO) is an annualcampaign to promote awareness andpartnerships between police departmentsand the communities they serve involvingcitizens, law enforcement agencies, civicgroups, businesses, and neighborhoodorganizations. Steelyard Commons hashosted an NNO event for the last 4 yearswith a record attendance of 5,000 in 2010.Local officials speak out against violenceand crime, residents watch and participatein cultural performances put on by community groups, and citizens havethe opportunity to explore emergency vehicles, mobile command stations,do fingerprinting and other demonstrations.

Annual Concert Series hAWthorne VALLey

Hawthorne Valley Shopping Centerin Oakwood Village, Ohio incollaboration with the mayor hashosted the Oakwood Community Concert Series for many years. Forseveral weeks each summer, thecommunity is invited to attend a freeconcert series with nationally andinternationally renowned performerssuch as "The Van Dells", "The Drifters",and "Memories of Elvis."

Heartwalk AVon coMMons

2011 will be the 5th consecutive year that Avon Commons has not onlysponsored but hosted the Lorain County Start! Heart Walk. Designed topromote physical activity and heart-healthy living, the Start! Heart Walcreates an environment that’s fun and rewarding for the entire family.

frst interstate rojects qucky becoe communityassets beyond te tradtona benets o sonotons, jobs and tax reenues. we beee n nback by en our countes address a aretyo county needs. e exaes ro our oterrojects are sted beo.

sustAininGenVironMentsAs part o the Legacy Village development, an existingconcrete lined channel was replaced with over 1,700lineal eet o natural stream bed. In addition, a wetland wascreated within the oodplain. Working with locally basedproessionals and consultants, we implemented a plan thacalled or the replacement o a 700 oot concrete andrailroad tie ume and installed a 1,700 lineal oot naturastream corridor that incorporated oodplains and adacenwetlands. The natural design served to create signifcanareas o natural habitat and reduce downstream ooding.

AITIOAL COMMITPOjCTS ICL:

› Cleveland Fireghter’s Toy Drive & Fundraiser

› Cleveland Scholarship Fund

› Make-A-Wish Foundation

Please note that all of the photos included in this magazine

are taken from properties that are developed and managedby First Interstate.

.. • 1



IHBOHOOIITIATIV

This property is directly adacent to a designated “green neighborhood,”part o an exciting initiative that uses green -building techniques to rehabilitatetroubled residential properties. In act, both South uclid and ClevelandHeights have set goals to enhance their communities’ commitments to “green”living. First Interstate has pledged to bring retailers to Oakwood Commonswith a commitment to sustainable design and L-certifed “green” buildingtechniques. These guidelines, established by the .S. reen building Council,include standards or water efciency, energy use, materials and resourcesor new retail developments. Oakwood Commons will be a model o bestpractices in ortheast Ohio or how green development can enhance aneighborhood. More inormation is available at www.usgbc.org.

› Low-impact development

› Proect designed or sustainable best practices

› A model or sustainable site improvement

› Sustainable stormwater design and management

image

SSTAIABLVLOPMT “

This property is one o the ew

tracts o undeveloped land in the inner-ring

suburbs so we are very pleased that so

much o the property will be permanentlyprotected green space. The development

as planned brings new and important

assets to our community. In addition to new

park land, the City will add hundreds o

much-needed obs and tax revenue rom

the retail development. Best o all, we’re

gaining these new assets without any

investment o public money. First Interstate

is generously providing this green space

and will pay or all road improvementsand amenities or the development. This

is a win-win or everyone and we look

orward to working with First Interstate to

ensure that the development is attractive,

environmentally sustainable and embraces

the character o our walkable, green

neighborhoods.

”Georgine Welo, Mayor, South uclid

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› $250,000 c s el

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›$300,000 caga c

(These figures are rounded and do not include preservationof the Oakwood Country Club buildings or any value for theproposed commercial development or residential units inCleveland Heights.)

2 • ..



SIT PLAOAWOO COMMOS A OAWOO

“This deal would improve the environmental

quality o the property in terms o soil, roots, canopy

cover, streambank stabilization, sediment control,

stormwater iniltration and management, plant and

wildlie habitat and diversity, and water quality in

ine Mile Creek. We’d get a smaller amount o betterquaty reen sace, and a net gain o trees over what’s

there now… This proect is the perect solution or our

landlocked city – new income and improved green

space n an nner-rn suburb. It will draw shoppers and

homebuyers back to our community… This deal would

leave more than a third o the S space natural, restored

rom the degraded horrendous gol course condition

it’s in now. Like the constructed wetland on reen, it

would be restored to higher quality green space than it

is today.

” Jane Goodman,

Member o South uclid City Council (Ward 4)Outreach & Communications irector,

Cuyahoga iver Community Planning Organization

PSVISPACSome opponents have erroneously claimed that the proposed

development will destroy open green space. In act, the

private Oakwood property has been o-limits to local

residents or more than 100 years. Plus, the property is zoned

or residential development and so could be developed with

a subdivision o 142 houses without any zoning changes.

ow, with this proposed plan, 21 acres east o evere oad

in South uclid will be preserved as open green space.

enerations to come will be able to enoy this new parkland

without concern o new development.

BUILDING

EN VELOPE

LIMITS

OUTPARCEL

AREA

OUTPARCEL

AREA

P R O P . 5 0 ’ B U F F E R

C I T Y L I M I T S P R O P . 3 0 ’ B U F F E R

P R O

P . 5 0

’ B U F

F E

R

SUSTAINABLE

GREENSPACE

DESIGN AREA

SUSTAINABLE

GREENSPACE

DESIGN AREA

OAKWOOD COMMONS SITE DATA

EASTERN PORTION REQUEST FOR REZONING 40.72 ACRES

WESTERN PORTION NO ZONING CHANGE 21.12 ACRES

TOTAL ACREAGE 61.84 ACERS

W A R R E N S V I L L E C E N T E R R

D .

R E V E R E R D .

EAST ANTISDALE RD.

NORTH

4 • ..



WHAT OTHS A

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Excerpted from Sun Messenger Editorial, January 15, 2011

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Chris Ronayne, Former Cleveland Planning Director, Chief Development

Ofcer and Chief of Staff; Current President, University Circle Inc.

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Joe Cicero, Mayor, City of Lyndhurst

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Jane Goodman, Member of South Euclid City Council (Ward 4)

PST ST.S. Postage

piCleveland, Ohio

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FIST ITSTAT POPTIS LT.25333 CA ., SIT 300LHST, OHIO 44124

www.oakwoodcommons.net

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ank you or your nterest. pease st .oakoodcoons.neor ore noraton.

W WATTO HAFOM O!

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