5/4/64 10 4 Plr. Shenehon also reported that the Prudential Bldg., (while not a high-
<br />A copy of the Shenehon report was submitted to the Council
<br />rise, still a massive structure) seems to have had no effect on the surrounding
<br />residential area.
<br />for reviex.
<br />R-4 Zoning, Mr. Neville asked Mr. Shenehon if the high-rises would be more
<br />successful economically, and fir. Shenehon replied
<br />so, yes."
<br />of the property, adding that anyone who has been in New York or Chicago knows
<br />of the monotony of this type of development.
<br />to the South the Southdale Shopping Center complex; to the West a new hospital
<br />and medical building; to the North an expressway (which he described as one of
<br />the most effective Barriers which could be developed against encroachment on
<br />residential properties), and th the East, double bungalows, 1-Ir. Neville asked
<br />Mr. Shenehon if, in Mr. Shenehon's expert opinion, the erection of high rise
<br />apartments would have any adverse effect on the valuatiori of the residences North
<br />of the expressway; and Mrm Shenehon replied that he could not believe, from his
<br />investigation and research that it would have any effect whatsoever on property
<br />Mr. Benjamin Bermel, was next introduced by Mr. Neville, and stated that
<br />as a real estate broker for about eighteen years he is familiar with the area
<br />and was asked to take a look at this proposal and study it and (at question from
<br />Mr, Neville) that he feels the high-rises will have no effect on the values of
<br />the properties north of the Crosstown Highway;.that the high-rises will complement
<br />the area.
<br />statements as to sale by Dayton Development Company to Devco and the restrictions
<br />placed upon this sale.
<br />the Southdale development showed the area north of 66th Street as an apartment
<br />development (this was in 1952-3); that later, in 1955, the Company came in with a
<br />refined plan, which showed high rises in the area; that the matter of high-rises
<br />in the location is no immediate surprise to the neighborhood or the Council.
<br />Asked by I4r. Neville what he thinks about the effect high' rises will have on the
<br />valuations of single family properties, 1-5r. Crear told Council the lots in Southdale
<br />residential area doubled in value the day the plans for Southdale Shopping Center
<br />were announced
<br />Mr. Byron Ireland, Architect for the Devco project, showed a llskyline'l
<br />sketch of the area--the Hatertower, 210 ' 9'' talL, the Southdale Shopping Center,
<br />1,000,000 Sq.Ft., the Medical Center, 70' tall, the Hospital, 100' tall, and the
<br />proposed towers, 170' tall, then the other proposed apartments, and the residantial
<br />' building, straight north, was 1570 Ft.; Northwest, 1200 Ft. Mr. Ireland said that
<br />R-4 Zoning would be disastrous, here; that developers are attempting to make some-
<br />thing more pleasant by striking a balance of densities; that they cannot do a good
<br />job of renting the periphery apartments without the community facilities planned
<br />for the center of the project; that he believes the towers will be a tremendous
<br />asset to the area.
<br />Village and the neighborhood will be enhanced greatly by the proposed plan as opposed
<br />to the typical 2-1/2 story complex; that Devco is trying for better use of land and
<br />higher value for apartments.
<br />of importance to Devco, or they wouldn't come back to Council so soon; that Devco
<br />people are decent people; Dayton people are interested in having the development;
<br />the Planning Commission has gone into the proposal at some length and has unanimously
<br />approved; that he submits this is a matter that is merieorious, and would like
<br />action at this time, favorable to construction of the two high rise apartments.
<br />compared with R-4 apartments.
<br />two and three and one-half million dollars is earmarked for the towers, whereas about
<br />half this amount would be spent for the other type apartments.
<br />asked as to whether this area is in the Richfield School District. Answer, yes.
<br />playgounds and lots of other things that have all disappeared in this area, asked
<br />for answers to several questions relative to this proposal, and some questions
<br />pertaining generally to the matter of rezoning for high rises.
<br />As to this specific proposal, he asked (1) what consideration is being given
<br />to the proposed restrictive o d' ance by the State relative to high rise structures
<br />surrounding the airport: (2) &e~e there is a Village Ordinance, or a part of the
<br />Building Code which requires booster pumps for high-risea; Saying he had asked for
<br />a provision requiring booster pumps some time ago, Mr. Tupa suggested that such
<br />provision be made a requirement now, before zoning is considered. As to the '
<br />height restriction relative to airport, Nr. Hyde reported the Natertower had been
<br />approved, subject to its having a light; and, as regards the booster pumps, Mr.
<br />Hite replied that the building code does provide that adequate water supplies must
<br />be furnished to each dwelling unit--which would demand installation of booster pumps.
<br />Showing a drawing of the type of development pe-issible under the present
<br />would be inclined to think
<br />He added he does not think the Rw.4 plaan is the highest and best use
<br />Describing fhe land useage surrounding the proposed'apartment development--
<br />Mr. William Crear of Southdale Development Company confirmed Mr. Neville's
<br />1 Mr. Crear told Council that the original master plan of
<br />I He said the distance from the apartments to -ishe nearest residential
<br />I4r. Iver Young, one of the principals of Devco, said he is convinced that the
<br />In summing up, Mr, Neville told Council that the matter of the twin towers is
<br />Someone from the audience asked what the comparative tax base would bee-towers
<br />Mr. Ireland replied about two to one; that between
<br />Question was also
<br />I Trustee Tupa, saying that the Council has had plans for apartments, showing
<br />WE +Rer
<br />On the general subject, Mr. Tupa inquired about the contemplated height of the