Comad Management Group LLC logo image

Comad.com - Comad Managment Group

ADVISORY, CONSULTING AND
COMMUNICATIONS SERVICES
SINCE 1972

Comad Services - When a capable third-party perspective can help plan when, where and how to start, revise and stop.

COMAD - Effective and efficient
advisory services and support

 


 

NEWS
Avondale Town Center target for organizers
Post staff report
 
09/01/1994
The Cincinnati Post
METRO
Page 13A
(Copyright 1994)

The Avondale Town Center has long been a focus for the community and Cincinnati City Hall to re-energize the community torn apart by the riots of the 1960s.

If the new program proposed by Cincinnati City Council Member Dwight Tillery and a coalition of six Avondale churches is going to work, the city of Cincinnati will have to acquire the town center.

The city would then turn the center over to a new organization the churches hope to form for the center's management and renovation.

That, though, may be a long way off. Cincinnati city officials say the future of the shopping center is still in question.

Since 1992, city officials have been talking with the owners of the shopping center about its future. The current talks focus on a possible operating agreement which would deal with occupancy, security and recruitment of new businesses.

Deputy City Solicitor Pete Heile said the city will make a final effort to reach an accord with the owner. Previous attempts have failed. If the city cannot reach an accord, Cincinnati City Council could request the solicitor's office go to court against the Town Center, which could result in ownership being transferred back to the city.

The current joint venture which owns the center has not filed all the legal paperwork required by the city's loan agreement.

That breach of contract could become the focus of the legal challenge.

As of 1992, the joint venture which owns the center included Cincinnati basketball legend Oscar Robertson, Cincinnati lawyer Robert S. Brown, James Cummins (Brown's law partner) and the New York City architectural firm of Hardy, Holzman and Pfeiffer, as well as George Makrauer, Don Mendelsohn and Robert Leschner.

Brown and Robertson could not be reached for comment Wednesday.

The center cost $2.75 million to build in 1983. The city's share included $150,000 which was to be repaid over 30 years at 6 percent interest and another $750,000 which was to be repaid over 30 years at no interest.

The 40,000-square-foot center has been plagued with bad management and a persistent drug and crime problem.

 


© 1996 -  • COMAD GROUP
EMAIL COMAD
2145 Tallsman Ct.
The Villages, FL 32163 • USA
Landline 352-753-9289
Mobile and IM 352-291-0199
Fax - Call in Advance 352-753-9648
Web ComAd.com
1996-2006 ComAd Management Group, Inc.
2007- ComAd Property Management, LLC

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
"Been on WWW for Awhile":
Image of Comad's presence on the WayBack Machine Archive