News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Northeast Ohio Medical University

Hospice of the Western Reserve

Metro RTA


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Government and Politics


Cuyahoga County's real estate consultant says an unsuccessful bidders claims are off the mark on Ameritrust
County Council hearing both sides before making decision
by WKSU's KEVIN NIEDERMIER


Reporter
Kevin Niedermier
 
Cuyahoga County's Ameritrust complex in downtown Cleveland. County Council must decide if a developers bid is the best deal for the county. Another developer says its unsuccessful bid is better.
Courtesy of Kevin Niedermier
Download (WKSU Only)
In The Region:
The debate continues over which developer is offering Cuyahoga County the best deal on its Ameritrust property. Last month County Executive Ed FitzGerald recommended the property be sold to the Geis Companies. But another bidder claims he can save the county millions. County Council, which has the final say on the deal, Tuesday heard a rebuttal of that claim.
Click to listen

Other options:
Windows Media / MP3 Download (1:28)


 

The Geis Companies has offered $27-million for the Ameritrust property and will build a new county headquarters on part of the space. Optima Ventures also bid on the property, but was not selected. Optima claims it’s impractical to build a new county headquarters because there’s so much excess office space in downtown Cleveland. Optima’s deal includes putting the new headquarters in another building it owns. The company first offered $15-million for the Ameritrust property, but later raised that to $30-million. The county’s real estate consultant told council that Optima’s claim of a better deal is off by more than $40-million, primarily in its estimates of operating and parking costs. Councilman Jack Schron chairs the economic development and planning committee. He says the Optima bid gives council added context for making a decision on the Geis deal.

“At this point the Geis deal is what’s on our agenda and any other points of view of developers who also presented proposals but weren’t successful in getting the recommendation are merely background for out thought process on this particular recommendation.”                                                                                                                        

Council will probably vote on the Geis deal at its January 22nd meeting. Last year the county put several properties up for sale, and in the next few weeks more potential buyers are expected to be announced.                                                                       
Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

Local Ebola concerns cause officials to pay more attention to West Africa
I have a better idea, let's secure our borders and spend those billions of dollars on our own first.

HUD and Cuyahoga Land Bank extend a housing deal for another year
Need to sale lot, and would like to know how to contact someone to see if they may be interested in the property that sat between two lots. If you can give me...

Akron Beacon Journal details abuse claims against televangelist Angley
In the early 90's I went forth for pray. And the man was anointed by the hand of God. Just a fact I will never forget

Lawmaker questions why a million voters didn't get absentee applications
He's a damn lie! I vote n all elections. I missed 1. Haven't gotten my absentee ballot and their making it hard to get one.

Thirsty Dog Brewery warns it might have to leave Akron
Why is it the city's responsibility to find this guy a location? There are a hundred realestate companies that could help him.

Kent State sends home three after contact with second Ebola-stricken nurse
Why weren't all health workers who were around Duncan quaranteened for 21 days and tested for Ebola? That's a no-brainer. Why was Vinson allowed to travel right...

New book says Willoughby Coal is haunted...and that's good for business
Would love to see a series of books that would just thrill me. I cannot wait to visit some of the locations. And revisit some of the locations I have already vi...

Cleveland Indians to continue with 'dynamic pricing'
pricing is too high for a family as well as people like me who are on a fixed income. Bleacher seats are cheaper but concessions are rediculous.

Kasich talks about faith, drugs and education -- but never FitzGerald
The idea that you can learn more by talking to a 90 year old person than from a history book is just another example of how the GOP hates education and knowledg...

Third-grade charter school students fail state testing
A partisan anti-charter group came out with analysis that ODE says is based on incorrect data. So why is this a story? It doesn't seem to rise to WKSU's typic...

Copyright © 2014 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University