Richmond Heights Menards: Commission Sends Plan to Council

A divided TIF Commission approved the project, sending it forward to the City Council for final approval.

A divided Tax Increment Financing (TIF) Commission Wednesday approved a plan to amend the Hadley Township Redevelopment plan and a TIF redevelopment plan for Hadley Township South, moving a Menards store development one step closer to finalization. Both measures were approved 6-5, moving the issue to the Richmond Heights City Council. The TIF Commission's recommendation will be taken up by the council no sooner than June 3.  The proposed development is in the southern section of the Hadley redevelopment area–the area south of Elinor Avenue and north of W. Bruno Avenue. It would be just north of Walmart, in the Maplewood Commons, and southeast of Home Depot, in Brentwood. Susan Meyers, Michael Pratl, Michele Kopolow, Betty Humphrey, Nelson …

• Photos (1)

Richmond Heights Council Takes Step to Condemn Properties for Menards Project

The council made the second, but not final, vote toward friendly condemnation of about five properties.

Monday night the Richmond Heights City Council took a step closer to finalizing a Menards store development in the southern section of the Hadley redevelopment area–the area south of Elinor Avenue and north of W. Bruno Avenue. The council had the second reading of an ordinance to purchase the last remaining properties needed for the project through friendly condemnation. “There’s about five properties they have title issues with,” City Manager Amy Hamilton said. “Five out of 80 is a very fair number, so they’re wanting the city to enact the power of property acquisition under Chapter 353.” Hamilton said anyone can see the red line version of the changes before the final vote, which could occur at a budget workshop on April 29 or the …

•  1 Comment
• Photos (1)

Law Offices May Remain Within Menards Development Area

Richmond Heights City Manager Amy Hamilton said entrances to Menards will be off Bruno and Elinor avenues.

A Menards representative announced at the Richmond Heights City Council meeting on Monday that the company has inked agreements with homeowners in Hadley Township, allowing the company to proceed with a new Menards store north of Bruno and south of Elinor avenues. Two commercial properties within the developement area remain unpurchased by Menards. Richmond Heights City Manager Amy Hamilton said the properties—which are law offices on S. Hanley Road—will remain for now. At least one of them, though, is in negotiations with Menards. Sherk and Swope Partner Alan Baker said he can't confirm or deny what Hamilton said, but that the firm is talking with Menards, though he doesn't know what will come of it. If Sherk & Swope LLC and Heller, …

• Photos (2)

Hurdle Cleared for New Menards in Hadley Township

Menards reached agreements with all 100 property owners in the Hadley Township development area. There's still work to be done.

Menards, on Monday, cleared a large hurdle in its plan to build a store in Richmond Heights. The company reached agreements with all 100 property owners in the development area, north of the Walmart in Maplewood Commons up to Elinor Avenue Richmond Heights City Manager Amy Hamilton announced in the council meeting Monday night that the city got the preliminary funding agreement and a check for the remaining $75,000 due. Like Clayton-Richmond Heights on Facebook! “Obviously there’s still a lot of work that needs to be done,” she said. “This was a great step forward that we were looking forward to.” Peter Sheahan, representing Menards in the real estate talks, said he reached agreements with all 100 property owners as of approximately 6 p.m…

• Photos (1)

Deadline Extended for Menards to Get Funding

Menards has two more weeks to secure land for the Hadley Township project.

The development of the Hadley Township Redevelopment Area was an issue at last night’s Richmond Height’s City Council meeting. The council voted unanimously to extend the time to Dec. 4 for Menards, a Midwestern chain of home improvement stores, to sign and fund a preliminary funding agreement for the southern portion of Hadley Township. The agreement states that the developer will pay the city to cover the cost of consultants to review all the project documentation involved in the Menards' project, said RH City Manager Amy Hamilton in an interview after the meeting. The deadline was extended because Menards hasn’t secured all of the property it needs to develop on the township. Hamilton said Menards has 98 out of the 100 needed parcels …

• Photos (1)

Hadley Township: Menards Making 'Very Positive Progress' on Contracts

Meanwhile, a Pace Properties representative addressed the Richmond Heights City Council for the last time to talk about the company's decision to back out of a planned development just south of The Heights community center.

Menards will have until Nov. 20 to sign and fund a preliminary funding agreement for its Hadley Township development. Richmond Heights City Council adopted the resolution at its Monday night meeting. An extension granted in mid-July expired this week. Peter Sheahan, a representative for Menards, said about 20 percent of the neighborhood targeted for development is under contract. If everything goes well, he said, that figure could rise to 50 percent next week. "We are making very positive progress," Sheahan said. Meanwhile, the council received its final update from Pace Properties, which announced late last week it will not pursue its development in the northern section of Hadley. "It just wasn't meant to be," said Rick Randall, senior …

• Photos (1)

Pace Leaves Hadley: 'We Are Disappointed,' Mayor Beck Says

Menards is expected to provide more details about its progress in the Richmond Heights neighborhood in the next month, City Manager Amy Hamilton stated in a news release.

The City of Richmond Heights issued the following news release Saturday after the St. Louis Post-Dispatch reported that Pace Properties is no longer planning a $125 million retail development in the northern portion of Hadley Township. Links to previous articles have been added to help readers navigate. Pace Properties announced Friday they will no longer pursue redevelopment in the Hadley Township Redevelopment Area because they have been unable to reach agreement with all property owners in the area. "This announcement comes after several months of negotiations between Pace and property owners," said Richmond Heights City Manager Amy Hamilton. "Pace has informed us that they will notify property owners of their decision. The City has …

• Photos (1)

Hadley Exit by Pace Properties Draws Reaction on Social Media

The developer's decision to leave the Richmond Heights neighborhood—first reported in the St. Louis Post-Dispatch—drew reaction on Twitter and Facebook.

Pace Properties Abandons Hadley Township Retail Development

The company was unable to reach buyout agreements with some Richmond Heights homeowners, the St. Louis Post-Dispatch reported.

Pace Properties will not continue to pursue its $125 million retail development just south of The Heights community center, the St. Louis Post-Dispatch reported Saturday. The Menards project just north of Maplewood Commons still is moving forward. Quoting from the Post-Dispatch: "Rick Randall, Pace Properties Inc. senior vice president, said the company would not try to use eminent domain to force the reluctant property owners to sell." Read reaction from city officials and hear more from the developer about the challenges posed in Hadley in the complete Post-Dispatch article. More about Hadley Township development on Patch:

• Photos (1)