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.

Knight Foundation

Wayside Furniture

Akron Children's Hospital


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


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

Bridgestone exec indictments are latest step in a billion-dollar price-fixing case
Why is O.P.E.C Not investigated and charges brought against it and it's member companies? It sounds exactly the same...

Ohio's new drilling rules rely on known earthquake faults
requiring drillers to place seismic monitors when they drill within 3 miles of known fault lines. This comment really upsets me!! What good does an instrument t...

Kasich's gubernatorial ad focuses on his blue-collar roots
John Kasich is the biggest con-man in America. He will say one thing and then do the opposite. He is terribly successful at fooling the public and he is worki...

Cab drivers who refuse to drive Gay Games taxis will be replaced
the irony is that most americans distrust or hate muslims much more than they hate gays!! silly ignorant bigots-GO HOME!!!

New transportation companies come to Cleveland
Ride-sharing companies are breaking laws and regulations every day. From regulatory fee evasion to use of smartphone while driving (and even two smartphones(!) ...

Cleveland anti-poverty agency executive resigns amid financial probe
That committee won't be too independent. He plans to stay on until after the new appointee is chosen.

How can you wipe a criminal record clean?
Great article! NO CLINIC in May 2014, however, because it's graduation month for students For the next dates of the FREE Legal Clinic to help with Expungment,...

Drilling remains suspended while ODNR investigates NE Ohio earthquakes
Flaring and lights, so has all been halted? Also, smell of HS2 and sounds of an auger/drilling/water rushing underground. So, has all been halted? In light of t...

Will the Ohio River carry fracking wastewater?
Texas $ vs. WV citizens . Who will our governor listen to?

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