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HomeMy WebLinkAbout03-25-24 Public Comment - A. Sweeney - Public Comment on Application # 23354, the GuthrieFrom:Alison Sweeney To:Agenda Subject:[EXTERNAL]Public Comment on Application # 23354, the Guthrie Date:Monday, March 25, 2024 4:09:55 PM CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Dear Mayor and Commissioners I’m requesting that you exercise the prerogative granted to the commission in section 38.200.010 B.2. of the Bozeman Municipal Code to reclaim the role of review authority in regards to Application # 23354, known as the Guthrie. · Exception. The city commission may, by an affirmative, simple majority vote of its members at a regularly scheduled meeting reclaim to itself the final approval of a development application normally subject to the approval of the community development director. The vote must occur prior to the action of the community development director. The applicant has failed to meet the criteria for a Certificate of Appropriateness (COA) for demolition within the Neighborhood Conservation Overlay District(NCOD) according to Bozeman Municipal Code. · 38.220.090 A.1.j If demolition of a historic structure, as defined in article 7 of this chapter, is proposed a structural analysis and cost estimates indicating the costs of repair and/or rehabilitation to bring the structure to a (1)habitable condition as established by the applicable technical codes in Article 10.02, (2)versus the costs of demolition and redevelopment. (3)Analysis must include cost estimates from more than one general contractor for the work. The cost comparison is between the cost to rehabilitate the structure to a condition which meets the building code standard for occupancy and (2)demolition and construction of a new structure of the same type and scale to building code standards. 1. A COA for demolition within the NCOD requires a cost estimate for the existing structure to be brought up to habitable condition according to code. Was the bid to bring the structure up to habitable condition, or did it include excessively nice finishes and systems not required by code to make the bid for renovation more expensive? Arco Murray projected hard costs of close to $9 million. There were no other bids. This bears closer scrutiny. 2. No bid was provided by Homebase Partners for the cost of construction of a new structure of the same type and scale. Homebase Partners only provided a pro forma for the new 5 story 111 unit building, which will necessarily require steel construction, not a new building of the same type and scale. The current structure is described as follows on the historic inventory form: The building is wood framed with a concrete foundation. It has a U-shaped plan, which is open on the west side. The gable-front wall is clad in brick, with decorative mid-century fiberglass panels filling space between window openings. To the north and south are two-story residence wings that extend east-west, forming the two arms of the “U” shaped plan. The residence wings have a parapeted flat roof and are clad in EIFS 3. Homebase Partners has not provided competing bids. Only one estimate for renovation is listed in the documents for public review. Arco Murray projected hard costs of close to $9 million. Were any local companies asked for bids? · Article 7 defines a historic structure as “Any building or structure that is: 1. listed in the State or National Register of Historic Places; 2. designated as a historic property under local or state designation law or survey; 3. certified as a contributing resource within a National Register listed or locally designated historic district; or 4. eligible, as determined by the City of Bozeman, to be listed on the National or State Register of Historic Places either individually or as a contributing building to an existing or potential historic district. Bozeman’s map of historic places contains a property record for 321 N 5th describing the current convalescent center as eligible for the National Register of Historic Places. https://weblink.bozeman.net/WebLink/DocView.aspx? id=228180&dbid=0&repo=bozeman When asked by our own Historic Preservation Officer to provide the required documentation described above, Homebase partners said they provided the following: “budgets, pro formas, and financial analyses which provide clear evidence of why pursuing a renovation of the existing building is not feasible. In the renovation analysis you can see that based on the construction and operational costs the project would not even be able to cover debt service. Neither we, nor any bank, would undertake a project with these projections.” The question asked, and the requirement for issuing a COA for demolition within the NCOD, is not, can the developer make a profit! It is; does the cost of bringing the structure to a habitable condition exceed the cost of demolition and redevelopment of a new structure of the same type and scale to minimum standards. Homebase Partners has not satisfied the requirements to issue a demolition permit. Though Bozeman code does not provide any obligation of the city to guarantee the developer makes a profit on their choice of project for the adaptive reuse of a historic resource I would draw your attention to the following. I question whether the income projections for the renovation are deliberately low in order to make the project seem financially insolvent. The pro forma for the renovation lists the monthly rents per unit type as follows: · a studio at $1350/mo · 1 bedroom at $1500/mo · 2 bedroom at $1700/mo · 3 bedroom at $1900/mo This is below market rate rent for Bozeman. Remember this renovation requires no affordable housing be provided. The new build is renting “affordable” units as follows: · studios at $1650/mo · 1 bedroom at $1684/mo I question why the affordable units that give the developer the deep incentives rent higher than estimated market rate units in the renovation. By my calculation based on current market rate rents in Bozeman, the pro forma for the renovation underestimates income by at least $225,000 annually. This calls into question all of the work submitted, and makes the case for the commission to reclaim final review authority of the project. I can tell you the developers fee doubles in the new construction. The Commission has set a priority to strengthen historic preservation in Bozeman. This can begin by enforcing existing code. The 2020 Community Plan cites historic preservation as an area where the city can do better according to the residents who participated. Page A-3. The Commission has set a priority to rebuild trust and pride in local governance. Reclaiming review authority over this project will help you accomplish all three. Thank you for your service and consideration, Alison B. SweeneyBernadette's Handmade Jewelry Bozeman MT406-404-5740 alison-bernadettes.com