The Red Cross said the plans are preliminary and has yet to sign an agreement. It must complete a $14 million fundraising campaign before construction can begin on the building, planned to house 150 full-time, part-time and per-diem employees and provide parking for its many volunteers.
But the early agreement calls for Neyer Properties to sell a portion of its property at Keystone to the Red Cross. Neyer would then build the agency's new center and would adjust its plans for the rest of the site.
"The location is very strategic," said Susan Redman Rengstorf, the Red Cross's chief development officer.
Due to a national reorganization of the agency in July, the local chapter now serves 25 counties in Ohio, Kentucky and Indiana, up from 16.
"This will have the latest in communications technology, emergency services, and it's got great visibility and access," she said.
The Red Cross announced in 2006 that it would sell its longtime headquarters on Sycamore Street downtown and seek a location for an $11 million facility.
The need for free parking and ownership of the property made the search challenging, Redman Rengstorf said. The agency had looked at the Keystone site on and off, but only recently found a way to make a deal.
Neyer already has the first building at the park, at 70,000 square feet, under construction. Two letters of intent are signed and a third is on the way, claiming 30 percent of the available space.
Neyer Properties' President Dan Neyer hopes to begin construction next summer.
"Anytime you can create momentum in a development with a party that is well recognized, that helps," Neyer said.
He'll alter his site plan for the Red Cross, reducing the size of two buildings to accommodate a fourth. All will be designed by PDT Architects and be constructed according to Leadership in Energy and Environmental Design standards.
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source: bizjournals.com
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