Dublin City Council is considering multiple pieces of legislation related to a retail, restaurant and office development near the city's legacy office parks.

Council members will hear first readings of four ordinances Nov. 18, two involving new and existing tax-increment-financing districts related to the project, one for a development and infrastructure agreement between the city and Daimler Group and one for a land rezoning. All four ordinances will have a second reading and public hearing Dec. 2.

The city, in partnership with Daimler Group, plans to develop about 13.5 acres of city-owned land on the west side of Frantz Road, north of Rings Road.

Paul Ghidotti, executive vice president with Daimler, previously said the company was selected by the city for the possible project after responding to a city request for ideas for the site.

ThisWeek Dublin Villager reached out by phone and email to Daimler for additional comment but has not heard back from the business as of Nov. 19.

The city released a request for qualifications in May and selected Daimler in the summer.

The project is within the Dublin Corporate Area Plan and is intended to encourage new and complementary investment, create open spaces and walkable areas and reposition legacy office sites, said Dublin senior planner Claudia Husak.

Dublin's Corporate Area Plan, approved by Dublin City Council in September 2018, applies to about 987 acres populated by corporate offices. It targets office parks in the Metro, Blazer and Emerald districts in the city, which have buildings dating from the 1970s to the 1990s.

Dublin Mayor Greg Peterson said the project will be an asset to not only neighbors in the immediate area but the larger community.

"I believe it will revitalize the entire Frantz Road corridor," Peterson said, for residents and business community.

Project concept

The Daimler Group's project concept provides retail and restaurant uses that have been identified as missing amenities in the planning area and creates a "front door" along the Frantz Road frontage with well-landscaped buildings, said Donna Goss, Dublin director of development.

Public gathering spaces are proposed adjacent to the Frantz Road sidewalk and a linear walkway feature connects through the site to the adjacent open space, where enhancements to the existing pond will be made to create a destination for respite, she said

The proposed design for the collection of buildings is in an urban farm style, which will define the development as a place and not a series of individual buildings, while complementing the adjacent Field of Corn public art installation, Goss said.

"The area will undoubtedly become a destination for both the residential and corporate community, and the city is very pleased to be working in collaboration with the Daimler Group on this transformative project," she said.

The proposed development would be a mix of office, restaurant and retail space, along with parks and open space, Husak said. The plan doesn't include residential space, she said.

According to a Nov. 12 memo to council, development will include an estimated 47,000 square feet of restaurant and retail space and two build-to-suit pad sites of approximately 12,000 square feet each.

Goss said the parks and open spaces would take up just over 4 acres of the development, with pedestrian and bike connections. The city will retain ownership of the park, she said.

Financing details

Dublin will invest $3,365,000 for the park and required public improvements, Goss said. The city will transfer 9.33 acres to Daimler; the total value of the land transfer will be $787,508.

To prepare the site for the development, council members will consider an ordinance to rezone the approximately 13.5 acres from office, laboratory and research district to planned unit development district.

Daimler will construct the public improvements for the site, including parks and pond enhancements, according to a Nov. 12 memo to council. The business also will construct a minimum of $10.4 million in private improvements to retail commercial buildings. Future development also will allow for the construction of two office buildings on the site, according to the memo.

To finance the project, $1.6 million from an existing Rings/Frantz Road TIF will be used, with an additional $1.765 million financed by Daimler, according to the memo. The city will reimburse Daimler approximately $230,000 annually for 10 years from the Rings/Frantz TIF and a new TIF named The Corners.

According to two Nov. 12 memos to council, to maximize the TIF service-payment revenue and recoup the city's investment of Rings/Frantz TIF service-payment revenue in the project, the city is proposing to remove the project site from the Rings/Frantz TIF and create a new TIF on the site, to be in place for up to 30 years.

That TIF, like the current one, would be a nonschool TIF, according to the memo, meaning the school district would be made whole.

Over a 30-year period, the Dublin City School District would receive approximately $7.1 million, Tolles Career and Technical Center would receive approximately $190,000 and Dublin would receive $3.8 million, according to the memo.