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RCS Assists as The Residences of Good Park Takes a Major Step Forward
Akron City Council Approves Conditional Use and Development Agreement with Alpha Phi Alpha Homes
At its meeting Monday night, Akron City Council approved two ordinances necessary for a new 82-unit residential development in West Akron to move forward. The Residences at Good Park, which will be developed by Alpha Phi Alpha Homes, will be constructed on the City-owned 17.2-acre site of the former Perkins Middle School at the intersection of Mull Avenue and South Hawkins Avenue. The ordinances approved by the Akron City Council approve both a conditional use permit and a development agreement between the City and Alpha Phi Alpha Homes.
The Residences at Good Park will be comprised of 34 single-family 1,200 square feet townhouse units along Mull Avenue and South Hawkins Avenue. 23 single-family units, between 1,700 and 1,900 square feet, will be constructed around a centrally-located public park that will compliment several greenspaces throughout the development. Additionally, 25 lots along and near the City’s Good Park Golf Course will be developed and sold to individual homeowners for high-end custom homes. The townhouses are expected to be sold at $195,000, the park-side single-family homes are expected to sell for between $229,000 and $279,000, and the custom home lots are expected to start at between $40,000 and $50,000.
“Alpha Phi Alpha Homes has been a major developer and operator of single-family and multi-family housing in Akron since 1966,” said Tom Fuller, Executive Director of Alpha Phi Alpha Homes. “The diversity of the housing options in The Residences at Good Park will appeal to everyone from empty-nesters looking to downsize into a lower maintenance townhouse, young professionals looking for their first home, and established families that prefer the convenience of life in the City of Akron. On behalf of Alpha Phi Alpha Homes, I would like to thank Mayor Dan Horrigan and the Akron City Council for their support of this project.”
The Residences at Good Park will be the first large single-family housing development in West Akron in several decades. The new neighborhood is anticipated to contribute to the City’s goal to grow its population to 250,000 residents by 2050. As a result, the City agreed to support the development in several ways, including contributing the land for the development, approving a 100% community reinvestment area residential tax abatement for a period of 15 years, and assisting with the financing of public infrastructure for the development.
“The City of Akron is pleased to partner with Alpha Phi Alpha Homes to make The Residences at Good Park a reality,” said Mayor Dan Horrigan after the Council approvals. “For the last five years, we have worked to identify ways to redevelop vacant land in Akron, including City-owned land, to provide quality housing options for current and new residents of Akron. The Residences at Good Park is our next step forward in Akron’s continued growth and success.”
Law firm Roetzel & Andress LPA represented Alpha Phi Alpha Homes before Akron City Council and assisted with the negotiation of the development agreement with the City.
"Roetzel & Andress is happy to partner with our long-standing client, Alpha Phi Alpha Homes, to assist with developing the concept for the Residences at Good Park and moving that concept forward," said Lewis Adkins, Practice Group Manager of Roetzel's Public Law, Regulatory and Finance Practice Group. "As we move into the next phase of the development, we will continue to provide the quality services necessary to make West Akron's first new major residential neighborhood a reality."
Since its inception in 1966, Alpha Phi Alpha Homes, Inc. has advanced its mission to develop, manage and provide quality housing and superior services through the creation or enhancement of thriving communities. Alpha Phi Alpha Homes advocates for the disadvantaged and are committed to creating self-sufficient mixed-income communities for all throughout Akron and Northeast Ohio. In Akron, Alpha Phi Alpha Homes has developed The Landings at Canal Park and the Townhomes at Canal Park, and also operates Channelwood Village, Charles H. Wesley Tower, Henry A. Callis Tower and James R. Williams Tower.