Dormont land swap up for vote
By Matthew Santoni
Published: Wednesday, Nov. 28, 2012, 8:51 p.m.
Dormont council will vote next month on whether to swap a 75-space parking lot for several parcels owned by the #1 Cochran auto dealership. It will also decide whether to pursue tax-backed loans for a development that could be built on part of the land.
A special meeting is scheduled for 7 p.m. Dec. 19 for a vote on the deal. The borough would trade the parking lot at West Liberty Avenue and McFarland Road to Cochran for its used-car lot across West Liberty at Biltmore Avenue. The borough would also get another small parcel the dealership owns between Biltmore and Park Boulevard.
More details will be released as soon as the meeting agenda is set, said borough Manager Jeff Naftal.
The trade would give Cochran space to build an Infiniti dealership next to its Nissan showroom, and a parking deck that would wrap around the Nissan building. Dormont would control the block of West Liberty between Biltmore and Park. Downtown-based Oxford Development wants to combine the block with Port Authority's adjacent park-and-ride lot at Dormont Junction to build a parking garage, 102 apartments and street-level retail.
“We think it's a great transit-oriented development site,” said Megan Stearman, marketing coordinator for Oxford. “We're definitely interested.”
To finance development between Dormont Junction and West Liberty, the county, borough and Keystone Oaks School District must approve a tax-increment financing plan, officials said. Under it, developers would pay back loans with extra tax money the development generates.
A borough committee would work on the TIF plan, but council must vote to approve it at the Dec. 19 meeting. More detailed studies of how much property tax revenue the project could generate and how much the developers would borrow would come later, Naftal said.
Some business owners have expressed concern over the land swap because it would reduce the number of parking spaces for customers and move them farther away from stores.
Matthew Santoni is a staff writer for Trib Total Media. He can be reached at 412-380-5625 or firstname.lastname@example.org.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.