As published in Toledo Business Journal - January 1, 2020

Bellevue Hospital located at 1400 West Main Street in Bellevue

Bellevue Hospital located at 1400 West Main Street in Bellevue

Hospital spurs development
in Bellevue

Prairie Ridge subdivision has capacity for 45 single-family homes and 95 condos

A new development – the Prairie Ridge subdivision – is being constructed in Bellevue and consists of a mixed housing development with both single-family lots and condominiums in a rural setting just west of The Bellevue Hospital. The development has the capacity for 45 residential single-family homes and 95 condominium units. In total, there is a potential to develop 37 acres of land.

The land, which was owned by The Bellevue Hospital, was available and already annexed into the City of Bellevue. According to Michael K. Winthrop, president and CEO, The Bellevue Hospital, The Bellevue Hospital Foundation provided the initial funds to set up the infrastructure of the project and as condo and home lots are sold, The Bellevue Hospital Foundation will be reimbursed a portion of the proceeds to offset the initial investment.

“In general, there is a lack of housing in Bellevue. This development is geared toward empty nesters and young families. As Prairie Ridge is developed, it is anticipated existing homes in the Bellevue area will become available for sale, providing options for families,” said Winthrop.

Contractors Design Engineering of Norwalk is both the site design / civil engineer and the general contractor; Shortridge Construction of Castalia is the site contractor; and other local subcontractors include 7 L Construction of Bellevue, Smith Paving and Excavating of Norwalk, and Prairie Ridge Builders of Norwalk, in conjunction with JMK Construction of Plymouth.

According to Adam Weaver of Contractors Design Engineering, the design for the project began at the start of 2019 and it will be completed in multiple phases based on community interest.

Weaver noted that the first phase of the project consists of 10 single-family lots and the potential of nine condominium units. Currently, the roads and infrastructure have been completed and the model condo unit is being built. Marketing and selling of condominiums will begin late winter / early spring by Howard Hanna Gary J. Strayer Realty in Bellevue.

A model condo being constructed at the Prairie Ridge subdevelopment

A model condo being constructed at the Prairie Ridge subdevelopment

“The condominiums, which are a great choice for empty nesters or busy professionals, will begin in the mid-$200,000 range for a standard approximate 1,800 square foot stand-alone unit with a two-car garage. The condos are designed with two bedrooms and a one-room study with a closet that could transition into an additional bedroom if needed. The bedrooms are equipped with walk-in closets,” said Weaver. “The condos will be designed with a high-end look on the front exterior with shake siding and stone veneer on the garages. There are several types of units to choose from and those who purchase a condo also have choices of color for siding, type of stone, and shingle colors. Condos also come standard with covered back porches.”

According to Weaver, all of the condo units will have Andersen windows, a high efficiency HVAC unit, and a tankless hot water heater.

“We also will use spray insulation, which will make the condo more energy efficient,” said Weaver.

Weaver also noted that residential lots for single-family homes will also be available and there will be an architectural board and set guidelines, but individuals can use a builder of their choice.

“The location of the development is a definite plus. You have the scenic views of a rural setting, but it also is conveniently located close to the hospital and physicians’ offices, in addition to having a walking path right next door, a bicycle trail nearby, and an Anytime Fitness across the street for recreational activity,” said Wintrop.

Winthrop also noted that although there are currently no plans for commercial development, the Route 20 frontage could be conducive to development if needed in the future.

The City of Bellevue is also involved with this project, as it offers a city-wide Community Reinvestment Area (CRA) real estate tax exemption program, which offers real estate tax savings by reducing the taxable portion of the property associated with the new construction or remodeling, up to 100 % and not to exceed 15 years.

“This tax exemption program partners well with Prairie Ridge. It is a nice incentive for those considering purchasing a condo or residential lot,” said Dave Sabo, economic development director, City of Bellevue. “This project is a win-win for the city. We were finding that we were running out of areas to build new homes in Bellevue. This project is nice because it provides both condos and residential lots for new homes while also freeing up housing in the city for first-time homebuyers and others who would like to purchase an existing home within the city.”

Winthrop noted that the project will attract / retain residents who might have moved out of Bellevue due to lack of housing.

“The City of Bellevue is happy to be a part of this project. This will be a great addition to the city,” concluded Sabo.

 

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