Tallmadge -- City Council voted Jan. 24 to approve a conditional zoning certificate for a proposed city center complex project at 76 North Ave.
Joel Testa, chief operating officer of the Testa Companies and co-owner of Mota Design Group of Cuyahoga Falls, is proposing to create "Tallmadge Town Center," a complex on 8.3 acres of mostly vacant land north of Tallmadge City Hall.
Now that the certificate has been approved, the developers will apply for federal senior tax credits, which are expected to be awarded this spring. If the tax credits are granted and the developers continue to pursue the project, construction could begin in November.
The idea is to create a "destination area" or "lifestyle center" with a mixed-use development, combining various types of zoning in the same area. The feel of the complex will be similar to that of Legacy Village in Lyndhurst and Crocker Park in Westlake but will have a significant residential component, according to Testa.
Plans call for incorporating the former Tallmadge Middle School building -- the only structure left on the property -- City Hall, Tallmadge Police Department and two banks near the Circle.
According to city officials, even though the conditional zoning certificate will allow restaurants that serve alcohol, the city's fine dining district doesn't extend to the property. The city would have to further revise the zoning on the property to allow a restaurant that serves alcohol to open there.
If this major project comes to fruition, the development team believes about $38 million will be invested in the city through income taxes new jobs will create, real estate taxes and other ripple effects on the local economy.