Powhatan Point

Revitalization Association

Powhatan Point Murray Renaissance Center (MRC) Project

 

The Powhatan Point Murray Renaissance Center (MRC) is an element of a larger overall Community Urban Redevelopment Plan (CURP) (see subsequent Figures) being initiated by the PPRA. It represents five basic elements including (a) MRC Retail/Office Complex; (b) MRC Time Share Housing Complex [TSHC] Village; (c) MRC Park/Recreational Area; (d) Waste Water Treatment Facility; and (e) Route 7 Highway Reconstruction.  It focuses on making the community a shopping center site for the Monroe/Southern Belmont Counties that are vacant from any others within 20 minute driving distance.

 

(Click here to review the Powhatan Point Murray Renaissance Center (MRC) Plan).

 

 

The Murray Renaissance Center Project Plan integrates

a complementary set of elements including:

(a)  retail/office plan structured in seven buildings reflecting an inviting historic village facades and streetscape;

(b) offering  focus on key anchor product/speciality stores and eateries offering unique village identity that creates a broader attraction of the regional public;

(c) river front design and recreation sites provides river drive/biking/walking river front landscape streetscape with soccer/baseball/park sites;

(d) professional office that focuses on fracking support industry, incubator research, software development and consulting companies seeking attractive working environment/living conditions for its employees;

(e)  luxury time-share apartments integrated into a overlook complex with river views, balconies, high quality design/amenities with potential of adjacent work, shop and play environment;

(f) its retail/office focus complements/integrates with the CURP approach offering retail shopping and office employment for the region;

(g) development financing commits to only Phase 1 construction process, with with follow-on phased in options, applying an initial 20/80 equity/loan plan that is complemented by land bank investments, federal/state/local government subsidies to magnify amortization ROI; and

(h) modular/iterative unit construction plan with production facility on-site, that reduces build plan costs and schedule to six months per building.

 

 

Powhatan Point Revitalization Association, 175 Main Street, Powhatan Point, Ohio  43942

Attn:  Michael Stora, President   Email:  m.stora@ppraweb.com   Tel:  201-602-9568

Website:  www.ppraweb.com