Frankel Enterprises, Inc.
RFP disposition to Frankel Enterprises, Inc. (most
54 housing units sold, across 21 properties · Council District 5 · Frankel Enterprises
What is missing from the record
Steps with no date on record, or that the record shows were stopped. A step that is not on record may still have happened.
- Deed into the Land BankPartly done
On record for 43% of the properties; the rest are not on record yet.
Where this project stands
Five steps, from the Board agenda to the closing. A disposition is the sale or transfer of a Land Bank property. The Council step is City Council's approval of the sale, which comes after the Board's approval.
- 1. On a Board agendaDoneJul 12, 2022
- 2. Board approvalDoneAug 9, 2022
- 3. Council approval of the dispositionDoneSep 29, 2022
- 4. Deed into the Land BankPartly doneFeb 24, 2017 to Mar 8, 202443% of properties
- 5. ClosingDoneJan 12, 2024 to Aug 28, 2026
Board hearings
One row for each Board hearing where this project was on the agenda. Fewer than six approving votes means no decision was reached; it is not a denial. Speakers and letters are public comments on the item.
| Date | Agenda item | Outcome | Vote as recorded | Public speakers | Letters |
|---|---|---|---|---|---|
| Jul 12, 2022 | VII.B.3 | Tabled | not stated | 3 | 1 |
| Aug 9, 2022 | V.A.3 | Approved | unanimous | 2 | 0 |
How members voted
Shown only where the minutes or a transcript record how a member voted; a voice vote with no names shows no one. Y = yes, N = no, A = abstained, R = recused. A blank cell means no vote by that member is on record for that item.
| Member | 2022-08-09V.A.3 |
|---|---|
| Michael Koonce | R |
City Council
City Council resolutions that name this project's properties, from Council's Legistar records. Earlier resolutions often moved the lots into the Land Bank; they are not Council's approval of this sale (step 3 above).
Closings
From the Land Bank's settlement records.
| Purchaser | Closing date | Price | Appraised value | Units | Council resolution |
|---|---|---|---|---|---|
| FE West Poplar LLC | Jan 12, 2024 | $34 | $3,260,000 | 34 | 220747 |
| FE West Poplar LLC | Jul 1, 2025 | $18 | $2,000,000 | 18 | 220747 |
| FE West Poplar LLC (Phase 3) | Aug 28, 2026 | $2 | $318,000 | 2 | 220747 |
Days from the first Board approval to each closing: 521, 1057, 1480.
People and organizations
- Applicant
- Frankel Enterprises
- Council resolutions naming these properties, sponsored by
- Darrell Clarke (resolutions 220978, 220980)
- Board members with a recorded vote
- Michael Koonce (recused)
Public comment
A position is counted only where the person stated one at a hearing or in a letter. Letters read aloud at a meeting are staff summaries, not the writer's own words. Officials and people speaking for an organization are named; residents who spoke for themselves are counted, not named.
Across all hearings: 5 public speakers and 1 letters, with 1 statements of support and 1 of opposition.
| Named commenters (6 in all, residents included) | Stated position | Speaking for (organization) |
|---|---|---|
| Zachary Frankel | support | Frankel Enterprises |
| Regina Farrow | oppose | 14th Ward Democratic Executive Committee |
| Diane Monroe | mixed | 14th Ward Democratic Executive Committee |
From the record
Passages quoted from the Board's minutes, packets and transcripts. 4 of 4 shown.
… cast the sole dissenting vote. Item VII.B.3. Mr. Lawrence asked the Board to approve the disposition of 1000 and 1026-36 Fairmount Avenue; 1005, 1007 and 1013 Melon Street; 1019 and 1021 Wallace Street; 662-68, 647-67 and 670-72 N. 10th Street; and 667 and 677 N. 11th Street in the 5th Council District to Frankel Enterprises, Inc. for the development of 54 single-family affordable homes that will be sold to households with incomes at or below 100% AMI. The homes will have a maximum sales price of $250,000. Applications were solicited via a Request for Proposals for the property, and the…
Minutes · Jul 12, 2022, item VII.B.3 · packet p. 14 · PLB Board Package for 8.9.2022 Board Meeting.pdf
Agenda · Jul 12, 2022, item VII.B.3 · packet p. 3 · PLB Board Package for 7.12.2022 Board Meeting.pdf
… agenda item. A letter from Mr. Koonce explaining his recusals is attached to these minutes as Exhibit F. A.3. West Poplar RFP Mr. Lawrence asked the Board to authorize the disposition of properties included in this RFP in the 5th Council District to FE West Poplar LLC. Applications were solicited via a Request for Proposals for the properties, and the applicant was the most qualified bidder. The developer will construct fifty-four (54) affordable single-family homes with 3 bedrooms/2 baths that will be sold at $250,000, targeting households at or below 100% AMI. The properties included in…
Minutes · Aug 9, 2022, item V.A.3 · packet p. 10 · PLB Board Package for 9.13.2022 Board Meeting.pdf
Agenda · Aug 9, 2022, item V.A.3 · packet p. 2 · PLB Board Package for 8.9.2022 Board Meeting.pdf
Properties (21)
| Address | OPA account number | Status | Deed into the Land Bank | Closing date | Entered the Land Bank via |
|---|---|---|---|---|---|
| 1000 FAIRMOUNT AVE | 141329010 | Closed | Apr 18, 2017 | Jan 12, 2024 | RDA |
| 1005 MELON ST | 141312410 | Closed | Feb 24, 2017 | Jan 12, 2024 | RDA |
| 1007 MELON ST | 141312510 | Closed | Feb 24, 2017 | Jan 12, 2024 | RDA |
| 1013 MELON ST | 141312810 | Closed | Feb 24, 2017 | Jan 12, 2024 | RDA |
| 1019 WALLACE ST | 141294200 | Closed | Oct 18, 2017 | Aug 28, 2026 | RDA |
| 1021 WALLACE ST | 141294310 | Closed | Mar 27, 2017 | Aug 28, 2026 | RDA |
| 1026 FAIRMOUNT AVE | 141000145 | Closed | not on record | Jan 12, 2024 | none found |
| 1028 FAIRMOUNT AVE | 141000146 | Closed | not on record | Jan 12, 2024 | none found |
| 1030 FAIRMOUNT AVE | 141000147 | Closed | not on record | Jan 12, 2024 | none found |
| 1032 FAIRMOUNT AVE | 141000148 | Closed | not on record | Jan 12, 2024 | none found |
| 1034 FAIRMOUNT AVE | 141000149 | Closed | not on record | Jan 12, 2024 | none found |
| 1036 FAIRMOUNT AVE | 141000150 | Closed | not on record | Jan 12, 2024 | none found |
| 647-67 N 10TH ST | 141105215 | Closed | Mar 8, 2024 | Jul 1, 2025 | RDA |
| 662 N 10TH ST | 141113410 | Closed | not on record | Jan 12, 2024 | none found |
| 664 N 10TH ST | 141113510 | Closed | not on record | Jan 12, 2024 | none found |
| 666 N 10TH ST | 141113610 | Closed | not on record | Jan 12, 2024 | none found |
| 667 N 11TH ST | 141130210 | Closed | May 16, 2023 | Jan 12, 2024 | RDA |
| 668 N 10TH ST | 141113710 | Closed | not on record | Jan 12, 2024 | none found |
| 670 N 10TH ST | 141113910 | Closed | not on record | Jan 12, 2024 | none found |
| 672 N 10TH ST | 141114010 | Closed | not on record | Jan 12, 2024 | none found |
| 677 N 11TH ST | 141130710 | Closed | Feb 24, 2017 | Jan 12, 2024 | RDA |
Sources: Board minutes and packets; PHDC workbook; Council (Legistar). Built from the Land Bank Board's minutes, packets and transcripts, the Land Bank's settlement workbook, and City Council records.