Land Bank Watch
Partly closed

FE Darien LLC

Development - Request for Proposals to FE Darien L

35 housing units sold, across 24 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 92% of the properties; the rest are not on record yet.

  • ClosingPartly done

    On record for 92% 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. 1. On a Board agenda
    Done
    Oct 11, 2022
  2. 2. Board approval
    Done
    Oct 11, 2022
  3. 3. Council approval of the disposition
    Done
    Oct 27, 2022
  4. 4. Deed into the Land Bank
    Partly done
    Jul 16, 2018 to Sep 8, 2023
    92% of properties
  5. 5. Closing
    Partly done
    Dec 1, 2023
    92% of properties

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.

DateAgenda itemOutcomeVote as recordedPublic speakersLetters
Oct 11, 2022V.BApprovedunanimous30

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).

ResolutionSponsorStatusIntroducedAdopted
220583Council President ClarkeadoptedJun 9, 2022Jun 16, 2022
220978Council President ClarkeadoptedDec 8, 2022Dec 15, 2022

Closings

From the Land Bank's settlement records.

PurchaserClosing datePriceAppraised valueUnitsCouncil resolution
FE Darien LLCDec 1, 2023$35$2,760,00035220849

Days from the first Board approval to each closing: 416.

People and organizations

Council resolutions naming these properties, sponsored by
Darrell Clarke (resolutions 220583, 220978)

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: 3 public speakers and 0 letters, with 1 statements of support and 0 of opposition.

Named commenters (3 in all, residents included)Stated positionSpeaking for (organization)
Max FrankelsupportFrankel Enterprises

From the record

Passages quoted from the Board's minutes, packets and transcripts. 2 of 2 shown.

… the disposition of 1510, 1512, 1514, 1520-26, 1530, 1532- 34, 1538, 1540, 1542, 1548, 1552, 1554, 1556, 1558 and 1563 N. Darien Street; 1526, 1528 and 1540 N. 8th Street; and 1501-13, 1529, 1545, 1549 and 1551 N. 9th Street, all in the 5th Council District, to FE Darien LLC for the development of thirty-six single-family affordable homeownership units that will be sold to households with incomes at or below 100% of AMI, with each unit having two stories and a basement and containing three bedrooms and two bathrooms at approximately 1,665 SF each. Applications were solicited via a Reques…

Minutes · Oct 11, 2022, item V.B · packet p. 8 · PLB Board Package for 11.15.2022 Board Meeting.pdf

Agenda · Oct 11, 2022, item V.B · packet p. 2 · PLB Board Package for 10.11.2022 Board Meeting.pdf

Properties (24)

22 closed, 2 not closed yet.

Not closed yet (2)

AddressOPA account numberStatusDeed into the Land BankClosing dateEntered the Land Bank via
1548 N DARIEN ST202132301Board approved, not yet closedSep 8, 2023not closedRDA
1563 N DARIEN ST202119000Board approved, not yet closedJan 7, 2019not closedprivate or other

Closed (22)

AddressOPA account numberStatusDeed into the Land BankClosing dateEntered the Land Bank via
1501-13 N 9TH ST885281200ClosedAug 28, 2023Dec 1, 2023RDA
1510 N DARIEN ST202130301ClosedAug 28, 2023Dec 1, 2023RDA
1512 N DARIEN ST202130501ClosedAug 28, 2023Dec 1, 2023RDA
1514 N DARIEN ST202130601ClosedAug 28, 2023Dec 1, 2023RDA
1520-26 N DARIEN ST202130911ClosedAug 28, 2023Dec 1, 2023RDA
1526 N 8TH ST202104701ClosedSep 8, 2023Dec 1, 2023RDA
1528 N 8TH ST202104801ClosedAug 28, 2023Dec 1, 2023RDA
1529 N 9TH ST202147600ClosedMar 14, 2019Dec 1, 2023private or other
1530 N DARIEN ST202131400ClosedDec 11, 2018Dec 1, 2023private or other
1532 N DARIEN ST202131501Closednot on recordDec 1, 2023none found
1534 N DARIEN ST202131601Closednot on recordDec 1, 2023none found
1538 N DARIEN ST202131810ClosedAug 28, 2023Dec 1, 2023RDA
1540 N 8TH ST202105401ClosedAug 28, 2023Dec 1, 2023RDA
1540 N DARIEN ST202131901ClosedAug 28, 2023Dec 1, 2023RDA
1542 N DARIEN ST202132001ClosedAug 28, 2023Dec 1, 2023RDA
1545 N 9TH ST202148401ClosedAug 28, 2023Dec 1, 2023RDA
1549 N 9TH ST202148600ClosedJul 16, 2018Dec 1, 2023private or other
1551 N 9TH ST202148700ClosedNov 19, 2018Dec 1, 2023private or other
1552 N DARIEN ST202132501ClosedAug 28, 2023Dec 1, 2023RDA
1554 N DARIEN ST202132601ClosedAug 28, 2023Dec 1, 2023RDA
1556 N DARIEN ST202132701ClosedAug 28, 2023Dec 1, 2023RDA
1558 N DARIEN ST202132801ClosedAug 28, 2023Dec 1, 2023RDA

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.

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