Council approves Wildwood development incentives, school demographer

by

Sydney Cromwell

Sydney Cromwell

At tonight's meeting, the city council approved an incentive package for Oldacre McDonald, the firm that has purchased and plans to renovate the Wildwood South shopping center.

The plans were first introduced last summer, and include two roundabouts, an inter-parking lot road, the construction of several new retail spaces, new monument signs, additional lighting, new paint, landscaping and metal awnings to replace the current fabric ones. Some work has already been in progress, including a new freestanding Starbucks building that the tenant will take possession of this Wednesday.

The incentive plan approved tonight will split any increase in sales tax revenue on the property equally between the city and Oldacre McDonald. This does not include the percent of the tax allotted to schools, nor sales tax revenue from Walmart and Sam's Club. This agreement will last for 10 years and earnings are capped at up to $5 million in revenue during that time.

Bill Oldacre, who was present tonight, said he remembers the shopping center's "glory days" of the 1990s and believes with renovation and new tenants, it can return to that success. However, he said recent years have given the center something of a reputation problem to overcome.

"I saw that center at its heights, and I saw it on its way down," Oldacre said. "There's no reason it can't be successful."

Since part of the shopping center is in Birmingham city limits, Oldacre McDonald has negotiated a separate incentive package for that area of the property. Birmingham council member Jay Roberson also spoke tonight in support of the incentive agreement.

The council approved the agreement unanimously. They also voted to spend $30,000 from the proceeds of the city's $110 million bond for Homewood City Schools to hire a demographer.

The chosen demographer, Cooperative Strategies, will work for two to three months to determine enrollment projections based on current enrollment, growth rate, economic developments, live birth and population data and housing trends. The demographic results will help the school system determine its plans for expanding its facilities to accommodate student population growth.

Cooperative Strategies has recently worked on similar projects in school systems in Auburn and Huntsville.

The school board is also interviewing project management firms Friday at 9 a.m. for the expansion project. Superintendent Bill Cleveland said they hope to have a decision for the council to approve in early May.

The council also took time out of its meeting to recognize Homewood Fire Department's retiring battalion chief, Brian Bonner. Bonner has served the city for 22 years, rising from a firefighter and paramedic to the battalion chief position.

"He's done an awful lot for the city of Homewood," Mayor Scott McBrayer said. "We love you, we're going to miss you.

Fire Chief John Bresnan said Bonner didn't want "fanfare" for his retirement, so Bresnan took the council meeting as an opportunity to publicly thank him.

"There is not a finer individual who's ever worked in the fire service," Bresnan said.

The council also:

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