“So I think he’s ramping up expecting that there’s something going to be happening…it seems as if he’s hired developmental staff to work on a project and a deal,” he said.
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“I think that he has high hopes that whatever he brings us we will like and will want to pursue,” Morris added.
Dillin is president of Dillin LLC, from which the township this month accepted a letter of intent to market its property township land at Austin Boulevard and Wood Road. He is also the president of VisCap Development, which oversees Austin Landing.
The LLC declined comment Monday about if Dillin has a specific developer in mind or if the company plans to give the township a proposal in the near future. The LLC’s agreement with the township is for 120 days, plus two, 30-day extensions upon mutual agreement.
In previous statements, Dillin has called the interchange “a coveted address and an ideal location for continued growth” and he intends to “determine the highest and best use of the property.”
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Bringing a successful development to the township property would give Dillin a hand in proposals at three of the four quadrants of the interchange. VisCap is nearing completion on Austin Landing on the interchange’s northeast quadrant and has plans to continue that development on the southeast one.
Dillin LLC will be working with the Miami Twp. Community Improvement Corp., of which Morris is president. Morris said he thinks Dillin will deliver a proposal within the agreed upon timeframe.
“I think if he would have needed more than 120 days he would have asked for more than 120 days,” Morris said. “So I think he’s got something and is going to move rather quickly.”
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The letter of intent calls for Dillin LLC to provide status reports on bi-weekly basis. The reports will involving a marketing analysis of potential uses, a financial analysis of both private and public investment, a purchase price proposal, a preliminary development master plan, a preliminary development timeline, a draft development agreement, and a draft purchase and sale agreement, records show.
Two previous agreements the township had for that land were ended by the township without a proposal being presented publicly.
In 2009, Clivus Development LLC had an agreement to bring a proton therapy center projected to bring hundreds of jobs and be worth in excess of $100 million to the area.
That agreement expired in June 2015 without plans being submitted. The township then hired Juniper CRE Solutions, but earlier this year voted to end that deal.
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