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Developers and attorneys press Elyria leaders to resolve five-year delay on Reiser Point Crossing project
Summary
Developers for Reiser Point Crossing urged Elyria officials at the March 17 council meeting to end litigation and complete agreed remedial road and drainage work so a previously approved TIF-backed development can proceed; attorneys said the delay costs the city and school district millions.
Developers and their attorneys publicly appealed to Elyria City Council on March 17 to move forward with the long-stalled Reiser Point Crossing development, saying a mix of litigation and uncompleted remedial work is preventing construction of hundreds of housing units and commercial lots.
"Why can't we get a deal done that benefits the property, the city, the county, the school board and all other stakeholders?" asked David Lum, attorney for DVR Commercial Realty, during the public-comment portion of the meeting. He said DVR has worked on the project since 2019.
The developers' legal team told council members the planning commission approved an updated mixed-use plan in October 2024 and that the project would include about 422 townhomes and 14 one-acre commercial…
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