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Committee sends Midtown NEZ application for new single‑family home to formal review with recommendation to approve

Budget Finance and Audit Standing Committee · March 4, 2026
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Summary

The committee voted to send a Neighborhood Enterprise Zone application for a new 2,796‑sq‑ft, three‑bedroom house at 4142 4th Street in Midtown to formal review with a recommendation to approve; staff said the owner purchased the lot for $92,000 and the builder estimated hard construction costs of about $250,000.

The Budget Finance & Audit Standing Committee on March 4 moved a Midtown Neighborhood Enterprise Zone (NEZ) certificate application for a proposed single‑family house at 4142 4th Street to formal review with a recommendation to approve.

City Planning Commission staff member Chris Gulak presented the application and staff memo. He said the vacant lot is within the Midtown NEZ and that county records show the owner, Kevin Yanos, purchased the land in November 2025 for $92,000. Gulak said staff had prepared a resolution recommending approval.

The builder, identified as Lucas Bondi of Bondi Construction, described the project as a two‑story, roughly 2,796‑square‑foot single‑family home with three bedrooms and a rear detached two‑car garage. Gulak said the proposed hard construction cost is about $250,000; Bondi said additional soft costs would add to the total but did not provide a final total at the meeting.

Bondi told the committee his firm hires local trades and builds to higher energy‑efficiency standards, using 2x6 framing, high‑U‑factor windows and high‑efficiency forced‑air heating. “We’re definitely building highly efficient construction in every way possible,” he said.

Committee members asked about NEZ acreage caps and how stagnant zones might be removed; Gulak said state law sets acreage caps and that council can pursue removal of zones deemed stagnant under state procedures. After questions about project history and neighborhood context, the committee voted by consent to send item 7.2 to formal with a recommendation to approve.

Next steps: the NEZ item will proceed to formal committee consideration and, if approved there, return to council for final action.