Title
Commercial Building/Downtown Residential Project
Explanation
On February 16, 1998 the CRA accepted the proposal submitted by AMJ, Inc. of Gainesville for the redevelopment of several downtown City-owned properties. The proposal included the construction of 56 walkup-type residential units to be developed in conjunction with the Commerce Building project and a parking garage proposed on City Hall property.
On June 29, 1998, the CRA heard a report from staff that construction of a parking garage was determined not to be feasible at that time. However, in its place City staff and the developer had agreed to the concept of granting the project legal rights to park on two City surface parking lots at the northeast portion of City Hall. Staff also reported that two nearby properties would be purchased to replace the City Hall employee parking lost to the development and additional on-street parking would be constructed. The CRA approved a motion to authorize the Executive Director to negotiate the purchase of those nearby properties.
On November 16, 1998, the CRA approved a revised project layout, which showed single-car-parking garages for each dwelling unit, a reduction in total units to 46, and the proposed addition of on-street parking on Northeast 2nd Avenue and Northeast 3rd Street.
On January 19, 1999 the CRA heard an update from staff on the status of the development agreement between the CRA, the City and the developer. Staff reviewed pertinent points of the development agreement and informed the CRA that while several details still needed to be worked out between the parties there was general consensus on the substance.
On February 1, 1999 the CRA heard an update from staff on the changes made to the development agreement as proposed by staff and the developer, approved the revised development agreement and recommended that the City Commission also approve the development agreement. A summary of obligations for each party is ...
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