Title
Update on Redevelopment Projects and Development Agreements (NB)
Explanation
Staff has been asked to provide an update on several redevelopment projects and development agreements under review.
University Corners- The draft development agreement has been provided to the developer and staff is awaiting response.
Hampton Inn/Lot 9 – The draft development agreement is in review by staff.
Jefferson on Second – The developer is preparing an initial proposed development agreement based on previous agreements, for review by the CRA Attorney and Staff.
Gainesville Greens – A draft development agreement has been provided to the developer.
Downtown Parking Garage – The Grapevine Deli and Ice cream Parlor, new tenants of the retail space in the garage, are tentatively scheduled to open near the end of July or beginning of August.
Model Block Project Update- The first residents of the Model Block have closed and moved into the home on 408 NW 4th Street. The second Model Block House, Site B, located at 408 NW 4th Avenue is nearing completion. A ribbon cutting ceremony for Site B has been tentatively scheduled for Thursday, July 27 at 9:00 AM. Open house and bid information for Site B will be available within the coming weeks. Site D construction will begin shortly.
Northwest 5th Avenue Streetscape- Bid documents are being processed by the Public Works Department.
Tumblin Creek Watershed Management Plan -- At the July 5 College Park/University Heights Redevelopment Advisory Board meeting the Board reviewed the draft Tumblin Creek Watershed Management Plan report. This important planning document outlines the stormwater issues and opportunities in the area and provides the Advisory Board with options to consider funding to address stormwater issues in the area. Stormwater is among the biggest infrastructure concerns in the College Park/University Heights Redevelopment Area, and affects further redevelopment of th...
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