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- Staff has met with the developer who will be submitting an application in September for an amendment to the University Corners PUD and PD, requesting 470 units including up to 243 condo-tel units, eliminating the underground garage, adding parking on the roof deck behind a parapet wall, and making a few other adjustments to the PD layout plan. The façade would remain unchanged. An application and proforma proposal will be submitted to the CRA for review and approval of these changes before processing the development agreement.
Hampton Inn/Lot 9 - The development agreement was provided to the developer and staff is awaiting comments from the developer.
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 -The development agreement will likely be executed by the date of the CRA meeting.
University House on 13th Street - A draft development agreement is in review by staff. The letter of intent to provide improvements to the A. Quinn Jones school recreational areas was approved by the School Board in August; a formal agreement is in development.
Depot Park Area Master Plan - Staff is revising the scope and reissuing the RFP with price as a factor and with a not to exceed limit, as the initial proposals came in higher than budgeted.
Downtown Competitive Façade Grant Program - Following approval by the CRA in June, a new, competitive façade grant program to aid Downtown commercial storefronts was launched. The new program aims to focus the grants on high visibility corridors such as University Avenue and Main Street. Two grants of up to $10,000 each will be offered to applica...
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