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File #: 160198.    Version: 1 Name:
Type: Staff Recommendation Status: On Consent Agenda
File created: 7/6/2016 In control: Community Redevelopment Agency
On agenda: 7/18/2016 Final action:
Title: CRA Project Summary July (NB)
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Title
CRA Project Summary July (NB)

Explanation
As a regular informational item on CRA agendas, Staff provides a brief update on selected referrals, redevelopment projects and development agreements under review. This monthly update is typically a limited sampling of the CRA’s many on-going projects, as opposed to a complete list.

CRA Wide

Façade Grant, Project Manager, Michael Beard - The Façade Grant program is a competitive matching grant program that is designed to encourage reinvestment in building facades, specifically those located on highly visible target corridors within each district. Staff continues to meet with potential applicants in each district. Staff is also developing a modified program that will coincide with the NW 1st Ave Streetscape Project.

Eastside Redevelopment Advisory Board (ERAB)

Heartwood, Project Manager, Michael Beard- Through the executed contract with EDSA for Architectural Standards and Design Guidelines, 4 Floor plan options and 4 Elevation options have been produced. Staff has received cost estimates for the horizontal improvements and appraisals for the conceptual designs on the approved lots.
The completion of the Architectural conceptual designs has provided the final elements needed to fulfill website development for Heartwood, which will act as a major marketing component for the community, as well as a source for progress updates.
Staff is developing an RFQ after reaching out to the builder/developer community in order to discuss innovative approaches to partner on the new development. As we move forward, CRA will work with the community, builder/developer’s, as well as the local finance and real estate professionals to create the new Heartwood community.


Cotton Club Grant Management, Project Manager, Stephanie Seawright - The Cotton Club is moving forward with construction on the project and staff is providing oversight.

Cornerstone, Project Manager, Michael Beard - In May 2015, the CR...

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