Title
Power District (B)
Explanation
The Power District is a unique 17-acre redevelopment opportunity of active as well as inactive GRU facilities located in Southeast Gainesville between Downtown and Depot Park. The CRA on behalf of GRU and the City is acting as an agent for redevelopment. To date, significant pre-development due diligence work such as community engagement, crafting the 2013 Redevelopment Plan, rezoning, technical studies, special events, and environmental analysis has been completed. As a result, in 2016 the CRA began a multi-phase solicitation process to assess interest of the private development market to partner with the public sector on the implementation of the Power District. The goal of the solicitation process was to identify and encourage interested private development parties, determine the market’s desire, approach, and outline the general terms of a potential public private partnership all while ensuring the community vision and core planning principles of the adopted 2013 Redevelopment Plan are maintained throughout the development process. With limited public resources available to fully execute the vision for the Power District, the public private partnership approach is being pursued to identify and prioritize market based projects that will serve as a catalyst for long-term sustained economic and community investments.
In April 2016 the CRA issued a RFQ (Request For Qualifications) seeking qualified developers desiring to participate in the redevelopment of the Power District. A total of three proposals were received from the following firms (1) Concept Companies of Gainesville, FL; (2) Cross Street Partners of Baltimore, MD; and (3) 1220G/Collier Companies of Gainesville, FL. All three firms that submitted their qualifications were considered responsive, responsible, and qualified by the CRA Board in July 2016. This approval advanced all three firms to the next phase of the development solicitation process of an...
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