Title
8th & Waldo Project Update (B)
Explanation
The 36-acre City-owned 8th & Waldo project area was identified in 2018 as a unique opportunity to catalyze economic development in east Gainesville. The City of Gainesville 2020-2025-2035 Strategic Plan identified 8th & Waldo Land Acquisition as a High Priority. The 2019 Gainesville Community Reinvestment Area (GCRA) 10-year Reinvestment Plan identified the 8th & Waldo area as an Economic Development Initiative Core.
In January 2021, the GCRA Advisory Board advised CAPER to pursue community engagement, and approved the allocation of $4,000 for this task.
A Phase I Environmental Assessment (ESA) was conducted by Water & Air research, Inc. in April 2021. This assessment has revealed evidence of recognized environmental conditions in connection with the property. A Phase II ESA is recommended to further investigate the Recognized Environmental Conditions (RECs) documented during the Phase I ESA. The Phase II ESA will focus on the areas of concern west of NE 14th Street. No further environmental investigation is needed in the geographic area within the GCRA portion of the site.
Today’s presentation will review the complete and undergoing due diligence, and the anticipated project process and timeline.
Strategic Connection
This item is connected to Goal 4: ‘Resilient Local Economy’ in the City’s Strategic Plan.
Fiscal Note
None
Recommendations
Hear staff update and provide feedback.