Posted Mar 30, 2018, 9:17 PM
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Join Date: Oct 2015
Posts: 2,235
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Downtown subcommittee voting to reissue Central Station RFP next week:
https://www.phoenix.gov/cityclerksit.../180404005.pdf
Quote:
The Central Station Transit Center consists of approximately 2.6 acres with bus shelters, amenities, and a 4,960 square-foot transit building (collectively, the "Site"). Central Station was built in 1997 and renovated in 2011 using federal funds. In 2008, light rail stations were constructed adjacent to the Site on Central and First avenues. The Site was the subject of an RFP in 2014 that did not result in a disposition. Since cancellation of those negotiations, staff has received significant development interest in the Site for potential mixed use, transit-oriented development, while still serving transit uses.
The proposal is a collaboration between the City of Phoenix and one or more partners to build transit-oriented development, which is typically dense, walkable, mixed-use development while improving the transit system. The goals of the joint developments include:
· To enhance the transit system in the context of the multimodal transportation network.
· To generate revenue for public transit.
· To build vibrant, mixed use, economically successful transit-oriented communities.
Proposers will be required to:
· Provide the City with approximately 9,000 square feet (SF) of commercial space (at least 3,000 SF on the ground floor) for transit operations.
· Allow the City shared use of the Polk Street alignment and a south-to-north drive aisle through the Site for transit purposes.
· Offer a minimum annual return to the City of five percent of the appraised value in cash lease payments.
· Demonstrate experience successfully completing at least one vertical development of at least seven stories within the past five years.
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Also has details of the Hines proposal for the South convention center/3rd St./Herberger:
Quote:
The unsolicited development proposal seeks to activate the 3rd Street corridor between Van Buren and Jefferson streets into a "pedestrian friendly experience" with the following intended uses:
· Undeveloped land east and south of the Herberger Theater Center - mixed-use residential and potential facilities for the Latino Cultural Center and Valley Youth Theatre.
· 3rd Street between PCC West and North Buildings - narrowing of 3rd Street to allow for commercial activation and pedestrian activity.
· PCC South Building - redevelopment of site: mixed-use high rises with office and employment uses, residential, ground floor commercial space, arts and cultural amenities, open space, and other urban uses.
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EDIT: there are also details about an 8 story proposal for 17th Ave. and Camelback that apparently was the subject of an RFP of which I wasn't aware:
Quote:
The Developer submitted its proposal in response to the Community and Economic Development Department ("CEDD") Request for Proposals ("RFP") for the disposition and redevelopment of the City-owned vacant parcel in the Solano ReinventPHX District, comprising approximately 9,800 square feet, or 0.23 acres, at 1701 W. Camelback Road (the "Site"). The Site was purchased by the City in July 2004 with Federal Transit Administration ("FTA") grant funds.
The Developer proposes a mixed-use, transit-oriented development to include approximately 330 residential units, commercial areas, and 417 parking spaces in an eight story building (the "Project"). The Project will include the Site and surrounding, adjacent land controlled by the Developer. Project value is projected to be $66.3 million.
T
he Developer will pay a purchase price of $110,000 for the site, which is above the May 17, 2017, appraised value of $90,000. A Letter of Intent ("LOI") was signed on Feb. 14, 2018. The Agreements are to be executed within six months of the LOI. The Developer will design and complete construction within 10 years of the execution of the Agreements.
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