Title
1016 N. 2nd Street Parcel Disposition and Redevelopment - Authorization to Issue Solicitation
Description
This report requests the Economic Development and Equity Subcommittee recommend City Council approval to issue a Request for Proposals (RFP) for the disposition and redevelopment of City-owned property located at 1016 N. 2nd St., and authorization to begin negotiations with the recommended proposer.
THIS ITEM IS FOR DISCUSSION AND POSSIBLE ACTION.
Report
Summary
The City owns 0.4 acres of land at 1016 N. 2nd St. (Site), located on the west side of 2nd Street, mid-block between Portland and Roosevelt streets. The Site was acquired by the City in 2004 and is zoned Downtown Code - Evans Churchill West Character Area. The Site currently contains a surface parking lot, which was licensed in January 2023 to Steel & Spark, LLC for the installation of the temporary Sparkbox demonstration project. Staff is recommending issuance of an RFP for disposition and redevelopment of the property to bring a permanent, urban, mixed-use development to the Site.
The RFP will seek competitive proposals to bring appropriately dense development to the Site consistent with the Downtown Code Form Based Zoning Ordinance. The Zoning at this Site provides reduced setbacks and requirements for activating uses facing the street. The Site is located two city blocks from Metro Light Rail and within Roosevelt Row. To capitalize on the Site’s location, the RFP will seek proposals with space and design or programmatic elements that support the First Friday Artwalk and the arts community along Roosevelt Row, along with accessibility to the public.
Prior to issuance of the RFP, an appraisal of the Site, which is currently underway will be completed. Each proposer will be required to offer a value equal to or greater than the Site's appraisal and demonstrate successful completion of at least one vertical development with at least three stories within the last seven years.
The RFP will include standard terms, conditions and other necessary requirements, and will be evaluated according to the following criteria:
- Concept to Redevelop the Site (0-375 points).
- Return to the City (0-325 points).
- Proposer's Qualifications and Experience (0-300 points).
Staff anticipates the RFP will be issued later this year and be open for at least 60 days. Responsive proposals will be evaluated by a panel that includes City staff and community representatives. Following negotiations with the recommended proposer, business terms will be brought to this Subcommittee for review and recommendation, and then to the full City Council for consideration.
Financial Impact
There is no impact to the General Fund as a result of this action.
Public Outreach
This prospective RFP was presented to the following neighborhood groups on the dates indicated below:
- Roosevelt Row CDC - Feb. 6, 2023.
- Downtown Voices Coalition - Feb. 11, 2023.
- Central City Village Planning Committee - Feb. 13, 2023.
Staff has also contacted the Evans Churchill Community Association to discuss this potential RFP and will present at a future meeting.
Location
The Site includes three individual parcels (APNs 111-36-029A, -029B and -030) and is collectively referred to as 1016 N. 2nd St.
Council District: 7
Department
Responsible Department
This item is submitted by Interim Deputy City Manager John Chan and the Community and Economic Development Department.