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Discuss Redevelopment Options for the Police Station Property at 828 Martin Luther King Jr., Boulevard.
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Staff: |
Department: |
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Mary Jane Nirdlinger, Deputy Town Manager |
Manager’s Office |
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Laura Selmer, Economic Development Specialist |
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Overview: The purpose of this item is to provide Council an opportunity for continued discussion of key issues related to a Memorandum of Understanding (MOU) with the Belmont-Sayre development team (Belmont) for the redevelopment of the police station property. This property presents an opportunity to combine two ongoing efforts: a site for the Municipal Services Center (MSC); and the remediation and reuse of the current police station property.
Decision Points:
• Pursue a public/private partnership with Belmont Sayre
• Consider financial information regarding site redevelopment.
Key Issues:
• Redevelopment costs
Where is this item in its process?
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Attachments: |
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• January 28, 2022 BelmontSayre Memorandum |
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• Multi-Family ADU-AMI Pro Forma Matrix |
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• MSC Preliminary Budget |
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• MSC Parking Analysis Table |
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• MSC/MF Combined Matrix |
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• Revised Land Use Scenarios for 828MLK |
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• Site Analysis Summary 2022 |
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The Agenda will reflect the text below and/or the motion text will be used during the meeting. |
presenter
PRESENTER: Laura Selmer, Economic Development Specialist
The purpose of this item is to provide Council an opportunity for continued discussion of key issues related to a Memorandum of Understanding (MOU) with the Belmont-Sayre development team (Belmont) for the redevelopment of the police station property.