Item B: Selection of Proposal for 10th and Charnelton

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EURA UGENE RBAN ENEWAL GENCY AIS GENDA TEM UMMARY Work Session: Selection of Development Proposal for 10th and Charnelton Site Meeting Date: July 14, 2008 Agenda Item Number: B Department: Planning and Development Staff Contact: Nan Laurence www.eugene-or.gov Contact Telephone Number: 682-5340 ISSUE STATEMENT th A Request for Proposals (RFP) was issued in March 2008 for the sale and development of the 10 and Charnelton development site. The Urban Renewal Agency board (URA) is asked to review the responses to the RFP and to direct the Agency Director to enter into exclusive negotiations with the preferred RFP respondent. BACKGROUND The RFP identified the development objectives to be used in the evaluation of proposals. The objectives include development team experience, urban design, active uses, sustainable development, timeliness, financial feasibility, and net financial cost/benefit. Five proposals for the purchase and development of the site were submitted by the following: WG Development, Opus NWR Development, The Canterbury Group, Energy Village, and Trannovation Station. Summaries of the proposals are included in Attachments A-E. Copies of the RFP and the responses were included in the council packet under separate cover. To assess the financial feasibility and development risks of the projects, Johnson Gardner, a development and economics consulting firm, completed an analysis of the RFP responses. The resulting memo is included as Attachment G. Summary information from the memo is included in the discussion of each proposal in Attachments A-E. Staff held a public information and input session on June 17, 2008. Information was available on all of the proposals, and representatives were present from each development team to answer questions. More than 50 individuals attended and 18 submitted comments. These comments are included as Attachment F. On June 19, 2008, nine members of the Eugene Redevelopment Advisory Committee (ERAC) and the West Broadway Advisory Committee (WBAC) came together in a joint meeting to review the RFP responses. The combined advisory committees indicated strong support for two of the proposals, Opus NWR Development and WG Development, with a voted preference for the WG Development proposal. The two main issues that emerged were 1) mix of uses and urban form, and 2) feasibility. The committee members indicated that the WG proposal addressed many of the WBAC recommendations from last summer, and they expressed support for the WG mix of uses, including strong support for the open space. (The WBAC recommendations were approved with minor modifications by the URA last fall and a copy was included in the RFP). The advisory committees expressed concerns about the financial feasibility of the WG proposal. Z:\CMO\2008 Council Agendas\M080714\S080714B.doc