City Council Minutes 2018 11 13 - Laserfiche WebLink

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City Council Meeting Minutes November 13, 2018 Page 3 of 7 COORDINATED MIXED USE REDEVELOPMENT This would require the involvement of multiple owners. Potential uses are: hotel, office, retail, multifamily housing, additional connectivity, new buildings and new street grid, shared amenities, and plazas. This requires reinvestment from private property owners and also requires a major public investment. Guimond stated the scenarios will be evaluated based on the project goals including the current market reality, development feasibility including what is realistic given the regulatory restrictions, and financial feasibility Each will need to be evaluated for community values and fiscal performance. Mayor Pro Tem Lipton stated he is concerned the property owners have not been included to date. He noted the covenants require approval of 100% of the owners for a change, even the small property owners can veto anything He would like the owners involved early in the process. He stated he is afraid the property owners' goals will not align with the community's goals. Powell stated they have met with those owners who are willing Guimond stated there is are different levels of interest among the various property owners and only some are interested in the covenants. They hope to use these scenarios to encourage conversation with the owners. Director DeJong stated the covenants historically have been important for their exclusivity options. There are changes that will be easily agreed to by the owners but some others will be harder Councilmember Keany stated the hope is these changes will benefit everyone so the owners would want to participate. Guimond stated there appears to be more of a heightened interest in changes from the property owners than there was a few years ago Director Zuccaro stated they have talked to those owners who are willing and when we have the preferred scenarios we can take those back to each property owner to discuss specific uses. Public Comments Michael Menaker, 1127 West Choke Cherry, stated the plan should be created without looking at property lines and current uses, it should allow the property owners options to build what the city wants and then let the market do its own thing Councilmember Maloney stated the first scenario is filling the big boxes as they are but it seems improbable this will happen on its own He would like to know the probability of