Title
Provide Direction on the Request for Proposals for Leasing and Property Management at Alameda Point and Other City Properties. (Base Reuse 819099)
Body
To: Honorable Mayor and Members of the City Council
From: John A. Russo, City Manager
Re: Provide Direction on the Request for Proposals for Leasing and Property Management at Alameda Point and Other City Properties
BACKGROUND
In July 2011, the City Manager directed staff to prepare and release a Request for Proposals (RFP) for Leasing and Property Management of all City-controlled assets. The RFP was released and staff held two bidders conferences. However, the City subsequently postponed the solicitation: the City, became a finalist in the competition for the Lawrence Berkeley National Laboratory site selection at the time and determined the solicitation process might be disruptive to its competitive proposal.
In May 2013, the RFP was updated with information regarding the imminent conveyance from the Navy of more than two thirds of the Alameda Point property and the related planning processes. Currently, the real estate portfolio for the City is comprised of eight cell tower leases, 62 commercial, marina industrial and residential tidelands leases, two Alameda Beltline and miscellaneous City leases, two Fleet Industrial Supply Center (FISC) leases and 156 Alameda Point leases. The Alameda Point leases above represent 2.3 million square feet. Of the "turn key" leasable spaces at Alameda Point, comprising 9 buildings, the City is currently in negotiations for 7 buildings. The remaining spaces should be considered development opportunities. These buildings do not have electricity, copper has been stripped out of them, hundreds of thousands of dollars in roof repairs are needed, seismic safety upgrades are required, and/or they are located in the historic corridor, requiring substantial investment in Secretary of the Interior-compliant renovations.
Of the City's properties, Alameda ...
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