Title
Recommendation to Authorize the Acting City Manager to Approve in Substantial Form and Issue a Request for Qualifications (RFQ) from Developers for a New Development Site in the Main Street Neighborhood at Alameda Point (West Midway Project) and Form of Exclusive Negotiation Agreement to Be Entered into with a Selected Developer (Base Reuse 819099)
Body
To: Honorable Mayor and Members of the City Council
From: Elizabeth D. Warmerdam, Acting City Manager
Re: Recommendation to Authorize the Acting City Manager to Approve in Substantial Form and Issue a Request for Qualifications (RFQ) from Developers for a New Development Site in the Main Street Neighborhood at Alameda Point (West Midway Project) and Form of Exclusive Negotiation Agreement to Be Entered into with a Selected Developer
BACKGROUND
On May 15, 2018, the City Council approved a Disposition and Development Agreement (DDA) with MidPen Housing Corporation, Alameda Point Collaborative, Building Futures with Women and Children and Operation Dignity (Collaborating Partners) for the Rebuilding the Existing Supportive Housing at Alameda Point (RESHAP Project), which consolidates 34 acres of supportive housing into a 9.7 acre parcel (Exhibit 1) and allows the supportive housing providers to own the property and construct 267 very low-and low-income units.
As a condition precedent to the transfer of land, the City is required to use commercially reasonable efforts to identify a developer to finance and construct the necessary backbone infrastructure for the RESHAP Project as a condition of building new market rate development on the adjacent land. City staff proposes issuing a Request for Qualifications (RFQ) from developers interested in developing the adjacent land, referred to in the attached map as West Midway Project (Exhibit 1).
The West Midway Project consists of 22.8 acres within the Main Street Neighborhood sub-district, located south of West Midway and bounded by Main Street on the east...
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