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Presentations by Four Developer Finalists for Development of the West Midway Project at Alameda Point (22-Acre Mixed Use Project, Construction of Backbone Infrastructure, Up to 291 Residential Units, including Commercial Development) and Provide Direction on Next Steps in the Developer Selection Process. (Base Reuse 819099)
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To: Honorable Mayor and Members of the City Council
From: David L. Rudat, Interim City Manager
EXECUTIVE SUMMARY
On August 6, 2018, a Request for Qualifications (RFQ) was issued to solicit developers for the development of the West Midway Project. The West Midway Project consists of 22.8 acres of new market rate development within the Main Street Neighborhood sub-district of Alameda Point. This site was made available through the approved consolidation of currently leased supportive housing from 34 acres to a 9.7-acre site. A condition of the consolidation is that the City use commercially reasonable efforts to identify a developer for the West Midway Project that will finance and construct the necessary backbone infrastructure of the consolidated supportive housing site.
This report provides an overview of the RFQ selection process, a summary of each of the finalists' Statement of Qualifications (SOQ) and staff's analysis of the key factors considered by the RFQ review team. Each finalist team will make a presentation on its qualifications to the City Council and the public, and answer questions. Staff requests Council direction on the next steps in the selection process, including direction to enter into negotiations for an Exclusive Negotiation Agreement (ENA) with a developer.
BACKGROUND
On July 10, 2018, the City Council authorized staff to issue an RFQ for the development of the West Midway Project site at Alameda Point (Exhibit 1), and approved a form of ENA. The RFQ was issued on August 6, 2018, and sent to an extensive list of developers. An advertisement was also placed on the Urban Land Institute website and a pr...
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