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Tour of the Enterprise District (Formerly Site B) at Alameda Point [Departs WETA Facility at 6:30 p.m. and returns at 7:15 p.m.]; and
Recommendation to Authorize Staff to Market a 23.9-Acre Portion (Phase 1) of the Enterprise District (Formerly Site B) for Redevelopment Consistent with the City's Goals and Objectives for Commercial Development at Alameda Point. (Base Reuse and Community Development) [Council deliberation at WETA Facility following tour]
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To: Honorable Mayor and Members of the City Council
From: Eric Levitt, City Manager
EXECUTIVE SUMMARY
With the commencement of development of Site A at Alameda Point, critical infrastructure improvements are underway that are an important prerequisite to marketing and redevelopment of the Enterprise District (formerly Site B). The Enterprise District is the sub-area of Alameda Point Town Center and Waterfront Precise Plan shown in Exhibit 1 that is zoned for new commercial development and uses that will create an employment center adjacent to the future ferry terminal at the Seaplane Lagoon. This staff report describes the 82-acre Enterprise District, and its four development blocks which total 67 net developable acres, and recommends that the City Council authorize staff to market, through Cushman and Wakefield, Phase 1 of the District, a 23.9 gross acre parcel adjacent to Main Street, and bordered by Pacific, Orion and West Ticonderoga.
BACKGROUND
Land area within the Enterprise District boundary (District) totals approximately 82 gross acres. The commercial development opportunity within the District totals approximately 67 net developable acres comprised of four blocks ranging from 9.1 to 23.9 contiguous acres. The Enterprise District is bounded by Site A to the north, Main Street and Central Avenue to the east, and Seaplane Lagoon to the west. A map of the Enterprise District is attached as Exhibit 2. The Enterprise District is entitled for commercial development and it is anticip...
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