HomeMy WebLinkAboutCommittee of the Whole Packet for 08/14/2017
AGENDA
Committee of the Whole Meeting
5:30 PM - Monday, August 14, 2017
7th Floor, Conferencing Center, 7th Floor, City Hall – 1055 S. Grady Way
1. PARKS, OPEN SPACE & COMMUNITY FACILITIES DISCUSSION
Presentation
2. REGIONAL ISSUES
3. ECONOMIC DEVELOPMENT UPDATE
Presentation
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AGENDA ITEM #1.
Downtown &
Economic Development
Update
Date
Committee of the Whole
August 14,2017
A
G
E
N
D
A
I
T
E
M
#
3
.
200 Mill Avenue
Request for Proposals –Background
November 2016: City Council selected Winson Investment of Bellevue
as the preferred developer and directed staff to begin exclusive
negotiations with its team
Winson proposal included elements of senior housing, restaurants, retail space, and a
large public plaza opening onto the Cedar River, plus an international school and
dormitory; school element was to be developed and owned by Chinese national investor
January 2017: While discussing ENA terms with City, Winson team began process of
finalizing its development concept; conducting due diligence and site planning;
facilitating transfer of foreign assets to begin the project; and establishing proper legal
entities necessary to develop, finance, own and operate the project
April 2017: Winson’s team advised the City that the primary investor would no longer be
investing in the project and proposed changes to the scope of the project, including
removal of the international school and dormitory; investor related a different version of
events; those changes led City staff to conclude that it no longer had authority to
proceed with an ENA without bringing changes back to City Council for direction
A
G
E
N
D
A
I
T
E
M
#
3
.
200 Mill Avenue
Request for Proposals –Background
May 2017: Council asked staff to establish a date certain for responses from the parties
as to whether the team intends to proceed with the project as planned; City Attorney
sent a letter to Winson and its primary investor representatives, requesting that the
two parties determine whether they can reach mutual agreement and clarify their
intent in moving the project forward by June 6, 2017
June 6, 2017: As of this deadline, responses were received from attorneys representing
both parties, with each expressing interest in moving forward with a project on the site
but clearly indicating that they have not reconciled their differences and will not be
working together in the future; given this situation, staff suspended negotiations with
both parties at that time
Staff notified Council members that it would come back before Council in the near
future with alternatives to move forward
A
G
E
N
D
A
I
T
E
M
#
3
.
200 Mill Avenue
Proposed Next Steps
•Staff reviewed several options for next steps, including issuing a new RFI/RFQ
for the site or holding at this time on any action on the property
•Staff believes the area’s development market remains very strong; we are
encouraged by the rate of residential lease-up and rental rates at the Second
and Main project; and we have received informal requests about the site and
whether the previous project is moving forward
•Staff believes that by streamlining the interest and proposal processes, we can
begin a second round of solicitation that will allow us to more quickly
determine level of interest and move into discussions with interested parties A
G
E
N
D
A
I
T
E
M
#
3
.
200 Mill Avenue
New RFI/RFP Process
1.Revise, refresh and expand the list of developers to contact, as well as determine appropriate
on-line or print media to promote the RFI
2.Revise the original RFI document as a “Public/Private Partnership for Development of the 200
Mill Property” with the City
3.Within the new RFI, require a streamlined/limited amount of information to be submitted by
interested parties:
a.What is your interest?
b.What is your vision for the project?
c.What is your development experience, especially similar to this project?
d.Have you worked in a public-private partnership before?
4.New RFI will specify certain elements important to the City as part of a future project, including:
a.Public amenities, access to river
b.Residential, office and street level retail (some combination) as potential uses
c.Entire site must be part of any consideration (building and surrounding land)
d.Interested parties must be prepared to engage current tenants in discussions about future
development
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200 Mill Avenue
New RFI/RFP Process
5.Based upon RFI responses, staff and consultant will review submittals and meet with each
interested party to learn more about its interest and background
6.Staff and consultant will develop a list of qualified interested developers
7.Qualified developers will have the opportunity to respond to a new RFP where they can
provide additional details as to their qualifications and vision on how they wish to develop
the project and structure a public/private partnership
8.Upon review of the proposals, a selection committee comprised of City staff and elected
official(s) will meet with each developer to discuss their qualifications and vision
9.Selection committee will then place the developers in rank order and present to City
Council
10.City Council will review the finalists and select a preferred developer; upon acceptance by
the developer, the City will move forward to enter into an ENA to negotiate a development
agreement with the developer
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200 Mill Avenue
New RFI/RFP Process Timeframe
•Committee of the Whole Update and Agreement on new RFI/RFP process –
August 14th
•Advertise and release the RFI as early as possible
•Target completion of new RFI/RFP process with executed ENA by end of 2017
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Second and Main Apartments
Downtown Circulation Project Phase I (Main Avenue S Conversion)
Downtown Update
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Downtown Update
Events
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Downtown Update
Downtown Civic Core Vision and Action Plan
Coming Up:
CAC/TAC Meeting #3 –September
3rd Public Workshop –October
Joint Planning Commission/City Council Worksession #2 –October
Second Public Workshop:
June 6th Open House
Joint Planning Commission/City Council Worksession: June 27th
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Downtown Update
Downtown Civic Core Vision and Action Plan
Past and Current Engagement
Project
Kickoff
Stakeholder
Meetings
Joint
CAC/TAC
Meeting
Public
Kickoff
CAC/TAC #2
Public
Meeting #2
NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
Launch
website
2016 2017
CAC/TAC #3
Joint PC/CC
Worksession #1
Public
Meeting #3
Joint PC/CC
Worksession #2
CAC/TAC #4
Project Initiation Concept Development Recommended Alternative Draft Plan
Committee of
the Whole
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Downtown Update
Façade Improvement Program
Vigor Life Building, 332 Burnett Ave S
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Downtown Update
Renton Commons
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Downtown Update
Other Items
Property Transactions
Business Relocations and Expansions
Port of Seattle Funding
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Downtown &
Economic Development
Update
Date
Committee of the Whole
August 14,2017
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