Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving The Cancellation Of The South Park Road Redevelopment Site RFP 4364-13-JE.
Body
Recommendation: Approval of attached Resolution.
Explanation:
The Department of Community and Economic Development (CED) requested that Procurement Services issue a Two Stage Request for Proposals (RFP) inviting interested parties to submit proposals for the redevelopment of approximately thirty-two (32) acres of City owned property referred to as the South Park Road Redevelopment Site and located at 1600 South Park Road. The Stage I RFP Process emphasized the development expertise of the proposer including: team composition, prior projects, and a brief description of its proposed development concept. Each proposer advancing to the Stage II Process, upon the approval of the City Commission, would be evaluated on its detailed development concept, site plan, urban design/architectural elements, market analysis, financing plan, community participation plan, and implementation schedule.
October 22, 2013, during a workshop, the Hollywood City Commission was presented the proposals and qualifications of the following Proposers for the Stage I Process:
1. GBG Hollywood JV, LLC
2. CNL Commercial Real Estate
3. Tobin Properties
On October 22, 2013, after a review of the proposals and in consideration of site development constraints, the City Commission rejected all Proposers from advancing to the Stage II Process.
On October 22, 2013, the City Commission subsequently directed staff to secure appraisals for the property, identify environmental remediation costs, and to explore alternative development scenarios.
On December 18, 2013, in a workshop, the Director of the Department of Community and Economic Development, the Director of Real Estate, the Director of Public Utilities, and the Deputy Director of Public Works provided updates to the City Commission in follow-up to the October 22, 2013 City Commission Workshop. Due to current public ownership of the land, access to the Federal Brownfield Program is infeasible in order to defray environmental remediation costs.
The City Commission acknowledged the financial limitations of developing the entire 32-acre site due to the substantial environmental remediation costs.
Staff presented a development alternative that results from the assemblage of Parcel "A" and a portion of Parcel "B" to create a potential development site of approximately 17.69 acres.
The Department of Community & Economic Development is working with Procurement Services to procure engineering services to determine the costs of environmental remediation of the site. Staff will continue to provide regular updates to the City Commission leading up to the potential issuance of a new RFP for the proposed and approximate 17.69 development site or other action as directed by the City Commission
Recommended for inclusion on the agenda by:
Cathy Swanson-Rivenbark, City Manager
Davon Barbour, Director, Community & Economic Development.