The City’s 10-acre property at 3900 Boulevard Rd will be developed to include mixed income and affordable housing, a neighborhood center and connections to LBA Woods and Park. The City is moving forward with preferred development partner Romano Capital.
At this stage the City has engaged Romano Capital to develop an Exclusive Negotiation Agreement that articulates expectations of both parties as they work toward a Purchase and Sale Agreement consistent with the community outreach efforts and the project vision. Public and neighborhood engagement will begin in September, prior to the developer submitting a land use application. This will be an opportunity for the public to learn more about the project and provide feedback to help shape the design and development of the property.
As part of the interview process Romano Capital presented a conceptual master plan consistent with the ‘elements of a successful project’ identified by the City Council. This is only a draft concept, and we expect some elements will change as neighborhood engagement and the land use process occur.
In 2016, the City purchased 72 acres on Boulevard Road. The intent was to preserve 59 acres for park property, use 3 acres for the future extension of Log Cabin Road to Wiggins Road, and develop the 10 acres at 3900 Boulevard Road into multi-family housing and neighborhood-oriented commercial use.
In 2020, the City issued a Request for Qualifications to find a well-qualified developer with an established track record of delivering high quality and affordable housing options to develop the 10-acre parcel. Following a pause due to the pandemic, the City interviewed three prospective development teams in spring of 2021. Teams were reviewed according to how well their proposal aligned with the elements of a successful project identified by City Council:
Elements of a successful project: Our vision...
- Housing for a mix of income levels with emphasis on affordability for median-income families.
- Environmental sustainability in development, design, and construction.
- Support and participation by the existing neighborhoods in the design and development of the project.
- Quality design that reflects the character of the surrounding area.
- Connections to LBA Woods/Park and other surrounding amenities.
- Inclusion of a neighborhood commercial and community benefit element is encouraged.
- Performance and timeliness of the developer/builder is critical.
The interview review panel included members of City advisory boards and key staff members. The panel unanimously selected Romano Capital as the preferred development partner.
Public engagement will kick off in early September 2021. Three public meetings are planned for the Fall. Stay tuned for dates.
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Contact Mike Reid, Economic Development Director at 360.753.8591 or firstname.lastname@example.org