CITY COUNCIL STAFF REPORT
MEETING DATE: AUGUST 5, 2015
PREPARED BY: Leslie A. Little, Asst. City Manager/Community Development
APPROVED BY: City Manager
TITLE
AUTHORIZATION TO NEGOTIATE SALE OR EXCHANGE OF PROPERTY WITH WESTON MILES ARCHITECTS FOR THE EXPANSION OF THE GRANARY
END
RECOMMENDATION(S)
RECOMMENDATION
Adopt resolution authorizing negotiations for the sale, exchange or lease of the Depot building parking lot property with Weston Miles Architects for the expansion of the Granary.
BODY
COUNCIL PRIORITIES, GOALS & STRATEGIES:
2015 Focus Areas
Stimulate Economic Development
Advance Downtown Revitalization
REPORT NARRATIVE:
Weston Miles Architects are the developers and owners of the Granary complex located just north of one of two, City-owned parking lot parcels on Depot. The Granary Phase I is a successful mixed use project, containing offices, service tenants and a popular, high-volume restaurant. Weston Miles owns the adjacent private parking lot, which contains 14, full sized (1 handicapped) parking spaces. Phase II of the Granary, will be the construction of a 30-unit condominium complex, directly north of the Granary Building, on the corner of Depot and Main. This condo project will extend the Granary to create a "district" to complete the Depot block from the parking lot to Main Street.
To facilitate the condominium development, an existing garage building must be demolished or relocated. Weston Miles proposes to relocate the building, and then more than double the size by adding more retail/restaurant space, at a location south of the Granary Building extending the "district" to the south. To do this, Weston Miles, working with staff, have discussed swapping parking lot areas (taking WM's private lot and making it public in exchange for development of the 10-space lot), or facilitating the long-term lease/ out-right sale of the independent portion of the northern Depot parking lot, to accep...
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