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Founders Landing Developer Solicitation Committee City Commission Recommendation February 26, 2007
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Developer Solicitation Committee City Commission appointed a 13 member committee on May 8, 2006 Charged with developing a process that leads to a recommendation identifying a developer for Founders Landing Representatives were appointed from specific professional disciplines and memberships throughout the community
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Timelines and Process May 8, 2006 Committee Appointed June/September 2006 Develop Solicitation Request September 2006 Published Request for Qualifications - www.mqtcty.org October 31, 2006 Received Preliminary Proposals
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Timelines and Process November 8, 2006 Committee evaluated preliminary proposals November 17, 2006 Notified Development groups of continuation of process and future selection criteria November 28, 2006 Environmental workshop with development groups and regulatory agencies January 19, 2007 Finalized scoring criteria
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Timelines and Process January 29, 2007 Final Development Proposals received and distributed February 5, 2007 Developed questions for final presentations February 9, 2007 Final presentations by developers February 14, 2007 Committee convened to tally scores and develop a recommendation to the City Commission
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Timelines and Process February 22, 2007 Committee met to review final recommendation and presentation to the City Commission
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Evaluation Criteria Site Development Plan Business and Financial Plan Marketing Plan Organizational Plan Private/Public Partnership Plan
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Recommendation “ Per the City Commission’s request, after reviewing the proposals and presentations, in doing its due diligence for Founders Landing, the Developer Solicitation Committee unanimously recommends that the City Commission begin negotiations with The Urban Project.”
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Recommendation Support Site Plan Creativity in site design Research and listened to the Public Architectural design is of substantial quality Adheres to the Master Plan concepts provided by the community LEED-ND – conforms with Mayor’s Climate Control Agreement Creative solutions for existing environmental conditions
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Recommendation Support Site Plan Incorporates “Form Based” building design Preservation of Lake Superior views Neighborhood block structure rather than individual mega structure Quantifiable walkable design Housing options for all income types Preservation of downtown by providing appropriate land uses
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Recommendation Support Finance/Business Plan Formed creative partnerships with nationally recognized, high net-worth real estate investors – Over 3 Billion dollars worth of assets Proposing 68 Million dollars worth of investment in the community Creative funding opportunities to lessen public investment Prepared to move immediately on site number one and negotiating with clients to potentially expedite the development of site 2 and 3
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Recommendation Support Marketing Plan Conducted and used marketing plan to assist in defining and supporting proposed land uses Formed creative partnerships with potential clients Structured towards supporting downtown business through creative residential opportunities and infill development Proposing a plan that will obtain national recognition for environmentally sound development
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Recommendation Support Organizational Structure Strong partnership between developers\planners\investors Highly regarded planning team that is intricately networked with investment group Committed to maintaining communication with the City of Marquette and residents Extensive experience in municipal government within the team
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Recommendation Support Private/Public Partnership Plan Proven successful communication strategies Willingness to involve community in future development phases Vast experience with municipal development regulations and process Committed to public relations Community oriented goals for development – “People\Planet\Profit”
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Questions
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