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File #: 15-1531   
Type: Staff Briefing - Without Ordinance
In control: Economic and Community Development Committee
On agenda: 3/3/2015
Posting Language: Public Private Parnership (P3) development in the northwest quadrant of Hemisfair. [Lori Houston, Director, Center City Development & Operations]
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DEPARTMENT: Center City Development & Operations


DEPARTMENT HEAD: Lori Houston


COUNCIL DISTRICTS IMPACTED: Council District 1


SUBJECT:

Hemisfair P3 RFQ Issuance for Northwest Quadrant


SUMMARY:

An update on the issuance of a Request For Qualifications (RFQ) and one or more Request For Proposals (RFP) on approximately five acres of developable land held by the HemisFair Park Public Facilities Corporation (HP PFC) in the northwest quadrant of HemisFair Park. The proposed project is currently referred to as the NW Quadrant and is adjacent to the schematically designed civic park.


BACKGROUND INFORMATION:

Hemisfair Park Area Redevelopment Corporation (HPARC) was established in 2009 to manage and oversee the redevelopment and management of 14.35 acres of developable property at HemisFair Park. The Hemisfair Master Plan, approved by City Council in February 2012, contemplates the development of P3 mixed-use vertical structures at various sites within Hemisfair. To accomplish this goal, the City Council identified areas of land within Hemisfair that may be developed, and conveyed those properties to the Hemisfair Park Public Facilities Corporation (HP PFC), a corporation governed by City Council. On December 11, 2014, the HP PFC authorized a Master Lease Agreement with HPARC to allow for long-term ground leases of the HP PFC properties.

The NW Quadrant includes two sites that total approximately five acres on which multifamily residential housing units, offices, hotel, ground-floor amenities such as restaurants and local shops, and public parking spaces may be developed. This project will be adjacent to the newly designed civic park, Hemisfair's front porch which is designed to include such amenities as a source plaza, promenade, mural room, gardens, groves, shallows, and a large lawn. The civic park is expected to start construction after the removal of the western portion of the Henry B Gonzalez Convention Center (currently estim...

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