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03-28-16-R
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03-28-16-R
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3/25/2016 11:46:56 AM
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3/25/2016 11:39:28 AM
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Page 1 of 1 <br /> <br />DATE: March 28, 2016 <br /> <br />TO: Honorable Mayor and City Councilmembers <br />Sue Iverson, Acting City Administrator <br /> <br />FROM: Jill Hutmacher, Community Development Director <br /> <br />SUBJECT: Rice Creek Commons (TCAAP) Update <br /> <br /> <br /> <br />Responses to the Solicitation for Master Developer were received on Wednesday, March 9, <br />2016. Four proposals were received representing partnerships as follows: <br /> Alatus, LLC <br /> Kraus-Anderson and Elion Partners <br /> Opus Development Company, LLC and Pulte Homes <br /> Ryan Companies and Lennar Corporation <br /> <br />The JDA is scheduled to choose a master developer at its next regular meeting on May 2, 2016. <br />Staff is working to schedule special JDA meetings in late April for developer interviews and <br />deliberation. Once scheduled, special meeting dates and agenda information will be posted on <br />the City website. <br /> <br /> <br />STAFF COMMENTS – 3A <br /> <br /> <br />MEMORANDUM <br />
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