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<br />Joint Development Authority <br /> TCAAP Redevelopment Project <br />AGENDA ITEM 8 <br /> <br />MEMORANDUM <br /> <br /> <br /> <br />DATE: April 29, 2016 <br /> <br />TO: Joint Development Authority Board of Commissioners <br /> <br />FROM: Directors Hutmacher and Worthington <br /> <br />SUBJECT: Rice Creek Commons Master Developer Selection <br /> <br />Budgeted Amount: Actual Amount: Funding Source: <br />n/a n/a n/a <br /> <br />MASTER DEVELOPER SOLICITATION PROCESS RECAP <br />On January 4, 2016, the TCAAP Joint Development Authority (JDA) approved the issuance of a solicitation for Master <br />Developer, endorsed the solicitation review process, and the formation of the Solicitation Review Committee (SRC). <br />Responses to the Master Developer Solicitation were due Wednesday, March 9th, 2016. The JDA received four <br />responses. The responses include: <br />• Alatus LLC <br />• Kraus-Anderson & Elion Partners <br />• Opus Group & Pulte Homes <br />• Ryan Companies & Lennar Corporation <br /> <br />On March 28, 2016, the SRC met to discuss solicitation responses. Based on the review of the four responses, it was <br />determined that all responders met the minimum criteria and interviewed all four proposers. Interviews took place on <br />April 11, 2016. <br /> <br />Based on the review of the solicitation responses and interviews, the SRC forwarded a shortlist of proposers to the JDA <br />for interviews who best demonstrated their qualifications, organizational and financial capacity, and their ability to meet <br />the shared goals of the City, County and JDA. The SRC shortlisted the following proposers to the JDA for interviews: <br /> <br />• Alatus LLC <br />• Opus Corporation & Pulte Homes <br />• Ryan Companies & Lennar Corporation <br /> <br />The JDA interviewed Alatus LLC and Opus Group & Pulte Homes at a special meeting on April 19th. Ryan Companies & <br />Lennar was interviewed by the JDA on April 26th, 2016.