The design for the redevelopment of the Southern Skillet by SJ Collins, goes before the Historic Preservation Commission tomorrow morning for review. This is a regularly scheduled work session and begins bright and early at 8:30 am in Room 220 at City Hall and is open to the public.
This meeting is being held in a closure or executive session because the financial offers are being discussed with regards to matters associated with the acquisition or disposition of real estate..
The Roswell Downtown Development Authority (DDA) released a second request for proposal (RFP) for the Southern Skillet Site on Oct. 31, 2018, as previously reported. We thought it might be interesting to share what might be going on in the offices of the developers preparing to submit a proposal this week.
The Roswell Downtown Development Authority launched a second Southern Skillet Site Redevelopment Request For Proposal (RFP) on Wednesday, Oct. 31. The new RFP invites potential developers to submit offers and design concepts for consideration of the historic area.
The Roswell DDA, Committed To Only The Best For Roswell
The Roswell Downtown Development Authority (RDDA) voted today to conclude the procurement process to identify and secure a developer for the 4.2-acre Southern Skillet Site. The process was concluded without securing a contract for the redevelopment of the site with the Beecham/Ardent team, which was selected as the team to proceed with in April 2017.
There are few things that move slower than a complicated, infill, redevelopment, so we wanted to update you on where we are.
The DDA is nearing the end of the RFP process to create an offer to purchase the Roswell Plaza property. After nearly a year of pursuing the termination, Family Dollar finally agreed to terms. That lease termination agreement was executed by City Council on June 6, 2018. It will now allow an offer to be specific as to the timing of a closing.
During the time the Family Dollar lease settlement was being pursued, Beecham/Ardent planned a multitude of options to deliver on the plan submitted in their proposal. Conditions to execute that plan included expanding to properties adjacent to Roswell Plaza to create a larger coordinated master plan. Three other property owners were engaged in many discussions and negotiations. This pursuit was complex given each owner having their own conditions related to price, timing and use. Further, the planning phase explored multiple mixed-use scenarios that included grocery, retail, office, a food hall, townhomes and multi-family. Parking deck designs were explored within the Roswell Plaza boundary as well as on the adjacent property. As the agreement with Family Dollar was being negotiated for lease termination, more than 35 concepts plan were produced by Beecham/Ardent as they evaluated them for financial and market viability.
Beecham/Ardent has informed us that they are prepared to submit their offer to the DDA. We will be sharing this offer with City Council and discussing next steps.