Title
Approving an ordinance on second reading with the caption reading: An ordinance authorizing the first amendment to the ground lease of city property to Griffin/Swinerton, LLC; providing cumulative, repealer and severability clauses; providing for open meeting and establishing an effective date.
Summary
Phase One of Downtown East includes the construction of the Multi Generational Recreation Center, City Hall, retail, parking, a plaza and related infrastructure which encompasses utilities and roadwork. The ground lease, leases the 29-acre parcel to Griffin Swinerton, for the purpose of completing the design and to develop, construct, furnish and equip Phase One of the project. This amendment adds the structured parking building to structures covered under the ground lease that will be constructed within Phase One.
Project History:
The Downtown East project is located on +/-29 acres located at the northwest corner of Pecan Street and FM 685. Discussions for Downtown East have included aspirations to leverage the central Pflugerville location to become a mixed-use development with connections to Main Street and the City's hike and bike trail network anchored by the proposed new multi-generational recreation center and new city hall.
An Exclusive Negotiating Agreement (ENA) was approved on March 28th, which established the expectations of the development partnership and performance of preliminary development activities necessary to achieve the goals outlined by City Council for the Downtown East project. The ENA outlined the general roles, as well as the responsibilities, terms and obligations of both the City and the City's development partners Griffin Swinerton and Catellus. The ENA recognized the need for additional agreements, referred to as Preliminary Development and Definitive Agreements, that come as the development progresses.
On November 28, 2023, Council approved a Preliminary Development Agreement (PDA) for the project. The PDA proce...
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