Title
Presentation: Downtown Market Plaza Project - Preliminary Design Concepts and Amendment to Development Structure Agreement
Body
Issue/Request:
Presentation of the initial preliminary design concepts for the Downtown Market Plaza project by Lane4 Development Group and GLMV Architecture, and amendments to the Development Structure Agreement to authorize the Architect Contract for conceptual master planning of the project.
Key Issues:
Presentation of preliminary design concepts for the project by the selected architect, and amendments to the Development Structure Agreement for the Architect Contract and other ongoing work.
Background:
Conceptual Planning for the Project -
The City has engaged in planning and preparation efforts to proceed with the Downtown Lee’s Summit Market Center Project (the “Project”) which is generally planned to be located in an area bounded by 2nd Street on the north, 3rd Street on the South, Green Street on the west and Johnson Street on the east, and extending across Green Street into the area that currently serves as the Civic Plaza for City Hall (collectively the “Redevelopment Area”).
Amended Development Structure Agreement -
The City executed the Development Structure Agreement with Lane4 Property Group, Inc. (“Developer”) and Biederman Redevelopment Ventures (“Manager”) on May 21, 2021. The City has worked with those parties to conduct extensive stakeholder information gathering and work sessions that have included the Mayor and City Council. City staff has discussed amendments to the Development Structure Agreement with the Developer to accomplish a few key items:
- Authorize the execution of an Architect Contract with GLMV (“Architect”), which is the company that the City staff and Developer have jointly selected as the most qualified architect company for this work;
- Authorize the expenditure of funds to conduct a structural analysis of the Ice House structure;
- Authorize the expenditure of additional funds wit...
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