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Committee authorizes 75‑year ground lease for Partners for Home quick‑delivery housing site; developer expects late‑May groundbreaking
Summary
The committee approved a long‑term ground lease with Partners for Home for a rapid housing project at 405 Cooper Street SW, amended to a 75‑year term to preserve long‑term affordability; a groundbreaking was expected by the end of May.
The Community Development & Human Services Committee on May 13 authorized a ground lease to Partners for Home for city‑owned land at 405 Cooper Street SW for development under the city’s rapid housing initiative and amended the lease term to 75 years to ensure long‑term affordability.
“This has already come to you all and passed with 20 years. We just amended the document to change it to 75 years to ensure long term affordability for this project,” a staff representative told the committee during the item presentation. The committee approved the substitute by a 6–0 vote.
Councilmembers and project staff discussed permitting and community engagement. Staff told the committee they were targeting a groundbreaking at the site by the end of May 2025, pending final permits and issuance of the land‑disturbance permit. The sponsor agreed to biweekly stakeholder meetings during construction and after occupancy to keep neighbors informed.
The lease approval included a waiver of competitive procurement provisions because the conveyance was part of the rapid housing program; the committee recorded the vote in favor of the substitute and the item is favorable, with staff to proceed to finalize permits and schedule a community event for the groundbreaking.
