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City presents three concepts for 21 South Lynn Street; staff recommends public presentations by developers
Summary
City staff summarized three developer proposals for 21 South Lynn Street—a midrise mixed-use concept, a 13-story LIHTC-backed senior housing scheme, and a flexible mixed-use project with arts/performing-arts space—and recommended public presentations from shortlisted teams; staff judged one concept financially nonviable.
The city manager presented three development proposals for the city-owned property at 21 South Lynn Street and recommended inviting developer teams to present publicly so council and the public could compare concepts and next steps.
Staff purchased the site in August 2023 to guide redevelopment toward broader downtown goals, including active first-floor uses, a diversity of housing types and higher taxable valuation than a likely market-driven student housing tower, the city manager said. The city issued an RFP in September 2024 and received three responses by the November deadline.
Staff summarized the proposals as follows:
- Grand Rail (with Urban Acres, OPM and Axiom): a six-story, steel-framed midrise targeting LEED Silver with about 6,300 sq. ft. of entertainment/ground-floor space (letters of interest from the Englert Theatre and the Stories Project), three floors of office, and two upper residential floors with…
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