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Council approves sale agreements for small East Capitol parcels with developer deadlines
Summary
The council reviewed sale-and-development agreements for properties acquired as part of East Capitol redevelopment. Agreements require construction within defined windows (two to three years) and include provisions that allow the city to reacquire parcels if developers fail to build.
City staff presented two sale-and-development agreements for small parcels along East Capitol Avenue that were acquired as part of the city’s broader East Capitol redevelopment program. The properties are being sold to private developers under specific terms that require project completion within a set timeline, with city reversion if conditions are not met.
One parcel at 212 Jackson…
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