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ECDC reviews Gateway Commons preliminary term sheet and moves to closed session
Summary
Staff presented a preliminary term sheet for the Gateway Commons mixed‑use project in the River Point District (Lot 9). After developer presentations and Q&A the committee voted to go into closed session to discuss project finances and the term sheet.
The Economic and Community Development Committee received a presentation on the preliminary term sheet for Gateway Commons — a proposed mixed‑use building on Lot 9 in the River Point District — and voted to enter closed session for further discussion of public assistance terms.
Project context and presenter
Julie and staff introduced the Gateway Commons project in coordination with the River Point District Redevelopment Authority (RDA). Lee Harenza and Lee’s partner (MyKey/Ryki Properties) and developer representatives described the site as the gateway…
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