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City council liaison outlines phased plan to redevelop city-owned City Center property; public hearing set
Summary
City council liaison Chelsea Noon described a tentative phased public-private partnership to release portions of a 100-year ground lease to a developer (New Englewood LLC) for mixed-use redevelopment. A public hearing is scheduled for council to take comments before an expected two-step October vote.
City council liaison Chelsea Noon told the Englewood City Library Advisory Board that city leaders have reached a tentative, phased agreement with a private developer to redevelop a large swath of city-owned property known as City Center.
Noon said a company that has purchased the existing ground lease — identified in meeting remarks as New Englewood LLC — would receive tracts of city land in phases. The city would first “release our ground lease” for a defined segment and require the developer to meet benchmarks before releasing additional tracts, Noon said.
Noon said the tract under initial consideration includes the area behind Harbor Freight (identified on a map as “C2” during the presentation) and that the phased approach requires the developer to demonstrate in good faith that it can meet established requirements before further land releases.
Because the proposal would transfer city-owned land under a public-private partnership, the council scheduled a public hearing for its next meeting to gather citizen comment. Noon said council expects to take the agreement forward in a two-step vote in October unless substantive concerns arise during the hearing.
Noon told the board that negotiations included “very stringent . . . design standards” intended to maintain city control and protect taxpayer assets. She invited residents to watch the council session online and to offer comments at the public hearing.
Noon encouraged anyone with questions to speak with her after the meeting; the council hearing date was described as the coming Monday in the transcript.
