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City staff recommend negotiating with Lyon Development for 6804 Windsor; council to hold Stanley parcels
Summary
City staff recommended negotiating a development agreement with Lyon Development for 6804 Windsor Avenue, while holding the Stanley properties for future development rather than approving a sale to the single nonprofit proposer.
City development staff presented two proposals for 6804 Windsor Avenue, a roughly 54,000-square-foot Art Deco building from about 1930. The city purchased the property earlier for $350,000; staff reported nine developer inquiries during the RFP process and two formal proposals.
Staff recommended Lyon Development as the preferred proposer. According to the staff presentation, Lyon’s plan would create about 40 residential units with an approximately 1,300-square-foot commercial space on the northeast corner of the first floor, coworking and amenity space and a secured bike room. The developer requested purchase of the property for $350,000 and sought approximately $1.75…
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