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Redevelopment commission adopts amended College Square resolution, signaling conditional availability for host hotel with protections for city interests
Summary
After extensive public comment and debate, the RDC amended and adopted Resolution 25-136 to provide notice that the College Square property may be made available to a host hotel project in a form and on terms to be determined by the RDC and structured to protect the city's best interest and limit public risk. The vote follows calls from council members and the public to avoid transferring the parcel at a nominal cost without compensation or council approval.
After a multi-hour public discussion and substantial public comment, the Bloomington Redevelopment Commission voted Dec. 15 to adopt an amended resolution (25-136) indicating the RDC may make the College Square parcel available for a host hotel under terms determined by the RDC that are structured to protect the city—s interests and limit public risk.
Background: Staff briefed the commission on the history: the Monroe County Capital Improvement Board (CIB) selected a preferred developer (Dora Hospitality) in 2024 and identified an RDC-owned parcel at 200–216 South College Avenue (often called College Square) as a candidate site. Negotiations found a substantial financing gap in the developer—s pro forma; the RDC previously authorized expenditures to study site feasibility but had not agreed to final terms or a land conveyance.
Original language in the proposed resolution said the parcel "may be made available... at a nominal cost."…
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