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Staff: Confluence site negotiations underway with Ethos/Time Equities Group; hotel interest reported
Summary
Staff provided a brief update on the Confluence site development project, saying the agency is negotiating under an ENA with Ethos/Time Equities Group and that there is reported interest from a hotel operator; staff said details are limited while negotiations continue.
Staff gave a brief update on the Confluence site development, noting the update was limited because negotiations are ongoing under an exclusive negotiating agreement (ENA).
An unnamed staff member said the agency is in negotiations with Ethos/Time Equities Group and that there is interest from a hotel operator. The presenter said they could not share many negotiation details at this stage and that an executive session had occurred earlier. The staff member said they had reached out to the prospective parties and expected to have more information in the near future.
The update was presented as a status report rather than a request for action; no formal approvals, changes to the ENA, or votes on development agreements are recorded in the meeting transcript.
Public comment earlier in the meeting also raised downtown parking as a community concern tied to upcoming state land-use changes, a point the board will likely consider in broader downtown planning.
