Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
City outlines RFP to redevelop 200 North Public Road, seeks projects that preserve Oldtown character and include local small businesses
Summary
The city presented a two‑phase request‑for‑proposals for 200 North Public Road, aiming to activate a former Chase property with a sales‑tax generating use that fits Oldtown’s character, prioritizes local businesses and offers financial feasibility; phase‑one rolling submissions are open through April.
Lafayette staff presented an update on the disposition strategy and two‑phase RFP for 200 North Public Road on March 3, explaining how the city acquired two former Chase properties and will market 200 N. Public for reuse that preserves Oldtown character and supports local businesses.
Economic Development Director Bridget told council the city and its Urban Renewal Authority bought adjacent parcels (108 and 200 North Public Road) to preserve public parking and to steer redevelopment toward uses that generate sales tax and activate the downtown. The parcels were priced competitively — staff said 200 N. Public Road is listed at $1.66 million, a discount from an earlier combined valuation.
The RFP has two phases. Phase one is a short, one‑to‑two‑page submittal on a rolling basis through the end of April; phase two invites shortlisted respondents to submit detailed financial, design and operational plans in May. Staff will evaluate proposals on adherence to guiding principles (fit with Oldtown character, year‑round activation, sustainability) and on financial viability, team experience and inclusion of local small businesses and minority‑ or women‑owned enterprises.
Director Bridget said the city will give “special consideration to projects that demonstrate the inclusion of a sales‑tax generating use and meaningful participation by local businesses,” and that the LURA/DDA/staff review committee will solicit community feedback before making a recommendation to council in July.
Councilors asked how the city will avoid prolonged vacancy, whether deed restrictions would limit financing and how the city would protect the public parking the acquisition preserved. Bridget said the city plans to use economic‑development agreements and enforceable milestones where appropriate to ensure projects proceed, and that first‑offer or right‑of‑first‑refusal clauses could be part of future negotiations.
What’s next: Phase‑one proposals will be accepted on a rolling basis through April; staff will shortlist respondents for phase two and plan community outreach before bringing recommendations to council in July.
