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Commission selects JHM Group as preferred developer for Riverside sites and refers matter to corporation counsel
Summary
After an executive session on redevelopment at 273 and 296 Riverside Avenue, the commission voted to name JHM Group the preferred developer and referred the matter to corporation counsel for next steps.
Following a closed executive session on redevelopment of two Riverside Avenue parcels, the commission moved to name JHM Group the preferred developer for 273 and 296 Riverside Avenue and referred that selection to corporation counsel for next steps.
The motion to select JHM Group was made, seconded and carried in open session after commissioners reconvened. The chair asked that the selection be forwarded to corporation counsel for review and any necessary negotiation. No specific financial terms or detailed development plans were announced in the public meeting; the matter will proceed through counsel and further commission review as needed.
The commission's public record notes the executive session was convened specifically to discuss the redevelopment of those parcels and that attendees in the closed session included commissioners, the executive director, the purchasing agent and staff. After the vote the commission concluded the meeting and adjourned.
