Steering committee recommends pursuing sale authorization for 3-acre Kelly Drive parcel
Summary
The Arena District Steering Committee voted May 29 to recommend that staff pursue authorization to offer the 3-acre Kelly Drive parcel for sale or monetize its residential development rights; the recommendation will be forwarded to the mayor and county commission for approval.
The Arena District Steering Committee on May 29 voted to recommend that staff and partners pursue a prospect/authorization to offer the 3-acre Kelly Drive parcel for sale or to sell the site's residential development rights, with final approvals required from the mayor and the commission.
Accenture project staff told the committee the property's legal review indicated sale is permissible but requires municipal approvals. As one presenter summarized, “he he basically said it's okay to sell it, we just have to have approval by the mayor and the commission, um, because of the way that it's structured currently.” Committee member Allison Wright moved the recommendation; John Colepepper seconded, members voiced “aye,” and the motion carried with no recorded opposition. The Steering Committee asked staff to prepare a brief report for the full commission explaining options (fee simple sale, sale of residential development rights, or retention under Classic Center ownership).
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