03 - RFP - S Main Renovation - Laserfiche WebLink

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REQUEST FOR PROPOSAL CITY OF SANTA ANA BUILDING RENOVATION PROGRAM South Main Corridor INTRODUCTION Since the City's first Redevelopment Project Area, Central City (Downtown), was adopted in 1973 (and subsequently expanded in 1975) tremendous strides have beeri'made throughout the city in creating new business opportunities, developing new venues' for visual, and performing arts, renovating commercial and industrial areas, enhancing residential neighborhoods through a variety of affordable housing programs, building new schools, as well as"upgrading infrastructure and roads. Today over 5,000 acres of the city are located within :six, redevelopment project areas. These areas are. Central City; Inter City; North Harbor; South Hacgor; South Main; and Bristol,Corridor. The Bristol Corridor Project Area was adopted in 1989, while the;pre~eding four areas were adopted in 1982. The Santa Ana Community Redevelopment Agency. is*successfully achieving its intended purpose in these areas, which is to act as a catalyst for new privat$,investment. II. THE PROJECT A settlement agreement was entered into following the,, adoption of the South Main Street Redevelopment Plan. It provides that 20% of the annual net.;tax increment generated by a certain ,,,. geographic area referred to as the "Corridor" (Attachment I) rrtu"st be set aside and used for public and private improvements'to enfiarie~ the Corridor. The Agency currently has $8 million of unspent funds in this account in addition to Elie approximate;$2 million deposited annually into this account. To date, a number of pulil~ic~mprovements have been~ddnstructed along the Corridor, including street reconstruction, new curbs, Butt"ers, sidewalks, street trees, banners, and a gateway sign. In addition, the Agency has implemented foC'some years; a"fagade rebate program which has had mixed results due to the length of`the Corridor aridscattered owher participation. The Corridor is a key link from the high,end,`mixed use development district referred to as MacArthur Place, arid`the Downtown. ''Th`e Agency"is desirous of concentrating its resources to enhance the visual appearance of the Corridor with a cohesive and comprehensive architectural design that reflects the history,,of this commercial district. To that end, the Agency is intending to fund all of the necessary exterior building improvements, including design, construction and oversight. The Agency would "own" the building fagade for a period of ten years. The Agency would design and construct the improvements and the property owner would receive back 10% ownership of the building fagade every year until total re'ovvnership in the tenth year. The property owner will be required to maintain the new improvements and would be subject to all City ordinances regarding signage, banners, temporary signs, and lighting. 2 3-6