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Downtown Glendale Property Disposition Discussion City Council Workshop - June 28, 2022 Overview 2 • Background • Summary of Disposition of City-Owned Real Property policy • Recommendation • Overview of Identified City-Owned property in Downtown Glendale • Discussion and Consensus on Council Goals and Visions for Downtown Glendale • Next Steps Background 3 • In December 2021, City Council provided consensus and direction to move forward with the Downtown Campus Reinvestment project • Since the announcement of this major investment project, interest in acquiring and developing property in Downtown Glendale has increased The Policy 4 • City Code provides authorization to sell, lease, exchange or otherwise dispose of city property for the best interests of the city as determined by the City Council • January 14, 2020 City Council adopted resolution R20- 04, the Disposition of City Owned Real Property Policy • Policy established procedures for lease, sale or exchange of city-owned real property The Policy 5 • The policy outlines three different procedures for disposition: – Council Initiated – City Manager Initiated – Unsolicited Offer or Inquiry • The Policy outlines six methods for disposition: – Licensed Real Estate Broker – Sealed Bids – Public Auction – Request for Proposal/Request for Information – Negotiated Sales or Leases – Exchanges Staff Recommendation 6 • Issue an RFP for the following city owned parcels that include: – Former Thunderbird Lounge/adjoined suites – Former dry cleaners – Parking lots directly south – Two vacant lots at Grand Avenue/57th Drive • RFP will prioritize the development drivers as determined by City Council in today’s discussion • City will follow the RFP procedures as set forth in city policy – RFP advertised for two consecutive weeks – Responses due no later than 30 days after first advertisement – RFP mailed to all addresses within 150 feet of property – “For Sale” sign posted on subject properties for duration of advertisement period City owned Property in Downtown Glendale 7 • Based on open market inquiries and interest, staff recommends a focus on the identified city-owned properties outlined in red. # APN Area (acres) Use Zoning 1 146-01-974 0.202 Parking Lot C-2 2 146-01-126 0.161 Parking Lot C-2 3 146-01-029 0.071 Parking Lot PR 4 146-01-028 0.251 Parking Lot PR 5 146-01-027A 0.080 Vacant Building PR 6 146-01-024A 0.198 Vacant Building PR 7 146-01-062B 0.144 Vacant C-2 8 146-01-060B 0.257 Vacant C-2 8 7 8 Glendale Ave 58th Drive 58th Avenue 1 2 3 4 5 6 Council Goals & Vision for Downtown 9 • What uses should we prioritize when evaluating RFPs for downtown? – Restaurants – Residential – Pubs/bars/breweries – Night club/venue – Boutique Hotel – Bakery – Grocery/pharmacy – Art galleries/museums Consensus 10 Staff is seeking consensus from Council on the following: • What prioritized goals and vision should be communicated to the open market for proposed development in this RFP? Next Steps 11 • With consensus from Council, staff will draft corresponding RFP document to communicate process, requisites, and parameters for proposed development plans to the open market for the identified city-owned parcels in downtown Glendale.