What is the City paying for? What is Testa Companies paying for?

First, a Concept Plan must be finalized in order to determine the scope of the construction, parking, road improvements, etc. that would be needed for the project. Once that is accomplished, the City will negotiate with Testa Companies on a Downtown Partnership Agreement  which will spell out who is responsible for what in the project. We do not anticipate finalizing a Downtown Partnership Agreement until 1st Quarter of 2018.

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1. What is the proposed timeline for the development project?
2. How will the Phase II development blend with First and Main and the surrounding neighborhoods?
3. Is the proposed development viable in today's market?
4. How will the proposed project traffic be addressed?
5. What is the City paying for? What is Testa Companies paying for?
6. Will the project include rental units and single-level housing units within multistory buildings?
7. What types of residential and office uses are being proposed?
8. How will storm water from the project be addressed?
9. What is a developer's agreement and what are the terms?
10. Will parking be included in the design?
11. Will the project incorporate environmental sustainability?
12. How tall will the building be?
13. Has the City considered putting a City Hall, Rec Center or park in the development?