The City is now seeking to sell the property to a development team that will achieve the following objectives:
• Implement a catalytic redevelopment that is seamlessly integrated with surrounding neighborhoods and commercial corridors;
• Develop a financially viable, phased project using private-sector funding sources;
• Expand the State and local property, sales and income tax base;
• Provide new employment opportunities;
• Provide open space and community amenities; and
• Provide support for new and emerging market-driven economic clusters in the region.