IN RE:
Review by the Planning Board of a Development Agreement as required by Section 142.423 of the City Code between the City and Lincoln Road Holdings LLC (the “Developer”), which Development Agreement delineates the terms and conditions for the development of City-owned surface parking lot located at 1664 Meridian Avenue (“P27” or the “Property”) for a mixed-use development consisting of (1) Class A office space, (2) ground floor retail , (3) rental apartments, (4) public parking to replace the existing public parking spaces on P27, and (5) additional parking to satisfy off-street parking requirements for the office and retail uses, said Development Agreement also memorializes certain conditions precedent for the City’s lease of the Properties to the Developer, such leases being subject to approval by the City Commission and by a majority vote of the voters in a City-wide referendum.
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