"With this submission to the council of requests for proposals, my administration has taken a critical step in moving forward with this comprehensive redevelopment opportunity," Williams announced at a news briefing. "I am asking the council to allow us to issue an RFP this summer and to join with me to begin the process of seeking a master developer to help us translate our vision for this site into a reality."

The mayor has hopes of transforming the downtown property by developing housing, retail spaces, a library and a concert hall. However, those ideas are not set in stone. The "Request for Proposals for the Disposition of the Existing Convention Center Site Approval Resolution of 2002" is now in the hands of the City Council's Committee on Government Operations and the Committee on Economic Development.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.