The city purchased the property last year for $750,000 and wants to see a mixed-use redevelopment. The city sent out a request for qualifications earlier this year and recently selected four developers to respond to a soon-to-be released request for proposals.
The city wants the site to include off-street parking, housing (preferably condominiums), as well as ground-floor retail and a public square. The mixed-use development can be at least 65,000 sf and no more than 175,000 sf, based on minimum and maximum floor-area-ratio requirements. The height maximums for the site are 55 feet for the Main Street half of the site and 45 feet for the back half.
The would-be developers are (Wayne) Rembold Properties of Portland, Peak Development of Gresham, Oregon Housing & Associated Services of Portland and Northwest Housing Alternatives of Milwaukie. If the condos are ultimately developed, it will be the first and only housing development in the city's Downtown core, says City of Milwaukie Community Development Director Alice Rouyer, who spoke with GlobeSt.com this week.
Rouyer says the RFP should be completed and sent out in the next two to three weeks and the developers will have another four weeks or so to submit their proposals. At least another month after that, a developer will be selected and negotiations will begin for a disposition and development agreement.
The city's redevelopment effort is being managed by Shiels, Obletz, Johnsen of Seattle. Because the city has no urban renewal district set up for its Downtown, the Rouyer says the city will consider incentives that could include waived system development charges and free demolition of the existing Safeway building, which was built in the 1950s.
Milwaukie has seen its share of renewal activity lately. Oregon Dental Services last year spent $9 million purchasing and converting for office use a 60,000-sf former Pendleton Woolen Mills factory here that now employees some 175 people, says Rouyer. As well, she says Electra Credit Union and Reliable Credit both have demolished their Main Street buildings and are now rebuilding.
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