A second proposal submitted by Taylor-based Rosbeau Developments calls for constructing 144 units in the towers. The project would have an estimated value of $38 million. Under the plan, the developer would also build a parking structure, which the city would own.

Within the Rosbeau proposal, City Hall would be relocated to a new $25-million, 120,000-sf building. Developers would own the building and the city would lease space for city staff and the police department. The plan also calls for $1.2 million in funding to upgrade Keifer Park, which surrounds the City Hall site. The park improvements, which would take two years to complete, would be completely funded by the developer. The managing partners of Rosbeau Development, Bill Beaulieu and Kale Roscoe, could not be reached for comment by press time.

City manager Thomas Hutka says residential development at the City Hall is consistent with the city's master plan and would boost the area's economy and Downtown retailers. "City staff will begin looking at the particulars of each proposal immediately. They are similar in many ways, but also have nuances which need to be fully understood," Hutka says.

Officials at City Hall and the Downtown Development Authority Board will review the proposals and make a recommendation to the city council within the next few weeks. After a proposal is selected, sale or lease of the city-owned property must be approved by voters.