For Immediate Release
Redwood City Seeking Qualified Developers for Landmark “Depot Circle” Development
Redwood City, CA - September 2, 2011 - Redwood City released a Request for Qualifications (RFQ) this week, aimed at prospective developers qualified to partner with the City in carrying out the proposed Depot Circle development concept. The Depot Circle project is envisioned by the City for the area known as Block 2, currently a City parking lot on Middlefield Road adjacent to the Redwood City Caltrain station, and the Winslow Parking Lot across the street.
“This is an exciting and ambitious project that will create a new, welcoming gateway to our Downtown,” said Redwood City Mayor Jeff Ira. “It’s the next big step in Redwood City’s Downtown renaissance, building on our success so far and offering the opportunity to bring an inspiring and brilliant vision to life for our community.”
Depot Circle is proposed to be a unifying urban landmark, including an elegant traffic circle centered with a monument at the confluence of realigned Winslow and Hamilton streets, providing a dramatic focal point for what will become the western gateway into Downtown Redwood City. Surrounding the circle may be medium-rise buildings featuring a variety of possible uses including residential, office, retail, and boutique hotel. Depot Circle is envisioned as an enhanced link between the Sequoia Station shopping center, the Caltrain station, and Downtown.
The RFQ has been provided to a number of developers, some of whom have already expressed interest in considering the project. The document is also available on the City’s website, www.redwoodcity.org, by clicking on the “Hot Topics” menu (direct link: http://www.redwoodcity.org/phed/planning/depotcirclerfq.htm). The City is encouraging any developers with an interest to download and respond to the RFQ, or to call and request an RFQ.
City Manager Bob Bell notes that, “We’ll only accept the most creative, inspiring, and innovative firm to carry this project forward, which is what Redwood City deserves. We’re imagining a bold, original design for the new Downtown gateway that Depot Circle will become, and the selected developer must have the vision and ambition to make that happen.”
The City is asking for submittals of qualifications by October 17, 2011. Interviews with selected firms will take place in late November, and a recommendation for selection of a developer for an “Exclusive Right to Negotiate” agreement would come to the City Council in mid-December. A completed agreement would be expected by February, 2012, with the project anticipated to be completed within two-to-three years thereafter.
The Depot Circle project represents the next important phase of Redwood City’s Downtown revitalization, following the creation of the retail/cinema complex and Courthouse Square, which has resulted in many thousands of people visiting Downtown on a regular basis. The City’s Downtown Precise Plan, approved earlier in 2011, puts in place zoning standards and design guidelines for future development in the Downtown area, and offers potential developers clear parameters for how they may help continue the establishment of an exciting, active, and livable Downtown with interesting building forms and attractive, inviting spaces.
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Downtown Development Coordinator