Title
Discuss the Progress on the Schematic Design for a Downtown Public Parking Garage, Generally Located on the Northeast Corner of Chestnut Street and Virginia Street
Summary
COUNCIL GOAL: Direction for Strategic and Economic Growth
Enhance the Quality of Life in McKinney
MEETING DATE: September 5, 2017
DEPARTMENT: Planning
CONTACT: Matt Robinson, AICP, Planning Manager
Barry Shelton, AICP, Assistant City Manager
RECOMMENDED CITY COUNCIL ACTION:
* Discuss the proposed parking garage generally located on the northeast corner of Chestnut Street and Virginia Street.
ITEM SUMMARY:
* Mayor Fuller and Mayor Pro-Tem Rogers requested that this item be brought forward for additional discussion pertaining to changes that could be made to make the garage more efficient.
* On November 15, 2016 the City Council approved a development agreement with the owners of the property on the northeast corner of Chestnut Street and Virginia Street for the design, construction and lease of a parking garage.
* The first phase of the development agreement was for schematic design services for the purpose of obtaining preliminary cost estimates.
* On March 7, 2017, four options were presented, with estimated construction costs, for the City Council's review.
* The City Council selected option "C" as the preferred option and directed staff to move forward with the development of the lease agreement. Option "C" is for a five story parking structure that would leave Herndon Street open and only utilize the subject property for the construction of the garage.
* On April 4, 2017, the City Council approved a Resolution authorizing the City Manager to execute a lease agreement with the property owners, Virginia@5, LLC and SP2 301 E Virginia, LLC. The lease agreement will be executed upon the award of a construction contract for the structure.
* The proposed site plan, building elevations and amending plat for the parking garage are currently in development review. The ...
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