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HomeMy WebLinkAbout07 TUSTIN LEGACY 07-03-00AGE[ DA NO. 7 ~,..07-~o3-oo DATE: JULY 3, 2000 TO: FROM: SUBJECT: WILLIAM A. HUSTON, CITY MANAGER REDEVELOPMENT AGENCY STAFF TUSTIN LEGACY: RECOMMENDATION OF SHORT-LIST FOR MEDIUM-HIGH DENSITY RESIDENTIAL DEVELOPER COMPETITION RECOMMENDATION It is recommended that the Tustin City Council confirm the recommendation of its Technical Evaluation Team to short-list Greystone Homes, John Laing Homes, Olson/Standard Pacific and Shea Homes as qualified to proceed to the proposal stage in competition for development of the Tustin Legacy Medium-High Density Residential site. FISCAL IMPACT There is no cost associated with the City Council's affirmation of a short list of developers. Costs for the Request for Proposal (RFP) process, have been accommodated in the budget. BACKGROUND Agency staff recently initiated a Request for Qualifications (RFQ) process for the first three development sites planned for disposition at Tustin Legacy. Agency staff initiated the process in anticipation of obtaining the approximately 1,200 acres of the former MCAS-Tustin from the Navy some time this year. The first site offered to the development community was the proposed 25.3 acre Medium-High Density Residential property at the northeast comer of Edinger and Harvard, planned in the MCAS-Tustin Reuse Plan for up to 505 housing units, at a density not to exceed 25 units per acre. Notification was mailed in late November to an extensive interest list of development entities regarding the RFQ process on the site. Press releases also were released just ahead of the release of the RFQ package. Eighty-five (85) RFQs were requested on this oppommity and 22 responses to the RFQ were received by the February 11, 2000 submittal deadline. City Council Report Tustin Legacy Developer Short-List July 3, 2000 Page 2 Agency staff conducted an initial screening of the 22 submittals and eliminated six for failure to respond to or meet a minimum production criteria specifically called for in the RFQ. The remaining 16 submittals were reviewed by the members of the Tustin Legacy Technical Evaluation Team (TET). The TET included Agency staff, principal representatives from Interra Strategies and Economic & Planning Systems (the Development Advisors for Tustin Legacy), the City Attorney, and two representatives of the City Council (Councilmember Tracy Worley and Councilmember Tom Saltarelli). The first step in the review process was a rating of each developer based upon capability, quality and responsiveness as measured by the specific criteria in the RFQ. A standardized evaluation form was filled out, with assignment of certain criteria categories for review based upon specific expertise. These evaluation forms were consolidated for each submittal, resulting in an overall numerical ranking of developers by score. The TET members then met to review the consolidated evaluations, discuss the conclusions and ratings they represented, and to define a short-list of top developer candidates that would be recommended to the full City Council. The four respondents that the TET recommends be short- listed to proceed to the Request for Proposal stage are as follows: · Greystone Homes · John Laing Homes · Olson / Standard Pacific · Shea Homes These developers were selected as most qualified based upon a combination of their exceptional financial and project management capability, demonstrated experience in quality residential development projects in California, knowledge of the Orange County market, and understanding of the goals for the site as defined in the MCAS Tustin Reuse Plan / Specific Plan. In response to development concepts proposed by respondents, City Council members of the TET also provided direction that the subject site was to be developed with ownership product as opposed to apartments. The approved short list of developers will be notified of their selection and advised as to when they will receive the Stage Two - Request for Proposals. 'Staff is currently working with its consultant team to finalize the development information, criteria and format of the RFP. It is anticipated that the selected developers will have approximately three months from the date of receipt of the RFP to prepare their proposals for this residential site. Agency staff will be available at the July 3ra meeting to respond to uestions from the City Council on the RFQ process. Christine A Shingleto · nd/ Assistant City Man~er ~///~yroject ~v~anager