HomeMy WebLinkAbout15 TUSTIN LEGACY 10-16-00AGENDA RE '9RT ,o.,,
~.-.-~ 10-16-00
TO:
FROM:
WILLIAM A. HUSTON, CITY MANAGER
REDEVELOPMENT AGENCY STAFF
SUBJECT:
TUSTIN LEGACY: RECOMMENDATION OF SHORT-LIST FOR
COMMERCIAL RETAIL DEVELOPER COMPETITION
SUMMARY
The Tustin City Council's selection of a short-list of developers to proceed to the proposal
stage in the development competition for the Tustin Legacy Commercial Retail site is
requested, as recommended by. the Tustin Legacy Technical Evaluation Team.
RECOMMENDATION
It is recommended that the Tustin City Council accept the recommendation of its Technical
Evaluation Team to short-list Donahue Shriber, Home Depot, et. al., Shea Properties and
Vestar Development as qualified to proceed to the Request for Proposal stage in
competition for development of the approximate 40 acre Tustin Legacy Commercial Retail
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 RDA budget.
BACKGROUND
Agency staff earlier this year initiated the Request for Qualifications (RFQ) process for the
third of the three initial development sites planned for disposition at Tustin Legacy. Agency
staff initiated the process in anticipation of acquiring the approximately 1,200 acres of
the former MCAS-Tustin from the Navy some time this year. This third site offered to
the development community was an approximate 40 + acre Commercial Retail site in
the southeast portion of the Tustin Legacy property. The site is generally bordered by
Barranca Parkway on the south, the 16.7 acre U.S. Army Reserve site on the west,
Valencia Loop South on the north, and Jamboree Road on the east. The majority of
retail uses proposed for Tustin Legacy are proposed to be located on the subject site.
The MCAS Tustin Reuse Plan anticipates a high quality, master-planned regional retail
development on the site.
City Council Report
Tustin Legacy Developer Short List
October 16, 2000
Page 2
Notification was mailed in late November 1999 to an extensive interest list of
development entities regarding the RFQ process for the site. Press releases also were
sent just ahead of the release of the RFQ package in March of this year. Approximately
80 RFQs were requested on this opportunity and 10 responses to the RFQ were received
by the submittal deadline.
The 10 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 Attomey's office, and two representatives of the City Council
(Mayor Pro Tem Tracy Worley and Councilmember Tom Saltarelli).
The first step in the review was a rating of each developer based upon its 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.
·
RDA staff and City Council members' of the TET then reviewed' the consolidated
evaluations, discussed the conclusions and ratings they represented, and defined the
short-list of four top developer candidates that would be recommended to the full City
Council. The four respondents that the TET recommends be short-listed (in no order of
ranking) to proceed to the Request for Proposal stage are as follows:
· Donahue Shriber
· Home Depot, et. al.
· Shea Properties
· Vestar Development
These developers were selected as most qualified based upon a combination of their
finahcial and project management capability, demonstrated experience in quality master-
planned commercial-business 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.
City Council Report
Tustin Legacy Developer Short List
October 16, 2000
Page 3
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 (RFP). 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 Commercial
Retail. site.
Agency staff will be available at the October 16th meeting to respond to any questions from
the City COuncil on the RFQ process.
Christine A. SI~~
Assistant City Manager
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