File #: 24-0197    Version: 1 Name: Brooklyn Village Redevelopment Update
Type: Agenda Item Status: Agenda Ready
File created: 3/28/2024 In control: Asset/Facility Management
On agenda: 4/9/2024 Final action:
Title: Brooklyn Village Redevelopment Update
Attachments: 1. Final Brooklyn Village - Update 04.09.2024
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title

Brooklyn Village Redevelopment Update

 

Action

ACTION:

Receive as information an update on the Brooklyn Village Master Redevelopment Agreement

 

 

Staff Contact:      Jacqueline McNeil, Real Estate Management Director

 

 

Presentation:      Yes                                              

 

 

BACKGROUND/JUSTIFICATION:

The Brooklyn Village Master Redevelopment Agreement between the County and BK Partners, LLC governs the phased disposition of County-owned property in the Second Ward neighborhood of Uptown Charlotte.  Phase I of the project (the former Walton Plaza site - Brooklyn Village South) was conveyed to BK Partners in July 2023.  Following the conveyance, BK Partners commenced with demolition and horizontal site improvements.  This presentation will provide an overview of BK Partner's Phase I activities to date.

 

 

PROCUREMENT BACKGROUND:

N/A

 

 

POLICY IMPACT:

N/A

 

 

FISCAL IMPACT:

N/A