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6/7/2018

1 S. 24th St. Land Disposition RFP

Downtown, Aviation, Economy and


Innovation Subcommittee
June 6, 2018

Background

• 1 S. 24th Street
• ~1.5 acres
• ~5,500 SF Building

• Originally a branch of the First


National Bank of Arizona

• Built in 1966

• Eligible for historic designation

2 Business Plan
Confidential Internal Working Draft, March 2016

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Proposed RFP Scope


Desired Project
• Purchase offers for the site

• Proposers required to agree to:

1. 30-year Conservation Easement


2. Pursue Phoenix Historic Property
designation
• Consistent with Reinvent Phoenix –
Gateway TOD Policy Plan
• Subject to FAA Approval

3 Business Plan
Confidential Internal Working Draft, March 2016

Proposed RFP Scope

Minimum Qualifications

• Adaptive reuse of the building that


incorporates the parasols and
former drive-thru structure

• Minimum purchase price - $470,000

4 Business Plan
Confidential Internal Working Draft, March 2016

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Proposed Evaluation Criteria

Maximum
Evaluation Criteria
Points

1. Concept to Activate the Site 0-375 points

2. Return/Benefit to the City 0-325 points

3. Proposer’s Qualifications and Experience 0-300 points

Total 1,000 points

5 Business Plan
Confidential Internal Working Draft, March 2016

Proposed Schedule

May 2018 United business Coalition


May 14, 2018 Central City Village Planning Committee
May 17, 2018 Phoenix Aviation Advisory Board
May 21, 2018 Historic Preservation Commission
June 6, 2018 Downtown, Aviation, Economy & Innovation Subcommittee
June 20, 2018 Formal City Council
July/August 2018 Issue RFP

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Confidential Internal Working Draft, March 2016

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Recommendation

Request the Downtown, Aviation, Economy and


Innovation Subcommittee recommend City
Council authorize the issuance of a Request
for Proposals for the First National Bank
Building located at 1 S. 24th Street

7 Business Plan
Confidential Internal Working Draft, March 2016

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