Sunday, March 4, 2012

URA re-releases RFP for Heppenstall site in Lawrenceville - Tampa Bay Business Journal:

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The URA is re-releasing a request for proposals afteer its previously chosen Urban Villages working with Botero Development decidedr not to go forward withthe project. Urban Village and Botero were selecteds over oneother finalist, S&A Homes, in partnership with the Lawrencevilld Corporation, a community nonprofit. The football field-sizedr parcel includes the site on which the office building for the Heppenstallk plant once was located as well as a formerfwarehouse property. In a prepared mayor Luke Ravenstahl describedthe property’s redevelopment as an importanyt part of the city’ws larger revisioning of the Allegheny riverfront.
“We have begu n a planning process to create a vision for the Allegheny riverfront and reconnecrt our neighborhoods to ournatural amenities,” he "The Hatfield Street site is one of the great opportunities to see this visiob come to life.” The URA wantsw a developer “to purchase, design, develop and operat e or resell the site.” The URA’s effort comee as the Regional Industriao Development Corporation (RIDC) continues to redevelop the Heppenstall complexd itself. Hatfield Street is considered a dividing line betweenthe neighborhood’s residential community and its industria l zone.
As a selling point, the URA notes that the median home price in central Lawrenceviller has increased 64 percent in the past three a growth rate it claims is second highest in the city to theSouthb Side. “We are excited with the real estate appreciatiob that were seeing in the saidRob Stephany, Executive Director of the URA, as well as a Lawrenceviller resident. “And (we’re) very excited about the prospec of a new residential product and how that will add fuel tothe

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