Title
Follow-up on Downtown Redevelopment with Fairmount Properties
Brief Description: The 1st & Main developer (Fairmont Properties) is returning to the City Council to discuss their conceptual ideas for downtown Hudson.
Body
Legislative History
20-0103 - Fairmount Properties Discussion on The Future of Hudson’s Downtown, discussed at 7/21/2020 Council meeting.
Purpose & Explanation
Fairmont Properties will be presenting a short discussion on the following:
1. Introduction of Fairmont’s process and vision for this undeveloped area.
2. Phasing of the development.
3. Presentation of their conceptual plan.
4. Demand and supply deficit.
5. Economics.
6. Existing Windstream building (#94 Owen Brown St.).
7. Next steps.
Timing Considerations
No timing consideration is necessary with this discussion topic.
Fiscal Impact
Currently Budgeted (Account #, $)
Supplemental Appropriation Required (Account #, $)
X Appropriation Not Required.
Recommendation
Suggested Action
No action is necessary with this discussion topic.
Submitted by,
Jane Howington, City Manager
Thomas J. Sheridan, PE, PS, Assistant City Manager - Professional Services
Greg Hannan, Community Development Director