8G Consent 2008 0107 - Laserfiche WebLink

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• The Agency will continue to assist with land assembly of strategic real estate assets as necessary to forward the goals of the community and the Redevelopment Plan, and assist its buyers in completing successful redevelopment projects. Properties include 1595 Washington Avenue and the adjacent City-owned parcel at 268 Parrott Street, where Agency staff is currently working with developers to encourage appropriate development. • The Agency continues to work on the final phase of the Marina Boulevard Auto Ma-I. New Suzuki and Mitsubishi dealerships are scheduled to open in early 2008. • Plans are underway to underground the above-ground utility lines along East 14th Street. Phase One of the project, which runs from 150th Avenue south to the City border, is being led by AT&T and is scheduled to begin construction in summer 2008. Design work is scheduled to begin in 2008 on the City led Phase Two, which will underground the utilities from 150tH Avenue north to Lillian Avenue. • Staff is continuing to work to improve the streetscape and medians along the south area of East 14th Street. Design work was completed for a streetscape and median improvement project which will run along East 14th Street from 136th Avenue to 143~d Avenue and construction is scheduled to begin in spring 2008. • The Agency will participate in funding the completion of the 150th Avenue Triangle Transit Plaza and Landscape Improvement Project. • In fall, 2005, the Albertsons/Deans Food complex was purchased by Kaiser Permanente. In summer, 2007, Kaiser entered into an agreement with ICI to develop approximately 30 of the site's 63 acres into a regional shopping center with approximately 375,000 square feet of retail space. Kaiser intends to develop the remaining acreage into a regional hospital and medical office facility. Throughout 2007-08, Agency staff will work with both Kaiser and ICI to facilitate the private (re)development of the entire site. Estimated build-out of the entire site is five-to-ten years. • Agency staff continues to facilitate the planning process for new or significantly improved, larger I-880 interchanges at Marina Boulevard and Davis Street to ease congestion and stimulate private investment in the project areas by taking better advantage of its strategic regional location. With the passage of Proposition 1 B, the renewal of the half cent sales tax, and the Kaiser/ICI project coming to the forefront at the former Albertson's distribution site directly adjacent to I-880 at Marina, it is anticipated that the Marina Boulevard interchange will receive priority in regards to new