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Old 12-29-2016, 09:13 PM
 
6,466 posts, read 5,520,387 times
Reputation: 1928

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I'm curious to see what this development entails...
Quote:
But officials with the city and with the group that developed “Project Artesia,” which would use utility savings as seed money to spark development that would, at least partially, focus on the aging Albany Civic Center, said Thursday that the vetting process for the proposal is moving meticulously — even cautiously — forward.

“Albany Development Partners continues to engage the city in a positive way concerning our development proposal,” Rufus Montgomery, the city of Albany’s state lobbyist who is one of the collective’s principles, said. “However, the partners have agreed to defer to the city of Albany at this point on matters related to our proposal.”

City Manager Sharon Subadan, who is taking the lead on the development proposal, was unavailable Thursday, but she did talk with Assistant City Manager Phil Roberson about the concept.

“The city of Albany and Albany Development Partners continue to work out the details of the master development agreement for the project,” Roberson said. “I feel confident that the city manager will bring a draft of that agreement to the City Commission in either January or February.

“We are in a vetting period with this proposal, discussing the terms and carefully going over the details to assure that a final agreement satisfies both sides. We’re definitely still moving forward on this proposal.”

Many speculate that recent action on another pair of high-profile downtown projects — groundbreaking for Dr. Tripp Morgan’s craft brewery and approval of the sale of the former Albany Heights building to local developer Pace Burt — has pushed Project Artesia to the backburner. Both Montgomery and Roberson, however, insist there is no less interest in the project from either party.

Albany Development Partners comprises representatives of some of the world’s premier national and international development companies — Engie, PlanLED, Chasm Architecture, Stantec Masterplanning, Field Equity, Conor Acquisitions, Project Cost Solutions, SL King and Associates, RS Development and Alston and Bird — companies that were instrumental in such high-profile development projects as Hartsfield-Jackson Atlanta Airport, Boston’s Logan International Airport, lighting at the Olympic Games, and both Yankee Stadium and Safeco Field.

The partners, at Montgomery’s urging, used roughly $200,000 of their own money to look into development possibilities in Albany. They obviously liked what they saw.
Albany redevelopment proposal moves forward quietly | Local News | albanyherald.com
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