RECOMMENDATION(S):
APPROVE and AUTHORIZE the Conservation and Development Director, or designee, to execute an Exclusive Negotiating Agreement with Pacific West Communities for the development of 325 multiple family residences and 40,000 sq. ft. of commercial for the Orbisonia Heights site in the Bay Point area.
FISCAL IMPACT:
No impact to the General Fund. Staff project costs are covered by the Housing Successor budget.
BACKGROUND:
The County, in its capacity as Housing Successor to the Contra Costa County Redevelopment Agency, is the owner of approximately 7.767 acres of vacant real property located south east of Bailey Road and State Route 4 in the Bay Point area. The site is within the Pittsburg/Bay Point BART Station Area and is planned for high density transit-oriented development. The site was assembled by the former Redevelopment Agency and is a housing asset, now owned by the County (as Housing Successor).
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