Lot 10 sale will create ‘front door for Downtown’

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The Salisbury City Council has declared Lot 10 Downtown as surplus property, in advance of awarding the bid for the land to Salisbury Development Group LLC.

A modern, urban, residential and commercial development will be built on the 2.8-acre parcel, which is now a parking lot behind the State’s Attorney’s Office, facing Salisbury Boulevard.

“It will be a true mixed-use development with apartments and retail and commercial down low and an area for some professional office space,” Keith Fisher, architect for the project, told the Salisbury Independent this week.

Planned are 250 one-bedroom, two-bedroom and three-bedroom units and a 20,000-square-foot commercial area.

Mayor Jake Day said the cost hasn’t yet been determined. An up-front cash offer of $50,000 was made, he said, “but there are also other facets to it.”

“We are now in a six-month negotiation period where that will get finalized,” he said.

Architectural drawings should begin in late spring or summer next year and construction is expected to start in 2018. It will take about 18 months to complete, Fisher said.

“This is a project we feel fits in with the city’s comprehensive plan for redevelopment. It’s a project that is every bit a signature gateway icon for our Downtown. As much as Marina Landing I fits the same feel, coming from the riverfront on that side, this one is every bit as important coming from Route 13 and that side of things.

“It will create a front door and help us identify the borders for Downtown,” Fisher said.

Salisbury Development Group is also building Marina Landing I.

In June, the city’s procurement division solicited proposals for the property, located between Salisbury Boulevard and Poplar Hill Avenue, and received two, from Salisbury Development Group and Devreco.

Before Salisbury Development Group was chosen, a city evaluation committee scored the companies, according to information provided to the City Council.

Twenty-five percent of the score was based on scope and quality; 25 percent on potential to have a positive impact on the city, including tax revenues, holistic benefit  and harmony with goals for Downtown; 20 percent on financial and legal capability for a proposed development plan; 20 percent on experience in planning financial constructing, marketing and management projects similar in size and scope; and 10 percent on monetary value offered.

Reach Susan Canfora at scanfora@newszap.com.

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