Memorandum

City of Lawrence

City Manager’s Office

TO:	David L. Corliss, City Manager
CC:	Diane Stoddard, Assistant City Manger Casey Toomay, Assistant City Manger Brandon McGuire, Assistant to the City Manager
FROM:	Britt Crum-Cano, Economic Development Coordinator
DATE:	August 26, 2014
RE:	Neighborhood Revitalization Area for 900 Delaware Street (9 Del Lofts)

Please place the following item on the agenda for the August 26, 2014 City Commission meeting:

Receive request from 9 Del Lofts LLC (Flint Hills Holdings),  to establish a Neighborhood Revitalization Area for the property located at 900 Delaware Street, refer the item to the Public Incentive Review Committee and set September 23, 2014 as the date for a public hearing on the proposed NRA and Revitalization Plan.

Introduction

The City is in receipt of a request letter and application from Tony Krisnich of 9 Del Lofts LLC (Flint Hills Holdings), to establish a 15-year, 95% Neighborhood Revitalization Area (NRA) for the property at 900 Delaware Street.

Tony Krisnich (project Developer) is proposing the development of vacant land, located at 900 Delaware Street into a mixed-income, multi-family housing complex (see attached renderings).  Located on the southeast corner of 9^th Street and Delaware Street, adjacent to the East Lawrence Historic Warehouse, in Lawrence, Kansas, the project calls for approximately 43 apartment units: 18, one-bedroom units (five at market rate); 16, two-bedroom units (three at market rate); and four, three-bedroom units (one at market rate).

Requested Action

Receive request from Tony Krisnich, 9 Del Lofts, LLC to establish a 15-year, 95% Neighborhood Revitalization Area for the property located at 900 Delaware Street, refer the item to the Public Incentive Review Committee and set September 23, 2014 as the date for a public hearing on the proposed NRA and Revitalization Plan.