This is in the CEO Report to the WT Board on December 15.
Great Gulf Homes (“GGH”) and their architect, Moshe Safdie, will be presenting their concept design for Parkside to the East Bayfront Stakeholders Committee on December 7, 2010 and the Design Review Panel on December 8, 2010. Feedback from those meetings will be reported verbally to the Board at its meeting on December 15, 2010.
Negotiations continue with Hines to finalize the various legal agreements that are required as part of the proposed transaction. An in-camera report to the Board for the December 15th meeting has been prepared to address what are anticipated to be the final minor changes necessary to complete the transaction. Assuming Board support, Management will then work with Hines and the City to finalize those agreements for which the City is a party. It is expected that that process will be completed sometime in the spring. Notwithstanding, Management and Hines have already begun the process of revising the concept plan and preparing the necessary materials for formal subdivision submission to the City.