Friday, November 16, 2012

URA re-releases RFP for Heppenstall site in Lawrenceville - Jacksonville Business Journal:

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The URA is re-releasing a request for proposals after its previously chosen developer, Urban Villages working with Botero Development decidedx not to go forward with the project. Urbanh Villages and Botero were selected over oneother S&A Homes, in partnershipp with the Lawrenceville a community nonprofit. The football field-sized parcepl includes the site on whic h the office building for the Heppenstall plant once was located as well as a formertwarehouse property. In a prepared mayor Luke Ravenstahl describedthe property’s redevelopment as an important part of the city’ s larger revisioning of the Allegheny riverfront.
“Wew have begun a planning process to create a visiob for the Allegheny riverfrontg and reconnect our neighborhoods to our natural he said. "The Hatfield Street site is one of the greaf opportunities to see this visionb cometo life.” The URA wants a developee “to purchase, design, develop and operate or resell the The URA’s effort comes as the Regional Industria Development Corporation (RIDC) continues to redevelop the Heppenstall complex Hatfield Street is considered a dividinv line between the neighborhood’s residential community and its industria zone.
As a selling point, the URA noted that the median home price in central Lawrenceville has increased 64 percent in the pastthree years, a growtu rate it claims is second highest in the city to the Southn Side. “We are excited with the real estate appreciation that were seeingh inthe neighborhood,” said Rob Executive Director of the URA, as well as a Lawrenceville resident. “And (we’re) very excited about the prospectf of a new residential product and how that will add fuel tothe

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