Redevelopment Plans. Redevelopment plans for the Brownfields Property include high density multi-family residential, retail, office, hotel, warehousing, recreation, brewery, open space, and parking uses following site demolition and regrading activities.
Redevelopment Plans. In late 2012, the City of Indianapolis and the WCDC began evaluating the Site for purposes of redevelopment. As part of this redevelopment evaluation, it was determined that additional investigation was needed throughout the Site to determine the long-term effectiveness of the prior remedial efforts and to assess existing subsurface conditions at the Site. The WCDC currently owns the Site and intends to remediate and redevelop it for commercial purposes to revitalize it and the surrounding area.
Redevelopment Plans. The City has undertaken a program for the redevelopment of blighted and substandard areas in the City of Lincoln, Nebraska, and as part of that program the City has prepared and approved the Lincoln Center Redevelopment Plan and South of Downtown Redevelopment Plan, both as amended (“Redevelopment Plans”), pursuant to the Community Development Law of the State of Nebraska, Chapter 18, Article 21, Sections 18-2101-18-2144, as supplemented by and including Sections 18-2147 to 18-2153, Reissue Revised Statutes of Nebraska, 1943, as amended as may be amended from time to time (“Community Redevelopment Law”).
Redevelopment Plans. The Company agrees to redevelop the property in substantial accordance with plans and specifications furnished in its public proposal (Exhibit "B") as may be allowed by law. The redevelopment of the docking facilities is anticipated by the Company. If by law dredging and/or land fill is not permitted, this will not substantially alter the remaining overall project, and a boardwalk would still border the bay-front. The developmental plans of the Company must complement the overall design and planning of the Coconut Grove Dinner Key area. Any waiver by the City of the execution of any part of the proposed plans shall not be construed to be a waiver of any other part of such plan. The Company agrees that no structure of any kind now existing on the premises shall be altered or any new structure erected upon the Property unless the plans therefor shall have been approved by the City Manager, which approval shall not be unreasonably withheld or delayed. Construction shall commence within eighteen (18) months of the date of execution of said Agreement and shall be completed within five (5) years from this date unless permit delays or other delays are caused by the City, and in such case, this eighteen (18) month and/or five (5) year period shall be extended by the same time period (the "Delay Period").
Redevelopment Plans. The Delaware County Redevelopment Commission currently owns the Site and intends to redevelop it for commercial/industrial use at this time.
Redevelopment Plans. The Subject Property shall be developed in accordance with the plans submitted for the Master Plan PUD, Final PUD Plan, and Conditional Use Permit as reviewed and approved by the City on July 22, 2024 (collectively, the “Plans”). The Plans shall not be attached to this Agreement. The Plans may be prepared, subject to City approval, after entering the Agreement, but before commencement of any work in the PUD or on the Subject Property. If the Plans vary from the written terms of this Agreement, the approved plans shall control.
Redevelopment Plans. The property will be redeveloped for use as a corporate office and warehouse for an HVAC company. Land uses may include industrial, office, retail, parking, warehousing, and commercial. The property will not be used for residential purposes.
Redevelopment Plans. Within forty-five (45) days following the Effective Date Seller, at its expense, shall submit to Purchaser detailed architectural and engineering construction drawings and specifications for the redevelopment of the Land and Improvements consistent with and conforming to the Redevelopment Criteria (such drawings and specifications are herein collectively referred to as the “Redevelopment Plans”). At each phase of the preparation of the Redevelopment Plans, Seller shall cause its architect and/or engineer to consult with Purchaser and its consulting engineer in an effort to ensure that the scope of the Redevelopment Plans conform to the Redevelopment Criteria. Within ten (10) days after receipt by Purchaser of the Redevelopment Plans, Purchaser (i) shall give its written approval thereto or (ii) if Purchaser reasonably believes that the work shown on Redevelopment Plans does not comply with the Redevelopment Criteria, shall request in writing revisions or modifications to the Redevelopment Plans. Seller shall submit such revisions or modifications to Purchaser within ten (10) days after receipt of Purchaser’s notice. Within ten (10) days following receipt by Purchaser of such revisions or modifications, Purchaser shall give its written approval thereto or shall request other revisions or modifications therein (but relating only to the extent Seller has failed to comply with Purchaser’s earlier requests). The preceding two sentences shall be implemented repeatedly until Purchaser gives its written approval to the Redevelopment Plans. If Purchaser shall fail to respond to the Redevelopment Plans with its approval or request for revisions/modifications within the time period(s) provided above, such failure shall be deemed Purchaser’s approval of the Redevelopment Plans. The Redevelopment Plans as approved (or deemed approved) by Purchaser shall herein be referred to as the “Final Redevelopment Plans”. Seller shall be responsible for all elements of the design of the Redevelopment Plans (including, without limitation, compliance with laws, functionality of all building, electrical, and mechanical systems, and the structural integrity of the design), and Purchaser’s approval of the Redevelopment Plans shall in no event relieve Seller of the responsibility for such design. For purposes of this Agreement, the “Redevelopment Work” shall mean all the work, equipment and improvements which are necessary or required to complete the redevelopment of the Land and Improv...
