Lease Disposition and Development Agreement Term Sheet Henry J. Kaiser Convention CenterLease Disposition and Development Agreement • June 24th, 2019
Contract Type FiledJune 24th, 2019The Developer will comply with the leasing requirements for the Minimum Target User Office Space regarding leasing to Target User tenants as described in the HJK Community Benefits term sheet attached hereto as Attachment A. The LDDA / Lease (as defined in Section 2) will identify certain uses that will require prior review and approval by City staff in their sole discretion. These uses will include, but not be limited to, fast food and discount store uses. 2. Basement. The building’s basement will house office space for general use and up to 50% of the Minimum Target User Office Space and light industrial uses (if feasible) and/or other uses such as ancillary space for arena office, music studios, makers’ spaces, and storage space for Theatre tenants and/or other Project tenants. If there are office uses in the basement, unless specifically requested by the applicable office tenant(s), the cold shell office spaces and common areas in the basement applicable to such office uses will