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ECUMEN <br />1) Do you have any thoughts on the potential project scope, particularly the number of <br />units? Is It possible to prepare a -bum wad" sketch of how the buildings might layout? <br />Project scope will be determined by a current market analysis. We do not have a <br />recent market study for this location/community. The market study will dearly <br />determine Me product mix, services, and rerrts based on age and income qualified <br />older adults likely to move into a senior housing community. Securing a market study <br />is our recommendation for determining scope and feasibility. From there, it would be <br />very easy to create a schematic design for building layout and scale <br />2) To take advantage of flexibility of TIF legislation, the City would like to see a <br />development break ground by July 1, 2011. Could you meet this schedule? If the <br />answer is yea or no, please Outline a schedule of steps involving financial design and <br />planning applications and approvals. <br />It is possible to meet Me schedule; however, it is critical that the City order a Market <br />Study as soon as possible in order stay on track <br />5/12010Order Market Feasibili SWd _ '- <br />9/132o10 Markel Feasibili Stu Com feted <br />9/13201D Enter into n Predeveb men[ reemsat with Ecumen <br />9/20.2010-11/2212010 Predevelo mart- Determine Pro'ect Feaslbil' <br />12/12010-7/12010 I Development <br />7/12010 I Grounduremang <br />3) The City would like to gulde development and focus this abort On Blocks G and H, <br />which are located on the west side of Old Highway 8 (see attached map). Are these <br />blocks desirable W you or Would you consider the east side? Block F has been clean- <br />up W a residential standard, however building venting systems would be required as <br />Part Oft approved RAP. The Chy's environmental consultant (Barr Engtrcedng) has <br />Me RAP Implementation Reports available, If you're curious about the leen-up. <br />All three sites are desirable sites for developing senior housing. A completed market <br />study determining the total number of units for the planned development will help the <br />TEAM decide which site is most appropriate. <br />n ,.a'o empower nanoi <br />