Recommendation to adopt Specifications No. RFP CM15-162 for the purchase and development opportunity at 3rd Street and Pacific Avenue, Assessor Parcel Numbers 7280-016-900, 901, 902, 903, 904 and 905 (Subject Property); Declare the City-owned Subject Property as surplus; Authorize City Manager, or designee, to execute any and all necessary documents, including a Purchase and Sale Agreement with Ensemble Investments, LLC, an Arizona limited liability company, for the sale of the Subject Property in the amount of $6,000,000; and Accept Categorical Exemption CE 16-127. (District 1)
So item 20 is the property in District one. So we're going to item 20, then the two hearings as soon as we finish this presentation. Just a heads up. Okay. So, Madam Clerk, item 20. Sorry. I was enjoying the whoppers. A report from Economic and Property Development and Development Services. Recommendation to adopt specifications for the purchase and development opportunity at Third Street and Pacific Avenue. Declare the city owned property as surplus and authorize the city manager to execute all necessary documents with ensemble investments for the sale of the property in the amount of $6 million. District one. Thank you. Staff report first and then I'll turn over to Councilwoman. Staff Report Mr. WEST. Mr. Mayor, council members, as you know, we've been rapidly disposing of our successor agency, former redevelopment agency parcels over the last month or so. We have several more to go tonight. We're doing the one at third and Pacific. And I'm going to turn this over to Director Mike Conaway. Mayor Garcia and members of the city council. The property located at the northeast corner of Third and Pacific is a vacant lot containing 52,500 square feet of land and is being temporarily used as a surface parking lot for the city's code enforcement division and for monthly parking for the public. The property is former redevelopment agency property and is categorized as future development in the long range property management plan, which properties are disposed through a request for proposal process? An RFP was issued and five responses were received, which are proposed developments including hotel, residential, restaurant, retail and Creative Loft Live workspace. All proposals were of extremely high caliber and offered a variety of excellent development alternatives. The review panel, consisting of representatives from the Departments of Development, Services and Economic and Property Development and an outside real estate economic firm, Kaiser Master and reviewed the proposals and interviewed key proposers. The panel unanimously selected the proposal submitted by Ensemble Real Estate Investments to be recommended to City Council for the purchase and development of the property. Ensemble's proposal includes an 18 story high rise development and a seven storey mid-rise development, providing 325 residential units and 27,800 square feet of retail and amenity space. The proposed purchase price is not the highest priced offered, but the total development cost is substantially higher than any other proposal. Over 1500 temporary and permanent jobs are estimated to be generated as a result of the project. It is important to understand that the recommended action in front of City Council this evening is to select a proposed purchaser and developer of the site not to approve the proposed development. Nonetheless, it is anticipated the project eventually heard by the Planning Commission and possibly by City Council, may have a high rise element in the high rise element of the proposal has created concern from residents of nearby historic buildings such as Kress Lofts, the Walker Building and the Dolly Barton Hotel staff has reached out to these specific parties ahead of the traditional entitlement outreach efforts to hear their concerns and concerns were raised regarding shade and shadow traffic and parking and noise and dust. Staff and ensemble have committed to a vigorous entitlement process that will include enhanced outreach, where all neighboring concerns will be heard and to the extent feasible, mitigated. A purchase and sale agreement. Is in near-final form, which includes certain entitlements and development performance milestones which are detailed in the staff report. Is anticipated that entitlement require 12 months and project construction will take an additional 22 months to complete. However, staff requests some flexibility in these timelines for unanticipated delays and with that staff request that City Council adopt specifications number RFP CRM 15 Dash 162 for the purchase and development of property located at Third Street and Pacific Avenue. Declare the property surplus. Authorize the city manager. Execute all documents necessary for sale of the property in the amount of $6 million and accept categorical exemption. S.E. 16 Dash 127 And this concludes my report. Thank you, Councilwoman Gonzales. Yes, thank you, Mike, for the report. I just want to say that, you know, I have the residents here from the Walker building, as well as Cress, I believe some other residents as well from downtown. And so I have a few questions to ask, Mike, because I know at first there was some confusion that this was in the second district. And then now, of course, it's we all know it's in the first district. So what? So I had been getting some questions around the historic buildings, First Congregational Church specifically. It is another block away, but there and other residents as well had questions related to mitigation. So for construction and dust and noise, I know some of this may be addressed in the downtown plan, but can you go a little bit further with answering those questions? I'd be happy to. The agenda item before council this evening is selection of the developer and purchaser of the property. This starts essentially the entitlement process. There's been no application submitted to the city at this time. Once an application is submitted and we understand the scope of the project, outreach to the adjoining property owners and other stakeholders surrounding the property will commence and ensemble will be part of that outreach effort and they will hear and respond to the issues raised by the community members. And I guess we'll pull back a bit because you do bring up a really good point, is that this is obviously the point of this is this just the sale of the of the land? And so no design, although the design we've seen is just in concept, pure concept. That's correct. Nothing is set in stone, although it looks, you know, pretty, you know, drastic for the downtown area. It is just a concept at this point. And I've met with ensemble, I've met with a few others just to talk about what the ideas are a revolving around. But would you say we would include community input? I mean, we've done that already with the two meetings we've had with both Kress and Walker. And I understand the developer is also interested in having meetings with community members once that process begins. Is that correct? That's correct. And actually, at our meeting with some of the stakeholders, so we committed to a pretty intense outreach program. And so we expect a number of meetings with both representatives of the Walker building, the Kress Lofts and other historic buildings in the downtown area. Okay, great. And let's see if I have any other questions. I know parking has also been an issue. It's always going to be an issue in downtown. There is certainly quite a number of spaces of parking. We've done downtown parking studies, but what is the situation? Should we have an 18 storey high rise? What is the parking plan? The parking plan, as currently proposed in their submittal, is both subterranean and subterranean and to a certain element. Podium parking and parking as a requirement under the downtown plan is proposed to be included in the development proposal and any parking shortfalls will be addressed through the entitlement process. Okay, thank you. And then I know density as well is it was brought up as a concern depending on who you talk to. You know, that's a good thing or a bad thing. But density, what is our perspective on density? I know that that is some of the metrics that were was included in our criteria for choosing a developer. So what what would you say the density will? Do for our city. I mean, in terms of retail and and other items. The density as proposed is 270 density units per acre. That is pretty dense. But the downtown plan, I think, supports this type of density. We are looking to create a sufficient critical mass of residents in the downtown in order to support a variety of our retail uses. So I think retail in combination with residential development is a good mixture for downtown. And I think the downtown plan anticipated this level of development and density and identified mitigation measures to address that density. Okay. Great. And I think those are all of the questions I know I have. As I mentioned, some residents here that I know will speak as well. But I'll just overall say that, you know, I am supporting this item again because it is a sale. It is a sale for this for this land. That's, you know, been for a long time just fleet services for the corner. And so as we've often talked about increasing density or adding more people to ensure that our economy gets better, but also to be able to make a stake for better retail. And I remember six or seven years ago when we were talking about the refresh project for Pine Avenue, a lot of us were talking about getting a Trader Joe's and a Target and even local retailers, and we can't do that unless we have the density in downtown. Now, how that will look like, we don't know yet because it's just a concept at this point. But I assure you, I have full faith in our city staff. I have full faith in the developers that I've met with, that this will be a really good project for downtown. I don't think that this will be a project that will go sideways. They've talked about local retail, including not just the big box, but just the local Long Beach way of retail open and public space mixed with private space, rooftop gardens. I mean, those are the things that we dream of in such a big corner like this. And I don't think we can get that unless we have some sort of density or some sort of project of this large scale magnitude. And so I think city staff are being open to meeting with the Kress Lofts as well as the Walker Building. I know they've met with the Dolly Varden as well, who's been in support and some other residents and we're open. So this again, is not anything that is set in stone. So if there are additional questions, concerns, I ask any resident whether downtown or not to write my office, to contact my office, because we're certainly available and willing to listen. So with that, I will end and I hope to get the support of my colleagues as well. Thank you very much. Councilmember Christen, you had your second. Councilor Richardson the Joe anything has a second or. No, no. Okay. I have Vice Mayor Lowenthal. And then if there's no other comment from council, we will go to the public. Thank you, Mr. Mayor. And I wanted to thank Councilwoman Gonzalez for her leadership on this particular project and the staff for. Hanging in there and waiting for the right development, I think I don't know how many years ago it was, but Thieves Market was a spot that we had. See, I remember the names of these places. So there was a place called Thieves Market Third and Pine, and we invited a team from Portland, a pretty amazing development team from Portland to look at it. And they were very honest with us. They indicated that there is no way that they could have a building taller than three or five stories that would be supported by the area at the time. And and by honest, it's something that we all knew, which is we didn't have the density. We didn't have necessarily the right mix for the downtown to support that kind of development at the time. And that was nearly ten years ago. And so this is what we were hoping to have at Thieves Market ten years ago, knowing that we would be a downtown one day that would be rich in that kind of urbanist texture that we need. And for those of us who had lived in the downtown since, whether it's the eighties or the nineties, we wanted all the things that all great downtowns had and understood that we also had to fulfill a municipal promise in order to have those things. And one such promise is density and quality development. And I see that this project can have that potential. It's 18 stories, I believe, including the podium style parking. Mr. CONWAY Is that correct? That's what the downtown plan calls for. I lived in the cross lofts for seven years and know what concerns might exist for other residents that might be very close to this property. But we also have to understand that we don't have air rights, even though we may have been the only tall building in town for decades. Over time, the success of downtown means that we fill in those spaces. And so I'm very encouraged by this. When we open the tort lot or broke ground for the tot lot at the promenade, as well as some other developments throughout the Second District. A couple of Saturdays ago, one of the statements that the mayor and I both made is that we have filled in all of these different urban promises that we've made to our city and residents for the better part of a decade in order to ready ourselves for developments like this. And so while this could not have happened ten years ago, and Ms.. Burdick and I desperately tried to have something like this happen despite our efforts, we, I think, had to acknowledge that we didn't quite do our part yet. So now the city has done its part. Residents have moved in and followed along with their own investment and promise. And this is just really the next step. And so I'm very happy to see this and delighted and really glad that it's happening on third and Pacific. Thank you. Thank you. Councilwoman Pryce. I just had a couple questions from the staff report. I'll be supporting this project and thank my colleagues who spoke before me for their insight. But I did have a question regarding page three of the staff report where you talk about this not having been the highest price offered for the property, but being the best project in terms of meeting the needs of the city. Could you expand on that a little bit more? What was the highest price for the property? And and what is this price per square foot in comparison to other property sales that we've had in the area? Yes, I'd be happy to provide that information. The ensemble is offering $6 million per square foot I'm sorry, $6 million, which is $117 a square foot. We had a pretty tall building at the highest price offered for the property was $9.8 million or $192 a square foot. However, the total development costs were only 71 million compared to 128 million for ensemble. And so we had to keep in, in our minds the ongoing property tax revenue that will be generated by this property would be significantly higher with that higher development cost of $128 million. Okay. Great. Thank you. Councilman Mongo. I just wanted to applaud the city team and the council for putting us in a position where this kind of investment can take place. And I think that this is a remarkable step in showing the community how we have turned around and been more business friendly and development friendly while still balancing the important constituent needs and quality of life of our residents. And I just think that this is a glowing example of what we all can accomplish when we put all the factors at play and work together to make sure that something can be done. So acclaims to both of you downtown and the work that you've done in the community. This could not have been done, not even four years ago. I'm just so proud to serve with both of you. So thank you. Thank you. We'll take public comment now, please, before we come back and close up. Please come forward. And as you come forward, just please state your name for the record and make your comments. Thank you. Hi. My name is. Ravi Banda Puti. I've been before this council several times to talk about this property. I wanted. To. Leena, I'm glad that we clarified this to remind myself some of. Talking points I have because I have a very different view about this project I wanted to tell you about. Actually, I'm going to show it to everybody first. First of all, I'm one of the bidders. I'm a real estate developer, and I've been up to the hour in a company here called First Hill. Sir, if you can make the. Can you make the comments on the mikes? Sure. Sure. First Hill, LLC. I proposed to put a Trader Joe's or. Specialty retail, a specialty supermarket at that site. I'm going to also put 123 apartment units. All right. This is what I proposed. What I have there also includes ample parking and affordable housing, have 5% affordable housing. Okay, I got to tell you, ensemble's project, contrary to what. Everybody has been saying. We can't recorded if you don't keep talking to the mike. I'm sorry. Contrary to what everybody's been saying, ensemble's. Proposal is an absolute disaster for this city. And this applies not just Lina to your district, but to everybody in downtown. The city of Long Beach depends upon small businesses. Particularly businesses located. In historic properties. That's where the vibrancy of our community comes from. When we build new projects without sufficient parking, what's going to happen is we're going to create a traffic, environmental, social disaster where you have people driving around and we've all seen people do this driving around looking for parking that doesn't exist because the developer didn't build enough parking. This project that ensemble is proposing has less than ratio of 1 to 1 parking. The city requires 1 to 1.2 5 to 1. I'm proposing to build 2 to 1 because I want to make sure that we're building for the future. When I build this project, I want to make sure that as we grow as a community, people will always be able to come to get their groceries with their car. Because, Leanna, you brought up a good point about this project. What we want is we want to attract good retailers. As a developer, I know the way you attract good retailers is by building parking. You have to build parking. Okay. So me and my partner, Alan Kazdin, we've we've he built a Trader Joe's in Westwood that has 2 to 1 parking just like mine. We know how to do it. We've done it before. The people who submitted this ensemble proposal do not have anything in here to accommodate the environmental impact of this project. It's going to be really, really bad for downtown. It's going to kill downtown businesses. It's going to kill small businesses. And it's a really bad idea. And I think that really you want I urge his council to to reconsider this. I mean. You know, send it back to the committee, do whatever but reconsiders. Do not vote for the ensemble proposal. Vote for First Hill, LLC. That's the company. Thank you, sir. Time's up. Thank you. Thank you. Thank you. Next speaker, please. My name's Leela Noble. I live in the Walker building and we appreciated the fact that we were able to meet actually with the developer and also with city staff recently. And what I have done is prepared in writing and I'll have multiple copies, basically a summary of the laundry list of concerns that came out of this meeting . And it's a combination of concern about the process. And we understand that we were very patiently there, was explained to us the process around redevelopment and that this is indeed starting an escrow process. So we get it about what your decision is going to be tonight. We're concerned in not from a NIMBY point of view. We all chose to live in downtown. We like the idea of being in an urban environment and we also get it about density. But dang, this is a lot of density in a corner of a block. And what we are saying is that the concerns that we have are not just during construction, but they are literally concerns about the impact. And a couple of you've talked about the balance between the density and the business development and the residents. Well, we are here and our whole way is concerned about this. And we want to be an active part of this process because as residents, we are the ones that are going to live with this, with the retail, with the quality of jobs or lack of quality of jobs, with the traffic problems. And we want to be a part of the process and we don't mean just being listened to. Our understanding is that there can be specific mitigations and that there can be changes, that this is the concept and that's what's motivating us to participate. We don't want to participate just as window dressing, and we are taking you at your word that in fact, this can be a collaborative process. So I've got our list. I'm going to leave it with the clerk, and I'm sure that our councilwoman will share it with the rest of you. But we are very concerned about the level of density and all of the different impacts that is going to have on us, on our streets, on our kids, on the traffic, on the quality of life. If we're going to make downtown a dynamic place, it has to have quality of life. Thank you. Next speaker, please. I'm Richard Gere, also live in the Walker building. I've been there for ten years. We were really very shocked to learn of this project. We know that we're not going to stop development. We chose to live downtown. We support development. But at this time, we feel that the community is not aware of this project and the council is going to vote on it. And we just think everything is moving too quickly. Just this week, I ran into a local business person who knew nothing about the project. Now he probably supports it at this point, but as of a few days ago he wasn't aware of it. Additionally, many of the hope. Merchants are not here tonight because they called a meeting concerning safety in downtown. So we would we would like an opportunity to get in touch with more downtown residents, more downtown merchants and businesspeople . Also, we have some questions about the complete development process. We understand that in this case there were five proposed developments. We would like to know more about that. We'd like to know what those developments were and have an opportunity to express our opinion about them. Also, what are the criteria that the Development Department is using to eliminate certain projects? I understand the importance of property taxes, but there are other concerns as well. And finally, I think the council members, as our elected officials, should have sufficient information about all those proposals to make solid decisions. This is a good time to review the process before any damage is done to our wonderful and successful city. Thank you for your time. Thank you. Next speaker, please. The new mayor and members of the council. I just want to say for the record that I agree with the previous speaker that I think we need to look at all the other development proposals because I think we're rushing into this one. Um, specifically, I was looking at the RFP provided by ensemble and you. Know, sir. Your name Abraham. Abraham Sandoval. Um, and I was looking at the RFP provided and they specifically state verbatim and I quote, we consider the ample surface parking and street parking within the downtown district potentially sufficient to serve the need. So potentially sufficient meaning they are not going to provide the parking that is necessary for their project. They're looking to other areas in the downtown area to suffice. And I've been driving around the downtown area and there's not enough parking. So where do we expect to get all this parking that doesn't exist? Um, I did have a chance to look at first Hill's proposal, and they're providing way more parking than is necessary for their project. So I think we do need to look at all the other development proposals and look at which one is actually going to benefit the city. You know, just putting what is a 198,000 square feet of housing in one tower and 72,500 square feet of housing in another tower and not providing enough parking. I just think that's ridiculous. And I think we need to look in greater detail about what we really are approving here today. Thank you. Thank you. Next speaker, please. My name is Steve McIsaac and I am a resident in the Walker building and have lived there for the last 11 years. And one of the councilmembers, I think it might have been, Dr. Lowenthal mentioned how they had tried to put it. They did scoped out doing a development in that specific site about ten years ago or so, and that the only project that they could get was maybe like about a. Five. Story building or so. And so they felt, I'm paraphrasing, but it seemed like they were happy that we were finally worthy of getting a project of this scope, that we'd sort of finally arrived enough to get someone to pitch us something substantial. And I guess my perception of Long Beach real estate development over the last 11 years, just watching it as just a citizen, someone who lives here, it sometimes reeks of that kind of desperation that finally someone's looking at us, someone's noticing, and we are worthy of their attention. And I would propose that they're actually lucky to get to pitch to us, not the other way around. This is a vibrant, wonderful community, and we don't have to take the first project that comes along just because it's big. The Long Beach Courthouse is a wonderful example of architecture that fits on its site nicely. It fits into the local environment. It's a beautiful building and we don't need something. Big just because. It's big. There's a lot of ways to achieve density. We can look at density sites throughout the entire downtown over like a 5 to 10 year period. We don't need it all in one shot. And so just. Because it's big. Doesn't mean it's going to achieve the city's. Goals. Particularly when we haven't looked at data collection about how many people actually live downtown versus working. There's a lot of assumptions about how people will deal with the lack of parking, including biking to work. And there was a lot of stuff that was based on suppositions and projections, and they may be very well be true, but we don't necessarily have data to support those suppositions. So before you build 18 stories on the assumption that everybody's going to be in a live workspace and bike to their bike to their job, I'd like to see some data that would support that. That's all. Thank you. Thank you, sir. As our final speaker, I want to close the speakers list. No. Larry. Good. Okay. So these are just real quick because your last two speakers. Okay. Speaker Sir, you're the last. Speaker Go ahead, Larry. I don't live in downtown Long Beach. Obviously, I've come down here now and then. And one of the things I've learned is, particularly in the last eight or nine years, wondered, is how these people or where these people shop, period. There's right now there's really only one grocery store and that's bonds. And that's, I think, will soon be gone. So forth. RDA really. Daffy accounting. I don't think any single project should get your approval unless and until unless and until the city auditor puts her seal of approval on it. Period. And I've held that position. Since we gave away. And I'll always. Remember it because it was handed out in the event for a dollar. The Boardwalk, the old Broadway Hotel. A 62nd walk from Ocean Boulevard for $1. It's always easy to remember that because that happened at the same time that the ladies of Cartagena were holding on, holding their firm on their price at the Secret Service, didn't want to pay. When Obama was down in making a trip in Latin America. Then, of course, we had the two pieces of property that Tom Dean sold. 1/1 was a orphaned piece of property that nobody, nobody wanted. And before the ink was dry, the new owner made $1,000,000 on it. And then a few weeks later, they found a a orphan. A cousin of that orphan must have been but ugly because he only got something like $0.09 an acre profit. So if you have enough confidence in your attorney, turn it over to your professional city auditor and let her put a seal of approval on that. That way, it's not going to come back and bite you and make you look like fools. That's what the auditor is for. And if you're confident enough in your judgment, you should have no problem marching that up to her and ask her to approve it. If you don't. It does not speak well for your character. Thank you. Thank you. Next speaker, please. Hi, I'm Tyson Sales. I'm the principal for. Multifamily development for. Ensemble and we. Hope to be selected for third and Pacific and we're thankful for the opportunity. To make a proposal. First of all, I'd like to thank the. Members of the community for. Sharing their concerns and their passion for downtown Long Beach. Ensemble's been in down in Long Beach, specifically downtown Long Beach. For 30 years. And I work at Magnolia and Ocean and we care about Long Beach as well. And if we are selected, we look forward to work with the community, the council member and staff to shape a project that activates an important corner in a meaningful way, that meets community concerns and benefits downtown Long Beach. And we hope to be a part of this process. Thank you. Okay. The speaker's list, as announced, is now close. Councilman Gonzalez? Yes. Just having a few more questions. I want to thank everybody for coming and speaking tonight. Really do appreciate it for as far as the timeline. So we if we were to support this today, this moves forward. What are we looking at in terms of a timeline? We expect there to be about a 90 day due diligence period and about an 18 month entitlement period. So about a year of ah, I'm sorry, nearly two years of entitlement and outreach. Okay. And what is the criteria that we're you know, you touched on it a bit, but what when we're looking to choose ensemble for this location, what specifically were you looking at to make that selection? We were looking at compliance with the Downtown Plan, Innovative architecture. We are particularly interested in density and the downtown plan and of course the price per square foot and the total investment value as well. Okay. And what other developments, obviously, civic center that those developments are happening? What other large developments with density that are? I mean, we just approved some a couple of weeks ago. Can you talk about what is around us? Because it's not just this location, correct? If I'm understanding you correctly, are you asking for other redevelopment agency projects in the downtown? Yes. So we have third and Pacific. Mike, I think I think she also asked about other projects that have density that are being developed in the downtown currently. What are other that are in the pipeline? So Broadway and Promenade has a density of 127 density units per acre. Broadway and Long Beach Boulevard 161 density units per acre. Ocean and Pine up to 427 hotel rooms. And I think that's. That's all of the downtown projects that I have currently. Okay. And again, I know that the concept, the design isn't set, but I know we've we've talked to residents about maybe. You know, juxtaposing the the design to make the larger portion on the other side. And there's been some I, you know, talk on on some other items. Does it have to will it will have to be a max of 18 stories. Is that what was discussed or are we looking at possibly less? A few responses to that. Question one. No, it doesn't have to be 18 stories, and we will work to address mitigation measures that might result in a building less than 18 stories. I'd like to point out that ensemble has really put in some significant time in analyzing the site and how best to develop the property in context of the surrounding historic buildings. And in that regard, they have rotated the taller building in a way to give the narrowest visual impact on the Walker building, and that is intended hopefully to reduce shade and shadow relative to the impacts to the to the historic structures. But again, community input will also, I think, help inform and direct the ultimate development scenario that's being proposed to the property through the traditional sequel process. Great. And I again, I do hope that we continue discussions about mitigation as if this process should go through, go forward, and as we get closer to that 18 month and construction, etc.. Another quick question. If you know off the top of your head how many parking spaces we have in the downtown kind of area? I know we have quite a few spaces in the city place lot that are available, but what other spaces do we have? Do we have a number to identify the spaces? I don't have a number off the top of my head. I know City Place Garage is typically 50% full at any particular time. I think there's 1500 or 1800 spaces in those three parking structures. And there's other redevelopment, former redevelopment agency controlled parking spaces nearby as well in the 100 Broadway space. Can we building. So I'll request that we have a to if we can get a two from Ford that just basically identifies the parking spaces. I know we've done the parking study and there's a lot of talk about parking. I believe that there is parking available. We just have to pay for it oftentimes. And I know that's a tough pill to swallow sometimes, but I live right off Pine Avenue and I know how wholeheartedly, how hard it is to find parking sometimes. But I think that if we had a good measure of how many spaces were in that adjacent area, it would be helpful for residents to identify where those spaces are, you know, going forward with development. Just to confirm, you're looking for public spaces available for the public to park. Yes. Or even private spaces that we've, you know, connected with private owners to be able to offer for our residents. If we can provide that, that would be great. So again, I think the residents for being here, I know that there's a lot of concerns, but I do stress and I promise you that we will be speaking with you quite frequently on the mitigation parking, any concerns you may have? I know that this looked like a very drastic and striking project, and it is. But these are the types of projects we're looking to, you know, really kind of reinvigorate the great investment. So it's not necessarily that this is happening tomorrow, but a lot of investment I know will come from many of these properties and these developments similar to this. However, mitigation, parking, construction issues will be discussed, I assure you that. So we'll leave it at that. Again, support this item and I think everybody for being here. Thank you. Before we go to a vote, I just want to say a couple couple comments first. I want to just want to just echo what Councilwoman Gonzales and the vice mayor said. I think what's going to what's going to be going to happen over the course of the next few years is downtown is going to be presented with a variety of projects because of the economy. And so you're seeing, I think, a lot of a lot of projects that are much more dense than we than we've had in the past. I know you mentioned three or four, Mike, but I can think of another three or four, 18 story, 16 story, 30 story that are either in the pipeline or being planned. And so as we as these projects move forward, I think there's there's clearly some concern from some of the residents that I used to represent as well over at the at the crest and the walker. And so I'm happy to hear there'll be a you know, the community process will be thorough and that folks will have a chance to weigh in. But as a downtown, we're going to be having this conversation over and over again in the in the years ahead, because there's going to be an influx of projects that are happening not just at this site, but across the downtown. The one thing I wanted to to add for those who had concern about about what the process is, just to reiterate, the process that we went through for this is actually mandated by the state. And so the state we have to follow a very, very careful list, just a checklist, an order of what we have to do through the governor's office for us to get rid of these properties. And so that's what we're going through right now. Once the this isn't a typical process where the city brings in the developer and then we're working on developing a project together, which is what almost always happens in projects. This is us having to sell the project per the governor's mandate, and then at that point it's in the hands of the developer, and then we begin to work on developing a project together. So it's a little different. I know it's not how it typically is, but that's also what happened when all these properties went went on sale. And so regardless, I think we all want to end up with a home run project on the site that makes it downtown an even better place to live, and that provides even more amenities for all of us, all of us, including those of us that are downtown residents, more more exciting things to do in a good place to live. And so with that, there's a there's a motion and a second on the floor. Please cast your votes. Don't. Motion carries. Okay. Motion carries. Okay, sir. Thank you. Shocking. We didn't work with him. Okay. I don't even know what's next. That was Mr. Mayor. Mr. Mayor, don't we site for littering? I mean, on his way out, he just littered. So this too? Yes. To make sure. Okay. Hearing one. Hearing one.