Monday, February 16, 2009

Wheeler Plaza Redevelopment

Since the late 1990's, the Wheeler Plaza surface parking lot and adjacent City-owned properties have been periodically considered by the community as a potential development site for a mixed use project that would add residential and retail space, increase parking, and expand upon the vibrancy of the downtown.

Wheeler Plaza is currently owned by the City of San Carlos (“City”) and used as a free parking lot to accommodate downtown patrons. Located behind Foodville and Le Boulanger. The Redevelopment Agency also owns two parcels adjacent to Wheeler Plaza - a retail building on one side (fronting on San Carlos Avenue) with 3 stores and a 6 unit rental housing development on the other side of the parking plaza. These properties are also part of the Wheeler Plaza Redevelopment process.

In October 2008, the City issued Requests for Qualifications for qualified firms or individuals to redevelop the parcels. After careful review and interviews, on Monday, February 9th, the City Council directed staff to begin negotiations with Silverstone communities. Stay tuned…

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