HomeMy WebLinkAbout1993-02-10 EDDA MINUTESENGLEWOOD DOWNTOWN
DEVELOPMENT AUTHORITY
3333 South Bannock Street, Suite 480
Englewood, Colorado 80110
MINUTES
February 10, 1993
Members Present: Birdsall, Close, Collins, Green, Hathaway, Kaufman,
Oxman, Pendleton, and Shepherd
Members Absent:
Staff Present: Celva, Pardys
Visitors/Guests: City Manager, Roger Fraser
Director of Community Development, Lee Merkel
Economic Development Administrator, Pam Pepper
EDDA Board Candidate, Peggy Hanan
EDDA Board Candidate, Zane Todd
The January regular meeting of the Englewood Downtown Development Authority Board
of Directors was called to order by Chairman Close at 12:15 p.m.
1.
2.
3.
4.
Introduction of Guests and/or Visitors
Chairman Close introduced and welcomed Roger Fraser, Lee Merkel, Pam
Pepper, Peggy Hanan, Zane Todd.
Approval of Mjnutes
S. Collins inquired if there were any comments regarding, or changes to,
the Minutes dated January 6, 1993. A motion was made, seconded, and
passed by voice vote, to accept the Minutes as written.
Treasurer's Report
The Treasurer's Report for December, was presented by G. Birdsall. It was
moved, seconded, and passed by voice vote to accept the report as
presented.
£ha irman' s ·. Report
Chairman Close congratulated Bill Pendleton on his retirement from
Affiliated Banks and on behalf of the board thanked him for his eleven
years of service to the Englewood Downtown Development Authority. Bill
was presented with a plaque, and a gift from EDDA.
1
Minutes
Page 2
City Manager, Roger Fraser reported on the MAS Marketing Study, and the
current status of negotiations and study in relation to Cinderella City .
Fraser related that after two years of meetings with the current ma 11
ownership that the city needed guidance regarding retail and what is
possible for the 40 acre site. MAS Marketing was commissioned to help
determine if retail was still a viable possibility and if the recent
negative perceptions about Cinderella City could be overcome. Fraser
stated that the MAS Study had provided valuable data and that while some
information about the study will be released, the study itself contains
proprietary information that must be kept confidential to allow the city
a strategic position.
Fraser distributed a Press Release dated, November 10, 1992, much of what
Fraser reported to the Board is contained in this document, but the
following points were made as well:
-MAS felt the demise of the center was not justified by the retail
market.
-MAS reported that the site was ok but merchandise was lacking.
-City acting as a catalyst will pursue new ownership.
-The development community sees the site as an opportunity for the
"new retail" of the '90's.
-A station for mass transportation at this site would be discouraged
because of attraction to youth and undesirable elements.
Pam Pepper related that retailing is undergoing a change and that 90% of
purchasing is done by 11 t irne stressed" women who devote less hours to
shopping and are establishing different patterns in their buying.
Lee Merkel presented a possible site plan demonstrating the "big box"
concept and related that this would work with existing complexes in a
"campus" fashion.
Fraser stated that the city hopes to secure a new owner for the site by
the end of the year. Retail development will be pursued and a "community
based process" will be established to help determine the eventual fate of
this site.
2
Minutes
Page 3
5. Director's Report
H. Ce 1 va requested the Boards approva 1 for the Facade/S ignage program
criteria outline in the Director's Report of February 10, 1992. He stated
that he was requesting this approval contingent on review and additions
from city attorney's office. Board member Pendleton question Item F
regarding contractors being approved by EDDA. Celva said he would request
an opinion from the attorney regarding this item. The Board voted the
preliminary approval of the criteria.
There being no further business the meeting was adjourned at 2:15 pm.
SEC:jmb
file :C:\WP51\jm\MIN293
3