Cambridge City
MA

City Manager's Agenda Item
CMA 2017 #243
ORDER ADOPTED
Sep 25, 2017 5:30 PM

A communication transmitted from Louis A. DePasquale, City Manager, relative to an amendment to the Foundry Demonstration Project Plan.

Information

Department:City Manager's Office, LADSponsors:
Category:Transmitting Communication

Body

I am pleased to present for your review and approval an Amendment to the Foundry Demonstration Project Plan (the “Plan Amendment”).  Over the last nine months, the Cambridge Redevelopment Authority (“CRA”) staff has been working together with City staff to generate a new approach for the redevelopment of the Foundry after the cancellation of the Development Entity procurement process occurred in 2016.  This new approach responds to interest from the community and the City Council in evaluating how a substantially increased investment by the City and the CRA in the Foundry could facilitate expanded community uses in the building. The CRA Board voted to approve the Plan Amendment at a public meeting on September 13, 2017. 

The Plan Amendment proposes a central role for both the City and the CRA in the Foundry’s physical development and long-term management.  The original Demonstration Plan called for the Development Entity that was to be retained by the CRA to be responsible for both the design and construction of the renovations as well as for the operations and maintenance of the facility once the programs were up and running. The Plan Amendment reflects a substantial increase in City and CRA funding, with the design and construction process to be led by the City, and with the CRA to engage an operator to manage programs, property management, and leasing. The City and the CRA will cooperate closely in both these efforts, as described in the document. Sections that have significant changes are Section IV.C. Demonstration Project Phases; Section V.B. Proposed Governance Model; Section VI. Development Entity Selection Process; and Section VII. Financial Plan.

The City and the CRA have benefited over the last nine months from a wide range of input, including a series of Foundry Advisory Committee meetings, monthly discussions about the Foundry at the CRA Board meetings, City Council hearings, public community forums, East Cambridge Planning Team meetings, and many other small group meetings. With this input, continued research into the building’s physical potential and programming opportunities, and approval by the CRA Board and the City Council or the Plan Amendment, we are excited to embark on this new approach that we anticipate will move the redevelopment of the Foundry into becoming a vibrant and vital resource for the community. 

Meeting History

Sep 25, 2017 5:30 PM Video City Council Regular Meeting
draft Draft

REFERRED BACK TO THE CITY MANAGER BY COUNCILLOR CHEUNG. SEE ORDER #11

RESULT:ORDER ADOPTED [UNANIMOUS]
YEAS:Dennis J. Carlone, Leland Cheung, Jan Devereux, Craig A. Kelley, David P. Maher, Nadeem A. Mazen, Marc C. McGovern, Timothy J. Toomey, E. Denise Simmons