DATE: April 29, 2024
TO: Council Economic Development Committee
FROM: City Manager
SUBJECT
Title
Review Draft of Cinema Place Economic Analysis Scope of Work
EndRECOMMENDATION
Recommendation
That the Council Economic Development Committee (CEDC) reviews the draft scope of work for an economic analysis of the recently acquired Cinema Place property and provides feedback and input to staff.
End
SUMMARY
In March of 2024, the City of Hayward Economic Development Corporation (Corporation) acquired the Cinema Place property (Property) from Levy Affiliated Holdings as a strategic acquisition to support revitalization and preservation of Hayward’s Downtown economic core. The purpose of this agenda item is to receive the Committee’s feedback on the draft scope of work for a consultant to conduct a strategic economic and market analysis for the Cinema Place property.
ATTACHMENTS
Attachment I Draft Scope of Work