Commissary Parcel from Christmas Tree Hill
Update on Hamilton Commissary Proposals as of 1/15/19 - At their regular meeting on January 15, the City Council directed Staff to proceed with exclusive negotiations with City Ventures for the purchase of the Commissary parcel. City Ventures’ proposal to purchase and redevelop the Commissary site with approximately 81 townhomes and a 1 acre public park was selected over various other proposals received in response to the Request for Proposals the City issued for the site last year. The proposed purchase price for the land is $6.156M.
City Ventures’ proposal was selected after an extensive public process including a community workshop at the Hamilton Community Center, an online survey to receive public input and two City Council Meetings during which four proposals were presented and reviewed by the Council and members of the community. Those proposals included a senior housing facility from Avesta Development, another townhome proposal from Tim Lewis Communities, and a mix of rental and for-sale residential proposed by EAH Housing.
Staff will negotiate the details of the sale to City Ventures under an Exclusive Right to Negotiate over the next few months. The final Purchase and Sale Agreement will then be reviewed and considered by the Council in a future Council Meeting. If Council approves the negotiated terms of sale, the project would then move forward with the City’s standard entitlements process, which will involve at least six additional public meetings during which the community will have the opportunity to provide feedback on the developing project design. Please sign-up below for updates on this process.
City Ventures Conceptual Design
Buy or lease a 4.7 acre parcel in the historic Hamilton neighborhood of Novato
Optional Parcel: Responders may also include in their proposals the adjacent parcel also known as "Christmas Tree Hill", APN 157-720-02. This 2.48-acre parcel contains a large rock outcropping, interposed between Highway 101 and the Commissary Parcel. Per the City's Hillside Ordinance, the outcropping cannot be graded, however, the City is open to creative reuses of the site that will benefit the redeveloped Commissary Parcel and the community at large.
802 State Access Road, Novato, CA 94949
Responders may propose any use compatible with the Hamilton neighborhood
Fair market value, as evidenced by a preliminary residual land value analysis, and demonstrated financial capacity to complete the proposed redevelopment of the parcel.
Proposals will be evaluated based on their satisfaction of stated selection criteria and on community input. Complete proposals received by August 13, 2018 will be given first consideration. Proposals will be welcomed after that date until the property is successfully sold or leased.
The City will consider any conveyance, including purchase, ground lease or use agreement.
Initial Deposit Required
Refundable earnest money deposit of $5,000 due at time of proposal submittal.
Additional Payment Required
Additional $25,000 non-refundable fee required for proposals selected for exclusive negotiations.
Pre-Submittal Meeting & Site Tour
The City will offer site tours in June and July 2018. A schedule of tour dates will be posted on the City of Novato website.