Little Opera House, Inc (dba Radium Presents)
Exclusive Negotiation Agreement
and
License at Alameda Point
for the Radium Project
December 19, 2023
Site A Block 12/13:
Theatre/Performing Arts Center
sold
2 acre site located on Pam Am Way, next to:
• Waterfront Park
• NAS Alameda Museum
• Bladium Sports Center
• Site A Residential
Planning Process to Date
sold
2022
• Site A Development Plan Amendments included
performing arts facility
2023
• 12 month License for Radium temporary placemaking
events (e.g. Fiesta Alameda, Runway Stories, Hip Hop
Dance Battle.)
• Request for Qualified Developers for permanent amenity • A single proposal from Little Opera House, Inc. received • Prepared draft 12-month (plus extensions) ENA and
License
Planning Process Going Forward:
Site Planning Considerations and View Corridors
Exclusive Negotiation Agreement + License
sold
Two Agreements, both for 12 months (total of 18 months with two 3- month administrative extensions at City Manager’s sole discretion).
License: Continue use of land for temporary performing arts.
ENA: Negotiate exclusively with Little Opera House, Inc. to prepare a draft long term lease with development milestones and potential purchase option.
• Planning Board and Historical Advisory Board review of Development Plan and Architectural Concepts before final City Council consideration.
• City Council Public Hearing to review draft Terms by 9th month. • City Council public hearing to approve or deny long -term agreements by 12th month.
Recommendation
Hold Public Hearing,
Adopt a resolution approving 12-month
ENA plus potential extensions, and
Introduce an ordinance authorizing 12-
month (plus extensions) license for the
temporary use of the property for
placemaking performing arts and special
events.