Exclusive Negotiating Agreement
City of Chula Vista – S.D. Metropolitan Transit System – Bayview Point, LLC
Consultant Services Agreement
Keyser Marston Associates
707 F Street & 750 E Street
October 18, 2022
City Property
• 707 F Street
• Former Public Works Yard
• 5.98 Acres
MTS Property
3 • 750 E Street
• E Street Transit Center
• 4.15 acres
RFQ/RFP
4 • Prioritized land uses
MTS priority
1. Affordable housing
2. Market rate rental housing
3. Office
4. Hotel
5. Retail
City priority
1. Office
2. Hotel
3. Retail
4. Market rate housing – for rent
5. Market rate housing – for sale
6. Affordable housing
5 Timeline – Phase I
Dec. 2018
City and MTS agree to
release Joint RFQ/RFP
April 2019
Joint RFQ/RFP is
released
Sept. 2019
Four proposers
advanced to Phase II
6 Timeline – Phase II
Oct. 2019
Governor signs
Surplus Land Act into
law
Dec. 2019
Interviews with
Development Teams
Jan. 2020
Selection Committee
Completes
Evaluations
March 2020
Onset of COVID-19
Pandemic
Late 2020
MTS seeks Legislative
Amendment
July 2021
Legislative
amendment signed
into law
7 Timeline – Refined Phase II
Sept. 2021
Developers invited to
revise proposals
June 2022
Interviews with
Development Teams
July 2022
Selection Committee
Completes Evaluations
Exclusive Negotiating Agreement
8 • Three-party, public-public-private partnership
• City of Chula Vista
• San Diego Metropolitan Transit System
• Bayview Point, LLC
• Formalizes exclusive right to negotiate
• Developer deposit: $100,000
Agreement for Negotiation and Transaction
Structuring
9 • Keyser Marston Associates
• Allows for assistance in evaluating the refined development proposal, including proforma
• Allows for assistance in negotiations with Bayview Point, LLC 10 Requirements Under Surplus Land Act
Oct. 2022
Exclusive Negotiating
Agreement
Dec. 2024
Disposition and
Development
Agreement
March 2026
Disposal of Property
must occur
Next Steps
11 • Develop a project in accordance with the Urban Core Specific Plan, standards for mobility hubs, etc.
• Action does not approve a project
• Several months of refinement of design of development and proforma analysis Staff Recommendation
12 Exclusive Negotiating Agreement
1) Authorize City Manager to enter into three-party agreement among City, San Diego MTS and Bayview Point, LLC
Consultant Services Agreement
2) Waive consultant selection process (sole source)
3) Approve the Consultant Services Agreement
13