Recommendation to adopt a resolution
approving a Purchase and Sale
Agreement between the City of Manteca
and Steve Lewis for the acquisition of
103, 107, and 115 W. Yosemite Avenue
(APNs 217-210-49, 217-210-48, and 217-
210-47).
January 6 , 202 6
City Council Meeting
ATTACHMENT 3
OVERVIEW
ATTACHMENT 3
BACKGROUN D
ATTACHMENT 3
PURCHASE & SALE
AGREEMENT OVERVIEW
•Purchase Price: $1,200,000
•Deposit: $50,000
•90-day feasibility period for City inspections
•Property to be purchased as-is
•Seller is required to repair and update the parking lot prior
to closing, per agreed-upon specifications
•Closing anticipated within 180 days following completion of the feasibility period
•Vacancy & Transition:
•Seller will have up to six months to vacate the building •City will work cooperatively with the Seller
•City will assist the nonprofit tenant on the second floor with identifying relocation opportunities within Manteca ATTACHMENT 3
A CATALYST FOR DOWNTOWN
THE FIRST FULLY RENOVATED BUILDING DOWNTOWN — LED BY THE CITY Transformation is happening now, and the City is investing in Downtown’s future.
CONTROL OVER DESIGN & TENANT MIX — CREATING A RIPPLE EFFECT With ownership, we shape the look, feel, and uses of this space, setting the tone for the revitalization that will follow.
A STRONG ANCHOR AT OUR DOWNTOWN GATEWAY
A welcoming, vibrant entry point at Main Street and Yosemite that draws people in and encourages them to stay.
HONORING MANTECA’S HISTORY WHILE BRINGING THE EXPERIENCES OUR
COMMUNITY IS ASKING FOR
Thoughtful preservation paired with new places to dine, gather, shop, enjoy the outdoors, and spend time with family and friends.
ECONOMIC DRIVER TO START CHANGE
Investment from public sector will drive investment from private sector.
ATTACHMENT 3
DOWNTOWN SPECIFIC PLAN
•Staff has narrowed the consultant shortlist and
will return to Council with a contract for
approval.
•The Downtown Specific Plan (DSP) will
assess existing conditions/ uses and establish
a clear vision for revitalization.
•The DSP will support uses that make
Downtown a vibrant place to shop, dine,
connect, and have fun.
•The purchase of the Bedquarters building
aligns with this effort and its design and future
use will be incorporated into the DSP.
ATTACHMENT 3
SAMPLE CONCEPTS
ATTACHMENT 3
OXBOW PUBLIC MARKET
NAPA, CA
ATTACHMENT 3
LUKE’S LOCAL MARKET
SAN FRANCISCO, CA
ATTACHMENT 3
RODEO 72
WHITTIER, CA
ATTACHMENT 3
PACKING HOUSE
ANAHEIM, CA
ATTACHMENT 3
SKY DECK
SAN DIEGO, CA
ATTACHMENT 3
HARVEST HALL
GRAPEVINE, TX
ATTACHMENT 3
BOTTLING DEPT
SAN ANTONIO, TX
ATTACHMENT 3
PULLMAN MARKET
SAN ANTONIO, TX
ATTACHMENT 3
WHAT OTHER NEARBY
CITIES ARE DOING
NOW
ATTACHMENT 3
BLACKSMITH
SQUARE
EXPANSION
LIVERMORE, CA
ATTACHMENT 3
THE FOUNDARY
WALNUT CREEK , CA
ATTACHMENT 3
OLD TOWN PLAZA &
DUST BOWL
BREWERY
ELK GROVE, CA
ATTACHMENT 3
PLAN A
• City issues an RFP for a private development partner to help finance, design, and/or operate the building while maintaining some level of City control.
⚬ Brings private expertise and investment, shares risk. • Make general improvements to the facade at the same
time.
• Activate parking space.
PLAN B
• If no strong responses to the RFP, the City can hire a design firm first, develops plans, then goes out to bid for
construction separately.
• Make general improvements to the facade at the same
time .
• Activate parking space .
TENTATIVE PLAN IF APPROVED
* 1+ year before you see movement on the project
ATTACHMENT 3
STAFF
RECOMMENDATION
That the City Council adopt a resolution approving a Purchase and Sale Agreement between the City of Manteca and Steve Lewis for the acquisition of 103, 107, and 115 W. Yosemite Avenue (APNs 217-210-49, 217-210-48, and 217-210-47).
ATTACHMENT 3
COUNCIL
DISCUSSION
ATTACHMENT 3