1318 Fourth Street Affordable Housing
Development
Development Team Selection Recommendation
Background
2 3
Background
▪ Council Priorities
▪ Reducing Costs
▪ First Prioritized Site
▪ Housing Element Strategy
Request for Proposals &
Evaluation
4 5
Request for Proposals
▪ RFP Issued to Select Development Team
▪ Demonstration of Capacity and Expertise
▪ Goals & Objectives
▪ Required a Lead Developer, Social Services Providers & Architect ▪ Nine Proposals Received
6 Proposals Received
▪ Abode Communities
▪ Clifford Beers (Option #1 & Option #2)
▪ Community Corporation of Santa Monica + Metropolitan Pacific ▪ EAH (Option #1 & Option #2)
▪ Innovative Housing Opportunities
▪ Step Up + Jamboree Housing
▪ Venice Community Housing
7 Evaluation Committee
▪ Staff from variety of Departments & Real Estate Economic Consultant ▪ Evaluation consisted of Two Phases
8 Phase One Evaluation: Review of Proposals
▪ Evaluation Committee Reviewed Proposals
▪ Individually Scored (0 to 100)
▪ Overall Development Concept (25pts)
▪ Development & Operational Experience (35pts)
▪ Design Experience (10pts)
▪ Financing Analysis & Capacity (30pts)
▪ Score of 70 or higher required to Proceed
9 Phase Two Evaluation: Interviews
▪ Three Development Teams
▪ Interviews
▪ Follow-up Questions
Presentation by Abode
Communities
10 Presentation by Community
Corporation of Santa Monica
(CCSM)
11 Presentation by EAH, Inc
12 Staff Recommendation
13 14
Recommendation
▪ Based on results of Evaluation Committee
▪ Staff recommends Development Team led by EAH, Inc
15 Development Team
▪ Developer: EAH, Inc
▪ Service Provider: The People Concern
▪ Development Team’s Strength
▪ Development Team’s Experience
16 Next Steps
Exclusive Negotiating
Agreement
Community
Participation
Process &
Project Concept
Council Approval
of Ground Lease
Financing
Secured
Construction
Start
17 Staff Recommendations
▪ Select EAH, Inc as the Development Team
▪ Authorize Exclusive Negotiating Agreement
Council PowerPoint
Santa Monica City Council
January 11, 2022
- Document
- Council PowerPoint
- Meeting
- January 11, 2022
- Body
- Santa Monica City Council
- Original file
- 3.5 MB
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