140 West (Lot 5)

Summary Of Project History

Initial planning for the Town-owned Parking Lot 2 (corner of East Rosemary and Columbia Streets) and Lot 5 (corner of West Franklin, West Rosemary and Church Streets) began as part of the Downtown Small Area Plan adopted in 2000. The Town’s Request for Qualifications issued in 2004 envisioned that Lot 5 and the Wallace Deck would be Phase I of a building process; development of Lot 2 would follow in a later phase. The Council resolution authorizing negotiations with Ram Development Company in 2005 focused on the Wallace Deck and Lot 5, with an option to consider Lot 2 as a later phase. Subsequently, the 2007 Development Agreement between Ram Development Company and the Town narrowed the proposal to development of the Lot 5 location only.

Key steps in the project including opportunities for citizen input to date are summarized below.

2009

2008

2007

2006

2005

2004

2003

2002

2000