|
|
| WORLD'S FAIR
PARK |
Mayor Bill Haslam began negotiations with Kinsey Probasco Hays & Associates
to redevelop City-owned structures at World's Fair Park.
KPH offered the most comprehensive and financially beneficial proposal
to the City. Final details remain to be worked out over the next several
weeks.
"I appreciate the interest shown by those who responded to our request
to examine ways in which the City's assets at World's Fair Park could
be better utilized to the benefit of taxpayers," Mayor Haslam said.
"We will begin discussions with Kinsey Probasco Hays on the details
of their proposal with the goal of recommending an agreement in April."
Kinsey Probasco Hays & Associates created the Market Square redevelopment
plan and has been actively involved redevelopment of Chattanooga's
downtown and waterfront.
The firm's proposal was the only one of nine submitted that addressed
uses for all the World's Fair Park structures, which include the Sunsphere,
Candy Factory, Victorian Houses and Tennessee Amphitheater. The plan
includes a mix of residential and commercial use.
The City issued a request for proposals for the redevelopment and/or
adaptive reuse of the four structures last November after a public
process that included the solicitation of comments from citizens about
the potential reuse of these structures, tours of the park and buildings,
and a public meeting to review suggestions and comments.
Interviews with the four finalists were conducted in an open meeting
in January. |
|
|