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HomeMy WebLinkAbout1989-03-15 89-122 RESOLVEData March 7,N 1989 Item No.89-122 hemisubjeat: Approving Preliminary Plans of Eaton, Peabody, Bradford 6 Veague, P.A./ParCel D-13 Responsible Department: Community and Economic Development Commentary: Eaton, Peabody, Bradford s Veague, P.A. ('Developers") have an Option on Parcel B-13 (located on Exchange St.) which requires the development of a four story building containing not less than 60,000 square feet of office and commercial space with 65 on-site parking spaces ata cost of not less than $5.5 million. The Developers are requesting approval of a change in design to a seven story plus penthouse building containing 115,256 square feet with two parking decks over Kenduskeag Plaza providing 399 parking spaces. Since the revised plan exceeds the minimum requirements of the Option Agreement, the Developers are requesting only approval of preliminary plans which would allow them to proceed with the development of final plans. The community and Economic Development Committee reviewed the plans on March 7thandvoted to recommend approval. Manager's Comments: CiyMawgw' Associated lnformetioo; Budget Approval: Fne <e D' Legal Approval: s4$ or iy 5of<itw Insr uced For P rage ❑First Feeding Paga_of_ ❑Referral Assigned to Councilor Stone, March 15, 1989 CITY OF BANGOR 89-122 (TITLE) AmItiC2_.._APN'm"+p8_P+'ellmfvery_P1eve.,..oP.Eatonx_Peebody�_ Bradfonl.._.. BR dw C%CoweoU oflAs Cly of Hanson BBBOLVBD. THAT WHEREAS, Pursuant to the Option Agreement between the City of Bangor and Eaton, Peabody, Bradford & Dengue, P.A. dated October 3, 1988, preliminary plans for the development of City Community Development Parcel B-13 located between Exchange Street and Eenduskeag Plaza have been submitted for City Council consideration and approval; and WHEREAS, the preliminary plans have been reviewed by the Community and Economic Development Committee and have been found to conform to and exceed the provisions of the Option Agreement; NOW, THEREFORE, BE IT RESOLVED THAT the preliminary plans submitted by Eaton, Peabody, Bradford & Veague, P.A. by cover letter dated March 6, 1989 and prepared by Webster-Baldwin-Rohman- Day-Czarniecki, P.A., copies which are on file in the office of the Department of Community and Economic Development, are hereby approved. IN CITY COUNCIL March 15, 1989 Passed M ITV LBA 89-122 RESOLVE' Aporovine Prellmluexv Plaus of Eatou. � Peabody. Bradford 6 Veague. P.A. - Parcel B-,13 '�a.-lea