May 20, 2008...6:30 pm

New CitySquare Agreement

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The City Manager is doing his presentation on the Amendment #1 to the CitySquare General Development Agreement….
NEW TRIGGERS FOR PHASE 1A

  • Berkeley required to lock-in lease for 135,000 sq. feet of rentable commercial space in a new Building H.

NEW SCOPE OF WORK: (partial)

  • Phase 1A is inclusive of all demolition
  • Construction of Mercantile Street
  • Construction of a portion of new Front Street

TIMELINE:

  • Allows for demolition to begin as soon as August.  $5 bucks to everyone who comments on this post if that happens.
  • Berkeley has 3 years to finalize details to fulfill the original GDA expiring June 15, 2011.

STATE FUNDS:

  • State’s $25 M will go entirely to the cost of demolition and enabling the current mall

7:29

11 Comments

  • I totally want in on the ‘Zoback free money give-away’!

    Let it be August….
    Please, let it be August……

  • I’ll take that $5.

    Though I suspect you’d be rolling in the dough if you made it an even bet. (If you could find any takers)

  • I’ll double down with my $5 if you shoot for Columbus Day!

  • August of what year…..

  • Under the implicit terms of any wager made in that style, every one of us who comments here will owe Scott five bucks if demolition of the mall does NOT begin by this August.

  • Nothing ventured nothing gained.

    I’m sure my wallet will be $5.00 lighter, but I would LOVE to see a wrecking ball before September 1.

  • Jeff,

    Scott totally owes you one (or $25 at last count) for that comment.

    But I must disagree.
    He did not use the time honored terms of a bet, but rather the terms of a quid pro quo arrangement.

    Read it again.

    “$5 bucks to everyone who comments on this post if that happens.”

    You comment, it happens by X, you get ‘rich’!

    OR, Conditionally, you comment, you get paid.

    Not that I really want to take his money, just that as long as he is offering I am willing to go to the trouble to take it.

    Never fear Scott, your money is likely safe with CitySquare.

  • worcestermagazine

    Interactive media at its finest!!!!

    And thanks Jeff, but no money needs to come my way. If the mall comes down in August, I’ll be doing my best Slim Pickens impression on the wrecking ball.

    See you there.

  • Well… I tried…

    I still like the idea of taking it in the spirit of saying, for instance, “Five bucks says it doesn’t happen by August…” in which case it’d have to be sealed with a “you’re on” with each commenter.

    And I also expanded on my premise here to let Scott off the big money hook.

    I mean, really, heh… it’s neither a wager nor a quid pro quo here, but a rhetorical turn of phrase… if you really want to get technical about it.

  • >>I’ll be doing my best Slim Pickens impression on the wrecking ball.

    Now that is something I’d like to see. Unfortunately, I don’t think we will. *sigh*

  • We need to petition the Council to reposition the City Hall webcam.

    Galleria Death Watch 2008 begins……

    NOW!


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