Developers qualified to proceed with review process. Developer Selection 1. Select one or more developers for further analysis of redevelopment feasibility. Review general plans including uses, design concepts, densities and financial feasability. Negotiate pre- development agreement with one or more developers.
Agreement provides an period of exclusive rights for development.
Preliminary concept program with focus on uses, density and required public improvements. Preliminary financial and market feasibility. Selection of developer to proceed into preliminary development agreement. Pre-Development Agreement 1. Developer refines plans and financing for development.