Long Bay Enterprises, Inc.

Quality Commitment

Results

Important Dates:

 

August 24, 2016 - LOI Submission Deadline 2pm

 

Overview:

 

Edmonds School District #15 (the "District") is seeking qualified developers to ground lease and develop Phases 2 and 3 of Lynnwood Place. Formerly the location of Lynnwood High School, the two land parcels totaling 13.52 acres of C-R- zoned finished developed lots (the "Property") are located across the street from Alderwood Mall and adjoin Phase 1 of the Lynnwood Place development, which is improved with a Costco Wholesale store.

 

This Request for Letters of Intent to Ground Lease (this "Request") seeks qualified developers and offers the unique opportunity to ground lease for a long term (99 years) a large land offering that is well-served by transportation, has been pre-approved for a mixed use development, and is part of the commercial center of Lynnwood.

 

The Property is a rare in-city development offering, in an excellent established retail location, with the majority of entitlements in place for a virtual "plug and play" project.

 

For the entire Request for Letters of Interest and property documents see the links

 

EXHIBIT A - Letter of Intent (3 pages, 308 KB)

 

Proposed alternate site plan - sublevel retail parking by previous developer (1 pg, 819 KB)

 

Proposed alternate site plan by previous developer (1 page, 878 KB)

 

City Approved by Ordinance Design Guidelines with Mark-up Comments (48 pages, 5 MB)

 

Lynnwood Place Utility Plan (1 page, 657 KB)

 

City Ordinance 3051 (42 pages, 4445 KB)

 

Record of Survey and Binding Site Plan recorded June 10, 2014 (6 pages, 1213 KB)

 

City Participation Agreement-Lift Stations-final draft (7 pages, 95 KB)

 

City Approved by Ordinance Development Agreement Cycle 2 Phase 2 (25 pages, 195 KB)

 

Edmonds School District - Termination of Ground Leases (9 pages, 333 KB)

 

Transportation Improvement Credit Letter (4 pages, 2016 KB)