Acquisition paves way for developer Williams & Dame for Halsey Street renovation.

The city of Wood Village is a step closer to selling its City Hall.

The City Council voted unanimously at its meeting on Tuesday, May 8, to authorize City Manager Bill Peterson to purchase a 25,000-square-foot lot between the Best Western hotel on Northeast Halsey Street and Wood Village City Hall on the corner at 2055 NE 238th Drive.

The purchase of that property is part of a deal to sell the city government building and its surrounding land to developer Williams & Dame.

The developer plans to create about 1,000 feet of retail space at the front of the development with apartments behind it, said Mayor Tim Clark. Once that project begins, Wood Village staff will initiate plans to create a new City Hall.

The proposal is part of the city's ongoing effort to develop Halsey Street into a vibrant, village-like corridor.

A few other concerns must be addressed before construction begins, such as piping for wells under the structure as well as various wetland issues, Clark noted, adding the area the city plans to purchase is valuable property.

"It could easily be reinvested or sold," he said.

The purchase price is $300,000, and city staff budgeted $500,000 for the purchase, Peterson said. The remaining $200,000 will get deposited back into the city's general fund.

Contract Publishing

Go to top
Template by JoomlaShine