Stockyard (Old Lucky's Parking Lot) Redevelopment

The Livermore Village site, also known as the former “Lucky’s” site and Livermore Valley Center site, was once a stockyard accompanied by the surviving railroad depot. The redevelopment of the downtown sites owned by the City provide an opportunity to strengthen the success of the downtown core area.

History

There have been several redevelopment projects either constructed or proposed over the years. After its value as a Stockyard was exhausted it became a strip mall anchored by Lucky's Supermarkets. Subsequent development of other shopping centers further away from the town center resulted in fewer customers and Lucky Stores abandoned the site. Most of the buildings were demolished and the parking lot remains. One redevelopment plan was for a 2,000 seat performing arts center.

Current Development Alternatives

Community Group Alternative

Funded and managed by volunteers "http://vibrantlivermore.com"

Lennar Alternative

Proposed by Lennar Homes, the designated developer "http://cityoflivermore.net/downtown"

Financial Implications

For the 2,000 seat theater, Livermore spent over 9 million dollars on that effort [1]