Difference between revisions of "Stockyard (Old Lucky's Parking Lot) Redevelopment"
Line 7: | Line 7: | ||
=== Performing Arts === | === Performing Arts === | ||
One redevelopment plan was for a 2,000 seat performing arts center. | One redevelopment plan was for a 2,000 seat performing arts center. | ||
+ | == Livermore Village == | ||
+ | This was a proposal by a developer to build housing on the sites. An economic downturn ensued, and Livermore acquired the property. | ||
== Current Development Proposals == | == Current Development Proposals == |
Revision as of 08:27, 16 August 2016
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.
Contents
History
There have been several redevelopment projects either constructed or proposed over the years.
Lucky's Era
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.
Performing Arts
One redevelopment plan was for a 2,000 seat performing arts center.
Livermore Village
This was a proposal by a developer to build housing on the sites. An economic downturn ensued, and Livermore acquired the property.
Current Development Proposals
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]. Studies are to commence Q3 2106 at unknown costs.