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HomeMy WebLinkAbout2017.01.24 Economic Development Special Committee Meeting Minutes SUMMARY MINUTES OF THE ECONOMIC DEVELOPMENT COMMITTEE DL B L SPECIAL MEETING — January 24, 2017 A special meeting of the Economic Development Committee was held on January 24, 2017, in the City Manager's Conference Room of the Dublin Civic Center. The meeting was called to order at 12:31 PM by Mayor Haubert. 1. Call to Order PRESENT: Mayor Haubert and Councilmember Gupta ABSENT: None 2. Public Comment No comments were made by any member of the public. 3. Minutes of the Standing Economic Development Committee Regular Meeting of June 10, 2016 ACTION: By Consensus, the Committee approved the minutes of the regular meeting of August 8, 2016 4. Discussion on Downtown Hotel The Concept Hotel Group has created a proposal for a new hotel in West Dublin on property adjacent to the BART station. The development team, comprised of representatives from the Concept Hotel Group and Majestic Hospitality Group, were joined by representatives including the property owner (BART) and the land leaseholder (Barings). The team discussed their "Vecino Hotel" concept which would include development of a 175-room hotel, two restaurants, rooftop deck, meeting space/ballroom, retail space, and a health club. The team was seeking feedback from the committee to learn if this concept would be of interest to explore. In addition to the preliminary site plan they have developed, they explained the significant cost of construction/fees in the area, as well as the high cost of parking development. They mentioned the potential need for creation of an incentives program to help stimulate development. ACTION: The Committee provided feedback on features of the proposed hotel and expressed a preference for an upscale hotel with high-quality amenities and finishes. In addition to the construction of the hotel, the Committee provided direction to seek new retail tenants and restaurants to increase the supply of unique dining and beverage options in Dublin. 5. Key Proiects Update Due to the length of the meeting, key projects were not discussed. ACTION: None. 6. Update on Regional Organizations Due to the length of the meeting, key projects were not discussed. ACTION: None. 7. Request for Future Agenda Items None. ACTION: None. 8. Adjournment There being no further business to come before the Committee, the meeting was adjourned at 1:51 PM. Minutes prepared by Erin Steffen, Management Analyst ayor ATTEST: c c elopment Director/ Public Information Officer