Who is the developer and how were they selected?
The developer, Manchester Financial Group, was selected through an extensive Request for Qualifications/Proposals process conducted by the U.S. Navy. Proposals were received on January 4, 2006, and the Navy spent three months reviewing them before announcing their selection on March 31, 2006. The Navy will enter into a long-term lease for the mixed-use development of the property, which will include a new, energy-efficient, centrally located, permanent administrative headquarters for Navy Region Southwest and other Navy tenants. The Navy will continue to own the property with the developer holding a long-term ground lease. 6. Does the Development Agreement provide for the payment of processing costs, development impact fees or similar charges associated with processing permits for the development of the property on the Navy Broadway Complex Site? With the exception of development of the Navy office site, the payment of processing costs, development impact fees and/or other applicable f
