1 Development Concept Quality of the concept not only physically but taking into account overall community impact and uses consistent with the City’s legislative priorities and Comprehensive Plan; Project’s ability to fill a demonstrated community need 2 Economic Impact (including but not limited to:) Quality of the concept based on the number, type, and quality of full-time, permanent jobs that the Project will create, directly or indirectly, particularly for disproportionately-impacted populations such as recently-incarcerated persons, recent immigrants or refugees, homeless persons, and persons with learning or other developmental disabilities; Projected increase in local economic activity (e.g., sales tax revenue, business license fees); Property tax contribution over time; Multiplier effect of proposed land uses; Acquisition price 3 Financial and Implementation Capacity The financial capacity of the respondent to undertake a development project based on its strategy for this project; Respondent’s financial position and demonstration in the past; Respondent’s ability to obtain a mix of financing for development projects including working with local and State agencies to finance potential P3-type projects (if applicable) as well as utilizing tax credits to maximize equity contribution to the Project. 4 Development Partner/Team Experience and Implementation Capacity Demonstrated experience of the respondent’s development team in successful financing, development, operation, and economic performance of projects on time, as well as experience in developing projects of a similar type to those proposed; Quality of development, architecture, and urban design aspects of completed projects including strong references from previous projects complete;. Indication that the entities within the respondent’s development team have worked together successfully on previous projects; Realistic project timeline including evidence of permitting strategy and demonstrated ability to deliver on-time and on-budget. 5 Community Involvement Experience Demonstrated positive experience in working with community groups, elected officials and residents regarding respondent’s prior or existing projects. Knowledge of and experience with public sector expectations for public outreach and community benefits packages.
