City Council approves development deal for property near Marriott
Property to be sold to developer for $1 contingent on $7 Million investment.
After going into an executive session during their meeting on Monday, Spartanburg City Council gave unanimous approval to a measure paving the way for a new $7 million mixed-use development behind the Downtown Marriott. The hotel's owners, Jimmy Gibbs and Andy Cajka, have plans for a new, complimentary project on the adjacent property, though no specifics are yet being disclosed.
Under the approved agreement, the City will sell the lot to SMR Hospitality II for $1 if a development of at least $7 million is constructed. Explaining the recommended sale to Council, Assistant City Manager Chris Story said in a memo that "maximizing the long-term positive impact of development of this property is far more important than the sales price of the land." Full details on the project are expected in the coming months.
In other business, City Council member, and Hub-Bub Executive Director Cate Ryba gave a presentation about the organization's work in Spartanburg. The local arts nonprofit, which hosts numerous art exhibits and performances at its Showroom on Daniel Morgan Avenue (click here for a map) had $280,000 in revenue in fiscal year 2013-2014, with $120,000 coming from the City in the form of hospitality tax dollars. Hub-Bub's $270,000 in expenditures included $108,000 in payroll, $58,000 in rent and utilities, $19,000 for administrative costs, $60,000 on the organization's Artists-in-Residence program, and $25,000 on programming.
Also at last night's meeting:
• Council voted 7-0 to replace a culvert under Brookside Road, near John B. White Blvd. The contract was awarded to Larry Green Grading, Inc. for $49,110. Barring inclement weather, the culvert replacement should take around 30 days to complete.
• City Clerk Connie McIntyre gave Council an overview of vacancies to be filled on the City's Boards and Commissions in the coming fiscal year. To view a full list, click here.
For more on last night's City Council meeting, see the full video and our live tweets from the meeting below.