How do the three Daughtrey’s proposals compare?
- By : Castro Valley Matters
- Category : Alameda County, Economic Development, Governance, MAC
- Tags: Daughtrey's Building, downtown castro valley, MAC, Municipal Advisory Council, Town Square
This chart provides an overview of the proposals from the three finalists who are competing to redevelop the Daughtrey’s Building.
Finalists for the Alameda County-owned Daughtrey’s building redevelopment project have proposed housing, a marketplace anchored by a natural foods grocery store, restaurants, coffee shops, a wine bar, and a tap house for the former department store building at 3295 Castro Valley Boulevard in Downtown Castro Valley. Read our previous post about the concepts.
For more detail on how the concepts were ranked by the Selection Committee, check out the detailed scoring released by the Alameda County Community Development Agency (CDA).
Main Street Properties |
Bay Area Urban |
Alikian/Samson’s Properties |
|
Design concept
|
Retail-only concept featuring food marketplace on the first floor, restaurant in the basement, and additional commercial retail and service space on second floor. |
Retail and residential mixed-use featuring Mexican restaurant, tap room and coffee shop on ground floor, residential units on second floor, and storage in basement. |
Retail and residential mixed-use featuring tap room, wine bar and coffee shop on ground floor with resident parking garage in basement. |
Named Anchor Tenants and Current Locations | Alameda Natural Grocery – Alameda | The Mexican – Hayward
CV Taphouse – Not yet open (see CVM blog post about beer entrepreneur behind project) |
|
Committee Evaluation Score | 97% | 79% | 67% |
Outside Consultant Financial Capacity Score | 100% | 38% | 50% |
Tenant Relationship | Investor | Leasee | Leasee |
Residential | No | 9 rental units | 18-22 one bedroom rentals |
Significant Structural Modifications | None |
Removes walls to create a courtyard facing the paseo. |
Third story added; underground parking garage added. |
Requires Revision to the Shared Parking Agreement | No | Yes | Yes |
Type of Parking Added |
None. Developer is seeking leased off-site spaces for employee parking. |
None. Developer would seek to amend the shared parking agreement to allow for residential overnight parking. |
Underground parking garage. Since three parking spaces from shared parking facility would be lost to gain access to this additional parking for building residents, the share parking agreement would have to be amended. |
The Castro Valley MAC meets Monday, July 17 at 6:00 pm at the Castro Valley Library at 3600 Norbridge Avenue to select the preferred developer for the Daughtrey’s Building site.