Council interviews two finalists for Bonanza Park 5-acre redevelopment
May 14, 2025, 2:01 p.m.
At a special meeting the council interviewed two finalists responding to the Bonanza Park 5-acre redevelopment request for proposals and then met in closed session on procurement. No selection was recorded in the minutes.
From the approved minutes. Updated October 14, 2026.
In brief
1 item came up for a decision or discussion: 1 discussed.
The agenda records 1 dollar amount, the largest $30.0 million.
1 item here is tracked in the city's development tracker.
This write-up links 3 source documents.
6 members were present.
The previous City Council meeting was on May 1, 2025: Council adopts FY26 tentative budget with no tax increase and favors Mawhinney lot for senior center
The next one was on May 15, 2025: Council approves Studio Crossing fee waiver of about $1.9 million for 166 units, 4-1
Decisions at a glance
| Item | Result |
|---|---|
| Bonanza Park 5-acre redevelopment request for proposals interviews | Discussed |
Agenda, item by item
Item II.1 · Development
Bonanza Park 5-acre redevelopment request for proposals interviews
Discussed
The mayor and council interviewed the top two respondents, one hour and ten minutes each: a team led by Brinshore and GTS Development with Method Studio, and a team led by Pinnacle and Woodbury with FFKR Architects and Shaw Construction. The council then went into closed session on procurement. The minutes record no selection or award. The first team's deck proposed 156 affordable units, six live-work artist units, a 316-stall underground garage and a $30 million city soft loan repaid from project cash flow, with a 99-year ground lease at $1 a year and total financing of $119,871,386.
- Budget$30.0 million to Brinshore and GTS Development (proposal)