Economic Development and Equity Subcommittee

Wednesday, April 27, 2022 · 10:00 AM AM · City Council Chambers

TL;DR

The Economic Development and Equity Subcommittee approved a major redevelopment deal for Metrocenter Mall, which includes new public parking garages and modernization of the aging shopping center. The committee also approved the city's contract with the Greater Phoenix Economic Council and discussed plans for hosting Super Bowl LVII in 2023. One item about downtown redevelopment tools was postponed for further discussion next month.

Key Decisions

  • Metrocenter Mall Redevelopment Agreement Approved
  • Greater Phoenix Economic Council Annual Contract Approved
  • Interactive Digital Kiosks Recommendation Discussed (no action yet)
  • 2023 Super Bowl LVII Planning Discussed (no action yet)
  • Downtown Redevelopment Tools Update Postponed to May 25, 2022

Agenda

  1. CALL TO ORDER
  2. CALL TO THE PUBLIC
  3. MINUTES OF MEETINGS
  4. 1 Minutes of the Economic Development and Equity Subcommittee Meeting
    Minutes
    Action: approved

    This item was approved.

  5. CONSENT ACTION (ITEM 2)
  6. 2 Greater Phoenix Economic Council Annual Contract
    Consent Action
    Action: approved

    This item was approved.

  7. INFORMATION AND DISCUSSION (ITEMS 3- 4)
  8. 3 Interactive Digital Kiosks Recommendation and Agreement Authorization
    Information and Discussion
    Action: discussed

    This item was discussed.

  9. 4 2023 Super Bowl LVII Update
    Information and Discussion
    Action: discussed

    This item was discussed.

  10. DISCUSSION AND POSSIBLE ACTION (ITEMS 5-6)
  11. 5 Downtown Redevelopment Tools Update
    Discussion and Possible Action
    Action: continued

    This item was continued.to the Economic Development and Equity Subcommittee due back on 5/25/2022

  12. 6 Authorization to Enter into Development Agreement and other Agreements with Concord Wilshire Capital, LLC for the Redevelopment of Metrocenter Mall and the Acquisition and Construction of Public Parking Garages
    Discussion and Possible Action
    Action: approved

    This item was approved.

  13. CALL TO THE PUBLIC
  14. FUTURE AGENDA ITEMS
  15. ADJOURN