City of Alexandria, Virginia
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MEMORANDUM
DATE: JANUARY 16, 2013
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
FROM: RASHAD M. YOUNG, CITY MANAGER /s/
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Consideration of a Contingent Contract to Sell City Property at 200 North Royal Street.
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ISSUE: Consideration of a contract to sell City-owned real estate at 200 North Royal Street contingent upon approval of the sale under Section 9.06 of the City Charter.
RECOMMENDATION: That City Council authorize the City Manager to enter into a contract with TTR Sotheby’s International Realty to sell 200 North Royal Street for $1,350,000. The contract will be contingent upon approval of the sale per Section 9.06 of the City Charter, which includes approval by the Planning Commission and City Council.
BACKGROUND: 200 North Royal Street (Elder Crafters also known as 405 Cameron Street) is a three-story townhouse-style building, owned by the City and located at the corner of North Royal Street and Cameron Street. The property is zoned for CD-Commercial Downtown, which allows for residential, commercial or mixed uses and is a building that will require significant renovation for any future use.
The upper two floors of the building were formerly used by the City as the administrative offices for the Office of Historic Alexandria (OHA) and Information Technology Services (ITS) training classrooms and most recently as office space for the Department of General Services. The ground level retail space is currently being leased to Elder Crafters of Alexandria on a month-to-month basis.
At the May 26, 2009 legislative session, City Council declared 200 N. Royal Street surplus property and authorized the City Manager to seek bid offers as described in the City Real Estate Disposition Policy.
Following a public solicitation for the sale of the property for a period of thirty days, no responses to the solici...
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