Festival Park Commons is a proposed redevelopment of three lots Downtown, just south of Town Hall. The proposed project is a result of a request for proposals the Town distributed in 2017, specifically for a new parking structure.
About the project
As a result of the RFP, Town Council chose a developer to move forward on the project. That developer was acquired by Confluence Companies, which has been working on concepts for the project. Overall, the project is expected to include a public parking garage, residential units, retail and office space. View preliminary details in the Preliminary Project Application.
About the process
There are two processes for this proposed development.
One is the possible negotiation of a public finance agreement, which would be approved by Town Council.
The other is the development process through a formal land use application. In order for that to occur, a neighborhood meeting was held in January 2019.
Following the neighborhood meeting, Confluence Companies submitted a Site Development Plan application, which must go to the Design Review Board for approval. The land use application does not require Town Council approval. View the Site Development Plan narrative and submittal below.