Deal or No Deal?
Salinas City Council wants new agreement with Leidig's development group
Thursday, January 14, 2010
Reeling in a deal to redevelop Salinas' downtown has once again hit a snag. In closed session Tuesday night, the City Council terminated its exclusive negotiating rights agreement with Salinas Renaissance Partners, a development group led by Robert Leidig. But city officials were quick to say the city isn't booting Leidig.
Negotiations will continue over the next 90 days to create a new agreement that narrows the focus to development on the 100 block of Main Street, where city leaders have long desired a hotel. The original plan covered more than 20 acres of downtown property.
"The City appreciates the vision and commitment that SRP has brought forward for a revitalized downtown Salinas," Mayor Dennis Donohue said in a prepared statement. "This more focused approach that Council has proposed honors that commitment, best serves the public's interest and maximizes the possibility of actual progress in this economic environment."