Deal or No Deal?: Carmel's Bob Leidig will have 90 days to reach a new deal with Salinas officials to develop the 100 block of Main Street.
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."
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