SitemapThe city has expanded its partnership with the company tasked with selling and redeveloping 20 Federal Place with a new contract approved Thursday by the Board of Control.
Under the contract, the city will pay $25,000 to Steadfast City Economic & Community Partners for technical assistance and strategic counsel related to redevelopment of the former Strouss’ department store building. The contract runs through Dec. 30.
St. Louis-based Steadfast was initially hired under an Appalachian Regional Commission initiative last year to assist the city with the sale and redevelopment of the 332,000-square-foot building.
Under the new contract, Steadfast will provide its expertise once the city administration and City Council make their choice regarding how they will proceed with the property, said city finance director Kyle Miasek.
The city received two proposals this summer from potential developers. Warren developer Mark Marvin withdrew his company’s proposal following a July 6 walk-through of the property, leaving the proposal submitted by Desmone, a Pittsburgh architectural firm, as the sole active one. The city’s request for proposals, however, left open the possibility of accepting other submissions submitted following its June 1 deadline.
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