Troutdale says Exclusive Negotiation Agreement signed; development team enters DDA negotiations
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Summary
City staff told the advisory board the Exclusive Negotiation Agreement (ENA) with a selected development team for the Confluence/URA site has been signed, starting negotiations on a Development Disposition and Development Agreement (DDA). Staff said the ENA governs process and not site specifics and that the DDA will contain site details.
Troutdale staff told the Town Center Advisory Board that the city has signed an Exclusive Negotiation Agreement (ENA) with a selected development team for the urban-renewal “Confluence” site and is now negotiating a Development Disposition and Development Agreement (DDA).
“We have officially signed the ENA,” City staff said during the meeting. Staff explained that the ENA grants exclusive negotiation rights with the team for the urban renewal area parcel described in the presentation (the parcel behind the outlet mall, adjacent to the highway and the river). The ENA was described as governing the process and timeline of negotiations rather than final, site-specific obligations.
Staff said the DDA — which will follow ENA negotiations — is the document expected to include specifics about site design, phasing and public improvements. When asked whether the ENA document could be released publicly, staff said they would have to check with the city attorney; they also said the ENA includes process details and not the final site design.
Board members asked whether the URA work would affect storefront spaces at the outlet mall; staff said that interaction has been a community desire but that no definitive plan yet exists and that negotiations will try to address community priorities.
Staff said negotiations are underway and that the team is working on a tight timeline; the city will provide updates to the board as negotiations progress.