The Westfield Redevelopment Commission approved a master development agreement with Keystone for the Grand Park North area and authorized contract actions to continue project oversight; during the meeting staff also reported the evaluation committee’s unanimous recommendation of Keystone as the preferred offeror in the BOT procurement for the Grand Park parking garage and associated infrastructure. Commissioners approved contract amendments for JS Held and a new JS Held contract for non-Grand Park project management services.

The master development agreement (Resolution 42-2025) establishes a framework for Keystone to prepare a development plan for the area north of 180 Sixth Street and sets process expectations for individual project agreements and incentives, staff said. Commissioner Steve Latour moved approval; Commissioner Larry Kemper seconded, and the commission voted 4-0 to adopt the resolution.

Separately, staff presented a memorandum describing the BOT procurement for the parking garage, D-1 baseball diamond relocation and related infrastructure. The RDC’s evaluation committee — which included staff and department directors — reviewed three proposals and “unanimously approved a motion to select Keystone as the preferred offer,” according to the memorandum presented at the meeting. That recommendation requires a public hearing under Indiana Code Section 5-23 (the BOT statute) and approval by the RDC before a public-private agreement can be executed. Staff said the RDC will hold a public hearing at its next regular meeting and, if approved, authorize the executive director to negotiate and execute the public-private agreement; the guaranteed maximum price (GMP) will be submitted for separate RDC review and approval.

Contracts: commissioners also approved an amendment to JS Held’s existing Grand Park project-management services contract to extend services through 2026 and approved a separate new JS Held contract for other city project-management work (Park Street streetscape, Jersey Street coordination, and potential incubator conversion at 18160 Market Court). The new agreement carries a stated total maximum fee of $151,408, as noted by staff. Both JS Held contract measures passed 4-0 after motions and seconds were made during the meeting.

Why it matters: the master development agreement creates the procedural and contractual framework for phased development at Grand Park North, while the BOT procurement — if the RDC proceeds after public hearing and approves a PPA and GMP — would commit a private partner to design, build, operate and transfer public infrastructure under Indiana’s BOT statute. The JS Held agreements provide continuing owner-representative and project-management capacity as multiple infrastructure and redevelopment tasks proceed.

Next steps: staff said a public hearing and formal RDC approval are planned at the next meeting for the BOT selection and authorization to negotiate the PPA; final GMP approval will occur before the RDC signs the GMP under the PPA.