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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting -March 10, 2006 <br />6. NEW BUSINESS (CONT.) <br />B. South Bend Central Development Area <br />(} continued... <br />Written Answer: Eco-Urban <br />Collaborative'srnnfidence is based on the <br />responses it has gotten during the focus <br />groups it has conducted, as well as the <br />outpouring of interest it has received as a <br />result of the media coverage associated <br />with this public bidding process. Eco- <br />Urban is also aware of market research in <br />Mishawaka that confirms its findings. <br />This confidence is also based on the <br />recent history of sales on Hill Street and <br />the fact that this development is located <br />much more centrally. <br />7. Description of proposed development - <br />timeline outlining when major development <br />actions will occuN <br />a) Please provide a timeline for the major <br />development actions described as <br />"Phase I" in your proposal. <br />Written Answer: The schedule for our <br />project is dependent upon receiving <br />approval from the City to proceed and <br />also will be impacted by the time of year <br />as a result of the timing of that decision. <br />If a decision is made in a reasonable time <br />frame, we anticipate construction starting <br />in March of 2007, with the completion of <br />Phase I planned for October to November <br />of 2007. Phase II would ideally start <br />construction in March of 2008 and <br />complete construction by March of 2009. <br />The following is given in months rather <br />than specific dates due to this uncertainty: <br />25 <br />