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HAYWARD — A pizza parlor, a deli, a coffee shop,
a Polynesian-themed restaurant and
42 urban-style condominiums have been added to the mix
of development that could surround downtown's much-anticipated
movie theater.
Excitement surrounding the Cinema Place complex continues
to build as Dublin-based developer Blake Hunt Ventures
prepares to break ground on the 12-screen theater in late
April. But also building up is the redevelopment project's
cost to Hayward taxpayers.
Later this month, Blake Hunt Ventures is expected to
ask Hayward City Council members to help foot the bill
for Cinema Place with a $1.5 million subsidy, City Manager
Jesus Armas confirmed Friday.
If approved, the $1.5 million contribution will be in
addition to the roughly $10 million the city already has
spent to buy the land at the corner of Foothill Boulevard
and B Street, tear down the former Albertsons store there
and construct an adjacent 237-space public parking garage
that is scheduled to be completed in June.
Armas said Hayward's redevelopment fund, which is kept
in a different pot from the general fund that pays for
day-to-day city operations, can handle the extra cost.
"Over the years, we've been careful about where
we've committed our resources," Armas said.
Construction costs have escalated nationwide since the
project was originally proposed, and city officials say
delays were caused when Texas-based Cinemark Holdings
acquired San Rafael-based Century Theaters in October.
Blake Hunt Ventures, which already had an agreement settled
with Century, had to resubmit its plans to the new owner.
Jim Wright, Blake Hunt's senior vice president, declined
to talk about the money request until it officially appears
before council members in late March.
But he said his company is gearing up to begin construction
and is pleased with the restaurants it has already been
able to attract to the center. Along with the multiplex,
Cinema Place has space for up to nine different small
restaurants or stores fronting B Street, across from Buffalo
Bill's Brewpub.
Already signed up to open are growing chain franchises
Saxbys Coffee and Red Brick Pizza, and a restaurant called
Tiki Grill, Wright revealed last week. The developer also
has signed an agreement with a new deli chain that remains
undisclosed because the business has not yet launched.
But perhaps the most surprising downtown news is that
a Redwood City-based company, Matteson Realty, wants to
buy and manage Cinema Place after it is constructed and
build a
42-unit condominium complex nearby Main and C streets.
The condos, if built, would be next to the Green Shutter
Hotel building, across C Street from the main Hayward
Fire Station. Currently, the site is occupied by a parking
lot and a small building that city administrators have
described as "nondescript and nonhistoric."
John Baer, a senior vice president for Matteson, said
he believes new downtown housing will mesh well with the
future Cinema Place. The design for the condo project
was unveiled to some city officials last week.
"We were looking for cues from the older buildings
downtown," Baer said. "We didn't want to make
this appear too classically residential, with pitched
roofs and petunias in front. We wanted it to blend more
with the commercial surroundings."
As for the Cinema Place project, Baer said it might be
too early to predict what type of businesses choose to
move into the remaining spaces, since many companies like
to see a project built before they make a commitment.
The cinema and surrounding restaurants and stores won't
actually be ready to open until late 2008.
City Councilman Bill Ward said Tuesday that he would
love to see Cinema Place's biggest retail vacancy —
a 7,000-square-foot, second-floor corner unit with a covered
deck overlooking B Street — turn into a music venue
along the lines of Yoshi's, the Oakland jazz club and
restaurant. |