Paddock proposes RFQ to attract developer for 202 E. Moore (Chapman Building); would transfer ownership to developer

Paddock staff described a proposed request for qualifications (RFQ) to seek a private developer to renovate the Chapman Building at 202 East Moore Avenue.

Raelynn told the board she has multiple local developers interested and that the city would transfer ownership of the building to the developer as part of a development agreement. The expectation outlined in the draft RFQ is that the exterior would be renovated immediately (the city and staff emphasized the need for a visible exterior improvement on Moore Avenue) and the developer would have up to five years to complete interior build‑out. The first floor would be required to remain retail; staff estimated roughly 3,000 square feet per floor and described the building as large enough to accommodate a substantial restaurant or other commercial tenant.

Board members discussed incentives, timeline and safeguards. One board member recommended a tiered incentive—larger incentives for faster completion—to reduce the risk of a future low‑quality tenant occupying the space. A question about conflicts of interest and the city’s role was raised; staff clarified that the building would be transferred to the developer and would return to the tax rolls upon transfer.

Why it matters: The Chapman Building occupies a prominent downtown location; the proposed public‑private approach is intended to restore a prominent façade on Moore Avenue and catalyze further downtown investment.

Next steps and conditions: Staff said an RFQ could be released and that responses would be evaluated; the board discussed whether Paddock wishes to partner on the exterior renovation costs as a one‑time incentive. The board did not take formal action at the meeting but asked staff to refine the RFQ and consider incentive structures that reward rapid exterior and first‑floor activation.