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HomeMy WebLinkAboutPresentation For the City of Bozeman and Public Library Board of Trustees Re. 11.15.23Bozeman Public Library Board of Trustees 11.15.23 Potential Development Site Bozeman Public Library Public-Private Partnership Left Lane is seeking to partner with the Bozeman Public Library and the City of Bozeman to: ●Increase & improve public parking on the library site via construction of a covered parking facility with lighting and +1 acres of public green space at Left Lane’s sole cost ($11MM construction & ongoing maintenance, taxes and assessments) ●Left Lane would provide an easement through its development site which would allow pedestrians to access the trailhead to the south of the library from Babcock St. ●Left Lane would make a contribution to the Bozeman Community Housing Fund ●Left Lane’s development is expected to generate 200 permanent jobs, 275 construction jobs and +$4MM in incremental property and lodging tax revenue for the city annually, $44MM over the initial ten year period ●In exchange for the above, Left Lane is requesting a partial constraint on the height of the library site to protect views of the residences it will build3 4 HotelResidences 107 Covered Parking273 Spaces Total (+87% / +127 spaces) Library Main Street10’ Wide Pedestrian Access Lane at Ground Level Site Plan 5 Solar Array Covered Parking Public Park New Library Parking Urban Farming 6 7 Library Increased & Improved Parking •New spaces are for public use in perpetuity •Covered spaces with increased user safety •Increased library accessibility in the winter All maintenance, including snow removal provided by Left Lane Current 146 Proposed 273Total Spaces Covered Spaces 107- Current Proposed CoveredParking 146 +127 spaces 8 107 +87% 38 128 9 Library Main Street240 Total Spaces AvailableDuring Parking Structure Construction Step 1: Remove Existing Buildings on Empire site -3 monthsStep 2: Pave temporary parking lot -1 weekStep 3: Excavate and construct new permanent Library parking -6 months Library Parking During Construction: Always Available 120 temporary spaces 120 existing spaces