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02/14/2018 - Mardi Gras Bay Street Bash PRESS RELEASE FOR IMMEDIATE RELEASE CONTACT: Community Development February 14, 2018 (360) 874-5533 Mardi Gras Bay Street Bash Tickets Provide link for more information In support of bay street bash City employees celebrated mardi gras PORT ORCHARD, WA – In late 2017, the City of Port Orchard declared the city-owned 640 Bay Street property as surplus. Soon after, the City published a request for proposals seeking redevelopment proposals for the property. On February 13, 2018, the City Council declared a proposal to redevelop the property as submitted by Waterman Investment Partners, LLC to be the winning proposal and authorized the mayor to begin negotiating for the redevelopment and sale of the property. The development as proposed by Waterman Investment Partners, LLC consists of a 5-story mixed use building containing +/- 44 residential dwelling units and nearly 12,000 square feet of commercial space. The concept was designed by Bremerton Architect Rice Fergus Miller and the proposed contractor on the project is Bremerton based Sound West Group and the Port Orchard based BJC Group. The proposal suggests a preliminary commitment for commercial tenants including a new restaurant and for a new Kitsap County library. Project renderings are shown as follows: ### Press Release: 640 Bay Street Page 4 of 4 City of Port Orchard City Clerk 216 Prospect Street, Port Orchard, WA 98366 Voice: (360) 876-4407 ( Fax: (360) 895-9029 cityclerk@cityofportorchard.us www.cityofportorchard.us