Chair Louis questions business relocation consultant and tenant interest
Chair Louis asks about the relocation consultant for existing businesses and whether any have expressed interest in returning. Imam Rashid confirms a couple of businesses have engaged with the relocation specialist over the past two weeks. Downing adds the consultant operates in compliance with the Uniform Relocation Act due to the HPD financing.
I understand that you have hired a relocation consultant to assist with existing businesses within relocation.
Have any businesses utilized this resource and have any businesses expressed interest in returning to the new development?
Yes, we have a couple of businesses that express interest in returning, and they have engaged over the last two weeks, and they're still figuring out what they want to do.
But they have spoken to the relocation specialists, and that's still a work in progress.
And just to add to that, the relocation specialist is doing things in compliance with the Uniform Relocation Act without compliance because of the...
The financing execution for the site.
So those meetings are taking place.
All commercial tenants have access to the consultant to work collaboratively with them so that we can figure out a plan for their temporary relocation or permanent relocation if they so choose not to come back.
All right.