Details are released of a proposed $209 million dollar Northgate district development if land is sold by the College Station city council. The agenda for Thursday’s (January 9) council meeting includes possible action on the land sale to a private developer. That follows a public hearing on future development in Northgate. Associated with the land sale, the agenda includes a 132 page document from the proposed developer. The proposal includes a multi-family high rise residential building which does not disclose the number of floors. There is also a building for retail, another building for a police substation, a ride share pickup and dropoff area, a public plaza with restrooms, space to store trash containers, and a parking garage containing 878 spaces with 100 for city use and revenue would be split between the city and the developer. The proposal shows the developer will spend nearly $156 million dollars in direct construction costs, almost $41 million in soft costs, and the $13 million dollar cost to buy the land. Breaking down the overall direct construction costs, $151 million is direct costs, $3.7 million is for the city’s 100 parking spaces, $525,000 is towards the police substation, and $450,000 is towards public restrooms. Breaking down the overall soft costs, the developer will pay $3.9 million to the city of College Station for permits and other fees, $1.1 million will be paid in property taxes during construction, and the remainder will go towards other soft costs. Before the council considers the sale, the governing body will receive an update from city staff and take public comment regarding planning efforts for the entire Northgate district. Click HERE to read and download the proposed land sale contract. Click HERE to read and download pages 1-44 of the development proposal. Click HERE to read and download pages 45-88 of the development proposal. Click HERE to read and download pages 89-132 of the development proposal.