Bohannon project schedule delayed
The approval process for the million-square-foot Menlo Gateway office/hotel development proposed by develop David Bohannon has been delayed, as Menlo Park works to revise its analysis of greenhouse gas emissions generated by the project.
City management originally expected to present the City Council with a draft term sheet at its Feb. 23 meeting following negotiations with the Bohannon Development Co.
Now, the city hopes to do so in early April, and to prepare the project for a final vote prior to the council's summer recess.
The shift could mean a crowded agenda for the council and Planning Commission in late spring and early summer, as the city unveils preliminary long-term plans for the downtown area, and works to pass a budget for the 2010-11 fiscal year.
Time is money for a business and here go another 2-3 months at least.
And after the greenhouse gases report then someone will ask for a report on the impact of the project on world peace.