MASON CITY – There is a stunning new development with Mason City’s downtown Renaissance Project: It will be Philip Chodur’s G8 versus David Rachie’s Gatehouse in a 3-hour bid-off Monday morning at city hall to choose the all-important hotel developer.
In a deal that seems to never stop changing, Mason City has pursued the downtown Renaissance Project for years. Even as voters approved millions in General Obligation bonds to finance the project, it is still morphing; plans for the hotel were only recently submitted by the developer of choice – Gatehouse. The latest development is a last-ditch attempt in the final hours of bid acceptance from Philip Chodur’s G8 Development. Mr. Chodur – who has a lawsuit against the city and Robin Anderson for alleged meddling in the deal – has submitted a proposal just as the bidding process was coming to a close. Months ago, the city selected David Rachie’s Gatehouse Mason City, LLC as the developer of choice. The city then re-opened the bidding. Now, Mr. Chodur is back.
As explained to NIT by a council member Wednesday morning, a three-hour bidding process will open Monday morning at 9 AM at city hall. Noon is the bidding deadline. City staff will hear proposals from Rachie’s Gatehouse and Mr. Chodur’s G8. Back and forth city staff will go. Final proposals will then be considered by city staff. A recommendation for the best proposal will then be made to the city council. At a hastily-arranged meeting set for 7 PM that same Monday night, November 27, the council will be presented with staff’s recommendation and then vote on the proposal of choice.
“We will have a bid off on Monday. The final results of that bid off will be compared, and a recommendation will be given to City Council. As with all recommendations, City Council can accept or decline the recommendation and go with the other bidder. That will take place Monday night,” said acting City Administrator Kevin E. Jacobson.
That choice will be the developer of the hotel component in the Renaissance Project – which includes a skywalk, museum, convention center, pavilion, and multi-use arena.
More to come.