Redevelopment Work Clause Samples
The 'Redevelopment Work' clause defines the rights and obligations of parties regarding construction, renovation, or significant alterations to a property. Typically, it outlines the scope of permissible redevelopment activities, the process for obtaining necessary approvals, and any restrictions or conditions that must be met before work can commence. For example, it may specify notice periods to tenants, requirements for minimizing disruption, or standards for restoring the premises after work is completed. This clause serves to clarify expectations and responsibilities, thereby reducing disputes and ensuring that redevelopment activities are conducted in an orderly and agreed-upon manner.
Redevelopment Work. Following the Effective Date, Lessee shall perform certain redevelopment and renovation work (collectively, the “Redevelopment Work”) with respect to the Property as set forth in the County-approved Conceptual Plans, Budget, Construction Schedule, Marketing Plan, Financial Plan and Management Plan attached to this Lease as Exhibit B (collectively, the “Approved Proposal Submittals”). Lessee shall perform the Redevelopment Work for the Property in accordance with (a) the Approved Proposal Submittals, as same may be revised from time to time in accordance with this Lease, (b) the Final Plans and Specifications, as same may be revised from time to time in accordance with this Lease, (c) all governmental permits and conditions for approval thereof including, without limitation, the LCP and CDP, (d) Lessee’s obligations under this Lease, (e) all Applicable Laws, (f) the terms and conditions of the Assumed Contracts, and (g) consistent with the Permitted Uses set forth in Article 3 above.
Redevelopment Work. Promptly following the Effective Date, Lessee shall perform certain redevelopment and renovation work with respect to the Premises set forth in the Redevelopment Plan attached to this Lease as Exhibit B (the “Redevelopment Plan”), including without limitation, (a) demolition of all existing landside facilities (totaling approximately 14,724 square feet) including office, retail, boat repair and support buildings, surface parking, landscaping and all marina slips on the Premises; (b) construction of new marina with approximately 143 slips and 5 end-ties, with the new docks being of a first-class, then-current state of the art quality and design that is at least commensurate in quality and design to the then- current state of the art Bellingham-type or equivalent quality facilities, as such facilities evolve prior to the submission by Lessee of the preliminary plans and specifications for the construction of the new docks under Subsection 5.3.2; (c) construction of landside facilities totaling approximately 83,810 square feet that consist of the following: (i) open dry storage boat racks that accommodate storage of approximately 56 boats; (ii) yacht club of approximately 1,150 square feet and adjoining boat repair shop of approximately 700 square feet; (iii) specialty market of approximately 13,625 square feet; (iv) one two-story building containing approximately 43,792 square feet that includes a marine supply store of approximately 25,000 square feet located on the first floor and other space such as a boater laundry, boat brokerage space, boater facilities, marina administration offices and a community room located on the second floor; (v) retail of approximately 13,530 square feet in addition to the above specialty market and marine supply store; (vi) restaurant space of approximately 9,855 square feet; and
Redevelopment Work. Promptly following the Effective Date, Concessionaire shall perform certain redevelopment and renovation work with respect to the Premises set forth in the Facility Improvement Plan attached to this Contract as Attachment No. 2 (the “Facility Improvement Plan”), including without limitation, (a) [THE LANGUAGE FOR THE REDEVELOPMENT WORK TO BE INSERTED UPON RECEIPT FROM THE CONCESSIONAIRE] as a condition to the issuance of the entitlement approvals or building permits for the Redevelopment Work (collectively, the “Redevelopment Work”). Director shall have the authority to approve modifications to each of the above approximate square footages for various components of the Redevelopment Work. The Redevelopment Work shall be performed in accordance with the Facility Improvement Plan and the Final Plans and Specifications for the Redevelopment Work as established under Subsection 5.3.3 of this Contract to the extent that the Final Plans and Specifications for the Redevelopment Work are not approved by Director until after the Effective Date). Concessionaire shall be responsible for the acquisition of and compliance with all required governmental (including, without limitation, County, California Coastal Commission and California Department of Parks and Recreation) planning and entitlement approvals required to perform the Redevelopment Work.
Redevelopment Work. As set forth above, the Developer agrees to redevelop the Premises and complete the Project in accordance with this Article. The Estimated Project Cost of the above-listed items for the redevelopment are specifically set forth in Schedule 2 attached hereto. Developer will comply with any and all nationally accepted standards for the Project. Furthermore, Developer shall abide by all representations and warranties set forth herein. All material and equipment furnished in connection with this Article and otherwise in this Agreement, shall be new and otherwise of good quality.
Redevelopment Work. A. Landlord shall diligently seek and obtain all necessary public approvals for the redevelopment of the Building (except Tenant’s Permits), and Landlord shall keep Tenant timely informed of its progress in securing such approvals. Without cost to Tenant, Landlord shall perform, in accordance with the Construction Schedule (defined below) and pursuant to plans to be approved by Tenant, all of the following work to the Building (the “Landlord’s Work”), which work shall be accomplished in compliance with all requirements of the Redevelopment Agreement, the City of Chicago Department of Planning and Development, the Commission on Chicago Landmarks, the Secretary of Interior’s Standards for Rehabilitation of Historic Buildings (if applicable), and the Chicago Landmarks Ordinance:
(i) reconstruct and install 1954 “onion domes” and reconstruct and install cornice over the central portion of the east facade,
(ii) restore all existing stained glass (Tenant shall be responsible for any damage caused by Tenant or its contractors during the course of Tenant’s Work);
(iii) clean all existing windows, replace damaged or missing glass lites with glass of like kind; reglaze all glass that is loose or has cracked or is missing portions of glazing putty; scrape, sand or wire-brush all existing exterior metal window sash and trim to clean off all loose or flaking paint; prime prepared surfaces with one coat of rust inhibiting paint and apply two coats of high quality alkyl enamel paint; remove all existing sealant or caulking between the window and the masonry opening and reseal with compatible sealant (Tenant shall be responsible for lowering the s▇▇▇▇ of the first floor windows and modifications or replacement of first floor exterior entrance doors); Medinah Temple Lease 14
(iv) restore eight balcony railings to the locations detailed on the Elevation Plans attached to this Lease as Exhibit E;
(v) perform cleaning, tuck pointing and masonry repair of the exterior facade of the Building on all four building elevations (including masonry repairs reasonably necessary to allow attachment of Tenant’s exterior signage to the facade);
(vi) replace or cause the City to replace the sidewalk (including structural elements, as necessary) adjacent to the Building on Ohio and Ontario Streets no later than November 1, 2001 so as to (x) be new and uniform on all three sides of the Building, (y) render the vaults beneath the sidewalks structurally sound and watertight to the reasonable s...
Redevelopment Work. Promptly following the Effective Date Lessee shall commence the performance of the Redevelopment Work on the Premises described in the redevelopment plan attached to this Lease as Exhibit B (the “Redevelopment Plan”). The construction work described in the Redevelopment Plan, along with all associated improvements, hardscape, landscape and other site work approved by County and to be performed in connection with the work described in such Redevelopment Plan, is referred to herein as the “Redevelopment Work.” The Redevelopment Work shall include, without limitation, the construction of the following: