Transit Street ( Potential Surplus Property for Development )

2026-11-03

The City is considering whether to declare as surplus to the City ’ s needs , and then offering for sale at fair market value , a certain City - owned parcel of land , as described herein , for the purpose of creating avibrant land use that will contribute to the City ’ s economic development goals and further the Renton Downtown Civic Core Vision and Action Plan . The land ( Tax Parcel ID 5696000070 ) is currently subject to an Interlocal Agreement with King County , and has been developed as a busonly street for transit service . It is located between Burnett Avenue South and Logan Avenue South in downtown Renton ( the “ Site ”) ( see Attachment A ). The City is open to possible lot line adjustments , an example of which is shown in Attachment B ; any such adjustments would be subject to City application and permitting processes . Additionally , any proposed lot line adjustment that would expand the property to include any portion of the southern abutting lot would need to ensure that property can function as intended ( e . g ., maintain vehicle access for deliveries , provide an area for refuse containers , etc .). The City envisions the Site will be developed with a vibrant , family friendly , experience - based business drawing high foot traffic on a daily basis . For the purpose of this RFP , “ experience - based business ” means “ a business that provides an activity or product for which a customer must be present and on site to experience .” Experience - based business could include one or more of the following : recreational facilities or athletic facilities , entertainment or educational facilities , or other businesses offering immersive experiences ( referred to as the “ Facilities ” or “ Improvements ”) that will create an experiential use supporting and providing economic benefits to the City and surrounding area but not competing with other uses or businesses in the downtown area . The City also anticipates that the Facilities or Improvements would include public restrooms which the City could lease and maintain , or other public benefits . The City seeks Proposals from parties interested indesigning , constructing , and managing / operating the Facilities . The City welcomes Proposals to further the City ’ s economic development , tourism , and support for local businesses .

Washington

2026-05-14