The city of Oakley, in its role managing the assets of its now-defunct redevelopment agency, is accepting bids on two parcels in the downtown shopping center it's upgrading.
One of the parcels for sale at the center bounded by Vintage Parkway and Main Street features the CentroMart grocery store; the other is an approximately 3-acre site at the rear of the center that has a strip mall with room for 11 tenants.
Bids on both properties are due by May 9, and the City Council, acting as the "successor agency," is expected to choose the winning offers by its June 5 meeting.
The city has indicated that the highest bidder won't necessarily be the one that ends up signing the purchase agreement. Whichever business moves into the grocery store's building must be in keeping with Oakley's plans for retail development.
CentroMart is leasing its building from the city, which bought an approximately 7 -acre site from the company in 2011 in preparation for making some major improvements to the shopping center.
CentroMart's lease expires in February 2013.
The city already has started building a two-story restaurant at the Vintage Parkway intersection along with a small adjoining structure that will house one or two retail stores depending on how much space the business needs.
That part of the project is expected to be finished by late November.
The city also will create a central plaza and build a second, smaller restaurant to
CentroMart's outdated facade also will be replaced.
Contact Rowena Coetsee at 925-779-7141.