HERCULES -- The City Council on Tuesday extended to July 31 the consummation of a deal with Safeway to build a grocery store on the 11.44-acre Sycamore Crossing tract.
A staff report had recommended an extension to mid-September. But Councilwoman Sherry McCoy moved to adopt an amended resolution with a less-expansive deadline.
In January 2012, the city agreed to sell the tract, bounded by Sycamore Avenue, San Pablo Avenue and Tsushima Street, for roughly $9.27 million to Property Development Centers, a Safeway subsidiary. Sycamore Crossing has variously been described as being 13.3 acres or 11.44 acres in size.
Now Safeway wants to renegotiate the price, in consideration of the more expensive cost of building an urban-style, two-story Safeway store with parking on one level, on an approximately 3.2-acre portion of the site. A deed restriction placed on the larger portion of the tract by a previous owner bars a grocery store.
The council approved McCoy's motion without any discussion by a 4-0 vote; Councilwoman Myrna de Vera was absent. There was no mention of any possible deal terms or other details.