The Island: SunCal withdraws extension request

Excerpt:

SunCal has withdrawn its request that the city extend the term of the exclusive negotiating agreement it holds to ink an Alameda Point development deal by two years. The City Council, sitting as the Alameda Reuse and Redevelopment Authority, had been set to make a decision on that request tonight. City staff recommended the council deny the request.

The council had also been set to decide whether to rescind a notice of default the city issued to SunCal on February 5. But the developer e-mailed city staff Friday to ask that the decision be postponed until the developer can talk further with the city, Interim City Manager Ann Marie Gallant told The Island on Monday. Gallant said city staff have asked the developer to provide a more detailed request in writing, and she’s hopeful the city will get that sometime today.