Concord committee rejects connectivity hub referral
At a glance
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The Housing and Economic Development Committee unanimously decided not to refer the proposed public-private partnership for the Concord Center for Connectivity at 2000 Clayton Road to the full City Council. The staff report said the financing concept could involve up to $250 million in tax-exempt lease revenue bonds and could create enforceable debt-service obligations for the City if project revenues fall short.
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What this means
The committee reviewed a proposal from Lattice Industries for a regional innovation hub at 2000 Clayton Road and heard staff explain possible financing structures and risks. After the presentation, questions, and public comments, the committee voted unanimously not to send the proposal to the City Council for further review. For residents, that means the project did not move forward from this committee meeting to the next level of City consideration.
Key decisions
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- Heard staff’s report on the proposed public-private partnership for Concord Center for Connectivity at 2000 Clayton Road.
- Received questions and comments from Lattice Industries representatives, committee members, and two public speakers.
- Unanimously decided not to refer the item to the full City Council for further consideration.
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Meeting information
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Housing & Economic Development Meeting on April 29, 2026
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