City staff members plan to move forward with negotiations with Steve Rohrbach and Marc Moen to develop the Chauncey at the intersection of College and Gilbert Streets, according to a city memorandum released Thursday.

City officials expect a development agreement to go before the Iowa City City Council in two to three months.

The next steps include negotiating a development agreement with Rohrbach, rezoning the property, and preparing the final design and construction plans.

The Chauncey proposal includes residential and office space as well as entertainment venues, with a focus on the latter. The 20-story building would also include two FilmScene theaters.

The City Council selected the Chauncey as its preferred development for the site on Jan. 8.