Arthur Street and Kimball Avenue Development Proposals (Rfp)

• Country: USA
• Summary: Arthur Street and Kimball Avenue Development Proposals (Rfp)
• UST Ref No: 115062689
• Deadline: 17 Mar 2025
• Financier: Self Financed
• Purchaser Ownership: Government
• Tender Value: Refer Document
• Notice Type: Tender
• Document Ref. No.:
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• Description:
• URBAN RENEWAL AGENCY OF THECITY OF CALDWELL, IDAHOArthur Street and Kimball Avenue Request for Proposals (RFP) INTRODUCTIONThe Urban Renewal Agency of the City of Caldwell, Idaho, hereinafter referred to as (“Agency”) is requesting proposals from interested parties in serving as the developer of the property located generally easterly of the intersection of S. Kimball Ave and Arthur Street in downtown Caldwell (the “subject property” or “property”). Responsive proposals to this request (“RFP”) must demonstrate financial capacity, and a workable planning and business framework for redevelopment of the subject property into a robust addition to the on-going redevelopment of historic downtown Caldwell. The review process is an evaluative assessment of the potential of each proposal and will more favorably consider responses demonstrating the respondent-s ability to develop the project expeditiously. Preference is given to projects that engender street vitality with complimentary and active mixed uses regardless of the specific type of each use. Development must be consistent with the vision and other principles described herein and in the Agency-s Plan, a copy of which can be obtained by contacting the Agency.This RFP is a competitive proposal process. After reviewing the responses to this RFP and potentially interviewing parties who have submitted responses (“Developers”), the Agency anticipates selecting one responding team (“Preferred Developer”). The process and criteria that will be used to make the selection are described herein.The Agency and the Preferred Developer will negotiate in good faith to reach agreement on the development requirements and execute a Disposition and Development Agreement (“DDA” or “Contract”) that sets out the terms for the parties to move forward. The DDA represents a first step in defining business terms as well as the process by which Agency and the Preferred Developer will work collaboratively to formulate a fully articulated develop...
• Documents:

 Tender Notice