Rendering courtesy ofÂ Morrison Kattman Menze, Developer
There is a bid and proposal opening scheduled tomorrow afternoon at 4 pm by the Redevelopment Commission for the Superior Street Row project. Â As you may remember, the City had been involved in negotiations with developers concerning this project. Â The talks hit a snag with the developers insisting that the RFP, as written, gave them the option of purchasing the entire parking lot. Â This would have then been used as collateral by the developers to assist in securing financing for the project. Â Redevelopment Executive Director Greg LeathermanÂ stated that was not the intention of the RFP. Â This was during the December 15, 2008 Redevelopment Commission meeting.
During the February 16, 2009 Redeveloment Commission Meeting, held at Parkview Field, it was announced that a decision had been made to reissue the RFP, this time with no mention of the land being available for transfer. Â On the Redevelopment’s section of the City website is the following on theÂ RFP’S, RFQ’S, Â BIDS & PUBLIC OFFERINGS page:
Due Date: March 30, 2009
Title: Â Superior Street Row Mixed Use Residential / Retail Development Project
Description: Solicitation to submit a proposal and bid to purchase approximately 18 acres along the east 200 block of Superior Street
More information as it becomes available. Click here for other AFW Blog posts on this subject.