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City of Fayetteville·Arkansas

Parcel 2 (South Fayetteville Field Site) - Property Sale/Lease & Development

Closes 11/18/2025$5M – $20MRequest for Proposal
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Description

The City of Fayetteville is seeking proposals from qualified firms and/or development teams for the purchase or lease, and development of approximately an 8.7-acre tract of land owned by the City of Fayetteville. The goal is to provide long-term attainable or workforce housing. Key aspects of the proposal include: • Development of an 8.7-acre tract of land • Provision of long-term attainable or workforce housing • Purchase or lease of the land from the City of Fayetteville • Development teams or firms must be qualified and experienced in similar projects

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Amanda Beilfuss

[email protected]

Key dates

Opened
9/21/2025
Questions due
11/11/2025
Closes
11/18/2025

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
RFP 25-21 Addendum 3

Budget estimate

$5,000,000 – $20,000,000

Based on the development of an 8.7-acre tract of land and the goal of providing long-term attainable or workforce housing, the budget for this project could range from $5 million to $20 million. This estimate considers the cost of land acquisition, construction, and development, as well as the potential revenue from the sale or lease of the developed properties. Factors influencing the budget include the type and density of housing, construction costs, and the demand for housing in the area.

AI estimate from the solicitation

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