Description
The City of Presque Isle is seeking qualified developers to create a mixed‑residential community on a 3.27‑acre vacant lot at 30 Federal Street. The developer must submit a conceptual plan that meets density, green space, and energy‑efficiency requirements, and demonstrate financial capacity to execute the project. The City will convey the property “as‑is” via quitclaim deed, and the selected developer will negotiate final terms after selection.
• Minimum 50 % of allowable density (≈17 units) with potential up to 85 % bonus density.
• Required inclusion of green/recreational space and energy‑efficient design.
• Submission includes developer résumé, portfolio, conceptual site plan, schedule, and proof of financial capacity.
• No disclosed payment or funding; developer assumes development risk and will profit from unit sales/rentals.