Request For Proposal - Purchase & Redevelopment of 200 20th Street. Moline, IL

The City of Moline is requesting proposals for the purchase and redevelopment of a City-owned property located at 200-202 20th Street, Moline, IL 61265. The property is approximately 0.53 acres and features a four-story brick and timber structure with a partial lower level basement. The City seeks to rehabilitate the property to bring it into compliance with the Moline Code of Ordinances, make it safe and attractive, and contribute to the revitalization of Moline. Proposals should include a proposed redevelopment concept, experience and capacity, schedule, and price. The City reserves the right to require additional information and to reject any or all proposals. Some key points to consider: • The property is being sold as-is, and the City makes no representation as to its condition. • The property is located in the City's GX-1 zoning district. • The City is seeking an adaptive reuse of the building that considers the highest and best use of the property. • The property is eligible for Tax Increment Financing (TIF) incentives and is located within the proposed Moline River Edge Redevelopment Zone (RERZ) boundary. • All rehabilitation work must be completed in accordance with the Moline Code of Ordinances and applicable state and federal laws.