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  5. ›RFP for "Downtown Commons" Mixed-Use Development Opportunity

City of Merced·California

RFP for "Downtown Commons" Mixed-Use Development Opportunity

Closes 9/9/2016$10M – $50MRequest for Proposal
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Description

This solicitation seeks proposals from qualified developers to design, construct, and manage a mixed‑use “Downtown Commons” development that will serve as a central hub for commercial, residential, and public‑space uses. The opportunity is intended for entities with experience in large‑scale, urban, mixed‑use projects and the ability to coordinate with local economic development officials. • Scope includes site planning, architectural design, construction, and post‑construction operations for a mixed‑use development (retail, office, residential, and civic spaces). • Proposals must address financing, phasing, sustainability, and integration with existing downtown infrastructure. • The city expects a project that revitalizes the downtown core, stimulates economic activity, and creates public amenities. • Applicants must submit a complete RFP package by the close date; the bid is now closed. • Evaluation will focus on developer experience, project feasibility, design innovation, and community impact.

Attached files

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

Key dates

Opened
7/6/2016
Closes
9/9/2016

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
236220
Solicitation №
09092016

Budget estimate

$10,000,000 – $50,000,000

Given the typical scale of downtown mixed‑use projects, the total contract value is likely to be in the multi‑tens of millions. A comparable downtown redevelopment in a medium‑size U.S. city often ranges from $10 million to $50 million, depending on land cost, building size, and scope of public amenities. Therefore, the estimated budget for the winning developer is roughly $10 M–$50 M. Factors influencing the range include the final square footage, level of finish, financing structure, and any public‑private partnership incentives.

AI estimate from the solicitation

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