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  1. Bid Banana
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  5. ›REDEVELOPMENT OF 3591 ROLL AVENUE

City of Cincinnati·Ohio

REDEVELOPMENT OF 3591 ROLL AVENUE

Closes 8/3/2023$200k – $500kRequest for Proposal
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Description

The City of Cincinnati is seeking a qualified developer to acquire and redevelop the vacant 0.06‑acre parcel at 3591 Roll Avenue. The proposal must include a financial offer that meets or justifies the FMV of $5,500 and a detailed development plan that complies with the ML zoning district, aligns with Plan Cincinnati, and incorporates community‑engagement and economic‑inclusion strategies. The developer will be responsible for all site work, including a required water‑main upgrade, securing water service, and meeting any conditional approvals from city agencies. No construction budget is prescribed, so bidders must present a realistic financing plan and demonstrate capacity to deliver the project. • Required deliverables: title page, team credentials, project description, conceptual plans, financing plan, site‑goal alignment, and mandatory appendices. • Evaluation criteria (100 points): capacity & experience (25), vision for the site (25), financial capacity & financing plan (30), economic‑inclusion goals (10), other advantages (10). • Key constraints: must conform to ML zoning, fund the water‑main upgrade, and obtain all necessary permits before construction.

Attached files

Contact

Shannon Brower(Buyer)

shannon.brower@cincinnati‑oh.gov

(513) 352-4793

Key dates

Opened
4/3/2023
Questions due
7/21/2023
Closes
8/3/2023
Projected award
9/1/2023

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531310
Solicitation №
RFP1099CED3591ROLL

Budget estimate

$200,000 – $500,000

No explicit contract amount is disclosed; the only monetary figure is the $5,500 FMV for the land. However, the scope includes demolition, design, a water‑main upgrade, and construction of a mixed‑use or low‑impact manufacturing project on a ~2,500 sq ft site. Based on comparable small‑site redevelopment projects in Cincinnati, total development costs (excluding land) typically range from $200k to $500k, with the city potentially providing grant or tax‑abatement incentives that reduce net developer outlay. Assuming the contractor’s fee is 10‑20% of total project cost, the expected earnings for a consulting/development firm would fall roughly between $20k and $100k. To give a broader estimate for the full redevelopment contract (including design‑build services), a reasonable budget range is $200,000‑$500,000.

AI estimate from the solicitation

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