Redevelopment of Land Located Along Mohawk Street (2)

The City of Council Bluffs is inviting proposals for the purchase and development of an approximate 2.22 acre parcel of land in the Lake Manawa Neighborhood. The property is intended for the development of a two-family attached housing project consisting of approximately 22-24 units. The city's Community Development Department is seeking developers interested in contributing to the area's residential growth. The development should focus on creating a two-family residential environment with low-density housing and residential attached units. • The property is zoned R-3 Low Density Multi-Family Residential District with a Planned Residential Overlay. • The selected developer will be required to submit detailed development plans that address all R-3 District, PR Overlay, and Development Standards. • The city will work with the developer to final plat the site as a preliminary subdivision plan has already been approved. • The property may be eligible for Tax Increment Financing and/or property tax exemption, and will be negotiated by the city on a project-specific basis. • The city has entered into a HOME consortium agreement with the City of Omaha, which results in receiving annual funds from the Home Investment Partnership Program (HOME).