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  5. ›REDEVELOPMENT OF 1700 Hughes Street

City of Cincinnati·Ohio

REDEVELOPMENT OF 1700 Hughes Street

Closes 10/15/2024$500k – $2MRequest for Proposal
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Description

The City of Cincinnati is soliciting proposals to redevelop the vacant parcel at 1700 Hughes Street. Offerors must present a vision, design concept, financing plan, and community‑engagement strategy that aligns with city planning goals, historic‑district requirements, and sustainability objectives. The solicitation includes an on‑site vendor tour (mandatory) and a community information session, and the bid deadline has been extended to mid‑October. • Project site: ~0.045 acre, RM‑0.7 zoning (multifamily), historic district location. • Required deliverables: Vision narrative, development plan, financial capacity statement, team credentials, M/WBE participation plan, and all required attachments. • Evaluation criteria: Vision & site goals (40 pts), team experience (30 pts), financial capacity (20 pts), economic inclusion (5 pts), other advantages (5 pts). • Incentives: Possible NOFA grants, CRA tax abatement, and ADDI home‑buyer assistance. • Mandatory participation: On‑site tour on 11 Sep 2024; proposals must be submitted by 15 Oct 2024, 3 PM ET.

Attached files

Contact

Shannon Brower(Buyer)

[email protected]

Key dates

Opened
8/13/2024
Questions due
8/20/2024
Pre-bid meeting
9/11/2024
Site visit
9/11/2024Mandatory
Closes
10/15/2024
Projected award
10/1/2024
Duration
12 months

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
236220
Solicitation №
255X901003

Budget estimate

$500,000 – $2,000,000

No contract value is disclosed, but the land’s fair‑market value is $150,000 and a typical mixed‑use redevelopment of this size in Cincinnati ranges from $1‑2 million in construction and soft‑costs. Accounting for possible city incentives, a reasonable contractor revenue range would be roughly $500,000 – $2,000,000.

AI estimate from the solicitation

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