Description
The City of Lynchburg is seeking proposals for the purchase and development of 147 Mill Ridge Road. The property is a 5-acre site with a 42,550 SF building, zoned I-2C (Light Industrial, Conditional). The City is looking for a developer to purchase and redevelop the site for industrial, office, manufacturing, research and development, or workforce training uses. The proposal should include a conceptual development narrative, project timeline, qualifications, and financial capacity. The City will evaluate proposals based on factors such as project use and compatibility, capital investment, job creation, and project readiness.
• The property is being sold as-is, and the City may assist with rezoning or permitting processes.
• The developer will be responsible for all aspects of the project, including pre-development planning, design, and financing.
• The project should create quality jobs and have a meaningful economic impact.
• The developer should have experience with successful redevelopment projects.
• The proposal should include a detailed schedule, budget, and financing plan.