Description
The Johnson City Development Authority (JCDA), with assistance from Hunden Partners, is seeking a qualified developer to lead the full redevelopment of the historic John Sevier Center and the adjacent Downtown Centre parking/retail structure. The developer will be responsible for concept creation, design oversight, financing (including public‑sector tax credits and grants), construction management, and eventual ownership/operation of a boutique hotel and mixed‑use components. The RFQ is a qualification‑only stage; shortlisted firms will be invited to submit a full RFP in early 2025.
• Scope covers historic hotel adaptive reuse (potential boutique hotel with optional condominiums) and activation of 38,000 sq ft of ground‑floor commercial space in the Downtown Centre.
• Required capabilities include demonstrated experience with historic preservation, hotel development, complex financing (historic tax credits, NMTC, QOZ, TIF), and ability to assume long‑term ownership/operation.
• Financial qualifications (audited statements, banking references, capital‑availability statement) are mandatory; no project budget is disclosed.
• Key dates: RFQ issued Dec 4 2024, questions due Dec 18 2024, submissions due Dec 31 2024; RFP expected Q1 2025, award likely Q2 2025, possession of property Q4 2025.
• All communications must go through [email protected]; direct contact with JCDA or City staff is prohibited.