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  5. ›RFP 25-05 16 Bridge St Redevelopment Project

City of Rochester·New Hampshire

RFP 25-05 16 Bridge St Redevelopment Project

Closes 8/14/2024$150k – $300kRequest for Proposal
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Description

The City of Rochester, NH is soliciting proposals for the redevelopment of its 2‑acre, city‑owned parcel at 16 Bridge St. The project requires a developer to acquire the site (price $950k with ARPA grant or $1.7 M without affordable units), provide at least 10 % affordable housing for a 20‑year period, and deliver a mixed‑use development that meets Downtown Commercial zoning standards, includes green/recreational space, and respects the existing river walk easement. Proposals must be submitted as four hard‑copy sets by August 14, 2024, with a Q&A cut‑off of August 8, 2024. The city may offer additional incentives through its 79‑E program, but no construction subsidies are guaranteed. • Purchase price options: $950,000 (with $750,000 ARPA grant contingent on affordable units) or $1,700,000 (no affordability). • Mandatory affordable‑unit commitment: ≥ 10 % of residential units, rent ≤ 80 % of HUD limit, 20‑year compliance. • Required deliverables: site plan, design narrative, affordability plan, management structure, and compliance with DC zoning (setbacks, height ≤ 55 ft, minimum lot area per unit). • Hard‑copy submission only; no electronic bids accepted. • Primary contact: Michael Scala, Purchasing Agent, (603) 335‑7602.

Attached files

Contact

Michael Scala(Purchasing Agent)

(603) 335-7602

Key dates

Opened
7/2/2024
Questions due
8/8/2024
Closes
8/14/2024

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
236220
Solicitation №
RFP 25-05

Budget estimate

$150,000 – $300,000

The solicitation does not disclose a contractor fee, but a developer or consulting firm handling the full design‑build, affordability planning, and project management could earn a fee ranging from 8 % to 15 % of the total development cost (including acquisition). Assuming a development cost of roughly $5‑$7 million (typical for a 2‑acre downtown mixed‑use project), the fee would fall between $150,000 and $300,000. This range reflects variability in project complexity, the inclusion of affordable‑unit requirements, and potential additional incentives from the city’s 79‑E program.

AI estimate from the solicitation

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