Description
The City of Tulsa is seeking a qualified developer to design, build, and operate a mixed‑use development on a 2‑acre riverfront site that will anchor a Route 66 Interpretive Center, parking, restaurant/retail, and iconic architecture, with optional hotel, residential, or office components. The scope requires detailed architectural plans, a pro‑forma business plan, financing strategy, and a 10‑year financial projection, all delivered within a 30‑page main proposal (plus appendices). The city will provide $5 million in public funding and a long‑term ground lease, while the developer must assume tax responsibilities and meet a 10 % Small‑Business‑Enterprise participation goal. Critical dates include a mandatory pre‑proposal virtual meeting on Nov 9 2021, question deadline Nov 23 2021, and a final sealed‑bid submission deadline of Jan 19 2022.
• Core elements: Route 66 Interpretive Center, on‑site parking, restaurant/retail, and signature architecture; optional hotel, residential, office.
• Required deliverables: detailed design drawings, business/financial plan, development budget, financing plan, 10‑year ROI analysis, management plan, schedule.
• Funding & incentives: $5 M city incentive, ground‑lease land, developer responsible for taxes and equity; must demonstrate audited financial capability.
• Mandatory participation: 10 % SBE utilization for any public‑funded portion; mandatory pre‑proposal meeting; notice‑of‑intent required by Nov 3 2021.
• Contract terms: 1‑year initial term with up to four optional 1‑year renewals; evaluation based on understanding, qualifications, financial resources, and compliance.