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  5. ›RFP26C-14: 5454 HOHMAN AVE

City of Hammond·Indiana

RFP26C-14: 5454 HOHMAN AVE

Closes 10/6/2026$100k – $500kRequest for Proposal
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Description

The City of Hammond’s Redevelopment Commission is seeking a qualified developer to purchase and fully redevelop the 5454 Hohman Avenue parcel (minimum bid $1.7 M). The winner must submit a comprehensive development package—including vision, design concepts, budget, schedule, qualifications, and a 5 % earnest‑money deposit—by the stated deadline. The project will be publicly opened and read aloud on the same day. • Minimum purchase price: $1,700,000 with 5 % ($85,000) earnest‑money deposit. • Required deliverables: qualifications, organizational chart, portfolio, proposed budget and schedule, schematic design documents, and vision statement. • Submission format: one original plus five copies in a sealed, labeled envelope; bids opened publicly at 3:30 p.m. on October 6 2026.

Attached files

Contact

Anne Taylor(Executive Director of Planning & Development)

[email protected]

(219) 853-6508

Key dates

Opened
7/31/2026
Closes
10/6/2026

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531120
Solicitation №
RFP26C-14

Budget estimate

$100,000 – $500,000

The city’s purchase price is $1.7 M, and the developer will need to fund design, permitting, and construction. Professional consulting fees for vision, design, and project management typically range from 3‑5 % of total development cost. Assuming a modest $10 M total development budget, the consulting portion could be $300k‑$500k. A more conservative estimate for a smaller scope ($5 M) would be $150k‑$250k. Thus, a realistic budget range for a qualified development team is roughly $100,000 to $500,000, depending on the scale of design and management services provided.

AI estimate from the solicitation

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