RFP25C-2: 5266 Hohman Ave

The City of Hammond Redevelopment Commission is selling a publicly owned parcel (5266 Hohman Avenue, Hammond, IN) and soliciting redevelopment proposals. Interested parties must submit a sealed proposal that includes detailed development plans, a 5 % earnest‑money deposit ($13,875), and required documentation. The sale is contingent on the buyer providing title, assuming existing leases, completing any needed environmental remediation, and obtaining all governmental approvals. The transaction must close within 90 days of signing the purchase agreement. • Minimum purchase price: $277,500; earnest‑money deposit required (5 % of price). • Proposals due September 2 2025 4 p.m.; opening September 2 2025 4:30 p.m. at the HRC meeting. • Buyer must handle title insurance, lease assignments, environmental cleanup, permitting, and full development of the site. • Two original proposals plus ten copies required; all copies become HRC property. • Evaluation based on development quality, schedule, experience, financial resources, and compatibility with surrounding properties.