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  5. ›Redevelopment of 2115 Pogue Avenue

City of Cincinnati·Ohio

Redevelopment of 2115 Pogue Avenue

Closes 1/20/2023$200k – $500kRequest for Proposal
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Description

The City of Cincinnati is seeking a qualified developer/architect team to create a redevelopment concept for the vacant 0.12‑acre parcel at 2115 Pogue Avenue. The award will be based on a point‑system that evaluates experience, vision, financing, and economic‑inclusion plans. Offerors must submit design concepts, community‑engagement strategies, and a detailed financing package that meets the fair‑market value of $65,000. The project aims to activate the site with a mixed‑use residential development consistent with RMX zoning and city planning goals. • Develop a conceptual design (site plan, elevations, parking, landscaping) that aligns with Plan Cincinnati and the Evanston Work Plan. • Provide a financing plan—including sources‑and‑uses, soft‑commitment letters, and a 10‑year operating pro‑forma—showing ability to purchase the land at FMV. • Outline a community‑engagement approach and economic‑inclusion strategy for SBE/MBE/WBE participation. • Submit required corporate information forms (Attachment 1 & 2) and demonstrate compliance with city contracting history.

Attached files

Contact

Chante Randolph(Buyer)

[email protected]

Key dates

Opened
11/3/2022
Questions due
1/6/2023
Closes
1/20/2023
Projected award
2/1/2023

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
541310
Solicitation №
RFP1054CEDPOGUE

Budget estimate

$200,000 – $500,000

The RFP does not disclose a direct contract value, but the land’s fair‑market value is $65,000 and a typical mixed‑use redevelopment of this size can involve construction costs ranging from $500,000 to $1,000,000. Assuming the City will award a development agreement that includes the purchase price plus a development fee (often 10‑15% of total project cost), the developer’s earnings could plausibly fall between $200,000 and $500,000. This estimate accounts for the design‑concept work, financing documentation, and potential development fee.

AI estimate from the solicitation

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