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City of Lyndon·Kentucky

REQUEST FOR PROPOSALS

Closes 7/28/2025$5M – $15MRequest for Proposal
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Description

The City of Lyndon seeks a private partner to develop a mixed‑use project on the 3.87‑acre parcel at 8100 Lyndon Park Lane. The partner must design and construct public‑park amenities (stage, pavilion, parking, landscaping) and complementary private commercial facilities (entertainment venue, retail or grocery space) while adhering to green‑building and accessibility standards. In exchange, the bidder must reimburse the city for its original land purchase through an outright sale, long‑term lease, in‑kind improvements, or a combination, and accept deed‑of‑restriction provisions that give the city ongoing control. • Public‑park expansion with stage, pavilion, parking, and landscaping. • Private commercial development (entertainment, retail, or grocery) fronting the site. • Financial reimbursement to the city via sale, lease, or in‑kind improvements; binding deed‑of‑restriction required. • Design standards include LEED‑type sustainability, accessibility, and compatibility with local architecture. • Proposal deadline noon July 28 2025; opening at 6 pm same day.

Attached files

Key dates

Opened
5/31/2025
Closes
7/28/2025

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
236220

Budget estimate

$5,000,000 – $15,000,000

The RFP does not disclose a fixed contract value; instead the city will be reimbursed for its original land purchase through a sale, lease, or in‑kind improvements. Assuming a market‑rate sale or long‑term lease for a 3.87‑acre site in Louisville, Kentucky, the financial commitment could range from several million dollars up to double‑digit millions, depending on the scale of commercial development and the agreed‑upon lease terms. A reasonable ball‑park estimate for the total value of the transaction (including construction, land transfer, and in‑kind public amenities) is $5 million to $15 million.

AI estimate from the solicitation

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