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  5. ›RFP26C-12: 6129-31 CalumetAve

City of Hammond·Indiana

RFP26C-12: 6129-31 CalumetAve

Closes 6/16/2026$100k – $500kRequest for Proposal
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Description

The City of Hammond Redevelopment Commission is selling a parcel at 6129‑31 Calumet Avenue for private redevelopment. Interested parties must submit a sealed “Redevelopment Proposal” that includes a purchase offer (minimum $81,850) and a detailed redevelopment plan. The bid must be received by 4 p.m. on June 16, 2026, with bid opening at 4:30 p.m. the same day. The winning bidder will be required to close the sale within 90 days and follow a mutually agreed development schedule, handling any environmental remediation, traffic‑impact analysis, ingress/egress design, and securing needed permits.

Attached files

Contact

Anne Taylor(Access/Inspection Coordinator)

(219) 853-6508

Key dates

Opened
5/22/2026
Closes
6/16/2026
Projected award
6/16/2026

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531120
Solicitation №
RFP26C-12

Budget estimate

$100,000 – $500,000

The contract itself is a sale of land for a minimum of $81,850, but the primary revenue for a developer comes from the value added through redevelopment. Assuming a modest redevelopment budget of $500‑$1,000 k and a typical developer profit margin of 10‑20 %, the client could expect earnings in the range of $100 k to $500 k. Factors influencing this estimate include site condition (potential environmental remediation), market demand for the intended use, construction costs, and financing terms.

AI estimate from the solicitation

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