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  5. ›Community Benefit Property Disposal - Boulder Street Houses

City of Colorado Springs·Colorado

Community Benefit Property Disposal - Boulder Street Houses

Closes 5/27/2026$500k – $2MRequest for Proposal
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Description

The City of Colorado Springs is selling two historic Victorian‑style houses on Boulder Street and seeking a purchaser who will retain the properties for community‑benefit uses such as sustainability education, nonprofit programming, and youth activities. Offerors must submit a purchase offer, demonstrate financial capacity, provide organizational documentation, and present a detailed business and operations plan outlining design, financing, construction (if needed), and ongoing maintenance. The solicitation emphasizes community impact, requiring the buyer to keep the properties dedicated to the specified public‑service purposes, with deed restrictions and re‑acquisition rights if the commitment lapses. • Purchase and ownership of two city‑owned properties (702 & 704 Boulder St.) • Must develop and operate the sites for community‑benefit programs (education, youth, nonprofit services) • Provide financial statements, organizational documents, and a comprehensive operations plan (≤ 25 pages) • Compliance with insurance, deed restrictions, and possible Colorado certificate of authority for out‑of‑state entities • Single award on a best‑value basis; evaluation heavily weighted toward community impact (30 pts)

Attached files

Contact

Alyssa Lee(Contracting Specialist)

[email protected]

Key dates

Opened
4/28/2026
Questions due
5/13/2026
Site visit
5/6/2026
Closes
5/27/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
R26-037AL

Budget estimate

$500,000 – $2,000,000

No explicit payment amount is disclosed; the buyer will pay the market price for two historic homes in Colorado Springs, which typically range from $500k to $2 million combined, plus potential development costs. Assuming a purchase price of $1–2 million and modest consulting/plan‑development fees, the total budget to the winning organization could fall roughly between $500,000 and $2,000,000. Factors influencing the range include property condition, required renovations, and the organization’s financing structure.

AI estimate from the solicitation

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