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  5. ›The City of Bristol, Virginia (the “City”), invites…

City of Bristol·Virginia

The City of Bristol, Virginia (the “City”), invites qualified developers to submit proposals for the purchase and development of two city owned properties

Closes in 4 days$2M – $10MRequest for Proposal
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Description

The City of Bristol seeks developers to purchase and redevelop two former elementary‑school sites—1425 Eads Avenue (former Highland View Elementary) and 185 Washington Lee Drive (former Washington Lee Elementary). The City aims to maximize site use, align with long‑term community goals, and increase the local tax base. Proposals may target one or both properties, and the City expects innovative, highest‑and‑best‑use concepts. • Properties are located in Bristol, VA with existing school facilities slated for demolition or adaptive reuse. • Developers must submit a full purchase and development proposal by the deadline of November 5, 2026. • Evaluation will focus on creativity, feasibility, alignment with community objectives, and projected economic impact.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Amber Morris(Buyer)

Key dates

Opened
8/21/2026
Closes
11/5/2026

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531120
Solicitation №
RFP-126935

Budget estimate

$2,000,000 – $10,000,000

The contract involves purchasing two former school sites and delivering a development plan that could involve demolition, site preparation, and construction of mixed‑use or commercial facilities. Based on comparable municipal land‑sale projects in Virginia, land values alone range from $1‑3 million per site, with development planning and design services adding another $1‑2 million. Assuming the City expects a profit‑sharing or fee‑based arrangement, the total earnings for the developer could fall between $2 million (minimal scope) and $10 million (full acquisition plus extensive development). Factors influencing the range include site condition, market demand, and the extent of the developer’s financial involvement.

AI estimate from the solicitation

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