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  5. ›Development of the Salt Flats (21.78 acres located at 450…

Awarded contract·City of Grand Junction·Colorado

Development of the Salt Flats (21.78 acres located at 450 28 Road Grand Junction, Colorado)

Won by Brikwell +1 more$5MMultiple Award
Contract source

Awarded vendors

  • Brikwell
  • Rural Homes LLC

Description

This solicitation (LOI‑5577‑25‑KN) seeks the development of a 21.78‑acre parcel known as the Salt Flats at 450 28 Road in Grand Junction, Colorado. The city’s procurement office opened the solicitation on March 10 2025 at 1:00 PM, and the award was ultimately made to two private development firms, Brikwell and Rural Homes LLC. While the excerpt does not detail the exact scope, the project likely involves site preparation, infrastructure installation, and residential or mixed‑use construction given the nature of the participating firms. No financial, contract‑term, or contact details beyond the buyer’s name (Kassy Nelson) are disclosed. The award appears to have been competitive, with a roster of potential bidders listed, but the final contract specifics such as budget, schedule, and performance requirements remain undisclosed in the provided material. • Project: 21.78 acres land development at 450 28 Road, Grand Junction, CO. • Awardees: Brikwell and Rural Homes LLC. • Procurement: Open competition managed by the City of Grand Junction; opening date 3 Oct 2025. • Missing data: contract value, start/end dates, detailed scope, and vendor contact information.

Attached files

Key dates

Bids closed
3/10/2025

Last updated

Details

Award type
Multiple Award
Procurement
Full and Open Competition
Industry
Property Development
NAICS
531311
Solicitation №
LOI-5577-25-KN

Contract value

$5,000,000

The contract’s value is not disclosed, but a 21.78‑acre development in a growing Colorado city typically ranges from several million to low‑tens‑of‑millions of dollars. Assuming modest site‑improvement costs of $150,000 per acre for grading, utilities, and permitting, plus a base development fee of $2 million for planning and coordination, the total estimate would be roughly $5.3 million. If higher‑intensity residential construction is intended, costs could rise to $10–12 million. Given the lack of explicit budget, a conservative ballpark of **$5 million** is reasonable.

AI estimate from the award documents

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