Awarded vendors
- The Menkiti Group
Description
This solicitation seeks a qualified developer to purchase and redevelop the former Denholm property (≈ 2.47 acres, ~200,000 sf of existing building) located at 484‑500 Main Street, Worcester, MA. The minimum bid is $3 M; an optional demolition credit of $2.5 M is available if the developer elects to have the WRA perform demolition. The developer must submit a detailed development plan covering design, financing, permitting, sustainable‑design goals, and compliance with the WRA’s Responsible Employer & Inclusionary Participation Policy (REIPP). The project must result in taxable (or tax‑equivalent) uses consistent with the Downtown Urban Revitalization Plan, include a portion of residential units (if any) meeting income‑restricted and ADA‑accessible thresholds, and meet specified commercial space and employment targets to be considered “Highly Advantageous.” The contract includes a 5 % bid‑security, a 120‑day proposal validity period, and strict deadlines for submission of proposals (Feb 17 2023) and required post‑award actions.