Bid Detail

28 - Redevelopment of 495 Chestnut Street

The City of Springfield is requesting proposals for the redevelopment of 495 Chestnut Street. The property is located in the Memorial Square neighborhood. The property consists of seven distinct parcels including a vacant school built in 1901 on a 138,916 square foot lot as well as six adjacent parcels which combine for an additional 23,167 square feet.

The City's goal is that any development be compatible with the character of Springfield and enhance the positive qualities of its Downtown and surrounding neighborhoods. It is a further goal that proposals for the Property be economically viable and demonstrate an ability to generate activity in Downtown and further benefit the greater Springfield community.

The anticipated schedule, which is in the discretion of the City and the Financial Control Board can be modified, is as follows:

August 2, 2006 RFP issued
August 23, 2006 Site Tour at 10:00 a.m.
September 12, 2006 Site Tour at 10:00 a.m.
September 18, 2006 Investigatory Access Commences.
September 21, 2006 Site Tour at 10:00 a.m.
October 31, 2006 Investigatory Access Terminates
November 16, 2006 RFP questions due by 4:00 p.m
November 24, 2006 RFP questions answered
December 22, 2006 RFP responses due by 2:00 p.m.
January 2007 Proposals Reviewed
January 2007 Recommendations to Mayor
February 2007 Preferred developer selected
February 2007 Developer refines plans as needed
March 2007 RFP Review Committee reviews amended proposal
March 2007 Financial Control Board reviews disposition

Available Solicitations

As of 6:06 am Monday, June 30, 2025

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