Bid Detail

12-201 - Redevelopment of 886-892 State Street & 870-880 State Street

End date: Tuesday December 27, 2011 at 2 p.m.

The City of Springfield (hereafter \"CITY\") is requesting proposals for the redevelopment of five tax foreclosed parcels on State Street, as more fully described in "Section D. Location and site information" of this Request for Proposals (RFP).

The Redevelopment Project site ("Project Site") includes five separate parcels situated on approximately one acre of land at a high point on the State Street Corridor, overlooking the City to the west of Mason Square. The site has frontage along State Street. Although the information regarding the property contained in the RFP is from sources deemed reliable, such information has not been verified and no representation is made or implied as to its accuracy.

The City will give preference to developers whose proposal includes the purchase and redevelopment of all five parcels as a single project, but will also consider individual proposals for the two site packages separately divided and described in Section D as "State Street - Project A" and "State Street - Project B".

The City will appoint a Review Committee to review all proposals and recommend finalists. "Sections K - M" and Attachment B below outlines the evaluation criteria the Review Committee will utilize to review qualifications and rank the finalists. The City and the appointed Review Committee reserve the right to reject any or all proposals in whole or in part for any reason and to waive any minor informalities within proposals or this document.

The properties are being sold "as is" and the City makes no representations regarding the environmental and/or physical condition of the properties and will require the buyer to assume responsibility for these conditions. Prospective developers should undertake their own reviews and reach their own conclusions concerning zoning, title and survey matters, required approvals, physical conditions, environmental conditions, reuse potential, utility services and development, leasehold, legal and other considerations. Proposers are responsible for making their own determinations of existing conditions.

The project site's five properties are located in the Bay neighborhood along the edge of Mason Square. The properties are all located along the 3.2-mile-long State Street Corridor which recently underwent a $16 million restoration project, including roadway reconstruction, intersection improvements, new sidewalks and median strips and many new pedestrian and vehicle amenities. The reconstruction is a key factor in advancing redevelopment opportunities along the State Street Corridor.

Downtown Springfield is approximately a mile to the west, and Springfield Technical Community College Enterprise Center is located a half mile to the west. Western New England College, MassMutual Life Insurance and the Baystate Health Complex are all located within a three mile radius.

886-892 State Street: This property is a four story mixed use brick building with three commercial units on the ground floor level, of which one is currently occupied. There are fifteen, two bedroom apartments on the upper three floors, of which all are currently occupied. (See cover photo)

WS Andrew Street (00440-0001): This property is a paved parking lot directly behind 886-892 State Street. Lines are currently drawn for approximately ten parking spaces, which are currently used by occupants of the mixed-use building at 886-892 State Street.

870-880 State Street: This property consists of two single story commercial buildings. Combined, these two buildings contain eight commercial units, of which three are currently occupied. (See photo)

WS Andrew Street (00440-0002): This property is a paved parking lot that has lines drawn for approximately thirty parking spaces. During the time that 886-892 State Street and 870-880 State Street have been under joint ownership, this lot has been used not only for parking for the commercial occupants but also as overflow parking for the residential occupants at 886-892 State Street.

WS Hayden Avenue (06460-0035): This property is currently partially paved and is sometimes used for parking for an abutting residential property on Hayden Avenue, although no formal agreement for this use is in place.

RESTRICTIONS AND REQUIREMENTS

Fifteen units at 886-892 State Street are currently occupied by families that participate in the HUD Shelter Plus Care Program. The entire fifteen (15) units are subject to an annual rental assistance contract with HAP, Inc., which provides subsidies funded by HUD through DHCD, subject to appropriation of federal funds. The tenants in these units receive individualized supportive services through the Gandara Center, which is under contract to the Massachusetts Department of Public Health to provide these supportive services.


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