Solicitation Detail - City of Springfield, MA

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14-233 - Purchase and Redevelopment of 176 Maple Street

End date: Friday May 16, 2014 at 2 p.m.

City of Springfield is soliciting bids to sell a property located at 176 Maple Street in Springfield.

176 Maple Street - Parcel 08218-0049- Lot Size 2,670 sq. ft. - Assessed at $135,000.00 ($1,000.00Minimum Offer)
176 Maple Street was constructed in 1874 as part of six High Victorian Gothic row houses. It has four floors, each with approximately 1,000 square feet, plus a basement. The property is zoned Commercial A; however commercial uses will not be allowed except as home occupations. The building is within walking distance of the Central Business District and the South End and is less than ½ mile to Interstate 91 and 1½ miles to Interstate 291.

Open houses will be held at 176 Maple Street during the following times:

Monday, April 21, 2014 at 10:00 a.m.
Thursday, April 24, 2014 at 3:00 p.m.
Tuesday, April 29, 2014 at 11:00 a.m.

Those visiting the house must sign an indemnification agreement prior to entering and should be prepared with sturdy footwear and flashlights for each person entering.

The City is interested in proposals which will renovate this historic row house to its appearance as shown in the 1939 photo and as approved by the Springfield Historical Commission.

The City is interested in proposals which will renovate 176 Maple Street as a single-family or two-family house. Proposals resulting in lower densities are preferred. Proposals resulting in owner-occupied units, including condominiums, are preferred. Owner-occupancy and/or having ownership interests in one of the other five attached row-houses are preferred, but the City will consider non owner-occupancy, investment and rental uses. Non-residential uses will only be considered as accessory uses to residential uses. Institutional uses such as group homes, churches, and schools will not be allowed.

This property is in the Maple Hill Local Historic District, which is both a certified local historic district and listed on the State Register Historic Places. Income producing projects may qualify for the federal and state 20% tax credit for historic rehabilitation.

CDBG funds are being made available by the City to be used for exterior repairs. No income restrictions are applied to these funds. CDBG funds will be an interest free, forgivable loan not to exceed $100,000.

The loan will be paid out as reimbursement of expenditures. Half of the loan will be forgiven upon issuance of a Certificate of Occupancy by the Springfield Building Commissioner. Once the Certificate of Occupancy has been obtained, 20% of the remaining loan will be forgiven each year the property is maintained in compliance with code enforcement over the next five year period.

The proposed development should minimize other public expenditures and not require ongoing public operating subsidies.

The City of Springfield supports the goal of twenty percent minority and women participation in all contracts. No questions will be answered unless received by the Chief Procurement Officer at least 7 days prior to the expiration of the time set for submitting bids or proposals. The Chief Procurement Officer reserves the right to waive any informality in and to reject any or all bids if it is in the public interest to do so.

Contact: Lauren Stabilo lstabilo@springfieldcityhall.com 413-787-6284

Request the complete specifications for this solicitation (14-233)