Bid Detail

15-167 - RFP: Redevelopment of 2612-2616 Main Street

End date: Wednesday March 4, 2015 at 2 p.m.

Site Information & Restrictions

The property at 2612-2616 Main Street is located within the Memorial Square neighborhood of Springfield.

The Memorial Square neighborhood is located in the northwest corner of Springfield. Memorial Square is geographically one of the smallest of the City's seventeen neighborhoods. It contains 274 acres, plus street and railroads. It's boundaries are the B&M Railroad to the west; the Chicopee city line to the north; Chestnut, Narragansett, and Bartlett Street to the east; and Interstate 291 to the south.

The neighborhood is made-up predominantly of a Hispanic/Latino population and includes one of the City's largest Hispanic grocery markets. The neighborhood has always been a neighborhood of immigrants and was predominantly occupied by a Greek population from the Industrial Revolution to the 1980s.

The neighborhood contains several parks including Calhoun Park and Jaime Ulloa Park. The neighborhood is also within walking distance of Van Horn Park.

The northern portion of Springfield's Main Street corridor runs through the center of the Memorial Square neighborhood. The neighborhood is within walking distance to Springfield's three national ranked hospitals, Baystate Medical Center, Mercy Hospital and Shriner's Hospital for Children. The neighborhood contains many medical office buildings associated with these institutions. The private Elms College is located within close proximity in nearby Chicopee.

The building at 2612-2616 Main Street is a brick, residential apartment building constructed in 1907, it contains over 17,000 square feet of living/commercial space and is located on a 12,150 square foot lot and is zoned Business A. The assessed value is $740,900.00. The property has four floors and contains approximately twelve residential units. The City is in the process of demolishing the back apartment building that faces out onto Arch Street. The land where the Arch Street building currently stands in the rear will be able to be used as parking for the front building that will remain.

The City is most interested in proposals that will improve the existing property in a way that compliments the surrounding neighborhood. While financial benefits (i.e. price paid for the property) of a proposal are important to the selection of the developer, coupled with all selection criteria, the City will also consider the broader fiscal and economic developments to be realized from the development project. The City will not be obligated to select the proposer offering the highest purchase price if another proposal better satisfies the selection criteria and other requirements of this RFP as a whole.

Although the property is assessed at $740,900.00 the City will entertain all offers. The property has been abandoned and vacant for several years. The apartment building has experienced fire, vandalism, and neglect and has been open to the elements. Prior to the building being abandoned it was poorly managed and regular and routine maintenance for even basic operation was ignored by the owner. The building will require extensive rehabilitation and financial investment in order for it to be habitable. Based on thes factors the City will accept less than the assessed value if a proposer intends to invest significant funds to rehabilitate the building and return the property to the tax rolls.

The City is most interested in proposals that creatively integrate the site with the surrounding area, respecting zoning, and in a manner that creates a viable redevelopment opportunity and enhances the aesthetic appeal of the streetscape. Proposers should be familiar with abutting uses and mindful of such when developing a redevelopment project and program to ensure the project is respectful of existing neighbors.

All bidders are buying property subject to all current zoning and building restrictions. Property is being sold "as is" and the City makes no representations regarding the physical or environmental conditions. The selected developer accepts the property "as is" with no exception.

If a nonprofit organization is chosen preferred developer, it will be expected to enter into an agreement with the City to make an annual in-lieu-of-tax payment, the amount of which will be fifty percent (50%) of the tax that would otherwise be paid by a for-profit venture.
This Request for Proposals is for the real property only. All contents of the property and any personal property therein may not be included in this sale at the discretion of the City of Springfield.

The City of Springfield has made all efforts to ensure that the information is accurate. However, it is the buyer's responsibility to investigate to their satisfaction any matter as it may relate to the property.

RFP Review Committee

A review committee will be established to review complete proposals and will be composed of representative(s) from the Springfield Office of Planning & Economic Development, Office of Disaster Recovery and Compliance, Office of Housing, City Treasurer, City Council and neighborhood representative(s).

The Chief Procurement Officer may, in its sole and absolute discretion, reject any and all, or parts of any and all proposals; may re-advertise this RFP if so inclined; postpone or cancel at any time this RFP process; change, adjust, or modify the anticipated schedule of events. The Chief Procurement Officer further reserves the right to waive any minor informalities pertaining to any proposals received. The determination of the criteria and process whereby proposals are evaluated, the decision as to who will receive preferred developer status, or whether or not an award shall ever be made as a result of this RFP shall be in the sole and absolute discretion of the City.

Site Tours will be conducted on February 11, 2015 at 10:00 a.m. and February 16, 2015 at 2:00 p.m. Those attending site tours should wear appropriate clothing and footwear. Access will only be available to common areas and vacant units, access to occupied units will not be allowed. Additional access to the property, beyond the scheduled site tours, may be scheduled by contacting Amber Gould at (413)886-5050. Please note additional access will scheduled at the convenience and sole discretion of the Office of Housing, during regular business hours.

Each Proposal shall clearly state in it how the Proposer meets each of the minimum criteria set forth in this section.

•The Proposer has a good track record in real estate redevelopment projects, as demonstrated by at least one (1) similar projects.
•The Proposer has documented a development schedule and budget.
• A timeline for the redevelopment plan is included in the proposal.
•Proposer has included the names and background of the development team in the proposal.
•The proposer clearly states the price offer for the property.


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