Request for Qualifications and Preliminary Development Proposals
The City of Forest Park, Ohio is in search of a qualified developer or development team to lead redevelopment of a 4.1-acre city-owned property located in the southern portion of the city at 650 Northland Boulevard (the “Site”).
Redevelopment of the Site is a priority for the City of Forest Park and will add to the City’s vibrancy as a place where people set their roots. The Site is wholly owned by the City of Forest Park and is sized at approximately 4.1 acres. The Site can otherwise be identified as Hamilton County permanent parcel numbers 591-0004-0352-00, 591-0004-0483-00, 591-0004-0489-00, and 591-0004-0495-00. The Site sits along Northland Boulevard in the Northland Boulevard Business District and is approximately 2 ½ miles from the Interstate 275 interchange. The City of Forest Park is conveniently located north of Cincinnati and is within a 30-minute commute to the metropolitan area, 20 minutes to Kings Island amusement park, 15 minutes to Sharon Woods Park, and less than 10 minutes to Winton Woods Park.
The following Request for Qualifications and Preliminary Development Proposals (collectively referred to as the “RFP”) provides details about the Site, the surrounding area and amenities. The development plan should aim to meet local development goals and be based in part, on public feedback received to date. This RFP outlines the required information to be submitted from interested developers and development teams as well as the process and timeline in which a development partner will be selected. Qualifications and supporting materials must be received by the City of Forest Park on or before 5:00 P.M. (EST) on December 21, 2022.
In the interest of time and efficiency, the City wishes to combine the Request for Qualifications and Request for Proposal processes into a single RFP process. Forest Park is requesting conceptual drawings and/or renderings as part of the RFP process. As such, all interested parties are expected to submit information detailing the developer’s or development team’s qualifications to undertake the development and their proposed vision for the Site. Through this process, the City aims to identify a development partner with whom to work collaboratively to perfect and carry out a final redevelopment plan. The final redevelopment plan will be shaped by feedback from City Council, the public and certain boards and commissions of the City.
At the conclusion of the RFP process and evaluation period, the City anticipates first entering into a Memorandum of Understanding (MOU) with the chosen development partner prior to negotiating a development and site control agreements. The development agreement will minimally layout roles and responsibilities of the parties and will establish timelines and milestones from a development perspective. The City will consider several types of site control for the Site including outright sale, long term ground lease or other mutually beneficial and negotiated arrangements.
Original source can be found here.
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