Lakefront Redevelopment at the City of Racine

City of Racine Redevelopment

Request for Qualifications(RFQ)725 Lake Avenue

The City of Racine and its Community Development Authority announces a key downtown redevelopment site consisting of approximately 1.63 acres of lakefront panoramic views

725 Lake Avenue

Request for Qualifications (RFQ)

The purpose of this Request for Qualifications (RFQ) is to solicit the interest of potential developers or development teams. The City desires that the Site be developed for high density and market-rate residential, or mixed-use development. The City is seeking responses from experienced developers (and development
teams) who have both the vision and capacity to transform the Site.

The City will establish an informal City Project Evaluation Committee (“PEC”) to review all submitted materials and select a short list of finalists who will be invited to present their qualifications and concept in the framework of a proposal. The City encourages participation by small, minority, and women-owned businesses.

The PEC will evaluate all responses submitted by developers. The City may contact the developers for further details or to discuss items requiring clarification. The PEC will assign a composite score for each developer and rank the applicants. The three developers or development teams with the highest composite scores will be invited to present. If any finalist notifies the City that it wishes to withdraw from consideration, Staff will invite subsequent finalists with high composite scores to present.

COMMUNICATION

All communication is to be sent to purchasing@cityofracine.org. Any questions posed will be answered in the form of an addendum made available to all. Under no circumstances should developers, including third party vendors or their staff, contact other staff at the City of Racine for purposes associated with the RFQ including, but not limited to, obtaining or providing information. Developers failing to comply with this requirement may be disqualified.

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