Development Of Properties 105 S. California Ave, 106 & 108 Albion Place, Atlantic city, NJ 08401

The New Jersey Casino Reinvestment Development Authority (CRDA) has issued solicitation 2023-001 for the development of three properties located at 105 S. California Avenue, 106 Albion Place, and 108 Albion Place in Atlantic City, New Jersey. The project requires a qualified developer or team to address all three parcels as a single project, encompassing design, master planning, construction, financing, marketing, and property management. The properties have a current appraised value of 284,000.00 dollars, and the selected developer must complete the property transfer within 90 days of designation. Proposals must be submitted via the Bonfire portal by October 27, 2026, at 2:30 PM Eastern Time. The selection process is based on the evaluation of project economics, the quality of the design, the proposed timeframe for completion, the respondent's previous performance record, and the quality of proposed workforce development programs for Atlantic City residents. Required submittals include a respondent registration form, certifications regarding affirmative action and non-involvement in prohibited activities in Russia, Belarus, or Iran, and a detailed proposal following a specific six-section format. A refundable administrative fee of 1,000.00 dollars and a non-refundable registration fee of 250.00 dollars per person are required.