This Solicitation opportunity from Iowa was posted on April 22, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Development Opportunity in the 1300 Block of Avenue H
Contract Overview
Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.
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AI Contract Overview
The City of Fort Madison, Iowa, is soliciting proposals from qualified developers to purchase and redevelop five city-owned lots located at 1320, 1324, 1328, 1330, and 1334 Avenue H. The properties have been cleared of all previous structures to provide open space for commercial development, such as retail, grocery, or restaurants. The site is zoned B-3 Service and Wholesale District, and the City allows the lots to be purchased as a single combined space or divided into two separate developments. A minimum purchase price of 40,000 dollars is required for the five lots. To encourage growth, the City offers a 100 percent tax abatement for the first three years following construction through an Urban Revitalization Plan. Proposals must be submitted electronically to the City Manager by September 30, 2025. The selection process is based on a best-value trade-off method, evaluating the developer's experience, financial capability, the quality of the development proposal, and the potential for property and sales tax generation. Required submission components include a detailed development schedule, design concepts, legal disclosures, and proof of financial capacity. The City retains full discretion to negotiate with respondents or reject all proposals, and all submissions will become public record upon completion of the selection process.
General Info
Place of Performance
IA, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
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