This Solicitation opportunity from California was posted on January 8, 2025. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Feasibility Analysis Of Development Options For The Following City-Owned Properties:
Contract Overview
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The City of Los Angeles Office of the City Administrative Officer is seeking a qualified consultant to conduct a comprehensive feasibility analysis of six City-owned properties located in the Van Nuys City Hall area within Council District 6. These properties are currently utilized as public parking lots managed by the Los Angeles Department of Transportation. The purpose of the analysis is to evaluate potential development options, including affordable and mixed-income housing, open spaces, and commercial or retail uses, while also ensuring that adequate public parking is maintained or replaced. Although initial assessments have been completed, further detailed evaluation is necessary to determine the financial viability of various redevelopment scenarios and identify the most suitable land uses. Following the completion of the feasibility study, the CAO will decide whether to move forward with community engagement efforts to gather public input on the proposed development options. Responses to this solicitation are restricted to firms listed on the CAO’s approved List of Pre-Qualified Real Estate and Economic Development Consultants in Service Area 1, specializing in project feasibility and underwriting for housing projects, as per the City Council’s approval. The contract, with a value ranging from $50,000 to $250,000, was posted in early January 2025, with a deadline for submissions set for late February 2025. The project aims to support informed decision-making regarding the future use of these publicly owned properties, balancing development opportunities with community needs and infrastructure requirements.
General Info
Place of Performance
CA, USASet-Aside
Documents
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