This Solicitation opportunity from California was posted on July 20, 2026. The submission period has ended. Browse the details below for market research, or find similar active opportunities.
Multi-Family Residential Development At 222 E. Cypress Avenue
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 Monrovia is seeking a qualified development partner for the redevelopment of a 0.75-acre, city-owned infill site located at 222 E. Cypress Avenue. The project aims to create a high-quality, mixed-income housing development of approximately 14 units while preserving a historic Victorian-era residence and protecting mature on-site trees. The selected developer will be responsible for all project phases, including site planning, design, entitlement, environmental review, financing, construction, and long-term management. The development must adhere to the draft Planned Development (PD-30) standards and comply with California's Surplus Land Act, Housing Element Law, and CEQA. The City prefers a long-term ground lease but may consider a sale with covenants. Proposals are due by September 3, 2026, via the PlanetBids portal. Evaluation is based on a comparative, competitive basis, focusing on development experience and qualifications (30%), financial capacity and feasibility (30%), the development program (24%), and community benefit (16%). Key requirements include the submission of a detailed pro forma, a comprehensive project timeline, and evidence of the ability to secure funding such as LIHTC or AHSC. The developer must comply with California prevailing wage laws, maintain all necessary professional licenses, and ensure that any work on the historic structure meets the Secretary of the Interior's Standards for the Treatment of Historic Properties.
General Info
Place of Performance
Monrovia, CA, 91016, USASet-Aside
Timeline
Submission Closed
Organization & Contact Information
Full Description
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Posted before this notice, open and closed
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