440 W. Kelly Avenue

Please find the Request for Proposals to develop deed restricted housing at 440 West Kelly Avenue, below. All responses are due by 4:00 PM on April 5th. An information session will be held on February 19th at 1:00 PM at 320 S. King Street. Questions will be accepted until March 22, 2019 and answers will be posted on a rolling basis on this website. 

Complete Request for Proposals for 440 W. Kelly Ave

Project Criteria Worksheet - excel version 

Staff Report for 440 W. Kelly Avenue Development

Questions & Answers

Can the 10' ROW along the south property line be used for vehicular access. 

Right now, the 10' ROW may not be used for vehicular access. Respondents should assume access from Kelly Avenue only. 

What are the terms of the ground lease? 

The Housing Authority will provide a long-term (either 50 year or 99 year) ground lease at a rate of $1 per year. 

Does it matter if the developer is local or from out of town? 

No, we do not care if the developer is local or from out of town. The last RFP was awarded to an out of town developer. Ultimately, we are looking for the best project. 

Would the Housing Authority consider financing the project? 

No. 

Who sets the pricing for the workforce units? 

The developer sets the initial sales price. Appreciation is then based on CPI capped at 3%. 

What kind of drawings are you looking for at time of submission? 

The RFP states that detailed architectural plans are not required at proposal submission. Respondents are required to outline the design approach and provide site plans that: show square footage, broken down by use/type; building height and use broken down by floor; and proposed architect.