Economy Inn Hotel Site
| Agency: | City of Charlotte |
|---|---|
| State: | North Carolina |
| Type of Government: | State & Local |
| NAICS Category: |
|
| Posted Date: | Aug 11, 2023 |
| Due Date: | Aug 31, 2023 |
| Bid Source: | Please Login to View Page |
| Contact information: | Please Login to View Page |
| Bid Documents: | Please Login to View Page |
Closing date August 31, 2023, 11:59 PM
- Reference number N/A
- Status Open
-
Summary
Bid Due Date & Time: August 31, 2023 at 11:59 p.m. EDT
Bid Type: Request for Proposal
Department: Housing & Neighborhood Services
The City of Charlotte is accepting proposals for 5342 and 5350 Reagan Drive, the former Economy Inn hotel site. The site is located in the Sugar Creek Corridor and the project is part of the City of Charlotte's Corridors of Opportunity program. Addendums will be issued should there be additional information.
The proposal submission deadline is August 31, 2023 at 11:59 p.m. Eastern Daylight Time. Submittal instructions are included in the first attachment (PDF, 326KB) .
The purpose of this RFP is to solicit proposals on 5350 and 5342 Reagan Drive for development of affordable for-sale residential units. The goal is to increase the supply of safe, decent and affordable ownership opportunities for low- and moderate-income households while complying with the city's affordable housing policies and funding source requirements. The RFP also aims to promote long-term affordability for residents and socially responsible ownership structures.
Developers will be evaluated based on their ability to comply with program guidelines, financial feasibility and their experience and capability as well as their community trust with surrounding neighborhoods.
Type: Request for Proposals
Category: Professional Services
Department: Housing & Neighborhood Services
Commodity Code(s): N/A
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