LAND CLEARANCE FOR REDEVELOPMENT AUTHORITY REQUEST FOR CONTRACT PROPOSALS FOR AN AFFORDABLE MULTI-FAMILY RESIDENTIAL PROJECT AT 2800-04 PROSPECT AVENUE, KANSAS CITY, MISSOURI
Notice of Request for Redevelopment Contract Proposals
The Land Clearance for Redevelopment Authority of Kansas City, Missouri (LCRA), in partnership with the City of Kansas City, Missouri (City), is seeking proposals for the acquisition and redevelopment of a vacant lot located at 2800-04 Prospect Avenue for an affordable, multi-family residential project.
The purpose of this RFP is to select a qualified developer with proven financial resources to acquire the property and construct an affordable, multi-family residential project, for the purpose of eliminating blighting conditions and supporting revitalization within the Key Coalition Urban Renewal Area.
A selection committee consisting of LCRA and City staff will review proposals as submitted and make recommendations to the LCRA Board of Commissioners. Upon review and selection, the City and LCRA will enter into a Purchase Agreement for the conveyance of the property from the City to LCRA, and LCRA and the selected developer will enter into a Redevelopment Contract for the conveyance of the property from LCRA to the selected developer, subject to certain terms and conditions and City and LCRA approvals. This solicitation is being made to all interested and qualified developers.
For more information, interested developers may obtain a copy of the Request for Proposals beginning at 8:00 a.m., Wednesday, August 30, 2023, at the Economic Development Corporation of Kansas City, 300 Wyandotte Street, Suite 400, Kansas City, MO 64105 or by requesting a copy by e-mail from Dan Moye, LCRA Executive Director, at email@example.com. The deadline for proposals is 5:00 p.m. on Tuesday, September 29, 2023. The LCRA Board of Commissioners will consider proposals received during its regular monthly meeting at 10:00 a.m. on Tuesday, October 24, 2023, or such other date or time as LCRA may determine. LCRA reserves the right to reject or accept any proposals, and to reject any proposals and solicit new proposals.
Land Clearance for Redevelopment Authority of Kansas City, Missouri.