ID: RFP for Development of 67-71 Minerva Street and 147 Caroline Street
Title: RFP for Development of 67-71 Minerva Street and 147 Caroline Street
Bid Start Date : June 28, 2020, midnight
BidEnd Date: Aug. 31, 2020, 2 p.m.
Status: Closed
Active: True
Publication Info: Published in New Haven Register on Sunday June 28, 2020
Submittal Info: Sealed proposals shall be submitted through the City of Derby Website portal only
Bid Opening Info: TBD
Description:
The Minerva/Caroline Street Downtown Redevelopment Project
The City of Derby is pleased to announce that this proposed project will be given special consideration by its Boards and Commissions and the city will work with the developer to streamline the approval process for this development.
The City of Derby will entertain proposals for one parcel, a combination of parcels, or all parcels. Preference will be given to proposals that include all parcels.
All of these properties are located in the City Center Design District in Section 195-20 of the Zoning Regulations of the City of Derby. (See attached) CDD zone.
Properties are contiguous and can be used as an accessory parcel.
Derby seeks qualifications and proposals from interested parties to redevelop the properties known as 67-71 Minerva Street and 147 Minerva Street. The intent of the proposal should be to redevelop all or some of the existing buildings and property for development allowed in the CDD zone. This location is situated in close proximity to Derby’s on-going downtown revitalization efforts.
1. Property Descriptions
67-71 Minerva Street, Derby. Conn. 06418
147 Caroline Street, Derby, Conn. 06418
2. City of Derby Economic Data
The City of Derby is undergoing a downtown transformation including, but not limited to a multi-million dollar widening project located along Route 34, the reconstruction of Factory Street, the development of 200+ market rate residential units with mixed use development in Derby’s downtown redevelopment zone, which stretches from the Derby-Shelton bridge along the Housatonic River on the south side of Route 34 to the Route 8 entrance ramp.
The new apartments will be next to Route 8, the Derby train station, and the city’s popular greenway river walk. In addition to the Route 34 widening, there are also plans to refurbish the Derby-Shelton Bridge to better connect downtown Derby and Shelton.
CERC Profile
https://s3-us-west-2.amazonaws.com/cerc-pdfs/2019/derby-2019.pdf
2016 Plan of Conservation and Development
https://evogov.s3.amazonaws.com/media/79/media/47758.pdf
Zoning Regulations
https://www.derbyct.gov/media/Uploads/PZC%20-%20Derby%20Zoning%20Regulations%20-%205-13-2019.pdf
Derby Zoning Map
https://www.derbyct.gov/media/Uploads/PZC%20-%202017-05-30%20Derby%20Zoning%20Map.pdf
City of Derby - Location – History- Analysis
DPZ Partners Interim Report
https://evogov.s3.amazonaws.com/media/79/media/47959.pdf
Qualifications:
Seeking the Services of the Qualified Developer
The Developer must have the knowledge, vision, and ability to construct a mixed use
project and must provide the following services:
commercial and office space.
Preference will be given to proposals that include all of the subject properties. However, proposals on the individual parcels will also be considered.
Elements incorporated into this project must include:
The City of Derby will require a $10,000 deposit refundable to unsuccessful applicants and the successful developer will have his deposit applied to eligible project activities.
The Developer must provide the City with evidence that it can obtain the financing required to complete the construction and project.
The City of Derby will select a proposal based on a combination of bid, price, strength of applicant's qualifications, and consideration of the highest and best use of said properties. The City of Derby shall have the right to accept or reject any and all proposals.
Special Requirements:
Contribution of the City of Derby
The City of Derby is a member of the Naugatuck Valley Council of Governments, the Regional Brownfields’ Revolving Loan Fund, and has been successful in accessing regional, state and federal assistance for such things as brownfields’ cleanup and remediation, road reconstruction, infrastructure and redevelopment. The city will work with the developer to access any and all available resources for this project provided eligibility requirements are met.
Transfer of Title - City Compensation
The City will negotiate an agreement with the successful bidder for the completion of the project, including the financial requirements, experience with construction of such projects, and mandatory timeline for commencement and completion of the project. In addition, the successful bidder will be required to pay to the City of the Derby an amount to be negotiated for the title to the property, environmental site and preliminary studies. Upon the review of title, the Developer must close ownership; closing to take place within three (3) months of acceptance of the bid.
Misc. Info:
Environmental Studies
67-71 Minerva Phase I Environmental Study
67-71 Minerva Phase II-III Environmental Study
67-71 Minerva Site Investigation Plan A Map
67-71 Minerva Site Investigation Plan B Map
Links to other relevant materials
Master Plan:
https://www.dropbox.com/s/2dvdc4mpdinvo99/1614-MP_FinalReport.pdf?dl=0
or
https://www.derbyct.gov/economic-development
City of Derby Planned Development District plan:
https://www.derbyct.gov/economic-development
Zoning Application & Plan of Conservation and Development:
https://www.derbyct.gov/planning-zoning
https://evogov.s3.amazonaws.com/media/79/media/47758.pdf
City of Derby Property Assessment/GIS Database:
Financial Incentives/ tax abatement plan:
https://www.derbyct.gov/tax-assessor
https://www.derbyct.gov/economic-developmen
Pre Bid Meeting: By appointment Only
Contact Person:
Carmen T. DiCenso, Economic Development Liaison
203.736.1478
cdicenso@derbyct.gov
All detailed and technical questions must be submitted in writing to Mr. DiCenso by July 31, 2020 by 12:30 PM.
The City of Derby will select a proposal based on a combination of bid, price, strength of applicant's qualifications, and consideration of the highest and best use of said properties. The City of Derby shall have the right to accept or reject any and all proposals.
Download Available:
Response Submission Requirements
The response package must be submitted in PDF Format via the City of Derby website portal.
Responses to this RFP are due no later than 2:00 PM on August 31, 2020.
The City of Derby will select a proposal based on a combination of bid, price, strength of applicant's qualifications, and consideration of the highest and best use of said properties. The City of Derby shall have the right to accept or reject any and all proposals.
Plan and Spec Available:
Statement of Developer's Qualifications
The Statement of the Developer's qualifications should be organized as follows:
1. Cover Letter - introduction and location of the primary office.
2. Proposed Staffing Plan - Designate the Principal, Project Manager in charge of the project, all involved staff, and the primary point of contact during the duration of the project. Identify key staff members and provide a brief resume describing similar projects on which they have been involved, availability of staff member(s) over the duration of the project, and a description of the benefits that each person brings to the team. Indicate recent relevant experience and references on similar projects where a similar role was performed.
3. Previous Experience - Include descriptions of relevant projects previously performed by the staff proposed. The descriptions should include what services were performed, the date of the project, unique features of the project which would be beneficial to the project at hand, and a client reference.
4. Proposed Approach - Provide a specific plan of approach you would take for completing the work, addressing the tasks and discussing the deliverables.
5. Proposed Timeline - Provide a project timeline including estimate commencement date. We expect that construction will begin within 6 months of the date of signing a contract with the City.
G. Response Submission Components
For each site on which you are proposing, please provide the following information:
1. Site Name/Address;
2. Overview of development project proposed by the development team;
3. Description of proposed buildings, including but not limited to:
a. Total square footage (broken out by common area and leasable/saleable spaces);
b. Number of residential units broken out as follows:
% of market rate vs. workforce units;
c. Square footage of office (with common area square footage broken out);
d. Square footage of retail (with common area square footage broken out);
e. Other non-residential square footage;
f. Parking (please identify structured spaces separate from surface and on-street spaces); and
g. Description Energy Efficiency/Alternative Energy Components.
4. Description of site improvements, including but not limited to:
a. Conceptual site plan/development scenario, which may include a phased approach;
b. Explanation of how the project complies with Derby’s current zoning regulations.
. c. Open space (quantified in acres or square feet);
d. Parking (please identify structured spaces separate from surface and on-street spaces); and
e. Other unique features (public amenities, civic space, etc.).
5. Description of development team, including but not limited to:
a. Project Management
b. Architecture and Design
c. Engineering
d. Construction Management
e. General Contractor
f. Commitment to utilize minority, women owned, or small business contractors
g. Post-development management, maintenance, marketing, etc.
6. Proposed development schedule & milestones.
7. Project budget including:
a. Development pro forma, inclusive of all hard and soft costs, developer fee, owner equity contribution, infrastructure related costs, etc.;
b. A sources and uses statement, clearly identifying from where funding sources will be secured and how said funding will be applied to the project development;
c. Financial assumptions (e.g. availability of LIHTC, Tax Abatements, Grants, etc.); and
d. Operating pro forma, detailing a 15-year schedule of revenues and expenses, inclusive of showing absorption assumptions, debt service payments, and identification of annual return on cash (ROE) and the average annual internal rate of return (IRR).
8. Discussion of proposed terms to acquire and/or lease property from the City for the purposes of development.
9. Identification of any financial assessment request of the City, such as tax abatements, infrastructure improvements, etc.
10. Other: Developer is encouraged to include a brief description of any unique approaches, strengths or partnerships not covered in any of the above sections.
11. Litigation. Developer must identify and describe any current, pending or threatened litigation against them related to their business or real estate dealings. Further, the Developer must attest to having no pending litigation against the City of Derby.
12. Obligations to the City of Derby. Developer must attest to having no outstanding or overdue tax, lien, fee, fine, invoice or other financial obligation to the City of Derby.
13. Conflict of Interest. Developer shall attest that no member, official, or employee of the City of Derby has any personal or financial interest, direct or indirect, in the Developer’s business or the proposal submitted in response to this RFP/RFQ.
Business Hours: Monday, Tuesday, Wednesday - 8:30 am to 5:00 pm, Thursday 8:30 am to 6:00 pm, Friday 8:30 am to 12:30 pm
Fax Number: 203.736.8880
Plan Holders:
Dear Prospective Developers:
On behalf of the City of Derby and its residents, I am pleased to announce another significant opportunity for qualified and capable developers: the opening of a formal bid process for the sale of 67-71 Minerva Street and 147 Caroline Street. These properties are located within the heart of Derby’s downtown area, and in the midst of exciting redevelopment activities.
My administration and I are working with our consultants Luchs/DeCarlo and Doll, the Naugatuck Valley Council of Governments, the CT Department of Transportation and our state and federal legislators to continue to bring resources into the redevelopment project area, including, but not limited to a multi-million-dollar road widening of Route 34, Factory Street improvements, and plans to revitalize the historic Sterling Opera House. Additionally, a major redevelopment project has recently been approved that will see the addition of over 200 residential apartments and 9,000 square feet of commercial space to downtown Derby.
With the right developer, I am confident that the Minerva and Caroline Street properties can be added to this ever-growing list of downtown redevelopment projects.
Developers should also be aware that the redevelopment properties are located in close proximity to our fantastic greenway trail that runs along the Naugatuck and Housatonic rivers – the most widely used trail in the State of Connecticut – and a centrally located Derby-Shelton Train Station and bus line.
It is certainly an exciting time for development in Derby! I look forward to reviewing your application for this project and your vision for our downtown properties. The City of Derby is on the verge of a major transformation, and the opportunity for the right developer cannot be understated.
Sincerely,
Mayor Richard Dziekan
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