Project Information

Bid Title

Tranformation Developer Partner

Issuing Agency

Norfolk Redevelopment & Housing Authority

Location

Virginia

Published Date

Jan 31, 2025

Closing Date

Mar 31, 2025

Government Level

State & Local

Status

Closed

Ref. #

PR2367-367-25

Original Source

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Project Description

Project: Tranformation Developer Partner

Ref. #: PR2367-367-25

Type: RFP

Status:

Open

Open Date: Jan 31st 2025, 6:30 PM EST

Intent to Bid Due Date: Mar 31st 2025, 3:00 PM EDT

Questions Due Date: Feb 27th 2025, 3:00 PM EST

Close Date: Mar 31st 2025, 3:00 PM EDT

Project Description: The Norfolk Redevelopment and Housing Authority (NRHA) is seeking Developer Partner(s) in the transformation of two (2) existing public housing communities (Young Terrace and Calvert Square) that are part of the larger St. Paul’s Transformation Plan. These public housing communities span approximately 55 acres of publicly-owned land in the St. Paul's area, adjacent to downtown Norfolk, and near to Harbor Park Stadium, and the Waterside District. This Request for Proposal is soliciting proposals from experienced developers specializing in large-scale mixed-use redevelopment projects including affordable and market rate housing, rental housing, homeownership opportunities and commercial with the inclusion of a grocery component.
The successful party(ies) will demonstrate through its response that it possesses the necessary qualifications and experience. NRHA reserves the right to select multiple developer partners, including the possibility of a separate developer for each site. Upon selection, the Developer Partner(s), in collaboration with NRHA, will be responsible for negotiation, acquisition, design, master planning, financing, pre-development and development activities, in accordance with an agreed upon plan. Firms or entities with a proven track record in developing mixed-use, mixed-finance, and mixed-income projects are strongly encouraged to respond to this RFP. Respondents must clearly demonstrate a successful history of mixed-use development, in addition to their experience with mixed-finance and mixed-income projects. Applicants should particularly highlight their success with Low-Income Housing Tax Credit (LIHTC) applications, U.S. Department of Housing and Urban Development (HUD) area redevelopment programs—such as the Choice Neighborhoods Initiative (CNI) and/or HOPE IV—and development within Virginia.
NRHA seeks to partner with one or more developers committed to significant participation from minority and women-owned business (M/WBE), as well as participation from local and/or disadvantaged businesses.

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