Project Information

Bid Title

Proposal to develop SE Corner of Fairchild and Vermilion

Issuing Agency

Danville city

Location

Illinois

Published Date

Oct 28, 2024

Closing Date

Dec 12, 2024

Government Level

State & Local

Status

Closed

Ref. #

762

Original Source

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Bid Documents

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Project Description

Bid Number:	762
Bid Title:	Proposal to develop SE Corner of Fairchild and Vermilion
Category:	Advertisement for Bids
Status:	Open

Description: We seek a forward-thinking partner to redevelop a prime 1.62-acre site at the heart of our Vermilion/Midtown Corridor. Located at 821 N Vermilion Street, at the intersection with Fairchild Street, this vacant, city owned parcel is poised to become a mixed-use development featuring 12,000-17,000 sq ft of commercial space. Just a 3-minute drive from downtown and adjacent to Danville High School, the site benefits from its inclusion in the Midtown Tax Increment Financing (TIF) District. Our vision for this project is clear: to create a vibrant, walkable destination that maximizes commercial potential, enhances public spaces, and fosters community engagement. We see this development complementing nearby healthcare facilities and serving as a catalyst for further corridor growth. Download RFP: https://www.cityofdanville.org/DocumentCenter/View/1033/Danville-Fairchild-Vermilion-RFP-PDF View the complete RFP at: www.reimaginedanville.org Publication Date/Time: 10/16/2024 8:00 AM Closing Date/Time: 12/12/2024 10:00 AM Contact Person: Logan Cronk Community Development Administrator lcronk@cityofdanville.org Business Hours: 7:30 AM to 4:00 PM Related Documents: Danville Fairchild Vermilion RFP (PDF) Fairchild and Vermillion - Market Analysis Report (PDF)

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