Looking for a development opportunity in one of the best locations in the city?

Then sharpen that pencil because the City of Phoenix Community and Economic Development Department and Neighborhood Services Department have re-issued a Request for Proposals that may interest you.

The historic houses and carriage house (left) present an intriguing development opportunity. Photos courtesy of Arizona Preservation Foundation.

This RFP (technically “Addendum 5”) adds three properties to the Notice of Requests for Proposals “for the private financing, rehabilitation and adaptive reuse of the historic structures and development of a vacant city parcel.”

These city-owned properties are located at 814, 816 and 822 N. 2nd Avenue in the Historic Roosevelt Neighborhood (between Roosevelt and McKinley Streets). They include two single-family historic structures, a carriage house and a vacant lot.

The potential uses include owner-occupied residential, live/work, commercial reuse and/or professional office. They are a short walk or bike ride from METRO light rail, Hance Park, Lola Coffee, Pita Jungle, Crescent Ballroom, Cibo and soon, The Vig Fillmore.

Map image from “Addendum 5.” Courtesy of City of Phoenix.

“We are grateful for the diligence of City of Phoenix staff,” said Mark Davis, president of the Roosevelt Action Association (RAA). “Representatives of the City of Phoenix’s Neighborhood Services Department and Community and Economic Departments attended numerous RAA meetings and worked expeditiously in listening to RAA’s concerns with these long-vacant properties.”

“The city stabilized the historic structures, completed exterior rehab and brought the properties up to code,” said Nichelle Zazueta-Bonow, Economic Development Specialist with the City of Phoenix Community and Economic Development Department. “We feel this Addendum will be more attractive to potential proposers as we no longer require an up-front performance deposit due at the time of submittal.”

Said Davis, “We hope the properties are sold as soon as possible to owners that can finish the properties, so they become a catalyst for other market-driven redevelopment in the area.”

If you submit

Addendum 5 opened Friday, July 12, 2013.  Proposals will be accepted until 12:00 P.M. (noon) Arizona Time, Friday, August 30, 2013.

Link to download the RFP.

Link to download Addendum 5.

Addendum 5 to the Request for Proposals may be downloaded (via the link above) or picked up at Phoenix City Hall, 200 W. Washington Street, Phoenix, Arizona 85003-1611, 20th floor, reception desk.  For additional information about RFP-CED-2012-UMD01-A5, contact Isis Sanchez at procurement.request.ced@phoenix.gov or 602-262-5040.  For TTY assistance, 602-534-3476.