Solicitation Type: RFP
Department: Development & Investment
Issued by: Prosper Portland
Proposals Due Date: Aug 8, 2022 2:00PM (Pacific Standard Time) add to calendar
Status: closed
Posted: Jul 5, 2022

Description

Through this Request for Offers (RFO), Prosper Portland, the economic development and urban renewal agency for the City of Portland, Oregon (“City”), is seeking offers from qualified developers to acquire and develop a 0.14-acre parcel in Lents located at SE 90th Ave and SE Foster Road, Portland, known as the “Property.”  

Prosper Portland is seeking experienced development teams that can successfully develop the site in accordance with the existing planning and zoning requirements, utilizing it to its best and highest use. 

All developments within the Property must comply with the subdivision Requirements and Standards as well as zoning and City requirements.

Prosper Portland expects the developer selected through this RFO (“Developer”) to negotiate a Letter of Intent (“LOI”) with Prosper Portland for the Property. The LOI will generally define terms of a potential ground lease, roles, responsibilities, contingencies and commitments of the Developer and Prosper Portland. Upon successful negotiation, Prosper Portland and the Developer may enter into a Sub-Lease or Lease Assignment or other agreement outlining in detail the terms and conditions of the redevelopment of the Property.



Attachments

This project has the following solicitation documents.

Pre-Proposal Conference

No pre-offer meeting is scheduled for this RFO.

Vendor Questions and Answers

For Questions or Additional Information, Contact:

Submit questions and responses to:

Windol Cador

Prosper Portland

220 NW Second Avenue, Suite #200

Portland, Oregon 97209-3859

Phone: 503-810-0849

E-mail: cadorw@prosperportland.us

About Prosper Portland

We are the economic and urban development agency for the city of Portland.  We focus on building an equitable economy by carrying out a comprehensive range of economic development programs that support small business, improve access to workforce training, and create jobs for Portland residents. We work with partners to drive public attention and resources to different areas of the city, which helps Portland realize capital projects – parks, streetscape improvements, community centers –that would not happen on their own, making it a better place to live for all Portlanders.

Our Mission

To create economic growth and opportunity for Portland.

Our Vision

Portland is one of the most globally competitive, equitable, and healthy cities in the world.

Prosper Portland stimulates job creation, encourages broad economic prosperity, and fosters great places on behalf of the City of Portland.

We are a workplace of choice with passionate staff excelling in an open and empowering environment and sharing a commitment to our collective success.

Doing Business with Prosper Portland

If you're interested in doing business with us, we'd like to invite you to read our information for vendors, suppliers and contractors:

https://prosperportland.us/for-job-seekers/doing-business-with-prosper-portland/

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