Request for Proposals - 123 Days Avenue

REQUEST FOR PROPOSALS

FOR PURCHASE OF THE CITY OF BUCHANAN’S
LOT LOCATED AT 123 DAYS AVENUE,
BUCHANAN, MICHIGAN

Formal letter of interest on letterhead of the respondent as well as all attachments as required in this RFP addressed to: Richard Murphy, Community Development Department, City of Buchanan 302 N. Redbud Trail, Buchanan, MI 49107. All sealed proposals must be received by the Community Development Department and time/date stamped on or before 3:00 p.m. on August 1, 2023. The City reserves the right to reject late proposals without review. All timely bids shall be publicly opened and announced by the Community Development Director at City Hall on August 1, 2023.

BACKGROUND
123 Days Avenue is located in downtown Buchanan less than a block from the historic downtown primary shopping district and located directly across from The Common. This lot was once used by commercial businesses whose building was demolished and seeded leaving a grassy 0.20 acre lot zoned for commercial business. A City parking lot is located immediately adjacent to the lot.

CITY OBJECTIVES
The City’s objective is to sell the property to a business for development that would contribute to the activation of Days Avenue, complement and encourage interaction with The Common, and support the City’s mission for downtown development as stated in A Vision for Buchanan.
Suggested uses include downtown retail, arts and culture, restaurant, and/or small business/job creation.

SITE DESCRIPTION
Lot has a total of .20 acres. The grassy lot is accessible via a dirt alley off Central Court and adjacent City-owned public parking lot. (Attachment 1) The property is within the City’s commercial district, which allows for such uses as restaurant and retail. Due to the location of the lot, a successful respondent must be able to demonstrate that it has a ready cash reserve, or ready access to credit in order to implement a significant investment on the property within twelve months of purchase.