Columbia Ionwave #RFQu005-25-26-KDD Addendum 1

City of Columbia Seeks Development Partner for River Drive Vista Greenway Mixed-Use Project

The City of Columbia, SC is seeking qualified real estate development partners for the River Drive Vista Greenway Development project. - Government Buyer: - City of Columbia, Department of Procurement and Contracts - Contact: Kent Davis, Procurement Manager II - Project Scope: - Development of approximately 19 acres at 2714 River Drive, Columbia, SC - Focus on catalytic, residential-focused mixed-use development - Primarily multifamily housing (up to 80 units per acre) - Integration of public greenway amenities and small-scale retail - Partner will enter into an Exclusive Negotiated Agreement (ENA) for: - Site control - Due diligence - Financial structuring - Development planning - Construction and operations - Community engagement - Compliance with City’s Landscape Ordinance (tree protection), stormwater management (City and SCDES standards), and all required licensures/certifications - Incentives and Options: - Potential 35-50% property tax abatement over 10 years (subject to approval) - Possible public infrastructure funding via Richland County Transportation Penny - Opportunity to propose development across both parcels; possible sale of adjacent 12.17-acre parcel - No specific OEMs or vendors are named, as this is a qualifications-based solicitation for development services - Notable Requirements: - Emphasis on higher residential density and mixed-use components - Community engagement and compliance with local ordinances - Non-mandatory pre-submittal meeting and site visit - All questions submitted via IonWave procurement portal

Description

The City of Columbia, SC is soliciting Statements of Qualifications from qualified development firms for the River Drive Vista Greenway Development project. The project involves development planning, construction, and operations for parcels located at 2714 River Drive, Columbia, SC. The city seeks a partner for an Exclusive Negotiated Agreement to manage site control, due diligence, financial structuring, and community engagement. The solicitation includes a non-mandatory pre-submittal meeting and site visit, with responses due by April 30, 2026.

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