CanadaBuys #BC228442

Development Partner Sought for Phased Rental Housing Project in Revelstoke, BC

This opportunity seeks a development partner for a phased rental housing initiative in Revelstoke, BC: - Government Buyer: - City of Revelstoke, British Columbia, Canada - Project Overview: - Development partner needed for the Oscar Lands rental housing program at 1004 Oscar Street - Project phases: initial workforce accommodation for BC Hydro's capital construction, transitioning to long-term community housing - Procurement Process: - Two-stage competition: Stage 1 (Expressions of Interest) to shortlist up to three teams, Stage 2 (collaborative development) to select a Preferred Proponent - Products/Services Requested: - Structure, design, permit, construct, and transition to operations for purpose-built rental housing - Notable Requirements: - Emphasis on financial viability and deliverability - No prescriptive technical specifications or named OEMs/vendors at this stage - Complex, multi-phase project requiring experienced development teams - OEMs and Vendors: - No specific OEMs or vendors identified in the solicitation - Locations: - Project site: 1004 Oscar Street, Revelstoke, BC - Contracting office: City of Revelstoke

Description

The City of Revelstoke is seeking proposals from qualified development teams to act as the City's Development Partner for a phased rental housing program on the Oscar Lands. The project involves structuring, designing, permitting, constructing, and transitioning to operations rental housing to address workforce accommodation demand related to BC Hydro's capital construction program. The workforce accommodation phase will transition to long-term community housing after the BC Hydro accommodation period. The procurement is a two-stage competitive process, starting with Expressions of Interest to shortlist proponents, followed by a collaborative development process to select a Preferred Proponent.

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