Sound Transit Biddingo #RP 0018-23

Lynnwood City Center TOD: Affordable Housing and Stream Restoration Project

This opportunity involves the redevelopment of the Lynnwood City Center Transit-Oriented Development (TOD) site, with a focus on affordable housing and environmental restoration: - Government Buyer: - Sound Transit is the primary buyer, with the City of Lynnwood overseeing stream restoration requirements. - Project Scope: - Development of affordable housing on a 2.1-acre parcel adjacent to the Lynnwood City Center Link light rail station. - The site offers approximately 92,857 net buildable square feet and is subject to City Center West zoning, FAR and height limits, and parking requirements. - Environmental and Unique Requirements: - Mandatory restoration of an onsite stream to support fish passage, either by daylighting approximately 512 feet of existing piped stream or installing a fish-passable culvert. - Restoration must create a fish-passable open channel with a 60-foot riparian buffer and 15-foot building setback, meeting Washington State Hydraulic Code and WDFW Water Crossing Design Guidelines. - Habitat restoration and stream bank stabilization are required, with compliance to state and local environmental permits. - If federal grant funding is used, full daylighting of the stream is required. - Long-term affordable housing covenants and TOD use restrictions will apply for at least 50 years. - Community and Funding: - Proposals must demonstrate meaningful community representation, especially for those most impacted by housing disparities. - Potential funding sources include the Washington State Housing Finance Commission, Amazon Housing Equity Fund, Snohomish County Housing and Community Services, and the City of Lynnwood Multifamily Tax Exemption program. - No specific OEMs or manufactured products are required, as this is a real estate and development solicitation. - Key Services Requested: - Implementation of the TOD project, including affordable housing development and stream restoration for fish passage.

Description

Sound Transit is soliciting proposals from qualified entities to develop a transit-oriented development (TOD) project on a roughly trapezoid-shaped parcel of approximately 92,857 net buildable square feet (2.1 acres) adjacent to the Lynnwood City Center Link light rail station in Lynnwood, WA. The project focuses on affordable housing development pursuant to RCW 81.112.350(1)(b) and includes requirements for stream restoration to support fish passage. Proposers must attend a pre-proposal meeting and submit proposals by October 20, 2023. The site is subject to various environmental, zoning, and transit operation constraints and includes detailed design and community engagement requirements.

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