City of Sebastian MyVendorLink #ITN_GRM260685

City of Ocala Affordable Housing Development Solicitation – NW 7th Avenue Subdivision

This opportunity involves the City of Ocala seeking qualified developers for affordable housing construction in the NW 7th Avenue Subdivision. - Government Buyer: - City of Ocala Purchasing Department - Project Scope: - Development of affordable single-family detached homes and open space - Parcels total approximately 2.01 acres, with a targeted development area of 0.74 acres - Located in the West Ocala Community Redevelopment Area (CRA), Opportunity Zone, and Urban Job Tax Credit area - Land use designated as R-2: Two-Family Residential - Requirements: - Proposals must align with the West Ocala Community Redevelopment Plan and Vision - Emphasis on enhancing community quality of life, connectivity, walkability, green spaces, and aesthetics - Developers must demonstrate experience, financial resources, and ability to develop, market, and sell or rent residential units - Compliance with land use, density, and urban design standards is mandatory - Construction must start within 6 months of closing and finish within 18 months - Title transfer is contingent on project completion; title reverts if construction is not initiated within 6 months - No specific OEMs or vendors are named; the solicitation is open to qualified developers and contractors

Description

The City of Ocala is seeking proposals for constructing a residential development on approximately 2.01 acres, with a targeted development area of 0.74 acres in Section 2. The project aims to create affordable housing consisting of single-family detached homes and open space, aligned with the West Ocala Community Redevelopment Plan and Vision. The development is located in the West Ocala CRA, Opportunity Zone, and Urban Job Tax Credit area, with land use designated as R-2: Two-Family Residential. Construction is expected to start within 6 months of closing and be completed within 18 months, with specific contract terms including title transfer contingent on project completion.

View original listing