City of Farmington Ionwave #27-167997 Addendum 1

Farmington seeks development partner for 107 W. Maple St. Mixed-Use Redevelopment (P3)

This opportunity is for a public-private partnership to redevelop a city-owned property in Farmington, New Mexico. - Government Buyer: - City of Farmington, Central Purchasing Division - Project Overview: - Redevelopment of 107 W. Maple St., a 3.2-acre property within the Metropolitan Redevelopment Area (MRA) District - Property recently rezoned to Mixed Use (MU) to encourage residential and commercial development - Procurement Structure: - Two-phase process: - Phase 1: Feasibility analysis, concept refinement, and flood plain mitigation strategy (site is in FEMA AE flood plain) - Phase 2: Negotiation of development agreement for land transfer, site entitlement, construction, and long-term management - Requirements: - Demonstrated experience in mixed-use or multi-family development, public-private partnerships, urban design, and creative civil engineering for constrained sites - Compliance with local policy documents, affordable housing act, and flood plain mitigation strategies - Financial capacity and layered financing expertise - City Support: - Site data, utility maps, incentives (flexible land transfer, fee waivers, expedited permitting) - No specific OEMs or vendors named; City seeks a single, capable development partner - Notable Requirement: - Engineering solutions for flood plain constraints

Description

The City of Farmington, New Mexico, is seeking proposals from qualified developers, organizations, and private entities for a public-private partnership (P3) to redevelop a City-owned property located at 107 W. Maple St. The project is under the authority of the City's Metropolitan Redevelopment Area (MRA) District and the property has been rezoned to Mixed Use (MU) to encourage residential and commercial development. The goal is to select a partner capable of delivering a high-quality, impactful development aligned with economic revitalization and quality-of-life objectives. The procurement process includes a pre-proposal conference, a question submission deadline, and a tentative award recommendation date.

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