Request for Proposals for Development of 710 Hamilton St. Redwood City, CA
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Description
The County of San Mateo (“County”) through its Department of Housing (“DOH”) is seeking qualified and experienced developer teams to submit a description of their qualifications together with a conceptual proposal to develop and operate a mix of low-, moderate- and middle-income housing with a preference for employees of public agencies within the County of San Mateo, including County employees, on a County-owned Property of approximately 20,500 square feet in size and located at 710 Hamilton St, Redwood City, CA 94063 (Assessor’s Parcel Number 052 364 110) (“Property”). The parcel is currently improved with a County-operated law library and is intended to be redeveloped for the provision of affordable housing with the foregoing local public employee preference. The Property is within a civic and commercial area in Redwood City (“City”) and located on a corner lot. This Request for Proposals (“RFP”) seeks submissions from all interested and qualified proposers (“Proposers”). The County seeks by way of this RFP to select a development team that has the qualifications to implement their proposal in a manner that maximizes the quality of development while also maximizing value to the County, and, by extension, the employees of the County. Proposers must be able to show that they and any proposed subcontractors can perform in a highly professional and effective manner. Such evidence includes, but is not limited to, Proposer’s demonstrated competency and experience in delivering affordable, deed-restricted development projects of a similar scope and type and capacity of the Proposer's personnel and financial resources. The County expects to negotiate and sign a long-term ground lease with the selected Developer/Owner to transfer control of the Property at the time the Developer/Owner achieves close of construction financing for a County-approved affordable housing project on the Property (the “Project”). Under the lease, the County will retain ownership of the land, and,…