514 Maple Avenue Substation #2 RFP

Avenue, Substation #2. The building was constructed in 1935 and is listed as part of the Ohio Historic Inventory. Preference will be given to projects that transform the property into a commercial use that will be a value-add to Hamilton’s existing businesses and residents, especiallyentertainment,foodand/orbeverageservicerelated.

Through this Request for Proposal (RFP) the City of Hamilton is seeking a Developer or Developers that can make a significant capital investment in exchange for a negotiable purchase price through a Development Agreement. The City of Hamilton does not have designated funding for this redevelopment; therefore, proposals must include a well-defined funding plan to upgrade the building to meet all current code requirementss. A $150,000 minimum investment will be required, and self-performed work can be part of the overall investment.TheselectedDeveloper(s)willberequiredtomaintainownershipforaminimumof fiveyears.

The City of Hamilton, Ohio is located in southwest Ohio and has a population of 62,000.

Founded in 1791, the downtown and surrounding neighborhoods still retain much of their historic urban fabric. In the past twelve years, Hamilton’s downtown has experienced over $500 million in investment, including new market rate apartments, shops, restaurants, a riverfront park and amphitheater, along with newly renovated retail and office spaces, a riverfrontconferencecenterandhotel,andNorthAmerica'slargestindoorsportscomplex.

PROPERTY OVERVIEW

514 Maple Avenue, Hamilton, Ohio 45011

Parcel(s): P6441019000008, -010, -012, -014, -015, -017, -018, -019, -020; -021, -022, -023, -024, -025, -026

0.65 Acres

Current photos provided in Appendix A

DEVELOPMENT OBJECTIVES

The purpose of this RFP is to solicit proposals for the redevelopment of 514 Maple Avenue. While the City of Hamilton is open to considering any concept proposed by the Developer that aligns with the City’s goals to reactivate the building to its highest and most productive use to enhance the vitality and quality of life here in Hamilton, strong preference will be given to those RFP submissions which adhere to the following:

InitialPurchasePrice-Proposeapurchasepricetoacquiretheproperty.

Redevelopment Time - It is expected that the schedule for redevelopment will incorporate thefollowingmilestones:

Within 12 months of agreement: building permits are issued for scope of redevelopment work.

Within 24 months of agreement: certificates of occupancy are issued for scope of redevelopmentwork

Proposed Redevelopment Budget - the provided breakdown of redevelopment budget should be sufficiently detailed and include, if applicable, anticipated self-performed labor hours and/or donated or discounted material costs. Please state what the minimum investmentinthepropertywouldbe.

Zoning Approval - the property is zoned I-1, Light Industrial. The redevelopment must meet zoning and use-group classifications for its intended use, and if applicable, obtain Planning Commission approval. For more information on I-1 zoning, view the Hamilton Zoning Ordinancehere.

ADRBCompliance-Asthispropertyispartofthelocalhistoricinventory,theredevelopment mustcomplywithsubmissionandapprovalrequirementsoftheArchitecturalDesignReview Board. For more information, please visit the ADRB website and review their new developmentguidelines.

Good Standing -Developer (respondent), developer’s business partner(s) or business associate(s), or any company, firm or organization that developer holds interest must not be delinquentinobligationstopayloans,fines,liens,taxes,feesorotherobligationsowedtothe City of Hamilton or Butler County, nor own any real property that: a) has or had any unremediated citation or violation of the state or local codes and ordinances within the two years prior to the developer’s application to acquire property; b) is tax delinquent; or c) was transferredtoalocalgovernmentasaresultoftaxforeclosureproceedings.

GoodStandingCont’d-OfallrealpropertythattheDeveloper(respondent)ownswithinthe City of Hamilton, or holds an interest, there shall not be more than four total citations of the City of Hamilton Health, Building, Fire or Zoning Codes within the two years prior to the developer’sapplicaitontoacquireproperty.

COMPETITIVE REQUIREMENTS

A development proposal will be selected based on, but not necessarily limited to, the following criteria/qualifications:

GreatesteconomicimpactonHamilton

The experience, the financial capacity, and organizational ability of the Developer (respondent) in successfully planning and completing development projects of similar type andscale,ontimeandwithinbudget

Pro-formaindicatesaneconomicallyviableproject

Leasablespaceshaveanidentifiedtenantwithsignedletterofintent,ifapplicable

The project preserves as much of the original historic interior and exterior features of the buildingsaspossible.

Theprojectdemostratessustainablepracticesinenergyefficiency

The City of Hamilton reserves the right to reject any and all responses without cause, make inquiries of Respondents and their references and clients regarding qualifications or information submitted as part of their response as deemed necessary, conduct personal interviews of any or all Respondents, and request and receive additional information as the City deems necessary. Prior to the award of a final development agreement, the City reserves the right (at its expense) of having Developer submit for financial background to insure capacity to perform in accordance with pro-forma submitted in application.

SUBMISSION GUIDELINES

Each Developer shall provide a general description and conceptual discussion of their proposed redevelopment and key factors in a successful redevelopment project. This description and concept shall enable the effective evaluation of the Developer's ability to achieve the redevelopment goals of the City of Hamilton and demonstrate what the Developer presently envisions for the redevelopment site and applicable portions thereof. The Developer should submit an electronic version of their proposal via email to lauren.nelson@hamilton-oh.gov.

1.

Cover - main point of contact, firm name(s), and the RFP title. Reference specific property proposal by street address as shown above.

3.

2. Design Concept - should include conceptual level visual materials, such as a site plan, massing models, elevations, etc. that convey key design concepts for the project.

4.

Project Narrative – Developer’s (respondent’s) approach to the reuse of the property, how project meets Development Objectives, description of innovative design features and project amenities, a description of the activities which may be located in the building, and proposed purchase price for the property.

Project Timeline - projected timeline for completion of project, with key milestones. The schedule can include the time needed to obtain financing, complete design and secure permits and approvals, prepare the site, start and complete construction, and start and complete lease-up and/or sellout.

Financial Summary - capital and if applicable, operating pro formas; major line item construction and design budget, sources of funding, ten-year cash flow projection for operations, etc.

5. Special Conditions/Assumptions - include special conditions or requirements for proposed project; examples might include land use changes, parking expectations, etc.

7.

6. Similar Completed Projects - relevant experience with similar projects.

8.

Project Team - identify the entities and persons involved in the project with a description of the roles each will play.

9. List of all properties (address and parcel #) owned within the city of Hamilton 10

Compliance with Development Objectives & Competitive Requirements - identify the aspects of proposal which specifically address compliance with development objectives and competitive requirements listed above.

Optional - if you wish to submit a visual presentation pitch to accompany your proposal that includes images, renderings, and high level bullet points to assist the CIC in making our decision that would be welcomed. Acceptable formats include PowerPoint, Google Presentation, etc. to be submitted electronically on CD, DVD, flash drive, or via email.

PROPERTY RESOURCES

TheCityofHamiltonreleasedaninitialRFPfor514MapleAvenuein2021.Whilearedeveloment projectdidnotultimatelymoveforward,progresswasmadeontheprojectsite.Thesematerials arebeingprovidedaspartofthisRFP.

ParkingLotPlans

SubstationPhase1Env.SiteAssessment

VacantLandPhase1Env.SiteAssessment

LimitedSiteInvestigation(VacantLot&Substation)

AsbestosReport

Complete architectural and MEP drawings available upon request from former prospectivebreweryproject

PROPERTY TOURS

Please contact Lauren Nelson at lauren.nelson@hamilton-oh.gov or 513-785-7278 to schedule a tour of the property.

SUBMISSION TIMELINE

All submissions are due by Friday, July 19, 2024 by 5pm.

Email submissions to: lauren.nelson@hamilton-oh.gov

Please contact Lauren Nelson, Economic Development Department, City of Hamilton, for any questions or to request additional information. She can be reached at 513-785-7278 or at lauren.nelson@hamilton-oh.gov.

CURRENT CONDITION OF EXTERIOR APPENDIX A

CURRENT CONDITION OF INTERIOR

CURRENT CONDITION OF INTERIOR

CURRENT CONDITION OF INTERIOR