Request for Proposal
EXECUTIVE SUMMARY
Date of Valuation:
Owner(s):
Address:
Property Type:
Land Size:
Current Zoning:
Highest and Best Use:
Tract 1:
Tract 2:
Visibility Description:
Utilities:
November 12, 2024
Brenham Housing Authority
Southwest Corner of E. Blue Bell Road and Gayhill St.
Vacant Land. Existing homes to be demolished.
15.2 Acres (6.2 acres + 9 acres)
R-2
Commercial and Residential
Approximately 458 ft on E. Blue Bell Road, 530 ft on Hasskarl, 785 ft on Gayhill Street
Approximately 1000 ft on Gayhill Street and 873 ft on Muse Street
Excellent visibility and access
Assumption that all utilities are available.
LOCATION MAP
PROPERTY AERIAL
PROPOSED DEVELOPMENT OF TRACTS
P R O P E R T Y P R O P O S A L INTRODUCTION
INTRODUCTION
The Brenham Housing Authority (BHA) is a public entity that was formed to provide federally subsidized housing and housing assistance to low-income families, within the City of Brenham, TX. It is governed by a Board of Commissioners and is subject to the requirements of Title 24 of the Code of Federal Regulations (CFR).
Currently, BHA owns and/or manages: 70 low-income housing units, 66 affordable housing units under RAD PBV, 160 affordable housing units under LIHTC, and 50 Section 202 Senior units. BHA currently has 13 employees. In the last 4 years, BHA has made use of tax credit programs to rehab and construct new units to replace aging public housing units. As a result, there are 15.18 acres located on R14505 - A0055 - Harrington, Arrabella, TRACT 184 that BHA plans sell and/or lease for redevelopment.
In keeping with its mandate to provide housing in the Brenham area, Brenham Housing Authority Is seeking proposals to purchase and redevelop these 15 acres of property at the corner of Bluebell and Gayhill St. in Brenham, TX. We are in the process of demolishing 19 duplexes and slabs on the West side of Gayhill St. There will then remain only 11 duplexes to abate/demolish on the East side of Gayhill St. The property has fully developed streets and utilities. The proposal should include price to purchase and/or lease land, or part of the land, with the Developer responsible for the demolition and asbestos abatement of all 11 duplexes should they purchase that portion, as well as a preliminary use plan for the property. The 15 acres could be divided (currently has not be replatted) into three sections which can be purchased separately or all together (see attached Map).
• Tract C – 2.7 acres that can be rezoned for business (B1). These 2.7 acres could be further divided as commercial property with frontage on 577 (E. Bluebell Road).
• Tract D – 3.5 acres (part of this area must be used for a property-wide detention pond). It would connect to drainage from the other acreages and then drain into storm drainage that runs through Fairview Terrace apartments. Eventually, this water would drain into the creek to the west of Fairview Terrace. The rest of the 3.5 acres could be developed as housing, commercial and/or green space.
• Tract E – 9 acres, which we would like to see redeveloped as starter homes (townhouses/patio homes, triplexes, quadplexes) with some being designated for rental, but we are open to other suggestions.
Additionally, all 15 acres are currently zoned as multi-family, so we are open to some of it being used as multi-family workforce and/or market rent housing. We realize that in the current market this presents a challenge, and BHA would be willing to work with the City of Brenham and the Developer in utilizing our PFC corporation or other means to help realize whatever incentives are necessary to make the project cashflow. The City of Brenham has asked for a 30% proposed visualization of what the redevelopment would look like to present to City Council with a proforma showing what incentives are needed to make it work.
