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Download the NW 4Th & Burnside Request for Proposals (RFP) DEVELOPMENT OF NW 4th & Burnside Reissued with Addenda: May 21, 2019 RFP Instructions 1. PROPOSALS DUE:JUNE 28, 2019 5. SUBMITTAL INSTRUCTIONS: BY 5:00 PM (PACIFIC TIME) The focus of this solicitation is on proposals for development. Those interested in submitting a proposal to the RFP (Proposers) should address 2. INFORMATIONAL PRE-PROPOSAL the Submittal Requirements outlined in Section 7. MEETING: Submittals will be evaluated against the evaluation An optional informational pre-proposal meeting and criteria listed in Section 8. site tour will be held: Proposals—by mail or email—are due at Prosper May 14, 2019, 3:30 - 5:00 pm Portland’s office no later than the date and time Prosper Portland listed above. To reduce the amount of paper used as 222 NW Fifth Ave., Portland, OR 97209 part of this RFP, proposals that do not exceed five megabytes (5 MB) may be delivered via email in Mi- Please RSVP at otct-rfp.eventbrite.com if you are crosoft Word (.doc) or Adobe Acrobat (.pdf) format interested in attending. to Bernie Kerosky at [email protected]. 3. RESTRICTION ON COMMUNICATIONS Proposals that exceed 5 MB should be delivered to After this RFP has been issued and before a de- Prosper Portland on a thumb drive (in .doc or .pdf veloper has been selected, direct all questions and format) in a sealed envelope addressed to Bernie comments regarding this RFP to Bernie Kerosky Kerosky. Proposers who email their proposal should ([email protected]). follow up with a phone call if receipt of their propos- al is not confirmed prior to the proposal deadline. Interested parties must not solicit information on this RFP from members of the Portland City Coun- Prosper Portland has not set a specific page limit cil, Prosper Portland’s Board of Commissioners, or for proposals. However, we request that proposals any Prosper Portland or City employee not spe- are both thorough and concise without unnecessary cifically named in the RFP, except upon invitation content. by Prosper Portland in a formal interview. Doing so may result in rejection of the proposal. Prosper Portland will not hold “one-on-one” meetings with Submit responses to: any interested party during the RFP process outside Bernie Kerosky of formal interviews. Prosper Portland 222 NW Fifth Avenue Portland, Oregon 97209-3859 4. QUESTIONS AND ADDENDA: Phone: 503-823-3459 Questions about any matter contained in this RFP E-mail: [email protected] should be emailed to Bernie Kerosky (email to: [email protected]). The deadline for questions regarding the RFP is May 24, 2019. All material changes or clarification of any matter contained in this RFP will be published in the form of a written addendum to this RFP at this location on Prosper Portland’s website: ProsperPortland.us/ bids. Prosper Portland may make a courtesy effort to notify interested parties that an addendum has been published but is under no obligation to do so. As such, parties interested in the RFP should refer frequently to the website for this RFP. Prosper Port- land may also load supplemental information about this project to that location. PROSPER PORTLAND RFP for the Development of NW 4th & Burnside 2 Table of Contents (Click on an item to jump to that section) Executive Summary 4 1. About Prosper Portland 5 2. Old Town/Chinatown Neighborhood 7 3. Property Summary 10 4. Community Development Goals 11 5. Compliance with Prosper Portland Policies 12 6. Financial Objectives & Transaction Structure 13 7. Submission Requirements 14 8. Evaluation Criteria 15 9. Terms of this RFP 16 Appendix 17 PROSPER PORTLAND RFP for the Development of NW 4th & Burnside 3 Executive Summary Through this Request for Proposals (RFP), Prosper • Community Priorities: Portland, the economic development and urban re- » Commercial / retail space on the ground floor to newal agency for the City of Portland, Oregon (City), activate the neighborhood is seeking proposals from qualified developers to redevelop one lot in Old Town / Chinatown, purchased » Mixed-income housing/market rate housing by Prosper Portland in 2017, and known as “NW 4th & » Cultural and community uses W. Burnside” or the “Property.” The vacant Property Amenities and design elements such as cul- totals 7,762 square feet and is located on the northeast » turally relevant design and art work that com- corner of NW 4th Street and West Burnside Avenue plements the Chinatown Gate as well as active adjacent to the Chinatown Gate. The property is in the ground floor storefronts. River District Urban Renewal Area and the Old Town / Chinatown Action Plan area. Prosper Portland expects the developer selected The goals for the property redevelopment include: through this RFP (Developer) to negotiate a Memoran- dum of Understanding (MOU) with Prosper Portland • Culture: Honor and respect the multicultural for the project. The MOU will generally define roles, history of Old Town/Chinatown through support responsibilities, contingencies, and commitments of for small businesses, development function and the Developer and Prosper Portland. Upon successful design, recognition of the location as a gateway to negotiation, Prosper Portland and the Developer may the neighborhood and with an emphasis on Chi- enter into a Purchase and Sale Agreement (PSA), Dis- nese/Chinese American culture. position and Development Agreement (DDA), or other agreement outlining in detail the terms and conditions • Vibrant Neighborhood: Include uses that activate of the redevelopment of the Property. the neighborhood on a 24/7 basis. • Welcoming Environment and Safety: Enhance the real and perceived safety of the neighborhood through street-level uses that generate positive economic activity, provision of lighting that bright- ens the neighborhood, and open and transparent design and storefronts. The Chinatown Gate, after it was erected in 1987. PROSPER PORTLAND RFP for the Development of NW 4th & Burnside 4 1. About Prosper Portland Created by Portland voters in 1958 as the Portland De- To achieve these goals, we are committed to evolu- velopment Commission, Prosper Portland has been a tion as an agency of change, and to operating in an driving force in Portland’s reputation for vibrancy and equitable, innovative, and financially sustainable way. livability. Prosper Portland’s 2015-2020 Strategic Plan Redevelopment of 4th and Burnside is intended to focuses our work on building an equitable economy, advance these goals, the community priorities outlined especially benefitting communities of color and those in the Old Town / Chinatown Action Plan and the proj- who have been historically underserved. ect-specific goals described in Section 4. With this plan Prosper Portland seeks to empower In carrying out our mission over the years, Prosper people, communities, and businesses to thrive in the Portland has played a key role in some of Portland’s regional and global economies, thereby increasing the most important landmarks, including Pioneer Court- percentage of households living at or above self-suffi- house Square, Pioneer Place, the Lan Su Chinese ciency by 2020. In doing so, we will ensure that Port- Garden, Governor Tom McCall Waterfront Park, the land—the city we love—becomes one of the most glob- Eastbank Esplanade, and Airport, Interstate, and Tran- ally competitive, equitable, and healthy cities in the sit Mall-Clackamas MAX Light Rail. Recent accomplish- world. Attaining the goal of widely shared prosperity ments involving property conveyance and redevelop- among all residents of Portland requires our deliberate ment include the following projects: and equal focus on four key areas: • The Burnside Bridgehead redevelopment partner- • Quality jobs. Our programs provide Portland ships have transformed the four-acre, four-block companies with access to new markets, technical Burnside Bridgehead site as an essential compo- assistance, and loans so they can grow and hire. nent in the city’s work to energize redevelopment, We also connect Portlanders with better access stimulate job creation, and generate tax increment to job training and job opportunities and support in the central city. Today, a mix of uses – commer- companies in a range of high-growth sectors that cial, employment and residential – activate the site, create quality jobs. build on its unique character, and provide opportu- nities for the community to gather. • Widely shared prosperity. We support small and growing businesses led by diverse entrepreneurs to thrive in innovative sectors and on main streets. We prioritize property ownership and real estate projects within communities of color and in low-in- come neighborhoods to create assets that can be passed on from one generation to the next. • Collaboration with our partners for an equitable economy. Collaboration with community-based or- ganizations, the private sector and other public en- tities is central to the success of our job-creation, place-making and economic-opportunity work across Portland. These partnerships ensure that the gains from economic growth and development benefit all communities, especially communities of color and those historically underserved. Photo: Guerilla Development • Vibrant neighborhoods and communities. Our • The 38Davis redevelopment project highlights work strengthens Portland’s unique communities Prosper Portland’s strategic goals around sus- by building and increasing access to healthy, com- tainability, inclusion and partnership. The project plete neighborhoods – those with essential goods
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