4127 GRAND RIVER AVE Detroit MI 48208-2713

Grand River Commercial Development Opportunity

- High Visibility commercial property located on Grand River Ave.

- Close proximity to Downtown Detroit

- Close proximity to residential, cultural, commercial, and governmental developments

- High Traffic counts entering and exiting the CBD

- Package includes 3 (City of Detroit ) Parcels, zoned B4 and totaling approximately 14,640 SF highlighted in Red at $12.30 PSF.

4107 & 4119 Rosa Parks and 4127 W Grand River

- Package includes 8 Detroit Landbank Authority (DLBA) Parcels, zoned R2 and totaling approximately 23,750 SF highlighted in Blue at $4.00 PSF.

1932 & 1946 W Alexandrine and 4108, 4116, 4124, 4134, 4144, and 4206 Vermont

- The City of Detroit and DLBA seek well-designed proposals for new construction that will build upon the inherent strengths of the site and integrate the site seamlessly with the surrounding neighborhood. Proposals shall exhibit walkable urban design principles; and sustainable neighborhood development strategies that may include the incorporation of multiple uses based on zoning conditions.

Response Packets

Please include the following in your offer:

1.Letter of Intent: Narrative of Respondent's approach to the development of the site, including proposed programming, unit mix and affordability, and any notable design features.

2.Site Design: Conceptual site plan and renderings and/or precedent images created or developed by a licensed architect.

3.Financials: Include bid price and sources and uses. List specific public sources and incentives and identify any funding partners.

4.Timeline: Project completion schedule, including public approvals, land sale and financing closings, and construction start and completion.

5.Team and Experience: History and overview of the Respondent and team members, including descriptions of other residential or mixed-use developments completed.