1301 Lombard Ave, Everett, WA 98201

This is a structured RFP process for the sale of municipal-owned property. The RFP and preliminary due diligence materials can be found at the following website: https://www.everettwa.gov/2713/Bid-opportunities

PROPOSALS ARE DUE BY: February 4, 2025

Questions about the property and the RFP process should be directed to:

Theresa Bauccio-Teschlog, tbauccio@everettwa.gov, D: 425-257-8901

BACKGROUND:

The Everett City Council condemned the former Waits Motel at 1301 Lombard in 2024. The motel has been demolished, and the 1301 Lombard property is vacant. The City Council recently approved rezoning the Property to Neighborhood Business (NB). The City requests proposals for redevelopment of the Property as a townhouse or other “missing middle housing” project. It is desirable that the development commence construction in 2025, encourage owner occupancy and first-time homebuyers, and be environmentally friendly. The City’s intent is to sell the Property to the selected developer, who will then undertake the project as a private project. RCW 35.80A requires that a property transfer to a developer from the City be “at not less than its fair market value,” taking into account any covenants or other restrictions on the Property. As described in more detail in the RFP (link above, and attached to brochure), the City is requesting proposals from developers with direct experience in the financing and developing of townhouse/middle housing projects.