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Last Updated | 04/24/2023 04:07 PM |
Project Title | RFP - Ground Lease of 7 Channel Street (Parcel U) In the Raymond L.Flynn Marine Park |
Physical Address | View project details and contacts |
City, State (County) | Boston, MA 02203 (Suffolk County) |
Category(s) | Government/Public |
Sub-Category(s) | Misc. Buildings |
Contracting Method | Competitive Bids |
Project Status | Conceptual Design, Construction start expected August 2023 , Request For Proposals |
Bids Due | View project details and contacts |
Estimated Value | $250,000 [brand] Estimate |
Plans Available from | Agency's Affiliate |
Owner | View project details and contacts |
Architect | View project details and contacts |
Description | The Economic Development and Industrial Corporation of Boston ("EDIC"), doing business as the Boston Planning & Development Agency ("BPDA"), conducts dispositions of EDICowned properties to encourage redevelopment and economic development in the City of Boston. This Request for Proposals ("RFP") offers qualified developers an opportunity to submit proposals for the redevelopment and ground lease of Parcel U (the "Premises"), located at 7 Channel Street in the Raymond L. Flynn Marine Park ("RLFMP") in South Boston, Massachusetts for the purpose of: enhancing its potential uses and value in a manner consistent with the zoning and other regulatory standards that define the uses of the Premises and capturing the opportunities presented by the 2022 RLFMP Master Plan Update. The Premises consists of land area of approximately 45,310 square feet, with a masonry and metal building thereon of approximately 27,049 square feet. Potential redevelopment of the Premises could include commercial, general office, high-tech manufacturing, life sciences, research and development, marine industrial, aquaculture and general manufacturing, or more traditional distribution and cold storage. Residential and hotel uses would not be considered. The location of the Premises could include a single engine company Boston Fire Department Station ("BFDS") within a proposed development. Therefore, this RFP requires proponents to include two development scenarios in their submitted proposals - Program A and Program B. Program A should consist of uses that conform to the goals articulated above. Program B shall conform to those goals, but also include the delivery to the BPDA of a core and shell space that the BPDA could dedicate to community and/or government use, a community benefit that shall come at no cost to the BPDA. To the extent permissible under applicable law, the BPDA anticipates that this space may serve as a BFDS as needed to better serve the South Boston Seaport and the City of Boston overall. The BPDA expects a ground lease price per year at project stabilization of at least $15.00 per gross square foot ("GSF") of floor area constructed for Program A and $10.50 per GSF for Program B. The Premises are being offered as is, without warranty of any kind, express or implied. If concerned about the Premises' condition, legal or physical access and the maintenance thereof, property lines or boundaries or any other matter affecting the Premises, prospective developers should investigate and conduct whatever due diligence and inspection deemed necessary. A fee of $10,000.00 is payable upon submission of proposals, and is refundable for those proponents not selected. For more information about this Request for Proposals, contact Reay Pannesi, Senior Real Estate Development Officer at (617) 918-6239 or Reay.L.Pannesi@boston.gov The method of Contractor Selection has not been Determined at this time |
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Details | Office, New Construction, Misc. Buildings, New Construction, Warehouse/Storage, New Construction.
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Bidder's List | View project details and contacts | ||||||||||||||||||||||||||||||||||||||
Prospective Bidders | View project details and contacts | ||||||||||||||||||||||||||||||||||||||
Project Documents |
Engineered Spec Sheet Architectural Plans Other Documents |