REQUEST FOR PROPOSALS FOR PURCHASE AND DEVELOPMENT OF CITY OWNED PARCEL IN DOWNTOWN MONTPELIER

Bid Postings • REQUEST FOR PROPOSALS FOR PURCHASE AND DEVELO Skip to Main Content EMERGENCY ALERT Water Shutdown - Friday, February 27, 2026 Read On... Create a Website Account - Manage notification subscriptions, save form progress and more. Website Sign In Search Departments Boards & Commissions Services Community Downtown How Do I... Home Bid Postings Print Sign up to receive a text message or email when new bids are added! Print Bid Title: REQUEST FOR PROPOSALS FOR PURCHASE AND DEVELOPMENT OF CITY OWNED PARCEL IN DOWNTOWN MONTPELIER Category: Planning Status: Closed Bid Recipient: Joshua Jerome Description: REQUEST FOR PROPOSALS FOR PURCHASE AND DEVELOPMENT OF CITY OWNED PARCEL IN DOWNTOWN MONTPELIER Overview The City of Montpelier is soliciting proposals from qualified individuals, firms, partnerships, and corporations for the purchase and development of a City owned parcel located in downtown Montpelier. The City owned parcel is located at 12-16 Main Street and is currently vacant land that was previously the site of a beverage and redemption center. The purpose of this RFP is to identify a developer with the interest, resources, and experience to purchase and develop the property into a desirable addition to downtown Montpelier. The Designated Downtown District and surrounding mixed use districts provides a vibrant core to the City’s downtown and are popular tourism drivers. The City is amenable to entering into a development agreement with a qualified developer and may consider certain financial inducements in exchange for achieving mutually beneficial development outcomes. Background Information The City acquired several lots in 2018 which helped to construct the pedestrian path and municipal parking. The subject parcel was home to a one-story beverage and redemption center, and gas station decades ago. The parcel was initially enrolled in the VT DEC Brownfields Reuse and Environmental Liability Limitation Act (BRELLA) program in 2015 and a Phase I ESA completed in 2017. The City acquired the parcel in 2018 and subsequently demolished the existing structure. While demolishing the site building, the City’s contractor discovered five previously unidentified underground storage tanks and all were removed by April 2019. A Phase II ESA was completed in 2019 which identified several contaminants of concern in soil and groundwater. A Corrective Action Plan was developed by Weston and Sampson and approved by VT DEC in 2020. The City created the subject parcel through a lot line adjustment that was completed in the beginning of 2024. The subject parcel is 7,883 square feet in size and all metes and bounds can be found on the plat in Attachment A. Click here to View & Download the full Bid RFP. Publication Date/Time: 4/11/2025 12:00 AM Closing Date/Time: 6/6/2025 11:59 PM Submittal Information: Submit to Joshua Jerome, Community & Economic Development Specialist Contact Person: Proposal Submission Process and Deadline: All proposals are due by 4:30pm on June 6, 2025 to the Planning and Community Development Department. Proposers should submit one (1) digital copy (PDF) and up to three (3) print copies of the proposal to: Joshua Jerome Community & Economic Development Specialist Tel: 802.223.9507 Email: jjerome@montpelier-vt.org City of Montpelier Department of Planning and Community Development 39 Main Street City Hall Montpelier VT 05602 Download Available: Yes Special Requirements: Submission Requirements: The City desires proposals that meet the residential and commercial needs of the community. Proposers may submit mixed-use, residential, and commercial development projects. Proposals from developers who have demonstrated experience in similar developments working in historic downtowns core will be given preferential treatment. The proposal must include the following: Cover letter introducing the overall vision for the parcel, including why the proposal is right for Main Street Montpelier and identify primary point of contact; • Identification of consultants, if any, that may participate in the design and construction of the parcel; • Identification of any prior or concurrent projects of the respondent of similar size and scale to the proposal; • Identification of all funding incentives you may wish to pursue i.e. tax stabilization, CDBG grants, etc., and • Development concept for the parcel, including narrative description of concept, site plans (if available), and development timeline. Miscellaneous: RFP Schedule Summary Issue RFP by April 11, 2025 Last day for questions from proposing Developers May 23, 2025 Requests for Proposals due Friday, June 6, 2025 by 4:30 p.m. Staff analysis and scoring completed by June 9-13, 2025 Proposal recommendations to City Council June 25, 2025 City intends to execute a Development Agreement with the selected developer within 60 days of selection. This agreement will incorporate the provisions of the developer’s accepted proposal and will detail how the developer will develop, construct, and operate the project, including reconveyance rights. 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