RFP: Mixed-use redeveloper wanted to repurpose downtown 2-acre parking lot (NM)

On October 29, 2018, the city of Albuquerque, New Mexico’s Metropolitan Redevelopment Agency issued a request for proposals (RFP) for the mixed-use redevelopment of a downtown site.

The site being offered in the RFP is a 2-acre parking lot at 400 Fourth St. NW, near Civic Plaza.

The new effort calls for a project that will be “a point of place-making, bringing together residents and tourists to add to the current excitement and energy in Downtown Albuquerque.” According to the RFP, it must offer some kind of public amenity such as a park or gathering space, recreational facility, performance space or museum.

Developers are being asked to come up with a plan that “catalyzes economic growth and redevelopment” downtown. The city will offer the site for fair value sale or lease, which it says will take into account social and economic benefits.

An ad hoc selection committee will review the proposals and make recommendations to the ADC.

Proposals due: April 29, 2019.

Photo via Google Maps.

See full RFP (PDF).

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