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  5. ›RFP25C-3: 5009 Calumet Ave

City of Hammond·Indiana

RFP25C-3: 5009 Calumet Ave

Closes 12/2/2025$200k – $800kRequest for Proposal
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Description

The City of Hammond Redevelopment Commission is selling three parcels totaling roughly 14 acres for private redevelopment. Interested developers must submit a sealed Redevelopment Proposal that details demolition, environmental remediation, HVAC removal, and a construction plan, and include a 5 % deposit of the parcel’s minimum value ($681,187.50). The city will award the parcel to the highest‑and‑best bidder based on cost, schedule, experience, and financial capacity. • Minimum parcel value $681,187.50; 5 % deposit required (~$34,000). • Required deliverables: detailed improvement plan, demolition cost, HVAC‑removal cost, remediation plan, and evidence of financial resources. • Evaluation based on development quality, schedule, bidder reputation, experience, and ability to complete the project on time and within budget.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Anne Taylor

(219) 853-6508

Key dates

Opened
11/14/2025
Closes
12/2/2025

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
236220
Solicitation №
RFP25C-3

Budget estimate

$200,000 – $800,000

The minimum parcel value is $681,187.50. Assuming a typical redevelopment margin of 30‑40 % on total project costs (including demolition, remediation, construction, and soft costs), a developer could reasonably expect profit in the range of $200k‑$800k, depending on the scale of improvements, speed of execution, and market absorption. The wide range reflects uncertainty in construction costs, environmental cleanup expenses, and final sale or lease revenues.

AI estimate from the solicitation

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