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  5. ›1.34 Acre Redevelopment Opportunity

City Of Northglenn·Colorado

1.34 Acre Redevelopment Opportunity

Closes 4/16/2026$1.5M – $5MRequest for Proposal
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Description

The Northglenn Urban Renewal Authority (NURA) is seeking a qualified developer or end‑user to redevelop a 1.34‑acre, mixed‑use site at the southwest corner of Irma Drive and East 112th Avenue in Northglenn, CO. The effort involves demolishing two vacant structures, addressing legacy petroleum‑related contamination, rezoning/re‑platting the parcels, and delivering a concept that aligns with the city’s high‑intensity mixed‑use vision. Bidders must submit a concise (≤10‑page) proposal that includes a site‑plan, development narrative, preliminary pro‑forma, and timeline. The award will be based on experience, financial feasibility, projected tax‑revenue impact, and overall community benefit. • 1.34 acre (≈55,370 sq ft) comprised of three parcels, currently zoned Commercial General. • Required demolition of two vacant buildings (Feb 2026) and environmental remediation of historic gasoline‑station residues. • Proposals must outline land‑use, building size, parking, landscaping, cost estimates, and a schedule; maximum length 10 pages (excluding resumes). • Evaluation emphasizes developer experience, alignment with Northglenn’s Comprehensive Plan, projected tax‑revenue gains, and sustainability. • No guaranteed payment; the developer will finance construction, possibly leveraging Colorado Enterprise‑Zone tax credits and negotiated public‑improvement contributions.

Attached files

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

Contact

Allison Moeding(Executive Director)

[email protected]

(303) 450-8743

Key dates

Opened
2/19/2026
Questions due
3/24/2026
Closes
4/16/2026
Projected award
5/14/2026
Duration
12 months

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531120
Solicitation №
East 112 th Ave. & Irma Dr.

Budget estimate

$1,500,000 – $5,000,000

The RFP does not disclose a fixed fee; compensation will derive from the developer’s profit on the redevelopment and any negotiated public‑improvement contributions. Assuming a modest 10‑15 % profit margin on a total development cost of roughly $15‑30 million (typical for mixed‑use projects of this size in the Denver metro area), the developer’s earnings could range from $1.5 million at the low end to $4.5 million at the high end. Additional revenue may come from Enterprise‑Zone tax credits, but those affect net profitability rather than direct budget. Therefore a realistic earnings estimate is $1‑5 million.

AI estimate from the solicitation

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