Arthur Street and Kimball Avenue Development Proposals (RFP)

The Urban Renewal Agency of the City of Caldwell, Idaho, is seeking proposals from developers to redevelop a property located at the intersection of S. Kimball Ave and Arthur Street in downtown Caldwell. The agency is looking for a developer who can demonstrate financial capacity and a workable planning and business framework for redevelopment of the property into a robust addition to the ongoing redevelopment of historic downtown Caldwell. The developer should provide a proposed timeline for negotiation of the Disposition and Development Agreement (DDA) and construction, as well as a detailed analysis of how the project concept meets the nine evaluation criteria set forth in the RFP. Some of the key points to be addressed in the proposal include: • Historic Context: The redevelopment should be compatible with or complementary to the historic character of the downtown area. • Development Timeline: The developer should provide a timeline for the project, including any uncertainties or contingencies that may affect the progress of development. • Financial Capacity: The developer should demonstrate the financial ability and experience to complete the redevelopment proposal. • Proposed Uses: The agency will evaluate responses with a preference for active ground floor uses over single-use projects with dormant ground floor uses. • Pedestrian-Friendly Design: The developer should provide a pedestrian-friendly design at the street level. • Scale: The project should establish a forward-looking scale for future development in downtown Caldwell. • Parking: The developer should explain and show how the project both fits the neighborhood and employs an urban parking approach. • Investment: The project should invest more in the redevelopment of the site, resulting in augmented property valuation. • Catalyst Potential: The project should leverage neighborhood assets, create and attract pedestrian activity, and be likely to stimulate spin-off and/or complementary development.