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City of Fayetteville·Arkansas

Parcel 1 (East Gate Plaza) - Property Sale/Lease & Development

Closes 11/18/2025$1M – $10MRequest for Proposal
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Description

The City of Fayetteville is seeking proposals from qualified firms and/or development teams for the purchase or lease, and development of approximately a 7.068-acre tract of land owned by the City of Fayetteville. The development should provide long-term attainable or workforce housing. Key aspects of the job include purchasing or leasing the land, developing the site, and providing housing that meets the city's requirements. • The development should be on a 7.068-acre tract of land. • The site is located at the intersection of Happy Hollow Road and Huntsville Road. • The development should provide long-term attainable or workforce housing. • Proposals should be submitted by qualified firms and/or development teams. • The city is seeking proposals for the purchase or lease and development of the land.

Attached files

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

Contact

Amanda Beilfuss

[email protected]

Key dates

Opened
9/21/2025
Questions due
11/11/2025
Closes
11/18/2025

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
RFP 25-20 Addendum 2

Budget estimate

$1,000,000 – $10,000,000

The budget for this project is difficult to estimate, as the document does not provide a specific amount. However, considering the size of the land (7.068 acres) and the requirement for long-term attainable or workforce housing, the budget could be substantial. Factors that may influence the budget include the cost of purchasing or leasing the land, development costs, and the potential revenue from the housing development. A rough estimate could be in the range of $1 million to $10 million, depending on the specifics of the proposal and the city's requirements.

AI estimate from the solicitation

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