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City of Cincinnati·Ohio

Redevelopment of 254 Mohawk Street

Closes 11/4/2025$120k – $450kRequest for Proposal
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Description

The City of Cincinnati is seeking a qualified developer to transform a vacant historic parcel at 254 Mohawk Street into habitable housing that respects the Over‑the‑Rhine and Sohn‑Mohawk Historic Conservation District guidelines. The proposal must include a vision, site plan, feasibility analysis, financing strategy, community‑engagement plan, and any requested city incentives. Evaluation will focus on vision, experience, financial capacity, and economic inclusion. • Convert the 2,200 sq ft historic site (two masonry‑frame buildings) into multi‑family or single‑family units (minimum 1,200 sq ft per unit). • Align design with historic‑preservation standards, sustainability goals, and the city’s over‑the‑Rhine Comprehensive Plan. • Provide a detailed financial plan, disclose any needed city funding or tax abatements, and demonstrate capacity to meet code compliance within six months of transfer.

Attached files

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

Contact

Shannon Brower(Buyer)

[email protected]

Key dates

Opened
9/9/2025
Questions due
9/30/2025
Site visit
9/23/2025
Closes
11/4/2025
Projected award
12/1/2025
Duration
6 months

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
236220
Solicitation №
265X901099

Budget estimate

$120,000 – $450,000

No fixed contract price is disclosed; the city’s fair market value for the parcel is $132,000, and historic repair funding totals $119,000. A developer would need to fund acquisition, design, construction, and financing, likely drawing on private equity, loans, or city incentives. Assuming a typical development profit margin of 15‑30% on a total project cost of $800k‑$1.5M (reasonable for historic rehabilitation of ~2,200 sq ft plus site work), the developer’s earnings could range from roughly $120k to $450k. This estimate reflects variability in financing structures, potential tax abatements, and the scale of housing units created.

AI estimate from the solicitation

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