Professional Services – Commercial Real Estate and Economic Development-Redevelopment Consulting Services

The City of Columbia, Missouri is seeking proposals from qualified firms to provide professional services for commercial real estate and economic development/redevelopment consulting services. The selected firm will be responsible for providing business retention, expansion, attraction, and creation commercial real estate consulting services, including market and economic analysis, development feasibility and site evaluation, redevelopment and revitalization support, public-private partnership and incentive guidance, economic development advisory services, and stakeholder engagement and communication. The contract period will be for one year, with the option to renew for up to five years and three months. • The scope of work includes providing general and site-specific commercial real estate market analysis, assessing economic, commercial, and demographic trends, identifying market gaps, opportunities, and challenges, and evaluating the development potential of City-owned or strategic private parcels. • The firm will also be responsible for conducting basic feasibility reviews, preparing simple financial evaluations, and assisting in evaluating redevelopment opportunities in key corridors or districts. • The City is looking for a firm with experience in commercial real estate and economic development, and the ability to provide high-quality consulting services. • The proposal should include information about the firm's organization, experience, and qualifications, as well as a detailed description of the proposed approach and methodology. • The City reserves the right to reject any or all proposals, and to negotiate with the selected firm to achieve the best overall value.