107 W. Maple St. Redevelopment

The City of Farmington is seeking a development partner for the redevelopment of a 3.2-acre city-owned property located at 107 W. Maple St. The property is zoned for mixed-use development and offers a unique opportunity for a public-private partnership. The city is looking for a partner with experience in multi-family residential or mixed-use real estate development, public-private partnerships, and structuring projects with conventional commercial debt, private equity, or layered public/private financing tools. The selected partner will work with the city to explore site feasibility, evaluate mixed-income and market-rate housing scenarios, refine site/architectural concepts, identify public/private capital sources, and establish a viable civil engineering strategy for the site's FEMA AE flood plain. • The city is offering flexible land transfer options, pre-development data sharing, local incentives, and regulatory support to support project viability. • The selected partner will be required to demonstrate experience in urban design, site planning, and creative civil engineering solutions for constrained sites. • The project must comply with the city's Unified Development Code (UDC) and FEMA AE flood plain mitigation regulations. • The city is looking for a partner who can deliver a high-quality, impactful development that aligns with local economic revitalization and quality-of-life goals.