Oldham School Small Business Incubator Project - Building & Site Development
Title:  

Oldham School Small Business Incubator Project - Building & Site Development

Agency:  

Rhode Island City of East Providence

State:  

Rhode Island

NAICS Code:  

531110

Industry:  

Real Estate

Solicitation Type:  

Request for Expression of Interest

Solicitation ID:  

RFEOI -01

Open Date:  

8/7/2025

Pre-Bid Meeting Date:  

8/1/2025

Site Visit Date:  

8/1/2025

Questions Due Date:  

8/15/2025

Close Date:  

8/28/2025

Last Updated:  

8/23/2025

Description:
The City of East Providence is seeking Expressions of Interest for the development of the former Oldham School into a mixed-use community-focused building and housing campus. The project aims to support economic growth, promote entrepreneurship, enhance community wellness, and increase access to the arts and opportunities. The successful applicant will be responsible for concept development, community engagement, fundraising, consultant sourcing, construction administration, and operations. The project includes various elements such as commercial kitchen space, demonstration and performance spaces, makers' studios, coworking spaces, and event spaces. Key points to consider: • The project is located at 640 Bullocks Point Avenue, East Providence, RI, on a 3.9-acre lot. • The facility size is approximately 33,900 sq. ft. for the existing school building and 6,600 sq. ft. for the exterior space. • The target engagement is Q1 2026. • The City is looking for a multidisciplinary firm or team with expertise in underwriting, financing, concept development, consultant sourcing, entitlements, construction administration, design development, community engagement, and building operational management. • The applicant must demonstrate relevant experience, qualifications, and capacity for the project. • The evaluation criteria include relevant experience, qualifications, and capacity, as well as demonstrated understanding of community needs and familiarity with permitting and construction in RI.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Maura Rapkin, Hailey Grohman(Consultant)

maura@newventureadvisors.net, hailey@newventureadvisors.net

Budget Estimate (AI):

$10,000,000 – $50,000,000

The budget for this project is difficult to estimate without more specific information on the budget and funding sources. However, considering the scope of the project, which includes the development of a mixed-use community campus with various facilities such as commercial kitchen space, demonstration spaces, and coworking areas, the cost could range from $10 million to $50 million, depending on the complexity of the design, materials, and labor required. This estimate is based on average construction costs for similar projects and the potential for significant investment in community development and economic growth initiatives.

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