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  5. ›RFQ Mixed-Use Development of City-Owned Land-Blount & Gillespie Site

City of Fayetteville·North Carolina

RFQ Mixed-Use Development of City-Owned Land-Blount & Gillespie Site

Closes 7/8/2026$10M – $40MRequest for Qualification
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Description

The City of Fayetteville is seeking a qualified development partner to transform a 9.3‑acre, city‑owned parcel (the Blount & Gillespie site) into a mixed‑use community that includes mid‑rise multifamily housing, ground‑floor retail, and a significant public open‑space component while preserving the historic E.E. Smith House. The developer will acquire the land fee‑simple, finance the project privately, and may receive public incentives (e.g., tax‑increment financing) but must demonstrate sufficient financial capacity and experience with similar public‑private partnership projects. The solicitation is an RFQ (qualification) phase; shortlisted firms will be invited to a subsequent RFP for detailed design, financing, and construction proposals. • 9.3 acres (≈ 41 parcels) located immediately south of downtown Fayetteville, NC. • Mixed‑use program: mid‑rise (≈ 6‑7 stories) residential units (100‑235 apartments/townhomes), ground‑floor retail, and a sizable public realm that highlights the E.E. Smith House. • Private‑sector financing required; City may offer public‑benefit support (open‑space, infrastructure) but no fixed budget is disclosed. • Evaluation based on development approach, firm experience, project experience, key personnel, and financial capacity (100‑point scoring). • Mandatory submission of a signed acknowledgment of each addendum; final qualifications due July 8, 2026 (mail or hand‑delivery).

Attached files

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

Contact

Kimberly Toon(Purchasing Manager)

[email protected]

(910) 433-1942

Key dates

Opened
5/1/2026
Questions due
5/22/2026
Pre-bid meeting
5/15/2026
Closes
7/8/2026

Last updated

Details

Type
Request for Qualification
Industry
Property Development
NAICS
531311
Solicitation №
COF1516995

Budget estimate

$10,000,000 – $40,000,000

No explicit contract value is disclosed. A mixed‑use project of roughly 9 acres in a downtown market typically totals $100 million–$200 million in development cost. Developers generally capture 10%–20% of total development value as profit/fees, yielding an expected budget range of $10 million–$40 million. The lower bound assumes modest financing and limited public incentives; the upper bound assumes a higher‑density, higher‑value program with strong market absorption and potential tax‑increment financing.

AI estimate from the solicitation

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