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  5. ›Mixed/Market Rate Housing Development – Rollingwood Subdivision (RE…

City of Flint·Michigan

Mixed/Market Rate Housing Development – Rollingwood Subdivision (REBID)

Closes 10/12/2022$3M – $7MRequest for Proposal
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Description

The City of Flint is seeking a qualified developer to acquire and develop approximately 15 acres of the former Rollingwood Subdivision into mixed‑rate and market‑rate single‑family homes. The solicitation requires a comprehensive proposal that includes project team qualifications, financing strategy, site‑control documentation, market studies, detailed pro forma, insurance and bonding, and a community outreach plan. Bidders must submit six hard‑copy copies, one electronic PDF, and all required exhibits by the deadline, and will be evaluated on experience, financial capacity, compliance with local‑preference rules, and sustainability considerations. • Project site: ~15 acres at East Pierson Road & Branch Road, Flint, MI (≈ 79 parcels). • Required deliverables: transmittal letter, team bios, legal submittals, experience, concept plans, financing pro‑forma, site‑control evidence, market study, insurance, bonds, local‑preference certification. • Mandatory compliance: Davis‑Bacon prevailing‑wage, energy‑efficiency/LEED standards, local‑preference advantage (7 % Flint, 3.5 % Genesee County), insurance minimums, performance/bonding requirements. • Submission: 6 printed copies + 1 electronic PDF, sealed envelope marked with RFP title/number, due Oct 12 2022 11:00 AM EST.

Attached files

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

Contact

Samantha Fountain(Economic Development Director)

[email protected]

(810) 766-7340

Key dates

Opened
9/8/2022
Questions due
10/5/2022
Closes
10/12/2022

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531310
Solicitation №
P23-508

Budget estimate

$3,000,000 – $7,000,000

No explicit contract value is disclosed; however, the land value is estimated at roughly $90,000 and a typical mixed‑rate single‑family development on 15 acres could involve 20–30 homes at $180‑250 k each, plus soft‑costs, financing, and developer equity. This suggests a total contract value in the low‑to‑mid‑single‑digit millions. A conservative estimate would be $3 million to $7 million, depending on unit mix, design intensity, and financing structure.

AI estimate from the solicitation

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