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  5. ›Lakeside Apartments – Development Partner

Worcester Housing Authority·Massachusetts

Lakeside Apartments – Development Partner

Closes 12/14/2022$1M – $5MRequest for Proposal
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Description

The Worcester Housing Authority is seeking a development partner for the Lakeside Apartments project, a mixed‑use residential development located at 30 Lakeside Avenue in Worcester, MA. The RFP calls for a firm or consortium to assume responsibility for planning, design, financing, construction management, and possibly long‑term property management of the development. Four firms have already submitted proposals, indicating a competitive environment. The deadline for proposal submission is mid‑December, with a site‑visit pre‑bid conference held in mid‑November for interested parties. • Project location: 30 Lakeside Avenue, Worcester, MA • Scope: Development‑partner role covering planning, design, financing, construction oversight, and potential ongoing management • Submission deadline: 2:00 pm, December 14, 2022 • Primary contact: Purchasing Department, Worcester Housing Authority (email & phone listed) • Competitive field: Four known proposers (Boston Capital, Winn Companies, JJC‑Dream, AHSC Peabody Developer LLC)

Attached files

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

Contact

[email protected]

(508) 635-3203

Key dates

Opened
8/23/2026
Pre-bid meeting
11/16/2022
Site visit
11/16/2022
Closes
12/14/2022

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
236210
Solicitation №
22-30

Budget estimate

$1,000,000 – $5,000,000

No budget is disclosed, but a full‑service development‑partner contract for a multi‑unit residential project in a mid‑size city like Worcester typically ranges from $1 million to $5 million, depending on scope, complexity, and financing structure. Smaller portions (e.g., just construction management) would be on the lower end, while a comprehensive design‑build‑finance‑operate model could push the upper bound.

AI estimate from the solicitation

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