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City of Madison·Wisconsin

Brayton Lot Development Project

Closes 7/9/2025$50M – $100MRequest for Proposal
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Description

The City of Madison is seeking proposals from qualified vendors, service providers, and developers for the Brayton Lot Development Project. The project aims to redevelop a surface parking lot into a mixed-use project, including residential, retail, commercial, and possibly laboratory space. The project must meet Federal Transit Authority (FTA) Joint Development requirements and incorporate private investment, benefit transit, and return a "fair share of revenue" to the City. Proposals will be evaluated based on factors such as sustainability, affordability, and unit mix, as well as the developer's experience and capability. • The project must include a mix of units at different Area Median Income (AMI) levels, including affordable and market-rate units. • The project must incorporate green building practices and sustainable design principles. • The project must provide a range of unit mixes, including 1, 2, and 3-bedroom units. • The project must include a plan for tree preservation, new street trees, and consistency with the Complete Green Streets Policy. • The project must provide a curb management plan and ensure that the development is accessible and pedestrian-friendly.

Attached files

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

Contact

Andre Hargianto(Purchasing Services)

[email protected]

(608) 266-4523

Key dates

Opened
4/3/2025
Questions due
4/18/2025
Pre-bid meeting
4/30/2025
Closes
7/9/2025
Duration
15 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
237210
Solicitation №
14001-0-2025

Budget estimate

$50,000,000 – $100,000,000

The budget for this project is estimated to be around $9,000,000, which is the net present value of the financial payments to the City over 15 years. However, the total project cost is expected to be higher, potentially in the range of $50 million to $100 million, depending on the scope and complexity of the project. The City may also provide financial assistance, such as tax incremental financing (TIF), to support the project.

AI estimate from the solicitation

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