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City of Thornton·Colorado

The Market at 88th Mixed Use Development Opportunity

Closes 8/6/2026$2.5M – $20MRequest for Qualification
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Description

The City of Thornton is seeking a qualified development partner to transform the former Thornton Shopping Center (≈ 15 acre) into a signature mixed‑use district anchored by retail, up to ~350 market‑rate residential units, and vibrant public‑realm spaces. The developer will be responsible for delivering a comprehensive development plan, phasing strategy, entitlement and permitting coordination, civil and subdivision design, and securing financing that leverages public incentives such as TIF, water‑tap‑fee credits, and possible land write‑downs. The process follows a two‑step RFQ/RFP sequence, with a shortlist announced in August 2026 and final award expected by December 2026. • Scope includes conceptual vision, site‑plan, civil construction plans, subdivision plat, and building‑permit set. • Must navigate Planned Development Overlay (PD O) regulations, 20 % open‑space requirement, and environmental remediation of historic PCE contamination. • Requires demonstration of development‑team qualifications, mixed‑use expertise, financial capacity, and phased implementation approach.

Attached files

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

Contact

Keith Griess(Sr. Contract Administrator)

[email protected]

Key dates

Opened
5/7/2026
Questions due
6/17/2026
Pre-bid meeting
6/17/2026
Closes
8/6/2026
Projected award
12/1/2026

Last updated

Details

Type
Request for Qualification
Industry
Property Development
NAICS
531311
Solicitation №
228-26

Budget estimate

$2,500,000 – $20,000,000

No explicit contract value is disclosed, but a mixed‑use redevelopment of this size typically involves total project costs ranging from $50 million to $200 million. Assuming a developer fee of 5‑10 % of total development costs, the expected earnings for the winning developer could be roughly $2.5 million to $20 million, subject to the final financing structure and the extent of public incentives applied.

AI estimate from the solicitation

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