By City of Apache Junction
The City of Apache Junction is pleased to announce the release of a Request for Proposal for the transformative development of its 10-acre property located in the downtown district. The centrally located site, which is situated off Idaho Road and Apache Trail, was purchased by the city earlier this year as part of its ongoing efforts to revitalize the area through the attraction of new businesses and investment.
The RFP, which is now available on the city website, is intended to solicit responses from developers requesting to either purchase or ground lease the property for commercial purposes.
Among the marketable attributes of the available property are:
- New residential units, currently in the planning stages, will be located in close proximity to the site;
- Over 900 linear feet of frontage on SR-88 (Idaho Road);
- Ideal location within an established “Opportunity Zone;“
- And developer fee credits, which can be applied to this property (to be applied when calculating building permit fees).
The release of this RFP follows the recent adoption of the Concentrated Downtown Master Plan Update by the City Council on Nov. 5. This document establishes the vision for the 10-acre site as a future node for shops, restaurants, hospitality uses, as well as a premier destination for the local workforce, visitors, residents and prospective residents to gather.
Interested parties can register and download the RFP documents via the city’s website. All parties who wish to submit a proposal have until January 9, 2025 to return the required documents to the City Clerk’s Office.
For the most current updates on the Downtown Master Plan Update, residents and community members can visit the project page on the city’s website at www.apachejunctionaz.gov/downtown. (Source)
