FREDERICTON – The City of Fredericton has issued an Expression of Interest (EOI)
for the sale and development of city-owned property located at 203, 209
and 211 Queen Street in the sest end of the city’s
downtown.
A mix of uses are permitted and encouraged for the site, including
commercial and residential projects, as outlined in the City Centre Plan. Any proposed development should include adequate parking to
accommodate the needs of the project. The City is selling these
properties together to facilitate a single development that may or may
not be phased.
The property has a total lot area of approximately 9,500 square
metres (2.3 acres), generally in rectangular shape, with 80 metres of
street frontage on Queen Street and a view of the St. John River. A
brief summary of information related to soil and flooding conditions is
available, but a more detailed analysis will be necessary.
“This is a very important piece of property in our Downtown,” said
Mayor-elect Brad Woodside. “There is construction occurring in the area
and Council is confident that this is a good opportunity for interested
developers.”
The purpose of this EOI process is to canvass interest in the
development of the property and to determine a short list of proponents
who clearly appreciate and accept the development objectives for the
site and who have the capacity to undertake a project that meets these
objectives. A short list of proponents will be selected to proceed
further. The lowest or any bid will not necessarily be accepted.
The RFP will be evaluated against the following criteria:
• the quality of the development concept and the compatibility of the concept with the City’s objectives and policies;
• the quality of the urban design component of the submission (including the scale and appearance of proposed buildings);
• the relevant experience of the submission principals; as well as
• the benefits to the community as a result of the development concept and the urban design.
Interested parties have until 3 pm on Tuesday, July 12, 2012 to
respond. The EOI document, entitled “Expression of Interest (EOI)
P12-42: For the Sale and Development of Land in Downtown Fredericton
203, 209, 211 Queen Street”, may be obtained by calling Bob Cormier,
Asset Management Manager for the City of Fredericton at 506-460-2082 or
via email to bob.cormier@fredericton.ca.
For more information about the property, including zoning information,
please contact Calvin Thompson, the City’s Real Estate Manager at
506-460-2036 or calvin.thompson@fredericton.ca.
