Seeking qualified development teams for the mixed-use development of Town/CHFA owned properties in Downtown Willimantic

Seeking qualified development teams for the mixed-use development of Town/CHFA owned properties in Downtown Willimantic

Town of Windham


Scope of the project:
Downtown mixed-use development in the heart of Willimantic. Development features include three historic buildings from which could be created a mix of Residential and Retail/Dining/Lodging/Art District/Entertainment space with garages. The cost of the project is estimated at $ 21 million with a 400-car parking garage.

Notable facts about Windham/Willimantic:
Windham located 32 miles east of Hartford, is the home to Eastern Connecticut State University and only 9 miles from the State's Flagship University, The University of Connecticut. Several years ago the downtown was declared an Arts and Entertainment District with a rapidly developing Arts District including Theaters, an Arts Magnet School, a Residential Art's Loft community, and art galleries. For entertainment related companies, relocating into the designated entertainment district, the Town has the option of providing a 100% property tax abatement for the eligible project for up to seven years. In addition to this benefit the Town of Windham is providing to any business locating in the Zone, a seven-year phase-in of any increase in property taxes as a result of any real property improvements. The downtown retains much of its 19th century architecture and proposals featuring historic restoration are encouraged. The Town recently received a Federal earmark of $ 500,000 for a parking garage in Downtown Willimantic.

A pre-proposal conference will be held on Friday, January 27, at 9:00 AM in Willimantic at the Town Hall to answer questions and tour the sites. This conference is not mandatory.

For questions or for printed copies of the RFQ and/or copies of compact discs (CDs) containing the RFQ and highlights of recently completed and future projects in Willimantic, please contact Ted Montgomery, Economic Development Director for the Town of Windham, at (860) 465-3061 or write [email protected]. To obtain the RFQ online, please visit www.windhamct.com.

RFQs must be received by the Town no later than March 2, 2006 5:00 pm EST.

For more information contact:
Ted Montgomery
Director of Economic Development
Town of Windham
979 Main Street
Willimantic,
CT 06226
USA
Phone: (860) 465-3061

(The Town plans to shortlist 3-5 developers to respond to the RFP)

Related Link: Willimantic Development Projects

For more information contact:

Ted Montgomery
Town of Windham
979 Main Street
Willimantic
CT 06226
USA

Phone: 860-465-3062
Fax: 860-465-3051
Email: [email protected]
Web: http://www.windhamct.com

Posted January 18, 2006



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