Request for Proposals: #03-1920 Development of Vacant Parcels at Lake Ave. & North B Street

SUMMARY OF RFP

PURPOSE:

The purpose of this Request for Proposals (RFP) is to solicit proposals for the development of vacant, City-owned parcels along Lake Avenue and N. “B” Street in the mixed-use east zoning district (corresponding land use regulations are attached). The site contains three lots located between Lake and Lucerne Avenues and between “A” and “B” Street. The CRA is seeking one proposal for the development of all three lots. The intent of the RFP is to create a unified vision with similar uses in the District that complement the evolving landscape as seen further east on Lake and Lucerne Avenues. A proposal from one developer, willing to develop all of the parcels is required. It is the CRA’s intention to competitively select a Developer with the proven ability and interest to construct a development, and own the property once constructed. Projects must be at least three stories in height. The project should have a mix of uses, predominately residential. Due to the site’s location, at the entranceway to the City of Lake Worth Beach, the proposed development must be distinct, iconic and welcoming in its design. Proposers are encouraged to speak to City Staff to discuss architecture, ideas and possibilities.