(Dearborn County, IN) – The Dearborn County Redevelopment Commission (DCRC) is welcoming residential and commercial developers to submit proposals to develop a site on Professional Park Drive in the Bright community in Harrison Township, Indiana.
A Request for Proposals (RFP) was issued on August 16, 2023, by DCRC in regards to four small, contiguous parcels totaling approximately 1.0 acres in size on the west side of Professional Park Drive between Business Center Drive and Megrue Drive. The undeveloped lots zoned for Local Business are located in the heart of the downtown Bright commercial business district.
The property was recently appraised at $160,000, however, DCRC may consider selling the property below market value for projects bringing benefit to the Bright area and creating a return on investment for Dearborn County. Proposals must be for the development of the properties as a commercial business or multi-family housing such as apartments, townhomes, or condominiums. Developers must be willing to enter into an economic development agreement with DCRC regarding construction timelines, project investment, and design.
Proposals are being accepted through Friday, November 3 at 4:30 pm and must include preliminary designs, quantities with detailed estimates, proof of financial security, and a portfolio of their past projects. Bidders must submit their proposals to Dearborn County Administrator Sue Hayden and One Dearborn Economic Development.
For additional information and requirements, the public and bidders may view the full DCRC RFP offering sheet for this property at www.dearborncounty.org or https://www.dearborncounty.org/egov/documents/1692110251_71143.pdf.
Questions may be submitted to One Dearborn, Inc. Executive Director Mike Perleberg at (812) 537-4010 ext. 7233 or [email protected].
(One Dearborn, Inc. press release)
