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Bid Title: RFP: Request for Developer Proposals: Gateway West Redevelopment 5100-5112 W. 159th Street
Category: Community Development
Status: Closed

Description:
The City of Oak Forest is seeking a well-qualified developer-partner for the acquisition and redevelopment of the property located at 5100-5112 W. 159th Street in Oak Forest. 

The purpose of this Request for Proposal (“RFP”) is to solicit and evaluate the interest in, and ability of developers, or redevelopment groups, to work with the City to redevelop this property to ultimately create a moderately transit-oriented mixed-use development, commencing in 2020. The City intends to identify a developer, or redevelopment group, with whom the City can enter into a mutually negotiated redevelopment agreement(s) to accomplish this redevelopment vision. Generally, the City seeks proposals with any mix of commercial, dense residential and/or senior living components.

The total area of the property is 5.25 acres with 420 frontage feet along 159th St. (US-6) (see Exhibit A for map and survey); the City owns the entire property. The property is surrounded primarily by commercial, multi-family, and single-family uses. The property is located within the City’s “Oak Forest Metra Sub-Area”, as described in the City’s Comprehensive Plan (February 12, 2008), and within the current “TIF 7” (West 159th Corridor) District, which expires in 2039. The property is within a quarter-mile of the Oak Forest Metra station to the east on 159th Street. 

The City recognizes that although this redevelopment process will be a collaborative effort among the developer and the City, the resulting redevelopment project will be market driven. This RFP and other relevant information can be found at https://oak-forest.org/RFP. 

Specific questions regarding this Request for Proposals process should be addressed to:

Travis Bandstra
Director of Economic and Community Development 
City of Oak Forest
15440 S. Central Avenue
Oak Forest, IL 60452
(708) 444-4807 

Click here to download and review the complete RFP file.
Publication Date/Time:
9/27/2019 12:00 AM
Closing Date/Time:
Open Until Contracted
Pre-bid Meeting:
See Document
Download Available:
YES (PDF file)
Related Documents:

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