RFPS

REQUESTS FOR PROPOSALS

A request for proposal (RFP) is a document that solicits proposals to procure a particular service, or achieve a desired outcome  -- such as the redevelopment of a particular site. The Oklahoma City Urban Renewal Authority (OCURA) frequently issues RFPs. Proposals must be submitted in accordance with the requirements outlined in the RFP.

 

THE PROCESS

Typically, OCURA disposes of land by drafting and implementing redevelopment agreements. These agreements are executed as a result of a request for proposal process in which the land is publicly advertised for sale and redevelopment. Prospective redevelopers submit proposals to purchase and redevelop OCURA's property in response to the RFP.  OCURA's Board and Executive Director may negotiate with one, or more than one, redeveloper to purchase and redevelop the property, select the redevelopment team(s), approving their plan(s), and evaluating their evidence of financing.

The specific criteria for selection are outlined in each RFP. In addition, the organization evaluates:

  • the plan which most effectively advances the goals stated in the OCURA mission statement

  • redevelopment teams who are best equipped to implement the  plan from the standpoint of their demonstrated qualifications, skills, and experience

  • the financing plan that affords the highest probability of successful development, the greatest investment in the community, and the most effective utilization of funds.

Once the team(s) have been selected, their plans reviewed, and their evidence of financing vetted, OCURA 's attorneys negotiate with the redeveloper and draft a redevelopment agreement that outlines:

  • the obligations of the redeveloper and OCURA,

  • the process for plan approval

  • the transfer of the land title

  • the scheduled deadlines for the beginning and completion of construction

  • the terms for issuance of a certificate of completion which concludes the process and certifies that the redevelopment entity has met all of its obligations under the agreement. 

This agreement is, in essence, the redeveloper’s best and final offer.  Once the agreement has been approved and executed, the construction timeline begins.  After the improvements to the property have been made and the certificate of completion has been issued,  the property may be placed in service, sold, or rented, and the redeveloper has no further duties to OCURA.

For more information, contact us here.

CURRENT RFPs

Harrison Walnut RFPs

-Request for Proposals for Property Located at the Northeast 3rd and Walnut

Deadline Extended to: Tuesday, November 12, 2019 at 3 p.m. 

Additional 3rd and Walnut RFP Information from Pre-submission Meeting

-Request for Letters of Interest for Jewel Theatre

Deadline: Monday, December 16, 2019 at 3 p.m. 

Pre-Submission Meeting: Tuesday, November 5, 2019 at 1 p.m.  at 904 NE 4th Street, OKC, OK 73104

Downtown RFPs

-Request for Proposals for Property Located at the Southeast Corner of NW 4th and E.K. Gaylord Blvd.

Deadline: Wednesday, December 4, 2019 at 3 p.m. 

Additional 4th and Gaylord RFP Information from Pre-submission Meeting

Core to Shore RFPs

None at this time

 

Northeast Oklahoma City RFPs

-Request for Proposals for Property Located at the Northwest Corner of NE 23rd and N Glen Ellyn Street. 

Deadline: Tuesday, December 31, 2019 at 10 a.m. 

-Request for Proposals for Property Located at the SE Corner of NE 23rd St. and Prospect Ave. 

Deadline: Tuesday, December 31, 2019 at 10 a.m. 

Residential RFPs

-Request for Proposals from Builders and Real Estate Developers for the JKF and NER Urban Renewal Project Areas.

Open ended. Residential design standards.

 

-Request for Proposals from Prospective Homeowners for the JKF and NER Urban Renewal Project Area.

Open ended. Residential design standards.

Helpful RFP Checklist. One Page RFP Requirements 

PRO FORMA TEMPLATES FOR PROPOSALS

-Multi-family Rental Template
 

-Retail/Office/General Commercial Template

DESIGN REVIEW PROCESS OVERVIEW

-Design Review Process
 
-Residential design standards.
2019 Oklahoma City Urban Renewal Authority

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