Downtown Redevelopment Opportunity

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Request for Proposals

[Legal Notice]

The City of Quincy is offering Tax Increment Finance (TIF) funding to assist redevelopment proposals for mixed use commercial/residential redevelopment projects.  The City is requesting building owners and developers of multi-story buildings submit proposals for upper-story residential redevelopment that will increase market-rate housing opportunities in downtown Quincy.  The city is willing and able to offer TIF funding assistance for acquisition, financing and renovation of mix use projects that support the development of market rate housing.

Proposals are to be submitted in a sealed envelope to:  Interim Director of Purchasing, 730 Maine St., Quincy, IL  62301.  The outside of the envelope must be clearly marked, “Downtown Redevelopment Proposal.”  Proposals will be accepted no later than 4:00 p.m., April 2, 2015.  RFP specifications can be found online at www.quincyil.gov/bids.  The City of Quincy reserves the right to waive technicalities and to reject any and all proposals.  The City of Quincy reserves the right to accept the most advantageous proposal for the city.

By order of:

James Murphy

Interim Director of Purchasing

View and download the Downtown Development Prospectus.