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Raleigh Convention Hotel and Downtown Development Project


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Top Links Background RFI Process & Requirements Questions and Answers (Q&A) Contact Info

UPDATE: Termination of Request for Interest

The City of Raleigh has terminated the Request for Interest process for the Convention Hotel and Downtown Development Project. The COVID-19 virus has negatively impacted the City’s hospitality tax revenue that was to be used in the future to provide assistance with project infrastructure and/or parking. Additionally, the City recently delayed the planned expansion of the Raleigh Convention Center until at least 2030, due to loss hospitality revenue due to the pandemic. With the financial uncertainties and the need for the City to focus on COVID-19 services and response, the City has terminated this project for the foreseeable future. Thank you for your interest in this project and for your understanding and patience while the City evaluated our current position and the project status.

Download the RFI

This is a unique and once-in-a-lifetime opportunity to develop a convention center hotel and separate office/mixed-use tower on two prime vacant lots in downtown Raleigh. Innovation, quality design and construction, and sustainability are important values to the City for this transformational project.

View the pre-proposal deck here

Thanks to everyone who joined us for the pre-proposal meeting on 2/21.   

Top Links

 

  1. The Site
  2. The Convention Center
  3. Tourism Information
  4. Fast Facts: Downtown Raleigh
  5. Raleigh Vs. Other Metros
  6. Other Resources

Background

The City of Raleigh is experiencing a surge in urban development. Since 2005, downtown has seen over $3 billion in development. This investment is due to the implementation of the "Livable Streets Downtown Plan." The plan reinvigorated Raleigh's iconic main street, improved pedestrian access, and funded a new convention center. Many large-scale private development projects followed this major public investment.  
 
The City of Raleigh continues to invest in the downtown experience with the adoption of a 10-year plan to add green space and retail while allowing for increased density and connectivity. This opportunity to build a convention center hotel and separate office/mixed-use tower will be a big component of progressing the City's plan.

RFI Process & Requirements

Selection Process

Based on RFI submittals alone, the City of Raleigh may elect to negotiate with one development team on the Hotel or Hotel-Office project. However, it is expected that the City will select a short-list of project development teams from the RFI responses to be invited to participate in a more detailed Request for Proposal (RFP) and interview process. Note that only those development teams that submit an RFI response would be eligible for consideration by the City for a subsequent RFP process, should the City opt to pursue such a process. The City of Raleigh reserves the right to select and negotiate with any development team or teams for the Hotel and/or Hotel-Office projects.

Download the RFI

Submittal requirements (see RFI for more detail)  

  • Cover letter
  • Team background 
  • Experience 
  • Project Understanding and Vision 

Submission Terms and Conditions 

The City of Raleigh reserves the right to modify and/or terminate this process at any point in time. The preparation of a response shall be at the expense of the proposer. The City will not reimburse proposers for any costs associated with the preparation or submittal of a response.

Any materials submitted in response to this RFI may be subject to inspection under the public records laws of the State of North Carolina. (See Chapter 132 of the North Carolina General Statutes for additional information on these requirements.)

Schedule

Date Details
27-Jan RFI released; meet the City project team at ALIS conference open house
21-Feb Pre-proposal meeting (1-3 p.m., Fletcher Theater at Duke Energy Performing Arts Center, 2 E. South Street)
28-Feb Written questions due
6-Mar Answers to questions released
1-May RFI Submittals due (by 5 p.m. to Tony.Peterman@am.jll.com)

Questions and Answers (Q&A)

  1. General / Market Related
  2. Convention Center Complex
  3. Project Specific - Buildings and Site
  4. Project Specific - Financial
  5. Project Specific - Parking
  6. Process

Other Requests: There were a series of additional requests, such as detailed financial, operational, and staffing information of the Raleigh Convention Center; Historical city tax collection data; Access to meeting with the City’s financial team; Metes and bounds of the sites; Historical and future financial detail of the Inter-Local Fund; and others.   Although these may be important considerations for the RFP process and future next steps, the City determined these to be non-essential for the RFI process.  Therefore, such information will not be provided at this time.

Contact Info

For further questions, please reach out to:
Tony.Peterman@am.jll.com 
Executive Vice President, JLL
phone: (404) 307-9279

Respondents are reminded that one electronic copy of the RFI response is due via email to the email above by 5 p.m. on May 1, 2020 with the subject line “Raleigh Convention Hotel RFI Response.”

Respondents should contact the individual listed above and are encouraged not to communicate directly or indirectly with City of Raleigh Council Members or other City employees regarding the RFI or submittals from the time the RFI is released until the City Council approves next steps in the process. Violation of this provision by the respondent or respondent’s agent may lead to disqualification from consideration.

Contact

 

Tony.Peterman@am.jll.com 
Executive Vice President, JLL
phone: 404-307-9279

Department:
Communications