The City of Raleigh seeks innovative affordable housing development concepts for a 1.17-acre City-owned site in the West Idlewild Neighborhood.
The City of Raleigh seeks innovative affordable housing development concepts for a 1.17-acre City-owned site in the West Idlewild neighborhood – which lies on the eastern edge of downtown Raleigh.The Community Development Division is issuing this Request for Interest (RFI) to gauge the type of demand for the site. For-profit and nonprofit developers are encouraged to submit a Letter of Interest. In addition, the City would like to the interested parties to assess the site and propose its highest and best use. It is important to note that interested parties should consider all relevant City-sponsored plans and the City’s mission to improve the quality of life for Raleigh’s low- and moderate-income residents.
The City is placing a high priority on the following factors:
- Income targeting and income-mix
- Long-term affordability
- Density and land use
- Neighborhood character
The approximately 1.17-acre site is zoned Residential 10 (R-10) and consists of three parcels. There is plus or minus about 325 feet of frontage along East Lane Street and plus or minus 160 feet of frontage along Idlewild Street. This site is in an older part of the City; therefore, due diligence is recommended as it relates to utilities, stormwater, and historic preservation.
Details about submittal requirements can be found in the Lane Idlewild RFI
A virtual pre-proposal conference will be held on July 6, 2020 at 2 p.m.
All letters of interest are due by July 24, 2020 at 4 p.m.