Moore Square East Affordable Housing Rendering

Redevelopment of Moore Square East and South


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RFP Development Team Selection

The Urban Projects Group is facilitating the redevelopment of several City-owned sites that border Moore Square. Goals for the two sites include providing mixed-income housing, retail space, and bringing greater vibrancy and pedestrian activity around this special downtown park. 

Moore Square East and South Sites

Through a Request for Proposal process initiated in 2022, LODEN Hospitality, LODEN Development, and Harmony Housing were selected as development partners.  

On the East Site, Harmony Housing is developing a mid-rise affordable housing project with 160 units, which is expected to break ground by the end of 2025. This is the primary public priority for this redevelopment project, as it will provide more housing options in Downtown with greater access to jobs and transportation. To help subsidize the affordable housing project, the remaining City land will be sold for market-rate redevelopment that will add additional residents, enhancing pedestrian activity, and supporting nearby businesses.

Due to challenging market conditions following the original RFP, the City and LODEN Development are no longer negotiating or proceeding with the original plan for the market-rate uses on the East Site. Rather, the City anticipates that it will be readvertised for potential buyers and/or development partners in 2026. The City is currently conducting a consultant-led market and design study to inform the disposition strategy.

On the South Site, the City remains in negotiations with LODEN Hospitality to construct a boutique hotel, which could add much-needed hotel rooms in Downtown and support adaptive reuse of the historic Esso Station. 

RFP Development Team Selection

On November 16, 2022, the City Council accepted the staff recommendation to initiate negotiations with the development teams led by LODEN Properties and LODEN Hospitality for the disposition and development of the Moore Square East and South sites: 

The other RFP submissions not selected:

On May 20, 2025, the City Council accepted the staff recommendation to end negotiations with the LODEN Properties team on the East Site and to initiate steps necessary to market the property to other potential buyers.

Contact

 

Ralph Recchie
Real Estate Division Manager
919-996-4286

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Lead Department:
Planning and Development