E Properties and Hill CDC Hill House RFP Bid for Four Properties

Hill House RFP Bid for Four (4) Properties from E. Properties with Community Partner Hill CDC

(Hill House Main, One Hope Square, Blakey Program Center and Family Dollar)

January 2019 – Hill House RFP Released

• 1/18 – URA released the RFP for the four (4) Hill House properties: Hill House Main, One Hope Square, Blakey Program Center, Family Dollar
  • Responses due by 2/13

February 2019 – Receiving Bids

• 2/13 – Original due date for bids to be received
• 2/27 – Deadline was extended for Hill House RFP bids
  • Hill House main closed in late January due to damage from reported water main break
  • Safety concerns prevented developers from necessary access to building, records, etc.
• 2/27 – Proposal submitted by E. Properties and Community Partner Hill CDC
  • Bid for all four (4) Hill House properties
  • Modernize all buildings to increase energy efficiency
  • Proposed to add an additional floor to Hill House main
  • Maintain all existing tenants

March 2019 – Reviewing Bids

• 3/19 – Special convening of the DRP to review submitted Hill House RFP bids.  2 bids were submitted.
  • E. Properties with Community Partner Hill CDC received a passing score of 91%
• 3/26 – Special Hill House RFP Community Meeting for residents to review and vote on bids that passed the DRP
  • E. Properties with Community Partner Hill CDC received cumulative (DRP + Community) passing score of 88%

July 2019 – Closing on Properties

• E. Holdings and Community Partner, Hill CDC closed on the sale of four (4) Hill House Properties for $4.9 million

Downloads:

Documents:		Size:
	Community Presentation	6.58 MB

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