City of Mercer Island wants P3 for mixed-use development

Washington State- The city of Mercer Island is offering incentives for a private developer to build a mixed-use residential development and public parking garage. The city will provide $2 million and the land for the development. The project is located across the street from a light rail station that is scheduled to open in 2023. The three-quarter acre development site at the intersection of Sunset Highway Southeast and 80th Avenue Southeast includes the city-owned property and a former coffee house.

The city plans to rezone the property to allow a five-story development with ground-floor restaurant and retail space. Request for qualifications (RFQ) for this public-private partnership (P3) are due Oct. 5, with city tours of the site set for Sept. 11 and 20. Attendance is mandatory for anyone who plans to submit an RFQ.

West Maui Hospital foundation to issue RFP for 25-bed medical facility

Hawaii- The West Maui Hospital Foundation, formed to own and operate the West Maui Hospital, plans to issue a request for proposals to obtain a partner to finance and operate the facility in Kaanapali, West Maui. The Newport Hospital Corporation (NHC) has agreed to donate around 5 acres of land to the foundation. The land comes with a fully-approved plan and permits.

The goal is to build a 25-bed hospital that would be financed, built and operated by the winning bidder. The community has 60,000 people and only a two-lane road access. The hope is to attract a healthcare operator to come in and finish the project and build it for the community. The estimated total cost to build and equip the hospital would be close to $45 million. In-ground infrastructure for the project, worth close to $10 million, is already completed.

Port KC selects firm for P3 counsel

Missouri– The Port Authority of Kansas City (Port KC) Board of Commissioners approved the selection of a private firm to be the lead partner on a public-private partnership (P3) project. The firm will advise Port KC staff in the formation of a successful P3 to develop the Missouri River Terminal (MRT). This is the latest step in Port KC’s plan to transform 415 acres of land along the Missouri River, which is the site of a former steel mill, into a full-scale inland intermodal port.

 

The Port KC has determined the P3 model provides the greatest potential to create an intermodal inland port and sought to obtain expert services from the project’s inception. Port KC anticipates the next step will be to seek a financial adviser and begin the pre-procurement process with the selected firm’s assistance.

RFP issued for riverfront improvements in East Harlem

New York– New York City officials are soliciting bids from engineers and landscape architects for new riverfront improvements in East Harlem. The city will invest more than $100 million into its plan to fill in a seven-gap block of the East River Esplanade as part of a larger rezoning effort in the neighborhood. The seven-acre park will feature riverfront pedestrian and bike pathways between East 125th and East 132nd streets.

 

The city is also committing $15 million toward repairs on an existing segment of the East River Esplanade, as part of the East Harlem rezoning plan, that stretches from East 96th to 125th streets. The park space will fill in the current gap along the river and allow for a contiguous 32-mile Manhattan Waterfront Greenway. Submissions for the request for proposals will be accepted until Sept. 28.