South State from across the street

202-220 S. State St. Request For Proposals (RFP)

NOTE: The due date for the below RFQ was May 1, 2017.

The Chicago Department of Planning and Development (DPD) requests the submission of proposals from qualified master developer teams to purchase and redevelop federally owned commercial structures at 202, 212, 214 and 220 S. State St.

Located in the Loop Retail Historic District, the buildings are being made available for redevelopment through the cooperation of the City of Chicago and the United States government, which acquired the 20,700-square-foot site in 2007. The buildings are currently vacant and being maintained by the General Services Administration (GSA).

Federal statutes provide for the GSA to sell real estate directly to a local government. The Department of Planning and Development intends to coordinate the buildings sale as an intermediary to a private development entity according to the goals of the RFP.

The property includes:

202 S. State St.

Designed by Holabird & Roche and completed in 1915, the 16-story Century Building has 68,200-square feet of commercial space. Proposals to renovate the building are required.

212 S. State St.

The three-story, 11,499-square-foot John R. Marshall Co. building opened in 1920. The architect was Marshall & Fox.

214 S. State St.

The six-story, 7,200-square-foot structure opened in 1886. The building's original design was altered in 1935 by architect Isadore Alexander. The character-defining features of the alteration qualify the property for listing on the National Register of Historic Places. Proposals should strive to maintain the building's character-defining features, which are identified in the addenda to the RFP.

220 S. State St.

Designed by Jenny, Mundie & Jensen and completed in 1913, the 22-story Consumers Building has 198,400 square feet of commercial space. Proposals to renovate the building are required.

General Address: 202-220 S. State St., Chicago, Illinois, 60604

Goals and Objectives: DPD's primary goal is redevelopment of the site, beginning with the renovation and reuse of the two towers that contribute to the Loop Retail Historic District. Other objectives include the incorporation of 214 S. State's historic features into the redevelopment, enlivening the pedestrian experience, and providing uses that enhance the vitality of the promenade.

Alderman and Ward: Ald. Brendan Reilly (42nd)

Ownership: The United States Federal Government owns the buildings. Once a project is a selected, the property will be transferred to the City and then directly to the chosen developer in a three-way transaction.

Zoning: DX-16, downtown mixed-use.

Purchase Price: Fair market value.

 

State St Prop Map

Site Plan

Evaluation and Selection: DPD (and, as applicable, the GSA) will review the proposals based on the evaluation criteria and submission requirements outlined in the RFP. Among the criteria to be considered will be the completeness of the submission; the quality of the development proposal and its responsiveness to this RFP; the demonstrated qualifications of the development entity, especially as related to experience with successfully restoring large historic buildings; the offer price; the appropriateness of the proposed use(s) relative to the surrounding community; proposed site plans and design concepts; the proposed redevelopment schedule and the demonstrated ability of the development entity to execute the project in a timely manner; and the demonstrated financial capacity of the development team.
 
DOWNLOAD THE RFP:

RFP South State Street

202-220 S. State St. RFP

  KEY DATES:

RFP Release: Monday, March 20, 2017

Site Inspection: By appointment with the GSA

Response Due Date: Monday, May 1, 2017

Respondent Interviews: TBD