The City of Cleveland and the Cleveland Metropolitan School District (CMSD) have today jointly issued a Request for Qualifications (RFQ) to select real estate development project teams for the redevelopment of 12 vacant school buildings and seven sites of vacant land owned by CMSD.
“These vacant school buildings and vacant land parcels provide opportunities for economic development in neighborhoods across the City of Cleveland,” said Mayor Frank G. Jackson. “The City of Cleveland looks forward to collaborating with the Cleveland Metropolitan School District on repurposing these assets to foster redevelopment and equity in our neighborhoods.”
The intent of the RFQ process is to identify qualified real estate development project teams interested in each site. Teams are invited to submit site-specific redevelopment proposals for consideration by the City and CMSD. Interested developers will be able to participate in an information session and tours of the building to learn more about the sites. The RFQ and selection process will be facilitated by the City of Cleveland.
“When we developed a plan for the future of our programs and facilities in 2019, the Board of Education asked that we also look at the future of our vacant buildings and property. We are excited to be partnering with the City of Cleveland in redeveloping unused properties and turning them into neighborhood assets,” said CMSD CEO Eric Gordon.
The RFQ calls for redevelopment plans to be guided by principles of racial equity and inclusion with respect to neighborhoods and/or include neighborhood wealth-building initiatives.
Click here to view the RFQ.
City & CMSD Release RFQ March 1, 2021
Informational Session w/Developers March 16 and 17, 2021 (RSVP by March 12)
Deadline to Submit CMSD Documentation Request March 19, 2021
Building Tours March 22, 23 and 24, 2021 (RSVP by March 19)
Questions Due April 12, 2021 (Answers by April 16)
RFQ Responses Due April 30, 2021
Respondents Notified of Preliminary Selection May 31, 2021
Following preliminary selections, project teams will work through due diligence and predevelopment before any properties are sold and transferred from CMSD to the selected development entities