City Releases RFP for Edgewater
The Community Development Authority of the City of Stevens Point (CDA) owns the property located at 1450 Water Street (the Property) and seeks proposals for the purchase and redevelopment/remodel of the Property. The Property is located on a bus route on the edge of Downtown Stevens Point and adjacent to the Green Circle Trail and the Wisconsin River. In addition, the Property is within walking distance to large parks, a farmer’s market, several area shops/businesses, and a senior center. Currently, the Property is home to a five-story, 64,904 square foot (approximate) senior apartment building that formerly operated under a HUD Section 8 New Construction.
The CDA seeks purchase and redevelopment proposals from experienced developers with the financial capability to carry out the redevelopment plan proposed.
The Edgewater RFP can be seen here.