The Land Clearance for Redevelopment Authority of the County of St. Louis (“LCRA”) is a political subdivision of the State of Missouri organized pursuant to Chapter 99 of the Missouri Revised Statutes for the purposes, among others, of rehabilitating, redeveloping, and renewing real property for residential, commercial, or mixed-use for the economic benefit and social welfare of St. Louis County. Consistent with its organizational purposes, the LCRA owns certain residential and industrial, real property parcels located in the City of Wellston in St. Louis County, Missouri.
The LCRA issues this Request for Proposals (“RFP”) to purchase and redevelop an approximately 28.33 acre property, commonly known as the Wellston Industrial Park and located at 1335 Ogden Avenue, Wellston, St. Louis County, Missouri 63133 (the “Property”).
The LCRA has worked with the City of Wellston to develop and approve a redevelopment plan for Wellston, which would include the redevelopment of the Property. PGAV Planners conducted a review of the City of Wellston to evaluate the current conditions and its need for redevelopment and issued a report entitled the “Wellston Empower Plan” (“Empower Plan”). The Empower Plan is designed to facilitate the redevelopment of Wellston into productive commercial, industrial, and residential uses, including related parking, improved pedestrian and vehicular access, and recreational facilities. The LCRA and Wellston have approved the Empower Plan, which is available in the Informational Package (as defined below).
The intention of this RFP is to solicit proposals from developers (“Respondents”) that will contract to complete the redevelopment and purchase of the Property consistent with the Empower Plan (the “Redevelopment”). Other terms and conditions may be developed in response to specific proposals and incorporated into agreements that may be necessary to implement incentives for the Redevelopment.
PROJECT PROPOSAL
The LCRA seeks proposals (“Proposals”) from developers to contract for the redevelopment and purchase of the Property from the LCRA. The Property is being sold AS IS, without warranty as to any matters.
Addenda: In the event that it becomes necessary to revise any part of the RFP, revisions shall be made only by written addenda. Respondents shall bear the entire responsibility for ensuring that they have received any and all addenda. After the proposals have been received, no claim that the Respondent did not have complete information will be considered.
Rejection of Proposals: The LCRA reserves the right to reject any and all proposals at its sole discretion.
Informational Package. The LCRA will make an informational package (“Informational Package”) concerning the Property available to potential bidders, who may request a copy of the
Informational Package by contacting Howl Bean via email: [email protected] or by visiting the following web address: https://stlpartnership.com/real-estate/lcra/. The Informational Package is being provided as an accommodation only. The LCRA makes no representations or warranties concerning the accuracy or completeness of the documents in the Informational Package, and the LCRA and the LCRA Affiliates (defined below) shall have no liability to the Respondent for any expense or loss suffered by Respondent as a result of any errors or omissions in the matters disclosed or not disclosed in the Informational Package. The term “LCRA Affiliates” shall include the St. Louis Economic Development Partnership, St. Louis County, the City of St. Louis, and all agencies and departments and officials, agents, and employees of the foregoing.
See RFP Here.
See Attached Map.
Proposals Due: December 13, 2024 by 3:00 PM
Land Clearance for Redevelopment Authority
c/o St. Louis Economic Development Partnership
120 S. Central Ave., Suite 200
Clayton, MO 63105
Attn: Howl Bean II