Main Street Homer (MSH) seeks to retain the services of an experienced company or individual to complete redevelopment planning for vacant historic buildings in downtown Homer, Louisiana.
This project is part of a Brownfield Revitalization Plan and will be funded by a Technical Assistance grant from the Louisiana Department of Environmental Quality’s Brownfields Program.
Application deadline is March 20, 2024.
Project Purpose:
MSH desires to catalyze private investment into downtown vacant buildings, ultimately returning them to productive use for the community. MSH anticipates that this planning work will also motivate inattentive property owners to rehabilitate their buildings and sell them, rather than allow them to deteriorate through neglect. The planning documents will be used to attract investors and financing to downtown Homer.
Scope of Work:
MSH will identify an economic development consultant to create redevelopment planning for approximately 18 vacant buildings located in the Nationally Registered Historic District in downtown Homer, La. The consultant would be hired to complete the following:
- Identify trade area(s) and conduct market analysis, including but not limited to demographics, retail leakage and gap analysis, market segmentation and traffic inflow/outflow patterns.
- Complete redevelopment planning for vacant historic buildings with deliverables including but not limited to – Investment pro formas, best tenant fit, informationo to attract private funding, developers, tenants and/or other interested end-users to the site along with building condition assessments.
- Provide information to prioritize public investment and incentives.
- Develop an implementation strategy.
- Conduct related community outreach.
Budget:
Interested consultants will provide a cost estimate for the activies noted above.
Proposal Submission:
Request for Proposals distributed – Feb. 2024
Deadline for Responses – March 20, 2024
Selection of Provider – May 1, 2024 (estimated)
Project completion – within 6 months of award!
Evaluation Criteria:
Main Street Homer will evaluate submission based on the following criteria:
- 25 percent – Demonstrated experience in redevelopment planning
- 25 percent – Relevant experience and capacity of project teams/personnel
- 25 percent – Demonstrated experience in effectively engaging with community members and federal/state partners
- 25 percent – Reasonableness of costs/price proposal
Contact Board President of Main Street Homer Jimmy Hand at 318-548-5621 or jhand@mainstreethomer.com