DUNSTABLE RFP for Lease of Land for Rental Housing Development
TOWN OF DUNSTABLE
REQUEST FOR PROPOSALS
Long-Term Lease of Land for Rental Housing Development
Pursuant to M.G.L. c. 30B, § 16, the Town of Dunstable is requesting sealed proposals for the development of rental housing on Town-owned land. The Town intends that the selected developer will propose approximately 40 rental housing units with 25-percent restricted as affordable and all dwelling units qualifying for the state’s subsidized housing inventory. The Town expects to enter a land development agreement and a 99-year lease with the selected developer.
The Town-owned property is a 28.5-acre parcel located at 160-164 Pleasant Street and identified on Assessor’s Map 12 as Lots 48 and 49-1. The property is located in the Town’s Mixed Use Zoning District.
The Request for Proposal Package (RFP) containing information relative to the submission requirements will be available at https://www.dunstable-ma.gov/sites/g/files/vyhlif4361/f/uploads/affordab...
on April 20, 2022 and at the Town Administrator’s Office, Town of Dunstable, Town Hall, 511 Main Street, Dunstable, Massachusetts 01827, and available via email to firstname.lastname@example.org.
Sealed proposals will be received at the Town Administrator’s Office, Town of Dunstable, Town Hall, 511 Main Street, Dunstable, Massachusetts 01827 until 2:00 pm, on May 25, 2022. Ten (10) hard copies of the proposal must be delivered in a sealed package, plainly marked “160-164 Pleasant Street Development Proposal” along with a USB flash drive with files in PDF format.
All proposals shall remain in effect for a period of 120 calendar days from the deadline for submission, or until a land development agreement is signed by a selected developer and the Town, or this Request for Proposals is canceled, whichever occurs first.
The Town of Dunstable reserves the right to cancel the RFP, reject any or all proposals, waive any informalities in the proposals, and accept the proposal deemed to be in the best interest of the Town. A land development agreement and the lease will be awarded by the Board of Selectmen, if at all, to the responsive and responsible developer whose proposal is deemed by the Town to be the most advantageous, taking into consideration price, the evaluation criteria included in the RFP, and the results of an interview process with the Board of Selectmen. The RFP and supporting documentation do not constitute an offer or agreement to lease the property. Such an offer and agreement may result only from the execution of a land development agreement and lease by the Town’s Board of Selectmen.
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