TO POTENTIAL REDEVELOPER:

RE:     City of Woodbury / Request for Qualifications (RFQ) from Qualified Redevelopers for the 100 Block South Broad Redevelopment Project Pursuant to Downtown Business District Redevelopment Plan.

Please be advised that firms are invited by the City of Woodbury, Gloucester County, New Jersey (“City”), to submit a redevelopment proposal for the 100 Block South Broad Redevelopment Project and redeveloper’s qualifications for this project. The RFQ package and the materials needed to develop your submission is available online, in the Office of the City Clerk, 33 Delaware St, Woodbury, (856) 845-1300 ext. 146 or via email at [email protected].

As with all redevelopment projects in New Jersey, financing tools offered by the State of New Jersey and various federal programs may be available to enhance the financial benefits of this project. Funding can be discussed further once a redeveloper is selected by the City. The selected redeveloper will be encouraged to apply for funding from all potential sources available, and the City will assist in that process at no cost to the City. However, the City is not making any representations or guarantees and the Redeveloper must be capable of completing the project with its own financing.

The City will provide overall guidance and direction, and the improvements constructed by or on behalf of the selected redeveloper must adhere to those controls and regulations, as well as any State or other governmental controls and regulations, while also reflecting redeveloper’s vision. The improvements must incorporate distinguished architecture, signifying quality and permanence.

The City will not attempt to anticipate every possible design or land use solution. Rather, the redevelopment proposals received will be evaluated as to the manner in which they are anticipated to achieve the City’s objectives and the objective of the Downtown Business District Redevelopment Plan. The selected redeveloper’s vision for the Project Area shall be in general conformance with the Downtown Business District Redevelopment Plan.  The governing body and the Joint Land Use Board shall review and approve all proposed site and building plans in advance.

Interested redevelopers are asked to submit qualifications and proposals for the City’s receipt no later than the submission deadline of 3 p.m. on September 29, 2022, to the attention of Cassidy L. Swanson, Acting Municipal Clerk, 33 Delaware Street, Woodbury, NJ 08096.

The City will acknowledge each timely received response. Incomplete responses will be returned without consideration.

The City may interview proposed redevelopers in its discretion. Prospective Redevelopers shall identify their proposed project plan and expand upon its ability to complete the tasks, as requested by the City. The selected redeveloper will be notified of the City’s decision, and will have the exclusive right, during a time period chosen by the City, to negotiate a mutually acceptable Memorandum of Understanding and Redevelopment Agreement with the City.

The Memorandum of Understanding and the Redevelopment Agreement will require the redeveloper to post required escrow funds to off-set City professional costs related to the project.

The City reserves the right to reject any and all proposals and is not obligated to enter into a Redevelopment Agreement if, in the City’s sole discretion, it is not in the best interest of the City. The selected Redeveloper will be expected to acquire title to the Project Area from the City and redevelop it in accordance with the City’s Downtown Business District Redevelopment Plan and amendments to the plan related to this project. A critical feature in any proposal will be the terms and conditions for redevelopment of the property.

 

Cassidy L. Swanson, Acting Municipal Clerk

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