Photo_-_Shot_Tower_.JPG

The file is an image (Photo_-Shot_Tower.JPG) related to a Request for Proposal (RFP) PEX015269 issued by the City of Bridgeport, Connecticut's Office of Planning and Economic Development (OPED) for the redevelopment of the former Remington Arms Munitions Factory site. The RFP seeks qualified developers to acquire and redevelop three sites: 812 Barnum Avenue, 889 Barnum Avenue, and the historic Shot Tower, totaling approximately 17.3 acres. Developers can propose acquiring and developing a single site or combination of sites, with a requirement to detail project phasing if multiple sites are involved. The RFP was released on September 16, 2025, with a response submission deadline of October 28, 2025, at 2:00 pm, and includes a non-mandatory site tour scheduled for October 7, 2025, at 10:00 am.

The City is seeking dynamic commercial, recreational, or clean industrial development proposals that will create high-quality jobs and support business growth. Proposals will be evaluated using a 20-point matrix across four criteria: developer's experience (5 points), financial strength (5 points), development concept (5 points), and project execution approach (5 points). The City is open to various transaction structures, including outright sale or long-term ground lease, with pricing based on fair market value. The site's current appraised values are $1,978,200 for 812 Barnum Avenue and $1,681,640 for 889 Barnum Avenue. Environmental remediation will be coordinated with Sporting Goods Properties Inc., and developers must comply with municipal, state, and federal requirements while aligning with the City's zoning regulations and Plan of Conservation and Development.