RFP Questions _ Answers.pdf

PDF 75 KB Posted

Attached to
406 South 8th Avenue Housing Project
Solicitation number
RFP_2024_7_12
Issued by
Teller County, Colorado

About this file

The document is a compilation of Request for Proposal (RFP) questions and answers from the Town of Frisco, Colorado, regarding the 8th Avenue Housing Project. The RFP seeks a developer-led team to design, gain approvals, engineer, construct, and establish operations for a housing development that will include both Town employee housing and units for sale or rent. The project involves developing parcels with flexibility for a Planned Unit Development (PUD) that may allow for up to three stories, matching adjacent developments. The Town is open to various approaches, including alternative proposals from design and planning teams, and is currently developing a Strategic Housing Plan.

The housing project aims to create units at various income levels, with the Town planning to maintain control of 50% of the developed units for employee housing. The Town prefers non-Town employee units to be listed for sale and is open to incorporating market-rate units with light deed restrictions to supplement the Town's subsidy. Sustainability is a key consideration, with the Town anticipating adoption of the 2024 International Building Code and a Renewable Energy Mitigation Program. Funding mechanisms for the Town-owned units are not yet identified, and the Town will utilize a local management company for employee housing. The project is part of the Town's broader efforts to address housing needs and is flexible in terms of density, building height, and development approach.

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Town of Frisco, Colorado 8th Avenue RFP Questions

Below are questions the Town of Frisco received concerning the 8th Avenue Housing Project RFP. Answers provided by the Town are in RED font.

“The RFP outlines a desire for a developer-led team to provide all services needed to design, gain approvals, engineer, construct and establish operations for the housing project. If there is not a developer interested in leading, given the smaller nature of the project, would the Town consider an alternative approach where a highly qualified and experienced design, planning & engineering team would lead the project through approvals, design, cost estimating and establish multiple funding sources for the Town to consider developing the project itself?”

An applicant may submit a request based on this structure. The town will be reviewing selection based on the established Review and Selection criteria based in the RFP.

“If a PUD overlay is pursued, could the building height be three stories to match the adjacent project to the north, or should we assume the two-story limitation for all concepts?”

The applicant is permitted to apply for additional building height through the PUD district. This request will need to be reviewed through a public hearing process, the Planning Commission & Town Council.

“Are there any specific sustainability goals or required certifications that this project must meet?”

The Town is anticipating moving from the 2018 IBC to the 2024 IBC in January 2025. Please review additional requirements, including regarding Sustainable Code and Zero Energy Ready requirements here: https://www.friscogov.com/departments/community-development/building-division/. The Town anticipates moving into the 2024 International Energy Code in January 2025 and adopting a Renewable Energy Mitigation Program in the upcoming months.

“The community plan identifies one of these parcels as a vacant parcel with up to 3 units. If a PUD is pursued with higher density, then it would not conform with the Frisco Community Plan. Is it reasonable to assume that a higher density PUD proposal could be approved even though it is different than the Community Plan? The RFP seemed to indicate yes.”

The Town is currently creating a new comprehensive plan for the community. The prior identification of 3 units will not prohibit a higher density through a PUD proposal.

“Would a rezoning to Mixed Use be considered? This would be a complementary use with the parcels and developments to the north of the site.”

The Town would prefer a PUD District to be established over a rezoning request.

https://www.friscogov.com/departments/community-development/building-division/ https://www.friscogov.com/departments/community-development/building-division/

“The RFP references “various low to moderate income levels”. Does the Town have more specific affordability goals / AMI ranges that this project is intended to serve?”

Currently the Town is developing a Strategic Housing Plan which will identify specific affordable housing goals. At this time a variety of income levels is envisioned to support project costs and to spread opportunities at various AMIs.

“Has the Town contemplated / would it like to pursue any specific forms of collaboration with the Summit Combined Housing Authority? “

SCHA does not provide development or real estate services at this time.

“Does the Town have a preference between the non-Town-employee-occupied units being rental or for sale?”

The Town prefers to list the non-Town employee units for sale.

“Would the Town entertain market rate units to supplement the Town subsidy on the overall project?”

Yes. The town would consider a light deed restriction to supplement the Town subsidy.

“Would the Town consider allowing a third story on the units to match the density at the adjacent Boulevard Bend condos to mitigate the Town subsidy?”

The applicant is permitted to apply for additional building height through the PUD district. This request will need to be reviewed through a public hearing process, the Town Council & the Planning Commission.

“The RFP notes that the Town contemplates maintaining control of 50% of the developed units for Town employee housing:

“a. Does the town envision deed-restricting these staff units to specific income levels?”

No

“b. If a master lease (or similar structure) is envisioned for the Town staff units, what potential AMI levels is the Town seeking to serve with these units that it maintains control of?”

No AMI levels are envisioned for Town employee housing as income and rent levels are established by Town of Frisco employee policy. Rents may be altered due to what is proposed by the project.

“c. Does the Town envision separately managing the units reserved for staff?”

The Town utilizes a local management company for current employee housing and would utilize them in this project.

“d. Does the town have a funding mechanism to own these units?”

Not identified at this time.

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