B27RG04916 - Request for Proposals for Sale of Surplus Property for a Transit-Oriented Development at 3401 to 3427 N Clark and 947 to 949 W Newport (Vautravers Building)
Open State & local contract opportunity Posted
- Solicitation number
- B27RG04916
- State
- Illinois
- Responses due
Opportunity facts
- Jurisdiction
Opportunity details come from transitchicago.bonfirehub.com. Updated .
About this opportunity
The Regional Transportation Authority of Chicago is requesting proposals for the sale of surplus property at 3401–3427 North Clark and 947–949 West Newport (Vautravers Building) for transit-oriented development, with proposals due November 13, 2026.
The property comprises the Vautravers Building, located in Cook County, Illinois. The RTA is seeking a developer or development team to acquire and repurpose the surplus real estate as part of a transit-oriented mixed-use project. Respondents should address site feasibility, proposed development program, financial structure, and timeline for activation.
The RTA will evaluate proposals based on development vision alignment with transit-oriented principles, financial capability and proposed investment, community benefit, timeline, and project management experience. Award is anticipated within 60 days of the proposal close.
Opportunity text
Request for Proposals for Sale of Surplus Property for a Transit-Oriented Development at 3401 to 3427 N Clark and 947 to 949 W Newport (Vautravers Building)
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