Property Purchase Service for Redevelopment

The government authority located in Van Alstyne, Texas is seeking a property purchase service for redevelopment. The agency intends to sell the property to a developer, business, non-profit, or property management group that presents the best overall concept for redevelopment. This transaction must serve the agency's vision for growth, economic vitality, and community identity. The scope of work covers a range of redevelopment concepts that strengthen the local economy and serve the community. These concepts may include mixed-use development with commercial, retail, residential, or office components, as well as commercial or retail development. Other acceptable uses include hospitality, entertainment, live-work concepts, or other innovative developments. Eligible bidders must be onshore organizations based in the United States. The agency requires the performance of the work to be conducted offsite. Bidders must submit any questions regarding this opportunity no later than July 22, 2026. The agency is looking for proposals to determine the budget for this service. Bidders may submit their responses digitally via email or through an online submission portal. The evaluation will focus on finding the entity that presents the best overall concept for the redevelopment of the property.