DEARBORN COUNTY INDIANA ACCEPTING PROPOSALS TO DEVELOP AURORA PROPERTY OFF US 50

(Dearborn County, Indiana) - The Dearborn County Redevelopment Commission (DCRC) is welcoming residential and commercial developers to submit proposals to develop a site on Randall Avenue in the US 50 Business park in Aurora, Indiana.
 
A Request for Proposals (RFP) was issued on November 17, 2023 by DCRC in regards to one parcel totaling approximately 1.077 acre(s) in size on the west side of Randall Avenue off of U.S. Highway 50. The undeveloped lot zoned for light industrial or commercial use is located at the entrance of the U.S. 50 Business Park.
 
The property recently appraised at $53,000, however, DCRC may consider selling the property below market value for projects bringing benefit to the area and creating a return on investment for Dearborn County. Proposals must be for the development of the properties as a a light industrial use, commercial business, or multi-family housing such as apartments, townhomes or condominiums. Developers must be willing to enter into an economic development agreement with DCRC regarding construction timelines, project investment, and design.
 
Proposals are being accepted through Friday, March 1 2024 at 4:30 p.m. and must include preliminary designs, quantities with detailed estimates, proof of financial security, and a portfolio of their past projects. Bidders must submit their proposals to Dearborn County Administrator Sue Hayden and One Dearborn Economic Development.
 
For additional information and requirements, the public and bidders may view the full DCRC RFP offering sheet for this property at www.dearborncounty.org or https://www.dearborncounty.org/egov/documents/1700244188_02942.pdf

Zoom Prospector Official Listing: Click Here
 
Questions may be submitted to One Dearborn, Inc. Executive Director Mike Perleberg at 812-537-4010 ext. 7233 or mperleberg@1dearborn.org.

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