SLED Opportunity · NORTH CAROLINA · NORTH CAROLINA
AI Summary
Opportunity for redevelopment of 3.5 acres of City-owned land in Raleigh, NC, focusing on affordable housing along a planned Bus Rapid Transit corridor. The site is available via long-term land lease and seeks innovative development proposals.
Hillsborough-Western Redevelopment: The redevelopment site consists of a cluster of City-owned sites located at 0 Western Blvd., 5508 Western Blvd., 5507 Hillsborough Street, and 5511 Hillsborough Street totaling approximately 3.5 acres (the “Hillsborough-Western Site” or “the Site”), and will be made available via long-term land lease. These City-owned parcels present a unique opportunity for the City to create affordable housing along the planned Western Boulevard Bus Rapid Transit (BRT) corridor. The City encourages creative proposals and is looking to developers for innovative ideas that maximize the potential and efficiency of this site.
SLED stands for State, Local, and Education. These are solicitations issued by state governments, counties, cities, school districts, utilities, and higher education institutions — as opposed to federal agencies.
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