rfp: 221 south main street

On behalf of our Village Board, Management Team, and Community Development Department, thank you for your interest in the Village of Algonquin. The Village of Algonquin, Illinois (the “Village”) is seeking Qualifications/Proposals for the redevelopment of ±0.2 acre property located in downtown Algonquin at the northeast corner of South Main Street and Washington Street. The developer will either remodel the existing building or demolish and construct a new building with the intent of bringing a new restaurant user to downtown.

Read more in the Request for Qualifications/Proposals

RFQ/P Schedule

The selection process for the Request for Qualifications/Proposals includes the following steps. The village's goal is to negotiate a Redevelopment Agreement on or before April 1, 2025, with the intent to have the preferred development team deliver an end-user six to twelve months later. Please note that dates are subject to change.

• Publication and Distribution of the RFQ/P: Monday, October 7, 2024

• Village hosts an on-site information open house*: Thursday, October 17, 2024, from 9:00 AM to 12:00 PM

• Individual walk-throughs* (based on staff availability): Friday, October 18, 2024 – Friday, November 15, 2024. Walk-throughs may be scheduled by emailing PatrickKnapp@Algonquin.org

• Final answers to questions posted on the webpage: Friday, November 15, 2024 at 4:30 PM

• Qualifications/Proposals Due: Friday, November 22, 2024 at 12:00 PM Central Time

• Staff review period: Saturday, November 23, 2024 – Wednesday, December 4, 2024

• Village notifies highest ranked Development Team(s): Thursday, December 5, 2024

• Development Team interviews: Monday, December 9, 2024 – Wednesday, December 11, 2024

• Preferred Development Team notified: Thursday, December 12, 2024

• Village Board considers the Preferred Development Team: Tuesday, December 17, 2024

• Negotiations with the Preferred Development Team commence: Wednesday, December 18, 2024 – TBD.

*While the informational open house and walk-throughs are not mandatory, the village highly encourages interested Development Teams to attend one or both.

QUESTIONS

Answers to questions will be posted here.

ADDITIONAL INFORMATION

• Request for Qualifications/Proposals (PDF version)

• Building Plans
  1954 Building Plans
  1975 Building Plans

• Bank Walkthrough Video

• Downtown Planning Study

• Downtown Streetscape Master Plan

• Washington Street Parking Plan Map

• Washington/Harrison Street Streetscape Plan (Tentative)

• Demographics

• Education

• PUD Approval

• Chapter 21.6 - Old Town District Zoning Code

• Pre-demolition asbestos-containing Material Survey

• Asbestos Abatement Air Clearance Report

• Village of Algonquin Ordinances