London Bridge Commerce Center : 2206 Commerce Parkway, Virginia Beach, 23454
One parcel of land on London Bridge Road, in the
City of Virginia Beach, Virginia GPIN: #2407-04-8646 (See Exhibit A)
The City of Virginia Beach Development Authority
(VBDA), City of Virginia Beach Department of Economic Development, is seeking
proposals from qualified Offerors to purchase the property for development.
The estimated land area is 18.24 +/- acres.
The property was most recently used as an Office Park.
Industrial - 1; Opportunity Zone, Hub Zone
II. Future Use
The VBDA is soliciting proposals that are
compatible uses within the NAS Oceana accident potential zone 1 (APZ-1) and
comply with the Navy easements on the land (see APZ–1 table and restrictive
easements). The VBDA is requesting that qualified (see section III. a. for
qualification criteria) persons/companies submit proposals to state their
intended purpose for the use of the land.
Qualified responders should include in their responses (1) the amount of
the purchase price; and (2) a description of how this area would be used and designed
including ingress and egress. Note: APZ-1 compatible use table, restrictive
easements, and site aerial
III. Proposal Requirements
a) Respondent Qualifications
|Workers' Compensation|| Statutory|
|Automobile Liability || $1,000,000 Combined Single Limit|
|Commercial General Liability || $1,000,000 Combined Single Limit|
b) Submittal of Proposals
Each respondent must submit with their proposal the items listed below:
Five copies of each proposal in a sealed envelope marked
"RFP # ED-19-03, London Bridge Commerce Center" on the outside.
All proposals shall be received and date-stamped in the location described below
no later than May 16, 2019 - 3:00 p.m. local time.
All proposals received after that time will not be considered, and will be returned unopened to the respondent.
Location for submissions:
City of Virginia Beach
Attention: Mr. Taylor Adams, Director
Virginia Beach Department of Economic Development
4525 Main Street, Suite 700
Virginia Beach, Virginia 23462
4. Proposals submitted by telephone, facsimile, or e-mail will not be considered.
5. All technical questions should be directed to Raymond White, Business Development Coordinator (757) 385-6464. c) Contents of Proposal
Respondents must include in their proposal the
following documents and information which will be used as evaluation criteria :
- Evidence of insurability at limits described above and a copy of your current insurance coverage;
- A description of the proposed use of the property;
- A description of your relevant experience;
- Types of improvements to be made by responder at responder's expense;
- Estimated capital investment
- Targeted timeline for improvements;
- Proposed terms of purchase agreement including purchase price offered;
- Letter of credit showing ability to provide necessary financing, if applicable;
- Landlord/mortgage company references for past two (2) years; and
- Anticollusion / Nondiscrimination / Drug Free Workplace Form as referenced in the
RFP document page 4
IV. Review and Selection
The VBDA will evaluate the proposals based on several criteria, including the purchase price offered for the real property and the compatibility of the proposed usage with the restrictions of the property as described and the best interests of the VBDA and the City of Virginia Beach. The participants will be notified by mail of the VBDA's selection. The VBDA reserves the right to reject any and all proposals and to select the proposal that it deems is in the best interests of the VBDA, even if it is not the highest purchase price. The selection among the proposals shall be in the sole discretion of the VBDA.
Only responsive and responsible proposals will be considered. Proposals that attempt to change or do not meet the requirements in this Request for Proposals may be rejected as being non-responsive. Each proposal shall be considered a valid offer until the VBDA notifies participants that it has selected a proposal.
If a proposal is selected, the VBDA will notify the selected participant and will prepare a lease setting forth the terms of lease consistent with the terms in this Request for Proposals and the participant's proposal. The responder will sign the purchase agreement, and then the matter will be put on the VBDA's Agenda for a public hearing and formal approval pursuant to applicable laws and procedures.