Development of 625 N. Broadway in Knoxville, Tennessee Q1607.docx

The document outlines a request for proposals from individuals or firms to purchase and develop a property in Knoxville, Tennessee. It provides detailed instructions on proposal submission, evaluation criteria, and scoring. The property in question is located at 625 N. Broadway and is part of a redevelopment and urban renewal plan for the area. The document emphasizes the goals and objectives of the plan, including economic development, historic preservation, transportation improvements, and land use opportunities. It also highlights the environmental conditions of the property and general guidelines for proposals, such as focusing on mixed-uses, preserving architectural appearance, and providing specific details on use, tenants, timeline, and budget. Additionally, it specifies the minimum purchase price, deposit requirements, and the consequences of failing to complete the sale.