Village of Holly - 400 Elm Street Former Industrial Site Redevelopment RFP 2026

The Village of Holly is issuing a Development Request for Proposals for the 4.38-acre former industrial site located at 400 Elm Street, Parcel No. 01-34-176-001, immediately north of Simonson Lake in Holly, Michigan. The property contains approximately 63,121 square feet of blighted and partially collapsed former industrial improvements with no contributory value, presenting a major residential redevelopment or compatible mixed-use opportunity. Desirable elements include site demolition, environmental due diligence and remediation, brownfield incentives, public open space, and enhanced pedestrian connections to downtown. Proposals are due by November 30, 2026, with written questions accepted through November 20, 2026. Submissions require one electronic searchable PDF and seven bound hard copies delivered to the Village Manager.

Quality and compatibility of the development concept 25%, Demonstrated experience and capacity of the development team 20%, Financial feasibility and credibility of the financing plan 20%, Environmental, demolition, and due diligence strategy 10%, Community benefits and catalytic impact 10%, Schedule, readiness, and ability to execute 10%, Reasonableness of requested public assistance and transaction terms 5%

Signed letter of interest, Executive summary, Development team and organizational chart, Comparable project experience and references, Concept site plan and renderings, Development program and phasing, Market support, Environmental and due diligence strategy, Preliminary sources and uses / development budget, Operating pro forma or disposition assumptions, Evidence of financing and financial capacity, Proposed purchase price/consideration, deposit, and transaction terms, Public assistance request and gap justification, Project schedule, Community benefits statement, Exceptions and assumptions, Acknowledgment of all addenda, Authorized signature