The City of Cypress has issued a Request for Qualifications (RFQ) in connection with a Mixed-Use Development Opportunity to develop approximately 13.3-acres (“Property”) of publicly owned property into a compelling mixed-use project providing the City of Cypress public amenities, job growth, and increased economic activity. Located along one of Orange County’s major transportation corridors, the Property is an integral component and catalyst for Katella Avenue. The Property offers the opportunity for residents, youth, and visitors to enjoy a dynamic day and nighttime environment. Proposals should integrate with the future redevelopment of Los Alamitos Race Course, promote retail activity along Katella Avenue, and present uses including a hotel, luxury cinema, casual and fine dining, and resort-style apartments.The City is presenting this opportunity to mixed-use developers with a successful presence in Southern California and the verified financial capacity to purchase and develop the Property. The ideal development entity is experienced, well capitalized, and a hands-on operator. The City seeks a partner committed to long-term ownership and operation of the project.
The City of Cypress has retained JLL and Kosmont Realty Corporation to arrange the sale of the Property and administer the RFQ process in collaboration with City staff.The RFQ can be accessed in the following "Documents" tab section of this profile and the deadline for submittals is 5:00 PM, Tuesday, April 10, 2018.
Created on February 21st, 2018 (last updated 6 months ago)