RFQP-0000085 – Linden Property Development

Description

REQUEST FOR QUALIFICATIONS AND PROPOSALS FOR THE PURCHASE OR GROUND LEASE TO PURCHASE OF THE DEVELOPMENT OF BLOCK 254, LOT 10 101 WEST ELIZABETH AVE, LINDEN, NEW JERSEY Issued by: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 36 WEST STATE STREET P.O. BOX 990 TRENTON, NEW JERSEY 08625-0990 Date Issued: Tuesday, July 7th, 2026 Proposal Submission Due Date / Response Due By: Monday, September 28th, 2026, before 2:00pm Reference # RERFQP-0000085 1 RFQP FOR THE PURCHASE OR GROUND LEASE FOR THE DEVELOPMENT OF BLOCK 254, LOT 10 1.0 PURPOSE AND INTENT AND PROCESS SUMMARY 1.1 PURPOSE AND INTENT The New Jersey Economic Development Authority (the “Authority” and/or NJEDA”) issues this Request for Qualifications and Proposals (“RFQP”) to solicit qualified Respondents for (i) an offer to Purchase the Property for development, or (ii) a long-term Ground Lease offer for development with a mandatory Purchase of the Property exercised at or before the end of the term located at Block 254, Lot 10, 101 West Elizabeth Avenue in Linden, New Jersey (“Property”). The Property will be governed by NJEDA approved disposition procedures and related policies. The Property’s Purchase or Ground Lease for development will also be consistent with the Redevelopment Plan for Block 254, Lot 10 as revised on March 13, 2023, by the City of Linden (“Redevelopment Plan”). A website link to the Property Redevelopment Plan is in Section 3.2.2 of this RFQP. 1.2 SUMMARY OF THE RFQP PROCESS The Property will be made available for Purchase or Ground Lease for development as follows: • Issuing the RFQP; • Accepting eligible Proposal submissions that demonstrate: - Financial ability to complete a Purchase or Ground Lease and develop the Property; - Relevant experience developing or redeveloping mixed used, mixed income urban residential or Transit Oriented Development (TOD) sites; - The suitability of its development concept.