Developers now have an opportunity to contribute to the fastly growing, downtown Meridian.
The Meridian Development Corporation, or MDC, is looking for mixed-use project proposals from developers for the Civic Block. The land is owned by MDC and the City of Meridian.
[Developer opts out of Meridian Community Center project, but apartment & office project underway]
The land’s five parcels include Centennial Park, a parking lot, and Meridians Community Center. Respondents have the choice of submitting a proposal that includes a new community center or they can submit a proposal without. The proposal document says MDC and the city want a “creative proposal that will result in an iconic, signature mixed-use development.”
The property is on E. Idaho Ave. and 226 E. Broadway Ave. in an Urban Renewal District and it’s within the Meridian Opportunity Zone. Both help with taxes and funding of the development, to learn more about opportunity zones click here.
Meridians downtown is growing fast — the Old Town Lofts are under construction, new small businesses are popping up, and the unBound Library recently opened.
The MDC and cities document says that a pre-proposal meeting will take place on June 7, 2021, and proposals are to be submitted by August 24. More information on respondent requirements is available here.
