Downtown Waterfront Market Analysis and Redevelopment Strategy

The Port of Bellingham is seeking a qualified real estate and development advisory team to provide community engagement, market analysis, financial modeling, redevelopment strategy, and implementation planning for a 44-acre downtown waterfront district.

Port of Bellingham


General
Open
IPL0373133
Oct 01, 2026 11:00 PM
Sep 10, 2026 02:00 PM
Request for Proposal (RFP)
Local
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Original Notices

PORT OF BELLINGHAM DOWNTOWN WATERFRONT MARKET ANALYSIS AND REDEVELOPMENT STRATEGY REQUEST FOR PROPOSALS Notice is hereby given that proposals for the Downtown Waterfront Market Analysis and Redevelopment Strategy will be received by the Port of Bellingham until 4:00 p.m., October 1, 2026. Contract Documents are available on the Port of Bellingham's procurement portal at https://pob.bonfirehub.com. IPL0373133 Sep 13 2026

Contact
briang@portofbellingham.com
+13606762500
Bellingham, WA, USA
Description

The Port of Bellingham is seeking a qualified real estate and development advisory firm or team to guide redevelopment of the 44-acre Downtown Waterfront portion of the Waterfront District. The scope combines structured community and stakeholder engagement, market analysis, financial modeling and feasibility analysis, development strategy, and implementation planning. The consultant will evaluate potential mixed-use, residential, office, light industrial, marine trades, manufacturing, retail, cultural, institutional, and civic uses; assess achievable pricing, absorption, product mix, phasing, development pro formas, financial returns, and project cash flows; and test redevelopment scenarios against market, operational, infrastructure, and financial constraints. The three-phase engagement will establish community values and priorities, develop a Waterfront Development Approach, identify target uses, conduct market and financial feasibility analyses, and produce an implementation-oriented strategy and three- to five-year action plan. Deliverables will also address development delivery models, infrastructure and other enabling actions, decision workflows, pilot projects, public amenities, and potential future requests for proposals or property-transaction support. Respondents must describe their team, relevant commercial and mixed-use market analysis and development-strategy experience, community-engagement approach, key personnel, and capability to perform the required services. Responses are limited to one electronic PDF of no more than 25 pages and are evaluated on qualifications and relevant experience.

Classification Codes
NAICS531390Other Activities Related to Real Estate
PSCE111Purchase of Office Buildings
Smart Codes
real estate market analysisfinancial feasibility modelingwaterfront redevelopment strategy
Specifications
Service Only
Timeline
Sep 10, 2026 02:00 PM-Open Date
Oct 01, 2026 11:00 PM-Proposal Due Date
Requirements
Scored
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