Downtown Newport Development Partner Selection

The City of Newport is seeking a qualified development team to purchase and redevelop five downtown parcels at 609–615 Monmouth Street and 612–616 Dayton Street, including adaptive reuse of historic facades and substantial mixed-use development.

City of Newport > Office of the City Manager


General
Open (open)
RFP 2026-MON-2
Nov 20, 2026 08:00 PM
Oct 09, 2026 12:00 AM
Request for Proposal (RFP)
Local
Ask AI about this solicitation
Original Solicitation Links
[

RFP 2026-MON-2

]

monmouth property rfp #2

Contact
bsteffen@newportky.gov
+18592923666
998 Monmouth Street, Newport, KY, USA
Submission Instructions
Mail
Office of the City Clerk, City of Newport, 998 Monmouth Street, Newport, Kentucky 41071, Attn: City Clerk — RFP 2026-MON-2
Description

The City of Newport is soliciting proposals from qualified development teams to purchase and redevelop a 0.415-acre, five-parcel assemblage at 609, 613, and 615 Monmouth Street and 612–616 Dayton Street. The project is intended to deliver substantial, higher-density development while maintaining active, pedestrian-oriented ground-floor uses and using the Dayton Street frontage for parking, loading, and service access. The City places particular emphasis on adaptive reuse and preservation of the street-level facades at 609 and 613 Monmouth Street, restoration and incorporation of the neon signage associated with the former Brass Ass, contemporary infill at 615 Monmouth Street, and a well-designed Dayton Street elevation. Proposals must address the development concept, concept design, financial proposal, schedule, parking strategy, development team qualifications, comparable completed projects, contingencies, and acceptance of development-agreement terms. The selected respondent will negotiate a development agreement before conveyance.

Classification Codes
NAICS236220Commercial and Institutional Building Construction
PSCC1QAARCHITECT AND ENGINEERING- CONSTRUCTION: RESTORATION OF REAL PROPERTY (PUBLIC OR PRIVATE)
Smart Codes
real estate redevelopmenthistoric building rehabilitationmixed-use development
Specifications
Supply & Service
Yes
Timeline
Oct 9, 2026-RFP Issued
Oct 16, 2026-Individual Site Tours (optional)
Tours are available by appointment through November 6, 2026.
Nov 6, 2026-Individual Site Tours End
Nov 09, 2026 09:00 PM-Written Questions Due
Nov 13, 2026-Final Addendum Posted
Nov 20, 2026 09:00 PM-Proposal Due
Dec 1, 2026-Committee Evaluation and Interviews, If Held
Jan 1, 2027-Recommendation to Board of Commissioners; Exclusive Negotiation Target
Apr 1, 2027-Development Agreement and Conveyance Consideration Target
Requirements
Required
Scored
  • Minimum 3 references
  • Within the last 10 years
  • Client point of contact required for each reference
Yes
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