Tender Details

Country: Canada
Summary: Development of 425 Osborne into a Vertical Residential/Office Mixed-Use Project
CAT Ref No: 116616765
Deadline: 28 Apr 2025
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: Refer Document
Notice Type: Tender
Document Ref. No.: 278-2025
Purchaser's Detail:
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Description:
B3. PURPOSE OF THE EXPRESSION OF INTEREST DOCUMENTB3.1 The purpose of this Expression of Interest (EOI) is to identify an experienced and capable Respondent to work with the City in developing 425 Osborne Street into a vertical residential/office mixed-use project with affordable housing.B3.2 The Cityof Winnipeg is seeking innovative and feasible structuring approaches for the development of 425 Osborne, ensuring that:(a) The City retains ownership of the land.(b) The City retains ownership of at least two floors (depending on transit needs, building footprint and design) of Transit office/commercialspace within the development, including the main floor.(c) The Respondent is responsible for financing and constructing the development. The City will enter into a financial agreement with the Respondent to reimburse the City's portion of the costs of construction associated with the City'soffice/commercial space. This reimbursement may be structured through a series of payments, to be determined in subsequent negotiations, and could be based on milestones such as the completion of specific phases of the development. The Respondent will be responsible for the residential portion of thedevelopment, including any related leases, ownership arrangements, or other necessary financial obligations associated with that portion.(d) Upon completion of the project, the City will continue to hold ownership of the land and at least two floors of office space, while the Respondent willLetter ...
Documents:

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Development of 425 Osborne into a Vertical Residential/Office Mixed-Use Project - Canada Tender

The THE CITY OF WINNIPEG, a Government sector organization in Canada, has announced a new tender for Development of 425 Osborne into a Vertical Residential/Office Mixed-Use Project. This tender is published on CanadaTenders under CAT Ref No: 116616765 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2025-04-28.

The estimated tender value is Refer Document, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.