Commonwealth of Kentucky (US) has launched a Request For Information (RFI) for a government building PPP project, which aims to acquire additional information to provide a basis for and to aid in potentially issuing a P3 Request for Proposals (RFP) procurement document.
The Commonwealth desires to enter into a public-private partnership with a P3 partner, which would develop, construct, and operate an urban, mixed-use, development in the heart of downtown Frankfort. It intends to consolidate within the project area a number of state agencies housed throughout Frankfort.
The mixed use development would need to include financing/construction/management of adequate low-rise office buildings for state agency consolidation of 1,000 employees, plus parking, commercial retail and/or residential space, as desired by the developer/respondent.
The project would also includes the demolition of the Capital Plaza Tower, the parking garage and the elevated plaza that overpasses Mero Street.
To that end, the Commonwealth solicits information, guidance, and advice from potential Developers/Respondents through submittal of information and/or scheduling one-on-one meetings with Commonwealth staff to discuss any issues and attempt to resolve any complications with the state-owned property.
Nearly 50,000 people reside in Franklin County including approximately 28,000 in the City of Frankfort. Each week day thousands of state government employees swell the population, providing additional opportunities for local establishments.