Archives for May 2016

Old Medical Clinic Redevelopment Site RFP

The City of Hutchinson is soliciting proposals from potential developers for the redevelopment of a 1-acre city-owned parcel in the city’s downtown, one block west of Main Street, which is State Highway 15.

The developer submitting the winning proposal will have the opportunity to purchase the 1-acre commercial lot known as the “Old Medical Center” property for $1.

An appraisal based on the hypothetical condition that the subject property is a bare land lot ready to be built upon (development ready lot) was completed by Galen Goranowski (MN License # 20312287) Certified General Real Property Appraiser, in July 2015 suggesting an appraised value for the lot of $350,000.

Download a copy of the full Request for Proposals here:  Old Medical Clinic Redevelopment Site Request for Proposal