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Project Background
701 S. Public Road is located at the intersection of South Public Road and Kimbark Street. The Lafayette Urban Renewal Authority (LURA) originally purchased this property as part of an effort toward revitalizing a portion of South Public Road. Though LURA changed course in 2020 to not pursue redevelopment of the full 700 block, it is still a priority to revitalize the corner lot of 701 S. Public Rd. LURA is ready to reimagine what could materialize on the property under new ownership.
Why is LURA selling the Property?
It is not typical, or desirable, for an Urban Renewal Authority to own property for long periods. LURA is ready to sell the property through a competitive bidding process and ask individuals or teams to submit a plan and proposal. LURA will conduct community outreach to develop Guiding Principles to show what success may look like without being overly prescriptive of the exact project we want to see. Lafayette is a creative community, so we’re interested in new ideas from proposal teams.
Will the existing building remain on site?
LURA is open to adaptive reuse or new construction proposals.
Marketing Brochure and RFP
Coming soon!
Project Background
701 S. Public Road is located at the intersection of South Public Road and Kimbark Street. The Lafayette Urban Renewal Authority (LURA) originally purchased this property as part of an effort toward revitalizing a portion of South Public Road. Though LURA changed course in 2020 to not pursue redevelopment of the full 700 block, it is still a priority to revitalize the corner lot of 701 S. Public Rd. LURA is ready to reimagine what could materialize on the property under new ownership.
Why is LURA selling the Property?
It is not typical, or desirable, for an Urban Renewal Authority to own property for long periods. LURA is ready to sell the property through a competitive bidding process and ask individuals or teams to submit a plan and proposal. LURA will conduct community outreach to develop Guiding Principles to show what success may look like without being overly prescriptive of the exact project we want to see. Lafayette is a creative community, so we’re interested in new ideas from proposal teams.
Will the existing building remain on site?
LURA is open to adaptive reuse or new construction proposals.
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Page last updated: 12 Jun 2024, 01:55 PM
Location
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Lifecycle
Perform Environmental and Structural Testing of Existing Building
701 S. Public Road Redevelopment has finished this stage
Summer 2023
Conduct Community Engagement for Guiding Principles
701 S. Public Road Redevelopment has finished this stage
2023 - 2024
Finalize RFP and Procurement Process
701 S. Public Road Redevelopment is currently at this stage
Spring 2024
Accepting Proposals - Phase 1 Proposals Due
this is an upcoming stage for 701 S. Public Road Redevelopment
August 27, 2024
Phase 2 Proposals Due
this is an upcoming stage for 701 S. Public Road Redevelopment
September 13, 2024
Interviews with Shortlisted Proposals
this is an upcoming stage for 701 S. Public Road Redevelopment
September - October 2024
Negotiations, Community Outreach and Finalize Sale
this is an upcoming stage for 701 S. Public Road Redevelopment