The National Park Service (NPS) has issued a Request for Proposals (RFP) to lease the historic 15 State Street in Boston, Massachusetts. The property, an 11-story office building constructed in 1902, is available for commercial use, with potential for office, hotel, or residential housing. The RFP outlines key dates for submissions, site tours, and question deadlines. The selected Offeror will have exclusive negotiation rights for a lease term of 40-60 years, subject to fair market value rent and specific insurance, utility, and maintenance responsibilities. Proposals must detail proposed use, improvements, financial capability, experience, environmental enhancement plans, and financial terms. The NPS emphasizes the property's historic preservation requirements and the need for proposals to align with NPS values and regulations.
The National Park Service (NPS) has issued a Request for Proposals (RFP) to lease the property at 15 State Street, Boston, Massachusetts. The RFP invites individuals and organizations to submit proposals for potential commercial uses including office space, hotel, or residential housing, emphasizing compatibility with the historic and environmental values of the park. Key deadlines include a proposal submission deadline of August 29, 2025, and a public site tour on June 26, 2025.
The property is a historic office building that requires significant renovations, and the selected lessee will assume full maintenance responsibilities and could benefit from tax incentives for rehabilitation projects. Proposals will be evaluated based on criteria such as financial capability, experience in property management, and proposed improvements that align with historic preservation standards. A competitive selection process is described, allowing for negotiation with the best-suited offeror.
Interested parties must adhere to specific submission protocols and ensure compliance with various federal, state, and local regulations. The NPS retains the right to modify or cancel the RFP process at any time. This leasing opportunity underscores the NPS's mission to balance commercial viability with historic conservation and visitor enjoyment of the national parks.
The Request for Proposals (RFP) issued by the National Park Service seeks offers to lease the historic property at 15 State Street, Boston, Massachusetts. The solicitation invites individuals or organizations to propose their plans for utilizing the property, focusing on commercial uses, including offices, hotels, or residential spaces. Key timelines include proposal submissions by August 29, 2025, and a selection expected four to six weeks thereafter.
The property spans 4,053 SF, features an eleven-story building with historic significance, and requires substantial renovations, including addressing deferred maintenance issues like roofing and plumbing. The proposer will assume full responsibility for property maintenance and improvements, which must adhere to historic preservation standards.
Proposals must include an operating plan, financial capability, relevant experience, and a plan for environmental sustainability. Selection will prioritize proposals that support park values, ensure historic preservation, and demonstrate financial viability. The RFP emphasizes the importance of complying with federal guidelines for leasing and historic property use. This process reflects the government’s initiative to leverage historic properties for community benefit while ensuring compliance with regulatory standards.
The National Park Service (NPS) is soliciting proposals to lease the property at 15 State Street, Boston, Massachusetts, aiming to engage developers or property management firms for commercial use. Key dates include the RFP release on May 27, 2025, with proposal submissions due by August 29, 2025. The property features a historic eleven-story building that must be maintained and improved according to federal and local regulations, including standards for historic preservation. Proposals must demonstrate compatible uses—such as office, hotel, or residential space—and enhance the property while adhering to environmental sustainability practices.
Proposals will be evaluated based on their alignment with NPS values, preservation of the historic quality, financial capability, relevant experience, and environmental enhancement efforts. A competitive selection process will ensure the chosen proposal meets Fair Market Value Rent requirements. The RFP emphasizes the importance of maintaining the building and offers potential tax incentives for rehabilitation. Interested parties must submit comprehensive proposals electronically, including detailed operational plans, improvement strategies, and financial information. This initiative highlights the NPS's commitment to maintaining its historic properties while offering opportunities for effective commercial use in urban environments.