The City of Irving, in partnership with Century 21 Judge Fite Company, invites proposals from qualified and experienced developers for the purchase and redevelopment of property at 318 E 2nd Street, a property within the City’s Redevelopment Land Bank. The project includes City approved drainage and water line improvements in accordance with the Heritage District Master Drainage Plan.
This property is intended for high-quality residential development, which may include townhomes, garden or cottage homes, single-family detached homes, uniquely designed structures of up to four units, or a combination of these types.
The city's goal is to select a developer whose project best aligns with the Land Bank’s goals: advancing economic growth, supporting retail, commercial, workspace and housing uses, promoting sustainability, meeting community needs in targeted development districts, and ensuring transparent community engagement.
The city seeks proposals that will accomplish the following goals:
Create a high-quality, vibrant, mixed-use environment.
Increase local property and sales tax revenues upon completion.
Enhance the economic vitality of the downtown.
Clearly articulate community benefits – job creation, housing, dining and retail opportunities, public space improvements, etc.
Show commitment to maintaining quality and community value long after construction.
Green building practices and climate resilience are strongly encouraged where applicable.
Current zoning: Heritage Cross District - Neighborhood Mixed Use
Utilities: Water, Sewer, Electric, and Gas services on property
Road Frontage:
150 ft E 4th St
629 ft S Britain Rd
307 ft E 2nd St
723 ft S Delaware St
Traffic Count: 45,000
For more information, please visit bit.ly/318E2ndStreet
| List Price | Inquire RFP |
| Approx. Size | 223,898 SF |
| Lot Size | 5.15 Acres |
| Property Type | Residential |