The City of Salisbury in Rowan County, North Carolina (“City”) is pleased to release this Solicitation for Development Partner Proposals (“SDP”) for the redevelopment of 13 acres at 423 N. Martin Luther King Jr. Ave. known as the former Kesler Mill site (“Site”). The City seeks a qualified development partner or partners to redevelop the City-controlled Site into a residential community affordable to low-to-moderate-income (LMI) households (“Project”). This document is an invitation for qualified development teams to present development concepts for review and consideration by the City. Proposals should outline how the development team intends to execute on the City’s vision for the Site and demonstrate their ability and commitment to do so.
Responses to the solicitation are due no later than April 11, 2025. The Development Finance Initiative (“DFI”) at UNC-Chapel Hill’s School of Government (“SOG”) will help development teams understand and respond to the City’s requirements for redevelopment of the former Kesler Mill site. This solicitation process will culminate in the selection of a development partner or partners and the negotiation of one or more development service agreements for public-private partnerships pursuant to North Carolina General Statutes 160D-1311, 157-9, and other relevant authority.
Prior to releasing this SDP, the City, with assistance from DFI, completed significant pre-development analysis to ensure the Project and the proposed public-private partnership is supported by the community, endorsed by the Salisbury City Council (“Council”), and is f inancially feasible for development partners.
Download the Kesler Mill SDP (PDF)