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North & Springfield Redevelopment Area

BID #: N/A
ISSUED: 3/30/2023
OPENED: 12/11/2025
DUE: 6/15/2023
VALUE: $2,500
85
Rating

Risk Rank

Yellow Risk

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Executive Summary

The Township of Cranford is seeking proposals from developers interested in the acquisition and redevelopment of a portion of the North + Springfield Redevelopment Area, located in Downtown Cranford. This area comprises approximately 2 acres of primarily Township-owned properties identified as Block 193, Lots 6.01, 10, 11, 12, 13, & 14. The goal is to revitalize the downtown area while complying with the Township’s affordable housing obligations, incorporating design criteria from the Connolly & Hickey Vision Plan. The selected redeveloper will be required to purchase Township and privately-owned properties at fair market value, as determined by a licensed appraiser. Responses must be submitted to the Business Administrator, 8 Springfield Avenue, Cranford, New Jersey 07016, and include one original, two hard copies, and a digital copy on a USB drive. A $2,500 Submission Fee is required. A pre-submission conference is strongly suggested. Questions must be submitted by May 24, 2023. The deadline for submissions is June 15, 2023, at 10:00 AM.

Detailed Risk Breakdown

local preference

No Flags Found

performance bond

Evidence Detected

2 CLAUSES FOUND
"...ner or controlling entity of the development team for the last three (3) years. d. Evidence of its ability to secure builder’s risk insurance and performance bonding capacity. e. Disclosure of any negative information that would be deemed material under generally accepted accounting practices and, in addit..."

liquidated damages

No Flags Found

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Contacts

Township Clerk's Office

Township Clerk · Office of Administration

hidden@email.com
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Business Administrator

Business Administrator

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Timeline

First Discovered

Mar 19, 2026

Last Info Update

Apr 30, 2026

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