Technology, Management and Budget
Jan. 23, 2018
The Michigan Department of Technology, Management and Budget announced today that they are seeking private developers for the former Senate Office Building, the Farnum, through a Request for Proposals (RFP) process.
The goal of the RFP is to attract proposals to redevelop the property in a way that enhances the economic vitality of the downtown Lansing area.
“The Farnum’s location overlooking the Capitol Building offers developers a unique opportunity to obtain a valuable property that is ripe for redevelopment, “said DTMB Real Estate Division Director Robert Burns. “Our goal is to sell the building to the highest responsive bidder and see the property put back into productive use for the City of Lansing.”
The 10-story, 94,930 gross square foot, mid-century modern steel and glass building offers development opportunities that lend themselves to many variations of commercial, office, high-density residential, retail, hotel and various other mixed uses. A 23-car parking lot is also included in the offering.
The RFP was issued January 22, 2018. Interested bidders should view all related RFP documents at: michigan.gov/farnumbuilding.
The Farnum, located at 123 W. Allegan St. in Lansing, housed the Michigan Senate until late 2016. The sale of the building was authorized through Public Act 106 of 2017.
DTMB will accept sealed proposals to acquire the property until 5:00 p.m. EST on Tuesday, May 15, 2018. In the event the initial bid period does not produce a viable award recommendation, the state may, at its discretion, extend the bidding period or revise the sale process.