Site work and new construction of a multi-residential development in Crossville, Tennessee. Conceptual plans call for the construction of a one-story above grade multi-residential development; and for site work for a multi-residential development.

Deadline for Respondent Questions December 12, 2025 General questions regarding the Request for Proposal should be directed toward Valerie Hale (valerie.hale@crossvilletn.gov). Respondent Presentations/Interviews Week of January 5, 2026 Anticipated Council approval of Award February 10, 2026 The City of Crossville, Tennessee is facing a workforce housing crisis, much like many other communities within the United States. The explosive growth over the past decade and skyrocketing home values has created an unaffordable environment for many working and wanting to continue to live in Crossville. According to Zillow, the typical home value in Crossville is $301,698 resulting in a mortgage payment of $1,874 per month. To support this payment amount, a household must earn $102,000 annually. The median rent for a three-bedroom house is $1,500. To support this rental payment a household must earn $75,000 annually. The average first responder makes between $36,000 and $45,000 annually, a teacher's salary ranges from $40,000 to $57,000, and retail workers range from $22,000 to $40,000. As a result of the current options for housing, many of these types of residents must pay more than 40% of their annual gross income on housing and therefore must seek housing in communities further and further away from Crossville. A lack of affordable workforce housing impacts the quality of life for Crossville residents as a result of evidence through longer wait times for services, businesses struggling to fill labor shortages with quality employees, and families facing difficult housing decisions. In addition, the workforce at the wage ranges must travel from other communities to further contributing to local traffic and more employee turnover. The City seeks to promote a living environment in which people at all stages of life and on a variety of career paths can flourish. The City's objective is to facilitate a housing market where young families, those in essential career roles supporting our community, can enjoy home ownership and a high quality of life. The City of Crossville hereby requests proposals from qualified and experienced residential housing development teams interested in the design and construction a of long-term affordable workforce housing development for those residents making modest incomes such as first responders, teachers, and the workforce employed by many of our local community businesses. The project site is a City-owned tract of land which consists of approximately 24.07 acres located on Iris Lane, just off of the heavily traveled Genesis Road (the "Project Site"). The Project Site is conveniently located to Interstate 40, downtown Crossville, and restaurants. The purpose of this RFP is to invite the creativity of the development community to meet the objects outlined herein and encourage and for Respondents to bring all viable ideas to the City. The City recognizes the need for varied housing options to meet the needs of the community and acknowledges the importance of collaborating with a Respondent to achieve an accelerated development cycle realized by the private sector's expertise and resources. The City understands that leverages may be necessary for the best outcomes of affordability. The City will consider developer incentives or options included with submitted proposals. The City expects proposals to include homes within the development to have a minimum 1,200 square feet and a sales price of less than $200/square foot. The Respondent should also allow for auto storage of at least one vehicle in the floor plan. The City expects a minimum lot size of at least .25 acre within the development for single family homes. The City will also consider the development of a multifamily project with monthly rent of less than $1.00/square foot; offering one, two, and three-bedroom apartments, townhomes, or condos. A combination of the two concepts will also be considered. The Respondent will be responsible for all aspects of the site development, which may include but not be limited to the following: 1. Identification of site conditions and suitability for a proposed workforce housing project. 2. Conducting all site due diligence such as obtaining site surveys, appraisals, environment studies, geotechnical assessment, and any other required studies. Any previous due diligence completed by the City will be available upon request. 3. Preparation and maintenance of accurate project timelines, pro-forma, and financial feasibility documentation, as may be required by the City to confirm the likelihood of success for proposed development. 4. Securing all required development approvals, including but not limited to any necessary permits and approvals. 5. Project shall include ingress, egress, infrastructure, and construction. The City of Crossville has completed some initial geotechnical surveys and are available upon request; however, there is a known wetland on the site. It is expected that mitigation is a viable option. Please contact Don Cole (don.cole@crossvilletn.gov) for these documents.