Project developers have until 14 October to submit proposals for a public-private partnership to build a new police station and parking garage in Fishers, Indiana.
The City of Fishers, on the outskirts of northeast Indianapolis, is seeking a private sector partner to develop, design, build and finance a police station and a public parking garage and remodel the city’s current police station as office space. The deadline for requests for proposals and qualifications is Friday.
The project includes demolishing Fisher’s current police station, constructing a new 50,000 square foot police station and a three or four story public parking garage. The city said it is providing $12 million to $14 million for the project’s budget, and the chosen developer must provide performance security equal to 100 percent of the project cost.
City of Fishers said it is using the PPP procurement model because it “lacks experience” in carrying out project execution and development, and private sector developers can more quickly design, develop and construct the project. It also said using subcontractors and developers will reduce project risk to the city.
“As the city grows, it must maintain revenue and expense structures that support a growing demand for essential services,” a statement said.
According to City of Fisher’s procurement timeline, it expects to choose a developer in the first half of 2017.