The City of Monroe is pleased to offer this Request for Qualifications (RFQ) to identify a qualified developer to design, build, and operate a boutique hotel in our downtown district, featuring a nationally recognized hotel brand. The selected applicant will demonstrate a strong track record in developing and managing similar projects in small to medium-sized markets, with particular experience in downtown hotel development. Our goal is to enhance the city’s vibrant downtown area by attracting a high-quality, well-branded hotel that will contribute to the local economy, provide exceptional guest experiences, and complement our community’s unique character. We look forward to reviewing your qualifications and exploring the opportunity to work together. This development opportunity is located on the site of a former cotton warehouse, located at 216 Davis Street in the Southeastern area of Downtown Monroe. The city purchased the 1.72-acre property in late 2023 along with another neighboring property in a package deal. The Davis Street property also includes a building designated as a “locally important place” and is known as the old Oakes Hardware building. The intent is to incorporate the existing building into a flexible use for a portion of the hotel. The 7,761 square foot building was constructed approximately 125 years ago as a cotton warehouse for a railroad and most recently operated as an antique shop. We are now offering the full parcel, including the existing “Oakes Hardware” building, to the private sector for redevelopment into a downtown, branded boutique hotel...
