The Kosciusko Economic Development Corporation announced the issuance of a request for proposals to redevelop a shovel-ready, two-acre site located at 302 W. Market St. in downtown Warsaw. The location was formerly home to Owen’s Supermarket, and pre-development activities have been completed to deliver a build-ready site. Photo by Caleigh Byrer.

News Release

WARSAW — The Kosciusko Economic Development Corporation announced the issuance of a request for proposals to redevelop a shovel-ready, two-acre site located at 302 W. Market St. in downtown Warsaw. The location was formerly home to Owen’s Supermarket, and pre-development activities have been completed to deliver a build-ready site.

“The issuance of this RFP is an important milestone in our partnership with the city of Warsaw and our largest employer Zimmer Biomet to encourage the development of workforce housing in proximity to anchor employers in Kosciusko County,” said KEDCO CEO Alan Tio.

KEDCO and the city of Warsaw are seeking proposals from qualified developers to maximize the reuse of the site as a transformative, mixed-use development that includes some combination of multi-family residential, onsite parking and market appropriate/sized street level uses (studio office, retail or restaurant space) that help to activate the Market Street corridor.

“With a location in the heart of downtown, this development will be an important asset in complementing our existing downtown businesses, and supporting our local workforce,” said Warsaw Mayor Joe Thallemer.

This property is the catalyst site for the Workforce Housing Anchor Employer Demonstration Program award from the Indiana Housing & Community Development Association to a local coalition led by Zimmer Biomet. The award coincided with the completion of a countywide housing market potential study that identified a potential market for up to 225 residential units in downtown Warsaw.

KEDCO is leading a countywide housing initiative focused on adding up to 1,920 units of workforce housing. For purposes of this development, workforce housing is defined as 60%-100% Area Median Income for rental units and 60%-120% AMI for buyers. The 2022 AMI for Kosciusko County is defined by the Federal Housing Finance Authority as being $80,100.

To view the RFP and related site documents visit: bit.ly/kedcoRFP. Interested parties should submit their “Intent to Respond” to KEDCO Project Director Terry Sweeney [email protected] by Jan. 5. Respondents will be invited to participate in a pre-submittal conference scheduled for Jan. 10.

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