PROVIDENCE – The R.I. Commerce Corp. issued a request for proposals April 2 on behalf of Pawtucket, seeking a new tenant for McCoy Stadium and development proposals for properties in the Downtown Pawtucket Redevelopment Area, identifying a preference for a professional sports team and/or a concert entertainment operator.
The RFP requires prospective tenants to outline their plans to renovate the properties, establish a management program and address economic development around the identified areas.
The stadium stands to become vacant upon the Pawtucket Red Sox’s move to Worcester, Mass., in the 2021 baseball season.
Respondents will be required to identify all potential funding sources, both public and private, but were encouraged to limit public investment.
Responses will be evaluated on the proposed use, experience of the respondent, technical competence, financial plan and private-capital investment.
The submission deadline is April 25. The RFP says the city expects to enter into a lease and/or development agreement by Dec. 30.