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Economic Development Strategy

Downtown Raleigh Alliance (DRA) seeks proposals from firms experienced and knowledgeable in preparing an economic development strategy for downtowns, business improvement districts and/or municipalities.

The main objective of this work is to craft an economic development strategy for Downtown Raleigh that positions downtown in a way that both builds off Downtown Raleigh’s unique strengths and is responsive to the new economic realities of central business districts.

Major areas of focus and study for the strategy include:

  • Providing a retail strategy for downtown with a specialized focus on the Fayetteville Street corridor
  • Examination and strategic positioning of the downtown office market
  • Opportunities for supporting a thriving Minority- and Women-owned business community
  • Identification of catalytic projects to stimulate and grow Downtown Raleigh’s economy


Issued by:

City of Raleigh, acting through Downtown Raleigh Alliance (DRA) as its contracted economic development partner for the downtown area.


January 11th, 2023, Re-issued January 27th, 2023

RFP Questions and Clarifications:

Potential respondents must submit all questions and requests for clarification in writing to Mary Sell, Project Manager, at

All questions must be submitted by 4:00 p.m. ET on February 8th to receive a response in advance of the solicitation closing. An addendum will be provided showing official responses to all questions submitted. Responses to received questions will be posted by February 13th, 2023.

Proposals Due:

by February 20th, 2023, 4:00pm Eastern Time (ET)

Finalist Interviews:

April 2023

Final Proposal Selection:

May 2023

Contact Information:

Mary Sell
Planning and Transportation Manager