Thousand Oaks Downtown Project Master Developer

City of Thousand Oaks - City Manager has issued request for proposals/qualifications.

The City of Thousand Oaks (“City”) is seeking qualifications from experienced Master Developers to develop a pool of pre-qualified candidates interested in transforming downtown Thousand Oaks. The successful applicant may be a single vertically integrated development firm or a consortium consisting of a lead and sub-developer(s) (the “Master Developer”), to construct a transformative mixed-use development on the Civic Arts Plaza campus. The Thousand Oaks Downtown Project for the Civic Arts Plaza campus (“Downtown Project”) is the culmination of more than a decade of planning and includes both private development components and complementary City-led components. This solicitation is limited to the private development components - Phase 2A of the Downtown Project (reference Attachment A). The City is seeking a Master Developer to complete the mixed-use development which has already complied with the Surplus Land Act process. The site is currently entitled for Phase 2A, which includes a combination of market-rate and affordable residential units, a hotel, and curated ground-floor retail and dining. Separately, the City is prepared to deliver significant public infrastructure and public realm improvements adjacent to the site, and is arranging public funding and financing, including $80 million in cash, to advance these public investments, creating a strong foundation for the successful implementation of the overall Downtown Project. This Request for Qualifications (“RFQ”) initiates a two-phase competitive selection process. Applicants shortlisted through this RFQ will be invited to respond to a subsequent Request for Proposals (“RFP”), through which the City will select a Master Developer to negotiate the terms of a disposition agreement.

The City of Thousand Oaks is located in eastern Ventura County and consists of 56 square miles. The City population is approximately 122,000. The City is a general law city operating under the Council/Manager form of government. The City Council is comprised of five members elected through district-based elections, with one member serving as Mayor on an annual basis.

Responses are due October 21, 2026 at 5:00 PM PDT.

Questions must be submitted by September 18, 2026 at 5:00 PM PDT.

A non-mandatory pre-proposal conference is scheduled for September 2, 2026 at 10:00 AM PDT at https://toaks.zoom.us/webinar/register/WN_MGHPeF5bSiC_ExvD5LdMsg.

Commodity categories: Land Development and Planning - Architectural; Real Estate Developers; Community Development Consulting; Real Estate/Land Consulting (Including Land Survey Consulting); Land Development and Planning/Engineering.

Contact: Akbar Alikhan, Assistant City Manager (aalikhan@toaks.gov, (805) 449-2140).

21 documents are attached to the notice: Thousand Oaks Downtown P3 RFQ; General Plan Land Use Goals and Policies Consistency Table; Specific Plan 11 - City Council Approved 2026; Phase I Environmental Site Assessment Report Part 1; Phase I Environmental Site Assessment Report Part 2 Additional Site Assessment; Phase II Environmental Site Assessment Report; Updated Air Quality and Greenhouse Gas Emissions and Energy Data; Updated Hydrology Report.

The full solicitation document, addenda and the question-and-answer thread are on the agency's OpenGov portal at https://procurement.opengov.com/portal/toaks/projects/286132. Responses are submitted electronically there, and a free vendor account is required before you can upload one.