Interested parties have submitted 10 requests for proposals about about the construction of a building at the intersection of Gilbert and College Streets.

City staff will spend the next week to 10 days examining the proposals and will then release the information to the city.

The staff committee will review the proposals after this process is complete and then recommend a group of finalists to the Iowa City City Council.

“The whole process could take a couple of months,” city transportation planner John Yapp said.

There are three lots in this location — one used to be a Greyhound depot and before that, a gas station. There has been talk of building a hotel, entertainment venue, or a grocery store in the location, Yapp said.

The New Pioneer Co-op is interested in moving out of its current location, 22 S. Van Buren St., and relocating to this location using the building as multi-use facility, Yapp said.

— Nathaniel Otjen