Description
The City of Albany seeks a qualified private‑sector developer to acquire, finance, design, construct, and manage the complete redevelopment of the 138 Pine Avenue property in downtown Albany. The solicitation calls for a mixed‑use, downtown‑activating project that may include retail, hospitality, office, residential, or cultural uses, with an emphasis on preserving existing building character where feasible. Bidders must submit a comprehensive acquisition offer, a detailed development concept, financial capacity evidence, and a fee proposal, all evaluated across a weighted criteria set that heavily rewards concept quality, feasibility, and experience. The contract will be awarded to the most responsive and best‑valued proposal, with standard Georgia‑state procurement terms, insurance, bonding, and compliance requirements.
• Scope includes acquisition of the property, due‑diligence, design, permitting, construction (including demolition/rehabilitation), and post‑construction operations/management.
• Evaluation weights: Development concept (25 %), financial feasibility (20 %), experience (15 %), acquisition terms (15 %), schedule (10 %), economic impact (10 %), fee proposal (5 %).
• Mandatory deliverables: three‑volume bid package (technical, financial, disclosures), signed addendum acknowledgment, bid bond, insurance certificates, and all required certifications.