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  5. ›RFP #27-018 Albany Craft Beverage & Event Space

Georgia City of Albany·Georgia

RFP #27-018 Albany Craft Beverage & Event Space

Closes 10/1/2026$500k – $2MRequest for Proposal
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Description

The City of Albany’s Downtown Development Authority is soliciting proposals to lease, operate, or purchase the DDA‑owned craft beverage production and event space at 120 Pine Avenue. Applicants may choose one of three operational pathways – a pure production/distribution operation, a hospitality‑focused taproom/event venue, or an integrated full‑facility model – and may pursue either a long‑term commercial lease or an outright sale. The RFP requires a detailed business concept, market strategy, operational plan, and proof of financial capacity, with mandatory compliance with Georgia’s E‑Verify, licensing, and local use‑restriction covenants. A pre‑proposal conference (optional) and site tour are scheduled for September 9, 2026; questions are due by September 18, 2026; sealed proposals must be submitted by October 1, 2026.

Attached files

Contact

Ricky Gladney(Buyer Contact)

[email protected]

(229) 302-1455

Key dates

Opened
9/1/2026
Questions due
9/18/2026
Pre-bid meeting
9/9/2026
Site visit
9/9/2026
Closes
10/1/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531130
Solicitation №
27-018

Budget estimate

$500,000 – $2,000,000

The RFP does not disclose a specific contract value. Based on comparable municipal lease‑sale transactions for similar 23,700 sq ft industrial‑hospitality facilities, a reasonable annual lease revenue could range from $500,000 to $1.5 million, with a potential purchase price between $5 million and $10 million. Assuming the City awards a multi‑year lease (e.g., 5‑year term) and the operator generates revenue from production and event services, the total earnings for the contractor over the contract period could plausibly fall between $2.5 million and $7.5 million.

AI estimate from the solicitation

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