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  5. ›Lease, Manage, and Operate the Torpedo Factory Art Center

City of Alexandria·Virginia

Lease, Manage, and Operate the Torpedo Factory Art Center

Closes 4/27/2026$500k – $2MRequest for Proposal
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Description

The City of Alexandria seeks a qualified operator to lease, manage, and operate the Torpedo Factory Art Center, a city‑owned facility that houses artist studios, galleries, arts programming, and space rentals. The contract will encompass overall facility management, marketing, tenant relations, event coordination, and financial stewardship. • Proven experience operating art‑center or museum‑type facilities. • Demonstrated financial capacity/creditworthiness to assume lease obligations. • Ability to manage artist studios, gallery exhibitions, educational programs, and facility rentals. • Expertise in marketing and community outreach to increase visitation and revenue. • Commitment to maintain and enhance the historic building and its public amenities.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Alfred Coleman

[email protected]

Key dates

Opened
2/23/2026
Site visit
3/13/2026
Closes
4/27/2026

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
712110
Solicitation №
RFP-114316

Budget estimate

$500,000 – $2,000,000

The contract likely combines lease revenue with management fees for a high‑traffic cultural venue. Assuming a multi‑year term (e.g., 5‑10 years) and typical operating budgets for similar art centers, annual revenues could range from $500 k to $2 M, translating to a total contract value of roughly $2.5 M to $10 M over the term. Factors influencing the range include the size of the facility, anticipated event volume, and the city’s budget expectations.

AI estimate from the solicitation

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