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  5. ›Development of Lunken Airport Lease Area 58 Airport Rd

City of Cincinnati, Department of Transportation and Engineering (DOTE) - Lunken Airport·Ohio

Development of Lunken Airport Lease Area 58 Airport Rd

Closes 11/12/2025$500k – $1MRequest for Proposal
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Description

The City of Cincinnati is seeking proposals for the development of Lease Area 58 at Lunken Airport, which includes approximately 271,337 square feet of land. The proposed development should align with the airport's mission to provide a safe, efficient, and environmentally sensitive air transportation facility. The development should also demonstrate responsiveness to community and stakeholder preferences, increase revenue for the airport, and have a favorable economic impact on the community. Some possible development ideas include a privately owned Fixed Base Operator (FBO) center, hangars, and other aeronautical uses. The lease term is for 6 years with 8 optional 3-year renewal periods. The City will evaluate proposals based on factors such as alignment with the airport's mission, experience of the offeror, and financial capacity. • The proposed development should be consistent with the Federal Aviation Administration (FAA) Compliance Manual Order 5190.6B. • The development should create sustainable and energy-efficient buildings. • The development should leverage investments being made in the surrounding area. • The development should demonstrate an understanding of the project and the ability to efficiently activate the entire site.

Attached files

Contact

Shannon Brower(Buyer of Record)

[email protected]

(513) 352-4507

Key dates

Opened
10/7/2025
Questions due
10/1/2025
Pre-bid meeting
9/24/2025
Closes
11/12/2025
Projected award
1/1/2026
Duration
6 years

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531120
Solicitation №
RFP-234-265X901103-2

Budget estimate

$500,000 – $1,000,000

Based on the information provided, the budget for this opportunity is likely to be in the form of lease payments, which will be determined by the proposed per square foot annual lease rate. The minimum lease rate is established at $0.35 per square foot, but offerors may propose a higher rate. Assuming an average lease rate of $0.50 per square foot, the total annual lease payment would be approximately $135,685 (271,337 square feet x $0.50 per square foot). Over the 6-year term of the lease, the total budget would be approximately $814,110. However, this is just an estimate, and the actual budget will depend on the proposed lease rate and other factors.

AI estimate from the solicitation

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