26-05 RFI Downtown Facility at 550 First Avenue

The City of Fairbanks is seeking written concepts from interested organizations to lease and activate a 1,900‑sq‑ft downtown “cabin” at 550 First Avenue. The goal is to create a year‑round, community‑focused destination that includes a food‑and‑beverage component, supports winter programming, and drives foot traffic to revitalize the downtown core. Respondents must outline operational plans, local partnership strategies, security and lighting concepts, and a revenue‑sharing or hybrid lease model. The City anticipates a 3‑to‑5‑year lease with performance metrics and possible extensions. • Required deliverables: use concept with food‑and‑beverage, year‑round operating schedule (≥6 days/week), winter‑ready lighting and security plan, revenue‑share/lease structure, and local economic impact description. • Evaluation emphasis: winter viability, activation & security, integration of Fairbanks‑based vendors, and sustainable financial model. • No budget or financial details are provided; the City will later define lease terms based on responses.