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National Aeronautics And Space Administration·Alabama

AFP for Lease of Discovery Park at Michoud Assembly Facility

Closes 11/23/2026$2M – $12MRequest for Proposal
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Description

NASA’s Marshall Space Flight Center is offering an Announcement for Proposals (AFP) to lease “Discovery Park,” a mixed‑use property at the Michoud Assembly Facility in New Orleans, LA. The parcel consists of (1) approximately 45 acres of under‑utilized greenspace with municipal utility connections, and (2) Building 351, a 32,000 sf mixed‑use facility (event space and cafeteria). Prospective lessees may bid on either asset individually or both together, under an Enhanced Use Lease (EUL) with a minimum ten‑year base term. The lessee assumes all operational, maintenance, and utility costs, and must develop the site in a manner compatible with NASA’s space‑related missions. Lease rates are set by fair‑market values (building: $7.44‑$10.62 / sf / yr; greenspace: $14,487.50‑$16,805.50 / acre / yr) with a 3 % annual escalation. • Location: 13800 Old Gentilly Road, New Orleans, LA 70129 (Louisiana) • Assets: 45 acres greenspace + 32,000 sf Building 351 • Lease term: ≥10 years (base) with 3 % annual rent escalation • Rent range: approx. $0.24‑$0.34 M/yr for the building; $0.65‑$0.76 M/yr for the land • Submission deadline: 5:00 PM ET, Nov 20 2026 (questions due Oct 23 2026) • Eligibility: U.S. commercial providers or U.S. persons; must not be debarred, foreign‑owned, etc. • Required deliverables: financial capability, technical approach, experience, economic impact, and compliance with NASA security and environmental standards.

Attached files

Contact

Cari Smith(Real Estate Contracting Officer)

[email protected]

Key dates

Opened
6/25/2026
Questions due
10/23/2026
Closes
11/23/2026
Duration
10 years

Last updated

Details

Type
Request for Proposal
Industry
Construction
NAICS
53
Solicitation №
AFP-MAF-DISOVERY-2026

Budget estimate

$2,000,000 – $12,000,000

Based on the published fair‑market rent ranges, the annual rent for Building 351 would be between roughly $238 K and $340 K, while the 45‑acre greenspace would generate between $652 K and $756 K per year. Combined, the lease could produce approximately $0.9 M‑$1.1 M annually. Over the minimum ten‑year term, total lease revenue would be in the $9 M‑$11 M range. Accounting for potential escalations, tenant‑paid utilities, and any reimbursable NASA services, a realistic budget estimate for the lessee (i.e., the client) falls between $2 M (conservative, early‑year, modest development) and $12 M (full‑rate, fully‑developed, ten‑year horizon). Factors influencing the final amount include the size of the leased footprint, the tenant’s chosen use (which may affect rent negotiations), and any additional NASA‑provided services billed separately.

AI estimate from the solicitation

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