040-25 Right to Acquire and develop 110-112 Broad Street

The City of Rome, Georgia's Purchasing Department is seeking proposals for the Right to Acquire and Develop 110-112 Broad Street, a property located in Downtown Rome. This Request for Proposal (RFP) aims to identify qualified individuals or firms interested in acquiring and redeveloping the property in alignment with the Downtown Development Authority's (DDA) mission of revitalizing the downtown district while preserving its historical character. Proposers must submit a comprehensive business plan that includes an executive summary, company description, products and services, marketing plan, operational plan, and financial information. The evaluation criteria will focus on concept desirability, feasibility, marketability, financial viability, potential economic impact, and the applicant's experience. A mandatory site visit is scheduled for September 2, 2025, from 10:00 a.m. to 11:00 a.m., and sealed hardcopy proposals must be submitted by September 30, 2025, at 2:00 p.m. The City is specifically seeking a business concept that enhances the downtown area's diversity, supports the DDA's objectives, and promotes public-private collaboration.

The RFP does not explicitly outline specific set-aside designations or restrictions for disadvantaged enterprises. The City reserves the right to reject any or all proposals and negotiate with offerors to determine the best value for the community. While no incumbent vendors or current contractors are mentioned, the proposal emphasizes the importance of creating a development plan that complements the historic downtown environment. No specific award value or budget range is provided in the documentation. Potential respondents should be prepared to demonstrate their capacity to transform the property into a valuable addition to Downtown Rome's economic and cultural landscape. The procurement appears to be an open competition focused on selecting the most compelling and viable proposal that aligns with the City's economic development and preservation goals.