Beltline Land License Study & Appraisal Services
Open State & local contract opportunity Posted
- Solicitation number
- RE-2026-126:
- State
- Georgia
- Responses due
Opportunity facts
- Jurisdiction
Opportunity details come from beltline.bonfirehub.com. Updated .
About this opportunity
Atlanta Beltline, Inc. is soliciting proposals for land license rental rate study and appraisal services covering the 22-mile Beltline corridor encircling Atlanta, with proposals due November 6, 2026. The scope centers on developing a defensible, scalable methodology to set license fees for Beltline land currently leased to adjacent businesses for outdoor patios and dining across multiple distinct submarkets with significant rental-rate variation.
The study must evaluate the feasibility of a percentage-of-submarket-retail-rent approach and recommend the most appropriate methodology or market rates for ABI land. Key context for the analysis: ABI conveys land as-is without site improvements; tenants assume all liability; ABI retains termination rights (30 days on most existing agreements, with ABI considering graduated termination windows: 6 months after year one, 12 months after year two, or no termination over 5-year terms) to enable land recapture for future transit construction. The methodology must account for corridor-wide submarkets and their distinct pricing characteristics.
The solicitation does not specify estimated contract value, contract term, evaluation criteria weighting, or a pre-bid conference date. Questions are due by November 6, 2026 (the same date as proposal due).
Opportunity text
Atlanta Beltline, Inc. ("ABI") is soliciting proposals from qualified appraisal firms to conduct a Land License Rental Rate Study & Appraisal Services for the Beltline corridor, a 22-mile urban trail encircling the City of Atlanta. ABI licenses Beltline land to adjacent businesses and restaurants, primarily for outdoor patios and dining, under license agreements with the following key characteristics: Land is conveyed as-is; no additional site improvements are provided by ABI. Tenants assume all liability associated with use of the licensed premises. ABI retains a 30-day termination right on most existing agreements to enable land recapture for future transit construction. ABI is considering a 6-month termination after year one, a 12-month termination after year two, and no termination over 5-year terms. The corridor traverses multiple distinct Atlanta submarkets, resulting in significant variation in supportable market rental rates along the corridor. ABI seeks a defensible, scalable methodology to determine appropriate license fees for its leasable land. ABI is considering a percentage-of-submarket-retail-rent approach, and the selected firm will evaluate its feasibility and recommend the most appropriate methodology or market rates for ABI land.
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