RFP- #25-020- Downtown Destination Redevelopment & Lease Opportunity

The City of Fairburn and its Development Authority have issued Request for Proposal #25-020 for a Downtown Destination Redevelopment & Lease Opportunity located at 30 West Broad Street in Fairburn, Georgia. The procurement seeks qualified vendors to lease and redevelop a 4,256 square foot property with 19 parking spaces, with the primary objective of activating a key downtown anchor property through high-quality redevelopment and destination programming. Proposals are due on November 6, 2025, at 11:00 AM EST, with an optional pre-bid site visit scheduled for October 22, 2025, at 10:00 AM. Respondents must submit a comprehensive proposal package including a Letter of Intent, Detailed Scope of Work, references, company history, financial statements, and proof of insurance capacity. The evaluation will utilize a 100-point scoring system, with a review panel consisting of city staff and economic development advisors, focusing on the proposed improvements, site activation strategy, and compliance with the city's vision.

The RFP does not specify explicit set-aside designations or restrictions for specific types of organizations. The proposed lease is structured as a Triple Net (NNN) or modified NNN arrangement, with base rent negotiable between $16-$21 per square foot, and flexible lease terms preferring 5, 10, or 15-year periods with additional one-year renewal options. Tenants will be responsible for property taxes, insurance, maintenance, and interior build-out costs, subject to landlord approval. The City reserves the right to reject any proposals, request additional information, or negotiate terms with top proposers. While no specific budget range is explicitly stated, the property's size and lease terms suggest potential annual revenue between $68,096 and $89,376 for the city, depending on the negotiated lease rate. Interested parties should carefully review the full RFP document and be prepared to demonstrate financial capacity, development experience, and a compelling vision for the downtown property.