138 Pine Avenue Acquisition and Redevelopment
City of Albany > Finance Department > Procurement Division
Original Solicitation Links
RFP 27-008R
]138 Pine Avenue Redevelopment
Contact
Submission Instructions
Description
The City of Albany, through the Downtown Manager’s Office on behalf of the Downtown Development Authority, is seeking qualified and financially capable developers or development teams to acquire and redevelop 138 Pine Avenue in Downtown Albany. The selected developer will purchase or otherwise acquire the property, invest private capital, complete the redevelopment, and place the property into productive use under an enforceable schedule. Proposed uses may include retail, restaurant, hospitality, office, residential, cultural, entertainment, community-serving, or other compatible commercial activity; no single use or floor plan is prescribed. The developer will be responsible for remaining due diligence, financing, final development programming, architectural and engineering plans, permitting, construction, tenanting or occupancy, and long-term operation. Proposals must address the development concept, concept plans and visuals, development program, project schedule, team and relevant experience, community and economic impact, acquisition offer, sources and uses, financial capacity, requested public assistance, and operating feasibility. The submission must also include required disclosures, comparable-project references, conflict-of-interest and non-collusion certifications, addendum acknowledgment, and other specified forms. Volume I is limited to 40 pages, excluding stated exceptions, and seven complete hard copies are required, including one original and six copies.
Classification Codes
Smart Codes
Specifications
Timeline
Requirements
- Automobile Liability — $1,000,000.00
- General Liability — $1,000,000.00
- Errors and Omissions — $1,000,000.00
- Workers Compensation
- Employers Liability — $1,000,000.00
- Minimum 3 references
Location
Documents
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