Georgetown Ionwave #202701

Development and Operation of Main Street Parking Garage Retail Space

The City of Georgetown is seeking a development partner for retail space beside its planned Main Street parking garage. - Buyer: City of Georgetown, Texas — Purchasing Department. - Opportunity: Propose a long-term ground lease, sale, or other contractual or ownership arrangement to develop and operate approximately 16,000 square feet of retail or complementary commercial space wrapping the north and west sides of a planned four-level, 450-space garage at 911 Main Street. - Development goals: Create an attractive, pedestrian-oriented project that supports downtown revitalization and aligns with the City’s downtown planning and retail objectives. Potential uses include retail, dining, entertainment, or other complementary commercial activity. - Proposal content: Describe the development concept and mix of uses, design and placemaking, market and economic impact, financing and financial capacity, implementation schedule, operations and management, relevant experience, community benefits, and proposed lease terms or purchase price. - Delivery expectation: The development is expected to be complete and operational within 24 months after the shell space is turned over. The long-term contract or lease duration is not specified. - OEMs and selected vendor: None identified; this is a real estate development opportunity, not a request for manufactured products. - Firms listed as invitees, not selected contractors: 7arrows Land Staff; A6 Scientific Corp.; Advanced Cybersecuirty Experts LLC; AeroFrohne LLC; Airport and Aviation Appraisals; Airport Business Solutions; Allstar Services Group LLC; Alpha Bravo Veteran Services, LLC; Alvarez & Marsal Public Sector Services, LLC; APD Urban Planning and Management LLC; Atrium Real Estate Services; Austin Greater Garage Doors; AvenueWest Las Vegas, LLC; BBG, Inc.; and Bbva USA.

Description

The City of Georgetown is seeking sealed proposals from qualified development partners for a long-term ground lease, sale, or other contractual relationship or ownership structure for approximately 16,000 square feet of retail space at 911 Main Street in Georgetown, Texas. The space will wrap the north and west sides of a planned 450-space, four-level parking garage along 9th Street and Main Street. The proposed project should support downtown revitalization and create an active, pedestrian-oriented retail presence; proposal materials must include a development and business plan, qualifications, financial information, and proposed lease terms or purchase price. Proposals must be submitted electronically through the City E-bid system by November 12, 2026, at 2:00 PM CT.

View original listing