Lease Property at 9020 Stewart Road

The City of Galveston ("COG") is soliciting proposals in response to this Request for Proposal, RFP 27-03 (this "RFP"), from qualified vendors to Lease Property at 9020 Steward Road. [...] The City of Galveston is pleased to invite proposals from qualified respondents for a building and ground lease opportunity for 22.7 acres of airport property located at 9020 Stewart Road, Galveston, Texas 77554, formerly a driving range.

Site Description

The property comprises approximately +/-22.7 acres (988,812 SF) of land along the north line of Stewart Road in the southern area of Scholes International Airport in Galveston. [...] The site is within the City of Galveston and has access to all public utilities. [...] The site is zoned "C" (Commercial District), allowing both commercial and residential uses. Although zoning ordinances permit residential use, FAA regulations restrict residential development on the site, while hotel and motel operations are permitted. Due to the airport's proximity to the north, height restrictions apply to new construction.

Existing Building

This property includes a 1,817 SF wood-framed building and a 2,718 sq. ft. wood deck on the building's north side, overlooking the airport and driving range area. [...] The property includes two asphalt parking lots, one on each side of the building, partial chain-link fencing along the perimeter, small slab areas, and multiple overhead light poles.

City and FAA Requirements

• Improvements must comply with the City of Galveston's current building codes.
• Exterior lighting must comply with FAA requirements to avoid interfering with flight operations.
• The developer must submit an FAA Form 7460-1 to the FAA and receive either a Determination of No Hazard (DNH) or a Does Not Exceed (DNE) determination before obtaining a building permit.

Lease Options

• Up to a 10-year lease with two five-year renewal options.
• Tenants are responsible for all utilities, building and grounds maintenance, applicable insurance as listed below, and property taxes.

Submission

**Electronic submittals required.** The file size limit for upload is 250 mb per document. If the proposal size exceeds the size limit, Proposers are permitted to breakup the proposal into several documents for upload.

Proposals should not exceed 25 single-sided pages, excluding the following items, which do not count against the page limit: graphic site plans and design renderings, and required disclosure forms.

Evaluation Criteria

• Financial Capability & Lease Proposal: 35%
• Developer Experience & Track Record: 25%
• Business Plan & 21.7-Acre Land Use: 15%
• Project Timeline & Feasibility: 15%
• Community & Economic Impact: 10%

Insurance

Commercial General Liability insurance for at least one million dollars ($1,000,000) on a per occurrence basis, with a two million ($2,000,000) aggregate. [...] Insurance coverage shall be on an "occurrence basis"

Term

Up to 10 year lease with Two 5 year renewal options.

Proposal shall be irrevocable until the earlier of the expiration of ninety (90) days from the submittal deadline, or until an agreement has been awarded by the COG.