Pre-Advertisment Notice - DEAM City Plaza -133 Trinity

The City of Atlanta, through its Department of Enterprise Asset Management, is initiating a multi-step sealed bid process to procure third-party property management services for City Plaza, a mixed-use facility located at 133 Trinity Avenue SW in Atlanta, Georgia. The procurement begins with a prequalification phase, during which interested vendors must demonstrate compliance with minimum technical, managerial, financial, and regulatory requirements necessary to manage a facility comprising 164 residential units—69 one-bedroom and 95 two-bedroom—along with 28,192 square feet of ground-floor retail space, including 25,629 square feet occupied by city agencies and 2,563 square feet by American Deli. Proposals must confirm the vendor’s ability to oversee tenant relations, lease administration, financial reporting in accordance with GAAP, maintenance operations for building systems and common areas, parking coordination with Lanier Parking, and strict compliance with affordability program requirements and local, state, and federal regulations. The prequalification process serves as a gate to ensure only qualified entities proceed to the subsequent Invitation for Bid phase, where pricing and terms will be formally evaluated. The selected vendor will be responsible for delivering monthly operations reports, monthly financial packages, an annual budget and capital improvement plan, a leasing and marketing strategy, compliance documentation, and incident and safety reports. Performance will be measured against occupancy targets, resident satisfaction, delinquency thresholds, property condition standards, and adherence to all reporting deadlines. The initial contract term is five years, with an option for one additional five-year renewal at the city’s discretion. Oversight is provided by the Department of Enterprise Asset Management’s Real Estate Portfolio Division, which retains authority to review and approve all budgets, contracts, and financial submissions. The facility includes a 274-space parking garage and a 52-space surface lot, requiring integrated operational coordination. While compensation will be negotiated separately and formalized in a subsequent management agreement, vendors must possess proven financial stability and demonstrated capacity to handle the scale and complexity of managing a mixed-use asset with affordable housing components. The prequalification deadline is June 26, 2026, following a pre-solicitation conference intended to clarify requirements and resolve vendor inquiries. This procurement is classified under NAICS code 531312 and falls under SLED agency classification, with the city serving as the sole contracting authority. All activities must occur at the specified location in Atlanta, Georgia, and no substitutions or deviations from the outlined scope are anticipated without formal city