RFP 2026-024 City-Owned Historic Property Reuse

The City of Pflugerville is soliciting proposals under RFP 2026-024 for the redevelopment and repurposing of a city-owned historic property located at 101 and 105 E. Pecan Street in downtown Pflugerville. The city is seeking a qualified owner-operator to assume full operational responsibility for the site, including property management, facility oversight, and day-to-day commercial operations. The goal is to activate and revitalize the historic site to support downtown revitalization and strategic community goals while maintaining the building's historical aesthetic. Interested developers and investment firms may propose various transaction structures, including a long-term lease, a fee simple sale, or a hybrid lease-to-own arrangement. Proposals must be submitted electronically via Bidnet Direct by October 8, 2026, at 8:00 P.M. Submissions are evaluated based on the respondent's proposed approach and vision (40%), financial feasibility (30%), the respondent's general experience (20%), and the experience of the project principals (10%). Required documentation includes a cover letter, an executive summary, a detailed operational and marketing plan, financial statements from the last three years, and a preliminary execution schedule leading to a grand opening. Additionally, respondents must provide various certifications, including a non-collusion affidavit, a conflict of interest questionnaire, and a certification regarding debarment and suspension.