The City of Aspen is seeking proposals for licensee or master lessee services for Armory Hall, a community food hall. The operator will manage day-to-day operations, including subleasing commercial kitchens and a retail space, managing beverage services, and providing community programming. The facility will be delivered in turnkey condition with no expected capital investment from the operator. Proposals are due September 2, 2026. Non-mandatory pre-proposal conferences are scheduled for July 30 and August 12, 2026. The estimated annual sales revenue potential is at least $5 million.
Proposal packages are due by 2:00 p. m. MDT, Wednesday, September 2, 2026.
The city expects proposals that include a monthly base rental payment or licensee fee, plus a share of operating profits. All proposers are expected to pay the cost of the buildings water, gas, compost, recycling, waste removal, electric, cable, IT, etcetera.
Selection criteria include cover letter, experience, qualifications, references, proposer team, operational narrative, programming and offerings, building management, agreement terms, financials, preoperational participation, and special considerations.
Proposals will be evaluated based on experience, qualifications, project references, proposer team, operational narrative, programming and offerings, building management, agreement terms, financials, preoperational participation, and special considerations.
Failure to follow the outlined proposal format may result in disqualification.
The city forecasts the asset has the potential to generate at least 5 million in annual sales revenue.