Specifications include, but are not limited to: The City of San Diego (“City”) is requesting proposals from qualified firms or individuals (“Proposers”) to redevelop (which may include rehabilitating the existing structures and rehabilitating the property), and use pursuant to a license approximately 25.5 acres of City-owned real property located at Inspiration Point, 2125 Park Blvd., San Diego, California, 92101 (“Property”) in Balboa Park (“Park”) as shown in the Site Location, Aerial View of the Property, attached as Attachment A. and lease and operate the portion of the Property excluding the 28,000 square-foot Developed Regional Parks Administration Building (“DRPA”), referred hereinafter as the “Premises.” The City is seeking proposals that serve the best interest of the public while maximizing the economic viability of the Property and ensuring a sustainable revenue source to the Park. This could include the development of a variety of cultural, recreational, and performing arts purposes, which should include (either individually or a combination of) activity centers, museums, passive park space, center for cultural and performing arts, restaurant space, hotel accommodations, park-related concessions, park-related rentals, park-related shops and other ancillary uses aimed at activating and complimenting thePark and surrounding area both during the day and night. The redevelopment and licensing of the Property and the leasing, operation and maintenance of the Premises shall be in accordance with the terms and conditions contained in this Request for Proposals (“RFP”), and, if awarded, pursuant to a license and lease agreement (“Agreement”) for the Property to be negotiated with the City and subject to approval by the San Diego City Council. The Proposer selected by the City (“Selected Proposer”) shall demonstrate the ability to redevelop the Property and operate the Premises that will meet or exceed the objectives of the City, as well as incorporate achievable, innovative ideas that are appropriate for the Park.