Item Coversheet

1.

CITY OF STUART, FLORIDA
AGENDA ITEM REQUEST
CRB/HPB Board

Meeting Date:10/5/2021 

Prepared by:Pinal Gandhi-Savdas

Title of Item:

SOLICIT REQUEST FOR PROPOSAL (RFP) FOR REDEVELOPMENT OF THREE ADJOINING PARCELS "EAST OCEAN REDEVELOPMENT" ON SE OCEAN BLVD.

 

Summary Explanation/Background Information on Agenda Request:

In June 2020, the CRB and CRA approved acquisition of two of the three parcels on SE Ocean Blvd for redevelopment opportunity along SE Ocean Blvd corridor.  The City purchased the adjacent larger parcel to move the City Hall functions to the building known as the Wells Fargo Bank.

 

The RFP to solicit redevelopment of all three adjoining parcels on East Ocean Blvd was presented to the City Commission on September 27, 2021.  The City will be soliciting offers for the purchase or long-term lease of the property and development of industrial, office, retail, multi-family, mixed-use, recreational/entertainment and other uses that are associated with a vibrant downtown urban district.

 

The City's selection committee will evaluate proposals and will select the proposer which meets the best interest of the City.  The evaluation committee (composed of five City staff) will rank all proposals based on the criteria established in the RFP.  The top 3 firms will be required to provide a presentation to the City Commission or Community Redevelopment Agency. 

 

The schedule for the RFP is as following:  Issue RFP on 10/06/2021; RFP due on 11/5/2021. 

 


Funding Source:

N/A.

 


Recommended Action:

No Action.

 

 

ATTACHMENTS:
DescriptionUpload DateType
CC Agenda Item 09-27-2021 - RFP9/23/2021Backup Material
CRA Agenda Item 06-22-2020 - Budget Amendment9/23/2021Backup Material