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Mississippi Gulfport Redevelopment Commission·Mississippi

Lessees for a Multi-Use Elevated Structure

Closes 6/4/2025$500k – $2MRequest for Proposal
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Description

The Gulfport Redevelopment Commission is seeking proposals from qualified applicants to lease a 0.745 acre development site located south of the Gulfport Small Craft Harbor. The proposal must enhance and stimulate the economic viability of the City of Gulfport and specifically the Small Craft Harbor and central business district of the City. The proposed development may include potential restaurants, short-term lodging, fuel dock, bait shop, and/or family entertainment components. The selection committee will review each proposal based on the grading criteria as noted in the RFP package. • The proposal must be submitted in one unbound reproducible original, two bound copies, and one USB drive. • The proposal must be sealed and clearly marked on the outside of the envelope as indicated “Elevated Structure Development” and addressed to the Office of Procurement. • The proposal must be received by the Office of Procurement no later than June 4, 2025, 10:00 a.m. local time. • The GRC retains the ultimate authority in making the selection determination. • The GRC reserves the right to reject any and all proposals, in whole or in part, and to discontinue contract negotiation with any party at any time prior to final contract execution.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jessica Versiga(Procurement Contact)

[email protected]

Key dates

Opened
4/22/2025
Closes
6/4/2025

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531100
Solicitation №
43-20250422092707 GRC

Budget estimate

$500,000 – $2,000,000

The budget for this project is likely to be a long-term lease agreement, with the lessee paying an annual rent to the Gulfport Redevelopment Commission. The exact amount of the rent is not specified in the document, but it can be estimated based on the size of the development site and the potential revenue generated by the proposed development. A rough estimate of the annual rent could be in the range of $50,000 to $200,000, depending on the specifics of the proposal and the negotiations between the parties. The total budget over the life of the lease could be in the range of $500,000 to $2 million, assuming a 10-20 year lease term.

AI estimate from the solicitation

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