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  5. ›GROUND LEASE OPPORTUNITY AT RUTH OWENS KRUSE EDUCATIONAL CENTER

Miami-Dade County Public Schools·Florida

GROUND LEASE OPPORTUNITY AT RUTH OWENS KRUSE EDUCATIONAL CENTER

Closes 9/10/2026$5M – $15MRequest for Proposal
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Description

This solicitation seeks a developer to enter a long‑term ground lease and redevelop approximately 5.7 acres of school‑district land at the Ruth Owens Kruse Educational Center into workforce housing for Miami‑Dade County Public Schools employees, with optional supportive housing and community amenities. The successful proposer will be responsible for planning, design, financing, construction, and long‑term management under a non‑exclusive ground lease arrangement, delivering a mixed‑use, high‑quality residential project that aligns with district priorities and generates revenue for the school board. • 5.7‑acre site redevelopment, requiring architectural, planning, and construction services. • Primary focus on workforce/affordable housing for M‑DCPS staff, with optional supportive housing components. • Must provide detailed financing strategy, capital stack, and demonstrate ability to secure required bonds and permits. • Includes requirements for community integration, green space, and compatibility with existing campus operations. • Bid security of $100,000 required; performance bonds needed only for construction.

Attached files

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

Contact

Diana Richardson(Purchasing Agent)

[email protected]

(252) 484-3177

Key dates

Opened
7/16/2026
Pre-bid meeting
8/12/2026
Closes
9/10/2026

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531120
Solicitation №
ITN-ITN-25-044-DR-0-2026/DR

Budget estimate

$5,000,000 – $15,000,000

No explicit budget is disclosed, but comparable ground‑lease redevelopment projects in the Miami area typically generate lease‑related revenue and construction fees ranging from $5 million to $15 million over the life of the project. The estimate accounts for land value, construction costs for multi‑unit housing, and anticipated lease payments to the school board.

AI estimate from the solicitation

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