Shotgun Property Redevelopment (Re-Issue)
Title:  

Shotgun Property Redevelopment (Re-Issue)

Agency:  

City of Homestead

State:  

Florida

NAICS Code:  

531110

Industry:  

Real Estate

Solicitation Type:  

Request for Proposal

Solicitation ID:  

RFP#202538

Open Date:  

9/12/2025

Pre-Bid Meeting Date:  

9/25/2025

Questions Due Date:  

11/7/2025

Close Date:  

11/13/2025

Project Duration:  

2 years

Last Updated:  

9/17/2025

Description:
The City of Homestead is seeking a developer to purchase and develop a 3.65 net acre parcel located at 866 SW 7th Street in Homestead, Florida. The selected developer will be responsible for planning and executing the project, including design, financing, construction, operations, and maintenance. The City is looking for a transformative and impactful project that contributes to neighborhood revitalization while respecting current neighborhood uses. The project should include a mix of residential and commercial components, with a focus on creating a vibrant and economically mobile community. • The developer will be required to enter into a Master Development Agreement with the City. • The project should include a mix of residential and commercial components. • The developer will be responsible for securing funding and financing for the project. • The project should include amenities such as open and green spaces, community spaces, and public art. • The developer will be required to work with the City to ensure that the project meets the City's goals and objectives.
Attached Files:

Please visit the bid source via the “Link to Bid Source” button below for documentation.

Contact Information:

Jared Beck(Senior Buyer)

jbeck@homesteadfl.gov

(786) 405-2825

Budget Estimate (AI):

$10,000,000 – $50,000,000

Based on the project's scope and scale, the estimated budget for this opportunity could range from $10 million to $50 million, depending on the final project costs, funding sources, and financing arrangements. The City's budget for the project is not explicitly stated, but the selected developer will be required to secure funding and financing for the project. The budget will likely be tied to the project's completion and the developer's ability to meet the City's goals and objectives.

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