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  5. ›26-045 Development Feasibility Advisory Services for…

City of Pensacola·Florida

26-045 Development Feasibility Advisory Services for Redevelopment of Baptist Hospital Legacy Campus

Closes 7/31/2026$200k – $500kRequest for ProposalLogin required
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Description

The City of Pensacola, together with its Community Redevelopment Agency, is seeking a qualified firm to provide Development Feasibility Advisory Services for the Baptist Hospital Legacy Campus redevelopment. The firm will act as the prime planning and financial feasibility consultant, delivering a master plan, financial models, and implementation strategies that incorporate mandatory community‑engagement input. The scope covers site analysis, market demand studies, zoning and regulatory review, infrastructure assessment, and the preparation of an implementable development plan with a financial framework for a mixed‑income, mixed‑use project. The contract is for one year with an option to extend, and may lead to further work on later phases of the redevelopment. • Serve as the City’s primary master‑planning and financial feasibility consultant for a ~50‑acre campus. • Conduct real‑estate feasibility analysis, financial modeling, market demand assessments, and regulatory reviews. • Coordinate with designated Community Engagement Lead and Community Benefits Lead, integrating community‑input as governing parameters. • Produce an implementable master plan, detailed financial framework, and recommendations for subsequent master‑developer solicitation. • Potential for continued services beyond the initial year to support later redevelopment phases.

Attached files

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

Key dates

Opened
6/22/2026
Closes
7/31/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Consulting Services
NAICS
541618
Solicitation №
78548791

Budget estimate

$200,000 – $500,000

While the solicitation does not disclose a budget, comparable municipal development feasibility contracts for a 50‑acre mixed‑use site typically range between $200,000 and $500,000, depending on the depth of analysis, team composition, and duration. Given the one‑year term, required community‑engagement coordination, and comprehensive financial modeling, a reasonable estimate is $250k‑$450k.

AI estimate from the solicitation

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