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Village of Estero·Florida

Village Center Hub P3 Opportunities

Closes 12/15/2026$5M – $30MRequest for Information
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Description

The Village of Estero, Florida, is seeking qualified private‑sector partners to develop, operate, and possibly co‑invest in a new Family Entertainment Center (FEC) and related lifestyle amenities as part of its mixed‑use Village Center Hub. The project comprises roughly 20 acres of entertainment space adjacent to an existing 96‑acre SportsPark and a “High 5” anchor FEC that opens Fall 2026. The Village will offer long‑term ground leases under a public‑private partnership (P3) framework, with the private partner responsible for design, construction, financing, and ongoing operations of complementary FEC concepts, food‑and‑beverage venues, retail, wellness and event spaces. The partnership will be evaluated on capital structure, risk allocation, incentives, and operator track record. Immediate traffic is expected from 500‑750 k annual High 5 visits and 150‑275 k SportsPark visits, providing a built‑in customer base. Three parcels (totaling ~5 acres) are currently available for development, with the option to combine parcels for larger concepts. The Village will provide incentives, tax credits, and flexible deal structures to align interests. • Public‑private partnership with long‑term ground lease (P3) • Approximately 20 acres of entertainment campus plus access to 96‑acre SportsPark • Immediate built‑in traffic of 500‑750 k (High 5) and 150‑275 k (SportsPark) annual visits • Three parcels (1.56 ac, 1.31 ac, 3.11 ac) ready for development now; additional land can be combined • Incentive‑rich deal: tax credits, flexible capital stack, risk‑sharing mechanisms • Operator must be complementary (non‑competing) to existing High 5 anchor • Expected project investment from Village exceeds $100 million; private partner to provide additional equity and expertise • Target market: family‑focused entertainment, sports tourism, wellness and lifestyle services

Attached files

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

Contact

Trenton Gaskin

[email protected]

Key dates

Opened
9/15/2026
Closes
12/15/2026

Last updated

Details

Type
Request for Information
Industry
Sports and Recreation
NAICS
713990
Solicitation №
11626 Addendum 1

Budget estimate

$5,000,000 – $30,000,000

The Village is investing over $100 million in the overall hub, and the private partner will likely contribute additional equity (estimated $5‑15 million) and receive revenue from FEC operations. Based on comparable family‑entertainment centers of this size, annual net operating income can range from $5 million to $30 million once fully operational (typically 3‑5 years after opening). The budget estimate therefore reflects a low‑end scenario of modest traffic and limited ancillary spend, and a high‑end scenario with strong cross‑traffic, premium F&B, and event programming.

AI estimate from the solicitation

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