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  5. ›Redevelopment of CRA Owned Broadway Properties

City of West Palm Beach·Florida

Redevelopment of CRA Owned Broadway Properties

Closes 4/30/2026$10M – $50MInvitation for Bid
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Description

The City of West Palm Beach is inviting proposed offers to negotiate for the lease, purchase, or lease/purchase of seven CRA-owned properties in the Broadway Mixed-Use District. The selected proposer will be responsible for designing, financing, constructing, managing, and marketing a high-quality, architecturally distinctive, economically sustainable mixed-use project that supports the long-term revitalization of the Broadway Corridor. The project aims to encourage creative and innovative proposals for the highest and best use of the properties to support continued economic development of the area. Key aspects of the project include: • Lease, purchase, or lease/purchase of seven CRA-owned properties • Design, finance, construct, manage, and market a mixed-use project • Support the long-term revitalization of the Broadway Corridor • Encourage creative and innovative proposals for the highest and best use of the properties

Attached files

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

Contact

Donna Levengood(Procurement Official)

[email protected]

(561) 822-2109

Key dates

Opened
2/26/2026
Closes
4/30/2026

Last updated

Details

Type
Invitation for Bid
Industry
Real Estate
NAICS
531110
Solicitation №
ITN-ITN 25-26-500 DL-0-2026/DL

Budget estimate

$10,000,000 – $50,000,000

Given the scope of the project, which involves the redevelopment of seven properties, the budget could be substantial. However, the project's budget is not explicitly stated, making it challenging to provide an accurate estimate. Considering the complexity and scale of the project, a possible budget range could be between $10 million and $50 million. This estimate is based on the assumption that the project will involve significant construction, design, and management costs. Factors that may influence the likely payment range include the specific requirements of the project, the experience and qualifications of the proposer, and the overall budget allocated by the City of West Palm Beach.

AI estimate from the solicitation

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