CRA Grocery Store Incentive Request for Qualifications

The Cedar Key Community Redevelopment Agency (CRA) is seeking a qualified developer to establish and operate a full‑service grocery store within the CRA district. The selected party must acquire or lease a property, complete building rehabilitation and storm‑resiliency upgrades, obtain all permits and licenses, and operate the store as a primary grocery outlet for at least five years. The CRA will reimburse up to 50% of eligible improvement costs, capped at $150,000, paid in milestones after verification. Applicants must provide a detailed business plan, budget, funding evidence, project schedule, and storm‑preparedness plan. • Property acquisition or qualifying lease required • Eligible improvements include structural, electrical, plumbing, façade, signage, accessibility, and storm‑resilience upgrades • Reimbursement up to $150k (50% of approved costs) • Minimum five‑year operation commitment • Submission deadline November 30, 2026, 9 PM ET