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City of West Palm Beach·Florida

Purchase and Development of Real Property on the Broadway Corridor

Closes 7/24/2024$5M – $15MRequest for Proposal
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Description

The City of West Palm Beach is soliciting proposals to purchase and develop five city‑owned parcels located along the Broadway Corridor in the city’s north end. The effort will involve acquisition, site planning, entitlement, design, and construction to create mixed‑use or commercial‑ready developments that align with the city’s revitalization goals. This RFP seeks a qualified developer or consortium capable of delivering the project on schedule, within budget, and in compliance with local regulations. • Acquire five designated parcels and assume ownership transfer. • Conduct entitlement, zoning, and permitting processes for mixed‑use/commercial development. • Provide design, engineering, and construction services to build the envisioned improvements. • Coordinate with the City of West Palm Beach on community impact, infrastructure upgrades, and sustainability standards. • Deliver a phased implementation plan and financial model demonstrating project viability.

Attached files

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

Key dates

Opened
10/1/2026
Closes
7/24/2024

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531312
Solicitation №
ITN 23.24.500 SS

Budget estimate

$5,000,000 – $15,000,000

No budget is disclosed, but developing five urban parcels in a high‑growth Florida market typically ranges from mid‑single‑digit millions to low‑double‑digit millions of dollars. Assuming each parcel averages $1‑3 million for land acquisition plus $5‑10 million for entitlement, design, and construction, the total contract value could plausibly fall between $5 million and $15 million. This estimate accounts for land costs, civil infrastructure upgrades, and developer profit margins.

AI estimate from the solicitation

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