Redevelopment of the Royal Street Parking Lot and Army/Navy Store Site in the Downtown Community Redevelopment Area (RE-BID)

The City of Tampa is seeking proposals for the redevelopment of several key properties in the Central Business District, including the Royal Street Parking Lot and Army/Navy Store Site. The project aims to provide high-density, attainable housing within a mixed-use, transit-oriented development. The selected developer will be required to provide a minimum of 800 total dwelling units, with at least 30% of the units being affordable for households earning up to 80% of the Area Median Income. The development must also include non-residential uses, such as commercial space, and provide a minimum of 15,000 square feet of publicly accessible space. The project will be evaluated based on several criteria, including the housing plan, transportation and infrastructure plan, sustainability and resiliency features, and previous project financing. • The project includes properties owned by the City of Tampa and the Community Redevelopment Agency. • The development must provide a minimum of 28 bedrooms for conservatory housing. • The project must comply with the City of Tampa's rules, regulations, and ordinances pertaining to sustainable development. • The developer must provide a detailed phasing plan, including the specific development program and proposed infrastructure improvements. • The project must be completed within seven years of the date of City Council approval of the development agreement.