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  5. ›Re-Bid Historic Building Rehabilitation Lease and Adaptive…

City of Key West·Florida

Re-Bid Historic Building Rehabilitation Lease and Adaptive Use 402 Wall Street, Key West, Florida 33040

Closes 3/12/2026$500k – $2MRequest for Proposal
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Description

The City of Key West is requesting proposals for the rehabilitation, adaptive reuse, and long-term lease of the historic building located at 402 Wall Street, Key West, Florida 33040. The project involves the restoration and preservation of the building, as well as its adaptive reuse for a new purpose. The city is seeking a qualified developer or lessee to undertake this project and enter into a long-term lease agreement. Key aspects of the project include: • Rehabilitation and restoration of the historic building • Adaptive reuse of the building for a new purpose • Long-term lease agreement with the City of Key West • Preservation of the building's historic character and integrity The proposal should include a detailed plan for the rehabilitation and adaptive reuse of the building, as well as a proposal for the lease terms and conditions.

Attached files

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

Contact

Lucas Torres-Bull(Procurement Manager)

[email protected]

(305) 809-3807

Key dates

Opened
2/19/2026
Pre-bid meeting
2/25/2026Mandatory
Site visit
2/25/2026Mandatory
Closes
3/12/2026

Last updated

Details

Type
Request for Proposal
Industry
Construction
NAICS
561910
Solicitation №
RFP-RFP 26-002-0-2026/LT

Budget estimate

$500,000 – $2,000,000

The estimated budget for this opportunity is difficult to determine without more information on the project's scope and budget. However, based on the fact that the project involves the rehabilitation and adaptive reuse of a historic building, the estimated budget could be in the range of $500,000 to $2 million, depending on the complexity of the project and the lessee's proposal. Factors that may influence the likely payment range include the building's size, condition, and historic significance, as well as the lessee's experience and qualifications.

AI estimate from the solicitation

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