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  5. ›REAL ESTATE DEVELOPER RIVERGATE - PALM DISTRICT PROPERTIES

City of New Port Richey·Florida

REAL ESTATE DEVELOPER RIVERGATE - PALM DISTRICT PROPERTIES

Closes 10/5/2026$5M – $15MRequest for Proposal
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Description

The City of New Port Richey’s Community Redevelopment Agency seeks a qualified developer to acquire approximately 5.73 acres of CRA‑owned land and implement a mixed‑use project that adds residential, retail, and commercial components to the Palm District. The developer must submit a sealed proposal by the deadline, including an original, four copies, and a digital USB drive, all clearly marked with the firm’s name and the solicitation reference. Questions about the RFP must be submitted in writing by the specified date, after which the agency will issue responses. This opportunity does not include attached blueprints. • Purchase and develop ~5.73 acres of CRA land. • Deliver a mixed‑use, multi‑family, retail, and commercial project aligned with the District’s growth plan. • Submit sealed proposals (1 original, 4 copies, 1 USB) by October 5, 2026, 3 PM. • All questions due by September 7, 2026, 3 PM; answers released September 14, 2026.

Attached files

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

Contact

Dave Gammon(Economic Development Director)

[email protected]

Key dates

Opened
6/10/2026
Questions due
9/7/2026
Closes
10/5/2026

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531120
Solicitation №
RFP-27-001-0-2027/WK

Budget estimate

$5,000,000 – $15,000,000

No explicit budget is listed, but acquiring 5.73 acres in a coastal Florida city and delivering a mixed‑use development typically involves multi‑million‑dollar projects. Based on comparable municipal development contracts, the total award could range from roughly $5 million for a smaller, phased project up to $15 million for a larger, fully‑built mixed‑use scheme. Factors influencing the final amount include land purchase price, scope of residential units, retail space square footage, and any public‑private financing incentives.

AI estimate from the solicitation

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