ITN_GRM260862_Development_of_Catalytic_Opportunity_Site_Lot_5_Downtown_Ocala__Exhibit_K__Vision_2050.pdf

This is an Exhibit K (Vision 2050) supporting document for an Invitation to Negotiate (ITN) issued by the City of Ocala, Florida, for the development of a catalytic opportunity site (Lot #5) located in the Downtown Community Redevelopment Area. The project seeks qualified developers, builders, partnerships, and agencies to construct a mixed-use development requiring residential use combined with any combination of retail, restaurant, office, or cultural spaces. The property is strategically positioned within the Downtown CRA per the Midtown Master Plan (2017) and is situated near the Downtown Square, future hotel, Osceola Trak, and Marion County Courts Complex. The ITN process is designed to elicit practical development solutions that align with key mixed-use design principles, informed by various studies commissioned by the City to examine desired and potential development throughout the Midtown and Downtown areas.

The Vision 2050 exhibit provides proposers with existing condition information, Midtown's missions and goals, land use and development concepts, supporting strategies for area improvement, and a prioritized implementation roadmap for the City and its partners. This foundational planning document serves to guide proposers and their architects in developing proposals that contribute to the City's long-term vision while the City commits to implementing complementary mobility and connectivity enhancements to support the development strategies outlined in the Plan. The document establishes the planning framework and expectations for how selected developers' projects should integrate with broader downtown revitalization objectives.