Standard_Contract_for_Sale.pdf

This is a Standard Contract for Sale and Purchase document related to the City of Tampa's disposition of real property located at 411 North Franklin Street, Tampa, Florida 33602, which includes the Tampa Police Department Headquarters, a parking garage, and associated improvements. The City is soliciting proposals from qualified proposers with demonstrated vision and financial capacity to develop the property to its highest and best use within the Central Business District-1 zoning area. The property is being offered subject to existing leases as described in accompanying documents. The transaction requires closing by January 31, 2027, with all costs associated with demolition, environmental assessment, survey work, engineering, architecture, rezoning, construction, and due diligence to be borne entirely by the successful proposer.

The City has established an opening bid of $36,000,000.00 for the property sale. The property is being conveyed on an "AS IS/WHERE IS WITH ALL FAULTS" basis, placing all responsibility for the condition and development of the site with the buyer. No information regarding specific response deadlines, site visit schedules, bidders' conferences, or award timelines is included in this excerpt of the contract document. Successful proposers must demonstrate the financial capacity to undertake the full scope of development and remediation required to bring the property to productive use within the stated closing timeline.