Economic redevelopment of an approximately 8. 5-acre site along SR-100

The City of Palm Coast, located in Flagler County, Florida, has issued a Request for Proposals (RFP) for the economic redevelopment of an approximately 8.5-acre City-owned property along the SR-100 corridor. The procurement seeks qualified development entities to acquire, lease, or establish a public-private partnership for the site, which consists of twenty-two City-owned parcels and one separately-owned parcel. Proposers are invited to submit standalone proposals under multiple disposition structures, including fee-simple purchase, long-term ground lease (50-99 years), hybrid lease-purchase arrangements, PILOT or revenue-based structures, or alternative public-private partnerships. The evaluation criteria will assess proposals based on financial benefit to the City (30 points), feasibility and financing certainty (25 points), development concept quality (15 points), proposer qualifications and experience (15 points), deal structure quality and risk allocation (10 points), and Parcel 7 strategy (5 points). Key dates include a mandatory pre-bid meeting on January 27, 2026, at 10:00 AM, a question deadline of January 30, 2026, at 2:00 PM, and the proposal submission deadline of February 12, 2026, at 2:00 PM, with all submissions required electronically through the City's Procurement Portal.

The RFP does not specify explicit set-aside designations or restrictions on responding organizations. Proposers must provide three references, carry appropriate insurance, and submit required compliance forms including debarment certification and conflict of interest statements. Water and sewer services are not currently available within the site but are accessible from the SR-100 right-of-way. The City has obtained independent appraisal information for internal decision-making but will not disclose valuation data during the solicitation or negotiation process. Proposers must keep their proposals firm for a minimum of 120 days following the opening date. The City reserves the right to negotiate terms with the top-ranked proposer, reject any or all proposals, modify site boundaries, and select a structure different from those proposed. While no specific award value or budget range is explicitly stated, the comprehensive nature of the RFP suggests a significant economic development opportunity with potential for substantial investment in the SR-100 Community Redevelopment Area.