Redevelopment of the Royal Street Parking Lot and Army/Navy Store Site in the Downtown Community Redevelopment Area

The City of Tampa is seeking a developer for the Redevelopment of the Royal Street Parking Lot and Army/Navy Store Site in the Downtown Community Redevelopment Area, identified as RFP #25-P-00085. The project involves transforming multiple city-owned properties in the Central Business District, including parcels at 1420 Parking Lot, 103 E. Laurel St., Royal Street Parking Lot, and the Army/Navy Store property. The City requires a high-density, mixed-use transit-oriented development with a minimum of 750 total dwelling units, mandating that 30% of residential units be affordable to households earning up to 80% of Area Median Income, and an additional 20% as workforce housing. Proposers must incorporate 15,000 square feet of non-residential space, provide 150 publicly available parking spaces, and aim for LEED Silver certification or equivalent green building standards. The mandatory pre-proposal conference was held on April 21, 2025, with proposal submissions due by June 13, 2025. Evaluation criteria will include housing plan, transportation infrastructure, sustainability features, financial capacity, project team experience, and WMBE/SLBE participation.

The City of Tampa has established specific Equal Business Opportunity (EBO) requirements, with a maximum of 20 points available for Women/Minority-Owned Business Enterprise (W/MBE) and Small Local Business Enterprise (SLBE) participation. Proposers must be certified prior to the RFP opening date and can earn points through meaningful subcontractor inclusion, with requirements for certified W/MBE and SLBE firm participation. While no specific award value is explicitly stated, the RFP indicates the City is open to various property disposition methods, including sale, lease, or lease option, with potential for the City to retain partial ownership of the property or completed project. The development must demonstrate financial capacity through secured assets or financial commitments and provide a pro forma showing project feasibility for at least 50 years. An archaeological desktop analysis has been completed for the site, revealing low potential for significant archaeological remnants, and environmental assessments have identified some historical environmental conditions that will require further investigation and potential remediation.