Tag Archive for: developer bid

Government District Seeks Developers To Buy 69 Acres Of Heron Bay Golf Club in Coral Springs

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The North Springs Improvement District is seeking developers to buy part of the Heron Bay Golf Club in Coral Springs.

The NSID, which provides water and drainage services for much of Parkland and Coral Springs, has the 220-acre shuttered golf course at 11801 Heron Bay Blvd.Ā under contractĀ for $32 million. It will convert much of the site into a preserve with walking trails and stormwater retention ponds. However, it has decided to sell 69 acres of the property along Nob Hill Road.

The North Springs Improvement District wants to sell 69 acres of the Heron Bay Golf Club in Coral Springs.
(IMAGE CREDIT: KATALYST REAL ESTATE)

Fort Lauderdale-based Katalyst Real Estate, led by PresidentĀ Don Ginsburg, was hired by the NSID to market the property. The NSID issued a request for proposals to consider bids for the land.

Ginsburg said the NSID wants to sell commercial development on the site for a use that will draw residents from the surrounding community. The only restriction is that the land canā€™t have homes. The RFP documents mentions about 20 retailers the community would like to see there, including bowling alleys, high-end retailers and sit-down restaurants.

 

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Fort Lauderdale To Seek Developers For 64-Acre Site Around Stadiums

Fort Lauderdale will offer developers the opportunity to build an entertainment/athletic venue, plus potential commercial development, around Lockhart Stadium and Fort Lauderdale Stadium.

Lockhart Stadium will be part of a request for proposals for a development lease in Fort Lauderdale

On Tuesday evening, the City Commission approved a resolution declaring its intent to lease the 64-acre site at the northwest corner of Commercial Boulevard and Northwest 12th Avenue. Itā€™s on the outskirts of Fort Lauderdale Executive Airport.

City Manager Lee Feldman said his staff is preparing to issue a request for proposals (RFP) for a lease and development agreement on the site within 10 days. The deadline to respond will be July 6.

Feldman said the RFP will call for an entertainment and/or athletic venue with at least four fields that can be used for soccer and lacrosse. At least one of the two stadiums must remain and be renovated, although the other stadium could be removed, Feldman said. No residential development would be allowed on the site, but there could be commercial development that contributes to the entertainment/athletic uses, he said.

Lockhart Stadium has a lease with the Fort Lauderdale Strikers soccer team through Dec. 31. Fort Lauderdale Stadium previously hosted MLB spring training, but has not been frequently used in recent years. The RFP will give the developer the option of demolishing either stadium, but not both. The RFP will also cover vacant land south of Lockhart Stadium.

ā€œThe city owns the property and we are looking to have the lease generate income for city and provide for an economic engine,ā€ Feldman said.

The RFP applications must be submitted to Fort Lauderdaleā€™s procurement division. The sealed bids would be reviewed by the city commission on Aug. 22.

 

Source: SFBJ