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Strategic Employment Zone Speculative Industrial Development Service

Overview


Real Estate & Property Management
Palm Coast, Florida, United StatesPosted 4 months agoDeadline: April 14th, 2026

Fit Score


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SUMMARY


Seeking developers for industrial space in a strategic employment zone to boost economic diversification and retain public land ownership.

KEY REQUIREMENTS


BUDGET

Estimate

$10,000,000 – $50,000,000

CONTRACT DURATION


600 months

TIMELINE


RFSQ Issue Date: January 14th, 2026

Optional Pre-Proposal Meeting: February 11th, 2026 at 9:00 AM

Question Deadline: March 3rd, 2026 at 2:00 PM

Bid/Proposal Deadline: April 14th, 2026 at 2:00 PM

Public Opening: April 14th, 2026 at 2:00 PM

QUESTION DEADLINE


March 3rd, 2026

Issuing Agency


City Of Palm Coast

Organization overview and procurement intelligence available on paid plans.

DESCRIPTION


The city is seeking qualified developers to participate in speculative industrial development within a designated strategic employment zone. The objective is to create employment-generating industrial spaces that support economic diversification, stimulate private investment, and grow the city’s tax base, all while maintaining long-term public ownership of the underlying land.

Developers are expected to implement the city’s ground lease structure, establish a framework for entitlement cost recovery, define post-entitlement rent methodology, and adhere to established fiscal and evaluation standards. The financial structure includes a temporary, capped, and performance-based entitlement cost recovery period, transitioning to a stabilized, market-aligned ground rent after project entitlement, construction, and leasing.

Interested parties should note that all questions regarding this opportunity must be submitted by March 3, 2026.

Source attribution

This Settle analysis is based on the issuing organization’s public RFP listing.

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