Pinellas County 26-00012-PB

STAR Center Redevelopment - Piggyback from the FDMS contract

The government buyer is Pinellas County, Florida, which has entered into a piggyback agreement with CBRE, Inc. for real estate services related to the STAR Center Redevelopment project. This agreement leverages the terms and pricing from the State of Florida Department of Management Services (DMS) contract DMS-22/23-007A for Real Estate Services. CBRE, Inc., headquartered in Tampa, FL, is the contractor providing comprehensive real estate advisory services including lease review, negotiation, development advisory, solicitation development, market engagement, proposal evaluation, and transaction negotiation for the redevelopment of approximately 69 acres within the STAR Center industrial and manufacturing campus. The services include strategic planning, financial modeling, market analysis, lease structure evaluation, and coordination with existing tenants and stakeholders. The contract term is from the effective date through April 8, 2029, with possible extensions aligned with the DMS contract. The contract expenditure cap is $195,000 without amendment. Notable contract requirements include maintaining insurance coverage per Exhibit B, compliance with Florida laws and public records requirements, and detailed performance standards. The contract also includes a success fee payable by the selected developer based on total project cost. The STAR Center redevelopment aims to reposition the site as a premier industrial campus supporting targeted industries such as advanced manufacturing, aerospace, defense, life sciences, and IT. CBRE's team includes experts with extensive government and real estate experience. The place of performance is Pinellas County, Florida, with delivery and services focused on the STAR Center site and related facilities. The contract is a piggyback from the Florida DMS contract, ensuring compliance with state procurement rules and leveraging existing competitive solicitation results.

Description

This is a piggyback contract from the FDMS contract for the redevelopment of the STAR Center located in Clearwater, FL. The contract is active and scheduled to end on July 14, 2027. The award amount is $195,000. The primary contact is Markus Robinson, Procurement Analyst Lead.

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