Dept of Management Services Florida #25-014

Santa Rosa County Solicits Bids for 45-Acre Industrial Development Lease in Milton, FL

Santa Rosa County Board of County Commissioners is seeking bids for the lease and industrial development of a 45-acre county-owned property in Milton, FL. - Government Buyer: - Santa Rosa County Board of County Commissioners - Project Scope: - Lease of approximately 45 acres at 3405 Garcon Point Rd, Milton, FL (Parcel ID 27-1N-28-0000-00104-0000) - Ground lease with option to purchase for industrial development - Construction of a 380,000+ square foot distribution center - Infrastructure improvements including sewer extension and wetlands mitigation/protection - Investment & Job Creation Requirements: - Minimum capital investment of $33 million - At least 175 net new jobs to be created - Wages must be at least 115% of the average annual salary as determined by Florida Commerce - Developer must provide proof of capital investment, job creation, and wage levels - Grant & Compliance: - Project must comply with Triumph Gulf Coast Grant #331 conditions - Developer must meet all TRIUMPH grant requirements - Unique/Notable Requirements: - Minimum $5,000 earnest money deposit (non-refundable if awarded) - County retains right of first refusal and may negotiate higher lease price - County may award more than one bid - Lease agreement to be executed within thirty days of award; option to purchase included - No OEMs or specific vendors are named, as this is a real estate and development opportunity

Description

The Santa Rosa County Board of County Commissioners is soliciting sealed bids for the lease of approximately 45 acres of land located at 3405 Garcon Point Rd, Milton, FL 32583 (Parcel ID 27-1N-28-0000-00104-0000). The lease is intended for industrial development with a capital investment exceeding $33 million, expected to create at least 175 jobs with wages at a minimum of 115% of the average annual salary as determined by Florida Commerce. The lease is a ground lease with an option to purchase, and the developer must provide proof of capital investment, job creation, and wage requirements to meet Triumph Grant #331 conditions. Bids must be submitted electronically via the County e-Procurement Portal by 10:00 a.m. on December 2, 2024, with inquiries due by November 22, 2024.

View original listing