Approval to award RFP No. 2023-016 for Sale of Surplus Property at 424 Douglas Court and 426 Douglas Court, identified by Parcel ID: 2409-501-0199-000-0 and 2409-501-0200-000-1, to the highest ranked responder, Eastern Capital Investments, LLC.

The Fort Pierce Redevelopment Agency (FPRA) is the owner of real property located at 424 & 426 Douglas Court, identified by Parcel IDs: 2409-501-0199-000-0 and 2409-501-0200-000-1, with a legal description of: LINCOLN PARK NO 2 BLK 7 LOT 7 (OR 2760-656, 660) & LINCOLN PARK NO 2 BLK 7 LOT 8 (OR 2730-2508).

The properties were declared surplus by the FPRA on April 18, 2016.

Request for Proposal (RFP) number 2023-016 was issued on January 30, 2023. The invitation was sent to 508 vendors. Seventeen (17) vendors requested specifications with seven (7) responding.

City staff evaluated the responses in accordance with the information detailed in Section III – Statement of Work pg. 12, Evaluation Criteria. The committee reviewed and scored the responses with respect to Preliminary Development Plan, Timeline, Construction Cost Estimates, Financial Ability, Property Utilization and Summary of Development. The cumulative scores are attached.

In accordance with the Policy for the Disposition of FPRA-owned property, the CRA Advisory Committee reviewed the request and forwarded a recommendation to the FPRA Board for approval of the sale of real property located at 424 & 426 Douglas Court, identified by Parcel IDs: 2409-501-0199-000-0 and 2409-501-0200-000-1 with a legal description of: LINCOLN PARK NO 2 BLK 7 LOT 7 (OR 2760-656, 660) & LINCOLN PARK NO 2 BLK 7 LOT 8 (OR 2730-2508) to Eastern Capital Investments, LLC. 

Award bid to the highest ranked repondent, Eastern Capital Investments, LLC

Award bid to second highest ranked respondent or issue a new bid.

Miriam Garcia, Redevelopment Specialist

Purchasing Division
Shyanne Harnage, Economic Development Manager