10 N W St Margate, FL

Colliers, on behalf of the City of Margate, Florida, and the Margate Community Redevelopment Agency, is seeking qualified real estate developers and investors to enter into a long-term ground lease for up to fifty acres of developable land. This land is intended for the construction of Margate’s future “downtown,” envisioned as a large-scale, mixed-use project. The location is on the 441 Corridor in the heart of Margate. The successful proposer will develop a plan that demonstrates an understanding of the city’s desired development concept. Proposers must demonstrate organizational and team capacity, experience with high-quality design and construction, access to capital (equity and debt), the ability to engage in meaningful public participation, a willingness to incorporate sustainability design elements and construction materials, strong and respectful relationships with state and local environmental regulatory agencies, and a track record of completing projects of a similar size and scope within a reasonable timeframe and consistent with financial projections. The city plans to launch a Request for Proposals (RFP) process in 2024.