5818 Margate Blvd 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. The land is intended for the construction of Margate’s future “downtown,” envisioned as a large-scale, mixed-use project. This development opportunity is located on the 441 Corridor in the heart of Margate. The City plans to launch a Request for Proposals (RFP) process in 2024. The successful proposer will develop a plan that demonstrates an understanding of the City’s desired development concept. Proposers must demonstrate organizational/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.