When is the submission deadline?

This RFP closed on April 14, 2026 and is no longer accepting submissions.

What is the budget for this RFP?

Settle estimates the budget at $10,000,000 – $50,000,000. The issuer has not published an official figure.

It was issued by City Of Palm Coast. The work is located in Palm Coast, Florida, United States.

Strategic Employment Zone Speculative Industrial Development Service (Closed)

Overview

Real Estate & Property Management

Palm Coast, Florida, United StatesPosted: January 16, 2026Deadline: April 14, 2026

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SUMMARY

Seeking developers for industrial space in a strategic employment zone to boost economic diversification and retain public land ownership.

KEY REQUIREMENTS

BUDGET

Estimate

$10,000,000 – $50,000,000

CONTRACT DURATION

600 months

TIMELINE

RFSQ Issue Date: January 14th, 2026

Optional Pre-Proposal Meeting: February 11th, 2026 at 9:00 AM

Question Deadline: March 3rd, 2026 at 2:00 PM

Bid/Proposal Deadline: April 14th, 2026 at 2:00 PM

Public Opening: April 14th, 2026 at 2:00 PM

QUESTION DEADLINE

March 3, 2026

CONTACTS

Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

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Issuing Agency

City Of Palm Coast

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DESCRIPTION

The city is seeking qualified developers to participate in speculative industrial development within a designated strategic employment zone. The objective is to create employment-generating industrial spaces that support economic diversification, stimulate private investment, and grow the city’s tax base, all while maintaining long-term public ownership of the underlying land.

Developers are expected to implement the city’s ground lease structure, establish a framework for entitlement cost recovery, define post-entitlement rent methodology, and adhere to established fiscal and evaluation standards. The financial structure includes a temporary, capped, and performance-based entitlement cost recovery period, transitioning to a stabilized, market-aligned ground rent after project entitlement, construction, and leasing.

Interested parties should note that all questions regarding this opportunity must be submitted by March 3, 2026.

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Frequently asked questions

When is the submission deadline?: This RFP closed on April 14, 2026 and is no longer accepting submissions.
What is the budget for this RFP?: Settle estimates the budget at $10,000,000 – $50,000,000. The issuer has not published an official figure.
Who issued this RFP?: It was issued by City Of Palm Coast. The work is located in Palm Coast, Florida, United States.

Analysis generated by Settle AI from the source RFP.

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