The City of Margate, Florida and the Margate Community Redevelopment Agency have partnered with Colliers to find experienced real estate developers and investors for a long-term ground lease opportunity. This prime location on the 441 corridor in downtown Margate offers up to fifty acres of developable land for a mixed-use project.
This exciting opportunity will transform vacant land and government buildings into a dynamic downtown community. Interested parties can visit Colliers’ website for details on the bid process, which includes zoning approvals for 980 residential units, 500 hotel rooms, 1.28 million square feet of retail space, 861,331 square feet of office space and an additional industrial area spanning over 309,659 square feet. The deadline to submit bids is August13th2024.
Colliers’ team members Brooke Mosier,Ken Krasnow ,Mark Rubinand Bastian Schauer are working closely with Margateto facilitate this redevelopment initiative.
