ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
Sanford has received just one bid tied to the redevelopment of a downtown property.
Read: What is sargassum, the 5,000-mile-long mat of seaweed heading toward Florida?
The city got one bid from G3 Development for a request for qualifications for the redevelopment of Monroe Hall, a building at 400 E. 1st St. constructed in 1943 that has an office area, a conference room and a large open meeting area.
The city wants a developer to build a four-level, 225,000-square-foot structure with 425 parking spaces and incorporated retail and multifamily residential uses on the 1.5-acre corner site. As part of the bid review process, details tied to the project will not be revealed until at a later date.
Click here to read the full story on the Orlando Business Journal’s website.
©2023 Cox Media Group