HomeMy WebLinkAboutItem 05 Approval for the Award of the Master Developer for Downtown Ocoee
City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761
Phone: (407) 905-3100 ▪ www.ocoee.org
STAFF REPORT
Meeting Date: April 2, 2024
Item #: 5
Contact Name: Michael Rumer Department Director: Michael Rumer
Contact Number: Ext. 1018 City Manager: Robert Frank
Subject: Approval for the Award of the Master Developer for Downtown Ocoee. (Development
Services Director Rumer)
Background Summary:
On July 18, 2023, Assistant City Manager Craig Shadrix, facilitated a City Commission Workshop for Ocoee's
Downtown. Assistant City Manager Shadrix led the Commission on a review of the Downtown Master Plan,
the status of downtown projects, and discussed next ventures in completing development of Getting's Point,
Bill Breeze Park, the old City Hall location, and procuring a Master Developer. On October 3, 2023, the City
Commission authorized staff to proceed with procuring a Master Developer by releasing a Request for Letters
of Interest (RLI). The RLI provided developers the opportunity to submit proposals for services and respond to
criteria provided in the RLI.
At the conclusion of the response deadline, a single response was received by G3 Development. G3
Development has been a real estate developer in the Central Florida market specializing in mixed-use
developments for over 20 years. G3 Development, currently has projects in the City of Mount Dora, the City of
Eustis, the City of Wildwood, the City of Sanford, and the City of Tavares. Coordinated by the City Manager's
office, staff has had several meetings with the G3 team and based on their qualifications and direct
experience, is satisfied to move forward.
City staff is seeking authorization to enter into a contract with G3 Development as the Master Developer for
the Downtown. The Master Developer will work with City staff to implement the vision of the Downtown Master
Plan, by identifying one (1) to three (3) catalyst projects within the Downtown Area. Utilizing their vast
experience in development in urban downtowns, G3 Development may serve as either the primary developer
of a project or a strategic partner. In these roles, they will spearhead collaboration with architects, urban
designers, engineers, and other professionals to conceptualize and design the proposed developments.
Additionally, they will oversee all aspects of construction, implement marketing strategies, and ensure all funds
are in place to start and finish projects. A formal contract will be brought back to the City Commission for
approval.
Issue:
Authorization to Proceed to Contract with G3 Development for a Master Downtown Developer based on RLI
#24-003.
City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761
Phone: (407) 905-3100 ▪ www.ocoee.org
Recommendations:
Staff recommends the Honorable Mayor and City Commission provide authorization to enter into a contract
with G3 Development, for RLI #24-003.
Attachments:
1. Responses for RLI #24-003 Master Developer Downtown Ocoee
2. Letter of Interest
Financial Impacts:
None
Type of Item: Consent
RLI #24-003 Master Developer for Downtown Ocoee
A single response to the City’s Request for Letters of Interest #24-003 was received on 1/23/24 for the
Master Developer for Downtown Ocoee, from the following firm:
1. G3 Development
*Additional information regarding this solicitation will posted on Bonfire when available at
https://ocoee.bonfirehub.com/portal/?tab=openOpportunities