Colliers, representing the City of Margate and the Margate Community Redevelopment Agency, is searching for experienced real estate developers and investors to enter into a long-term ground lease for up to fifty acres of developable land. This prime location on the 441 corridor in central Margate presents an exciting opportunity for a large-scale mixed-use project.
The selected developer will have the chance to transform vacant land and government buildings into a dynamic downtown community. The bid process can be found on Collier’s website, with properties zoned for 980 residential units, 500 hotel rooms, 1.28 million square feet of retail space, 861,331 square feet of office space,and309659squarefeetofindustrialarea.BidsshouldbesubmittedbyAugust13th2024.
Assisting with this process are Colliers’ experts Brooke Mosier,KenKrasnow , Mark Rubin,andBastianSchauer .Don’t miss out on this exciting opportunity asMargateseekstobringnewlifeandprosperitytoitsdowntownarea!
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