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City picks CBRE to consult on 201 Highland redevelopment; commissioners debate retainer and timeline
Summary
Largo awarded CBRE a redevelopment consulting contract for the 201 Highland Avenue site but several commissioners voiced concern about the retainer structure and potential long-term cost if a developer is not identified within 18 months.
The Largo City Commission voted July 15 to award RFQ 25Q832 — continuing redevelopment consulting services for the 201 Highland Avenue site — to CBRE. The contract authorizes a monthly retainer (initially $13,000 per month) with a maximum cap; if the scope later includes relocation services for the Largo Police Department the retainer would increase and the city-authorized maximum would rise to $279,000.
City staff told the commission CBRE was selected from responses to the procurement based on comparable projects and relevant experience with complex, multi-parcel redevelopment that can include public-private partnerships and potential building relocations. The redevelopment assignment follows a 2024 voter referendum authorizing sale of the 14-acre site, which is composed of three parcels: City Hall, Police Department…
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