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Bradenton CRA to solicit offers for Bryant Commons after unsolicited bid
Summary
The CRA voted to advertise and solicit proposals for Bryant Commons, a CRA‑owned parcel with market value about $769,000, starting the 30‑day statutory notice period required by Florida Statute 163 part 3.
The Community Redevelopment Agency voted to place Bryant Commons — a CRA‑owned parcel in the central redevelopment area with a market value reported at roughly $769,000 — out for sale following an unsolicited bid.
Staff told the board an unsolicited multi‑family/townhouse proposal had been received and outlined the legal process under Florida Statute 163 part 3 for handling unsolicited proposals: the CRA must publish notice and wait 30 days to allow other potential bidders to respond, then evaluate legal and financial qualifications before negotiating. "We have a piece of property… it's called Bryant Commons," staff said, noting the parcel is on the tax roll and asking whether the board wanted to proceed with the 30‑day notice to solicit competing offers.
Board members discussed whether the site was more suitable for single‑family housing or higher‑density uses and whether proceeds from a sale could fund other CRA acquisitions deemed more suitable for single‑family residential projects. Staff said proceeds could be used for civil work on other CRA properties and emphasized the central CRA’s need for cash flow.
A motion to put the property out to sale in accordance with Florida Statute 163 part 3 was made, seconded and carried by voice vote.
Staff said that after the 30‑day window any submitted proposals would be reviewed and ranked; the CRA may bring finalists to the advisory board for review or proceed to negotiations, and the board retains discretion to reject all proposals.
Next steps identified by staff include running the statutory ad, collecting bids after the 30‑day window, and performing legal and financial vetting before any sale is finalized.
