News Flash

City of Homestead News

Posted on: August 25, 2023

Community Redevelopment Agency Seeks Development Partner for Destination Food Hall

Krome Marketplace Rendering


Notice is hereby given pursuant to Section 163.380(3)(a), Florida Statutes, that the City of Homestead Community Redevelopment Agency (“CRA”) is the owner of and intends to dispose of an interest through a sale or long term lease in 3 contiguous parcels located at 204, 220 and 230 N Krome Avenue, Homestead, Florida, 33030 respectively (collectively, the “Properties”). The Properties provide 174’ feet of frontage on N Krome Avenue and are improved with buildings of the following respective sizes:

• 204 N Krome Avenue 10,500 SF

• 220 N Krome Avenue 3,213 SF

• 230 N Krome Avenue 5,685 SF

Any party interested in purchasing or acquiring an interest through long-term lease in the Properties, or portion thereof, for purposes of developing a destination food hall concept with related ancillary uses, is hereby notified that proposals to acquire the Properties must be made and submitted to the CRA, Attention: Kametra Driver, Director, 212 NW 1st Avenue, Homestead Florida 33030. Proposals should include: A description of the experience of the Proposer and/or its principals in developing and operating similar food service concepts; a complete financial proposal detailing proposed lease terms and anticipated capital investments in the Properties including anticipated sources of capital; and an anticipated timeline for development outlining necessary steps from the commencement of the lease to commencement of operations. Further information as is available regarding the Properties may be reviewed or obtained at the Homestead CRA, 212 NW 1st Avenue, Homestead Florida 33030. Additionally, the CRA will provide interested parties an opportunity to inspect the properties 10am-12noon on August 30 & September 13. Proposals must be received by the CRA no later than the close of business on the 60th day following publication of this notice. In the event that the CRA does not receive any proposals in response to this invitation to submit proposals, or in the event that all proposals received by the CRA are rejected, the CRA reserves the right to seek, negotiate, and accept proposals deemed to be in the public interest from any other person or entity without further notice.

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