A development group interested in creating affordable and market-rate housing, offices and shops has submitted an unsolicited proposal for a city-owned lot once considered for a Moffitt Cancer Center satellite campus.
Property Markets Group/PMG Affordable and Feldman Equities have offered the city $8 million for the block at 800 First Ave. S, according to a news release. The land is currently used as a surface parking lot.
It’s not the first time the site has lured unsolicited bids. The Moffitt proposal, which included an outpatient treatment center, hotel and residential tower was an unsolicited bid that was ultimately vetoed by Mayor Ken Welch for not having enough affordable housing.