The City of Tampa has announced the release of a Request for Proposals (RFP) seeking qualified and visionary developers to purchase the Tampa Police Department Headquarters property on N. Franklin Street. The property is just over an acre and encompasses one full city block, bounded by Madison St. to the north, Franklin St. to the west, N. Florida Ave. to the east and E. Kennedy Blvd to the south.
The City intends to sell the property for a minimum of $36 million, with closing required no later than January 31, 2027. The successful proposer will be fully responsible for all costs associated with demolition, environmental review, surveying, engineering, architecture, rezoning, construction, and all other due diligence or development expenses.
Located in Tampa’s Central Business District, the property occupies a prime downtown location envisioned as a catalyst for innovative, high-value redevelopment.
“Downtown Tampa is evolving fast, and this site offers a once-in-a-generation opportunity to reimagine a key parcel in the heart of downtown,” said Mayor Jane Castor. “This is a valuable opportunity in the downtown core to create a community-minded development that will serve Tampa for generations to come.”
Proposers must submit comprehensive responses including a cover letter and organizational information, cost and financing plan, requested pre-closing conditions, and special agreement terms by February 6, 2026.