real estate transaction
Sale, lease, or easement of city property and required approvals
Watch for a future agenda item that brings back the Woodland Industrial Park purchase terms (price, acreage, funding source) and any Sandy Bay pricing or counteroffer policy in a voteable form.
Typically discussed at Business and Industrial Development Committee - Community Development Authority. Check back when the next agenda is published.
On Feb. 24, the CDA turned down three Sandy Bay lot offers as too low, and the industrial committee told staff to start negotiating for more Woodland Industrial Park land along Woodland Drive. Earlier, the city also approved a $305,000 easement deal tied to the 18th Street cell tower property and raised Sandy Bay Highlands Phase 3 lot prices 7.5%.
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passed Business and Industrial Development Committee - Community Development Authority · Jan 27, 2026 Weichert Realtors Cornerstone, review and possible action regarding Sandy Bay Highlands lot prices and price adjustments
Motion to increase price of all Phase 3 lot prices by 7.5%
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passed Business and Industrial Development Committee - Community Development Authority · Jan 27, 2026 Discussion on possible relocation of Renee's Popcorn
Motion to give Staff the flexibility to negotiate a land negotiation on the 18th Street and Hawthorne Avenue lot
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passed Business and Industrial Development Committee - Community Development Authority · Nov 25, 2025 Consideration of purchase offer for section of Lot 25 subdivided
Consideration of purchase offer for section of Lot 25 subdivided (accept purchase offer letter received for $7,000 for 0.18 acres, with buyer required to submit a CSM and schedule a closing within 30 days).
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City Council approved an easement agreement with TPA VI, LLC involving the City’s interest in the 18th Street cell tower property in exchange for a $305,000 lump-sum payment, and authorized the City Manager to sign closing documents.
City Council -
Staff reported ongoing talks with developers related to Sandy Bay Subdivision, including potential multi-family projects and possible property acquisitions for future housing development.
Business and Industrial Development Committee - Community Development Authority -
The committee discussed longer-term development focus areas closer to Two Rivers High School as a direction for 2027 and beyond.
Business and Industrial Development Committee - Community Development Authority -
An agenda item was listed for consideration of a purchase offer for a section of Lot 25 (lot subdivision), with no additional outcome details stated.
Business and Industrial Development Committee - Community Development Authority -
The CDA reviewed marketing tools for Sandy Bay and heard Weichert, Realtors Cornerstone’s plan for next steps.
Business and Industrial Development Committee - Community Development Authority -
The board asked Weichert to review Sandy Bay lot prices and return in February 2026 with recommendations.
Business and Industrial Development Committee - Community Development Authority -
The CDA reviewed Sandy Bay Highlands Phase 3 lot pricing and approved a 7.5% price increase across Phase 3 (vote recorded as all in favor).
Business and Industrial Development Committee - Community Development Authority -
The committee voted (all in favor) to give staff flexibility to negotiate a land deal involving the lot at 18th Street and Hawthorne Avenue as part of a possible Renee’s Popcorn relocation.
Business and Industrial Development Committee - Community Development Authority -
The CDA reviewed three offers for Sandy Bay Subdivision lots (Lot 22, Block 2; Lot 5, Block 5; Lot 6, Block 5), considered them too low, and after counteroffers were rejected the lots remained available; the minutes describe discussion with no formal action.
Business and Industrial Development Committee - Community Development Authority -
The Business and Industrial Development Committee discussed industrial acreage and reached consensus for staff to begin negotiations with a private property owner for future acreage along Woodland Drive; no formal vote was recorded.
Business and Industrial Development Committee - Community Development Authority