real estate transaction
Buying, selling, leasing, and pricing city land or property deals
Watch for the next meeting where staff brings back vote-ready terms: a Sandy Bay pricing/offer policy, a Woodland Industrial Park land purchase proposal, or a specific Hamilton site plan and selling city land approach.
Typically discussed at Business and Industrial Development Committee - Community Development Authority. Check back when the next agenda is published.
The city is juggling a few real estate tracks at once: Sandy Bay lot sales and pricing, industrial park land talks, and planning for the Hamilton property. The most concrete recent moves were rejecting three Sandy Bay offers as too low and starting concept layouts for the Hamilton site, including how the city might handle selling city land there.
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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 agenda included a closed-session item tied to this topic.
City Council -
City Council work session agenda included this topic.
City Council Work Session -
A Business and Industrial Development Committee / Community Development Authority meeting was scheduled but had no quorum; this topic appeared on that agenda.
Business and Industrial Development Committee - Community Development Authority -
City Council agenda included a closed executive session item connected to this topic.
City Council -
The topic appeared on the Business and Industrial Development Committee / Community Development Authority meeting agenda.
Business and Industrial Development Committee - Community Development Authority -
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 -
The Community Development Authority reviewed Sandy Bay Highlands Phase 3 lot pricing with Weichert Realtors Cornerstone and raised prices across Phase 3 by 7.5% (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 Community Development Authority reviewed three offers for Sandy Bay Subdivision lots (Lot 22, Block 2; Lot 5, Block 5; Lot 6, Block 5), considered the offers too low, made counteroffers that were rejected, and the lots remained available; minutes describe discussion with no formal action.
Business and Industrial Development Committee - Community Development Authority -
The Business and Industrial Development Committee discussed buying additional industrial land along Woodland Drive and reached consensus for staff to begin negotiations with a private property owner for future acreage; no formal vote was recorded.
Business and Industrial Development Committee - Community Development Authority -
The Hamilton Property Community Visioning Process Phase 2 meeting moved into concept mapping and site disposition (planning layouts and how the site could be handled, including options that can include selling city land).
Hamilton Property Community Visioning Process Phase 2