real estate transaction
Buying, selling, leasing, and pricing city land or property deals
Watch for any return to open session with a vote to approve a purchase/sale, set price limits, or authorize a signed agreement tied to the closed-session discussion.
Typically discussed at Business and Industrial Development Committee - Community Development Authority. Check back when the next agenda is published.
The Business and Industrial Development Committee–Community Development Authority voted 7-0 to go into closed session to talk about buying property and business help. Earlier this year, the same group was weighing Sandy Bay lot offers, Sandy Bay pricing, and possible industrial park land negotiations.
-
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%
-
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
-
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).
-
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).
Business and Industrial Development Committee - Community Development Authority -
The CDA discussed 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 with Weichert Realtors Cornerstone and raised prices across Phase 3 by 7.5% (all in favor).
City Council -
A 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.
City Council -
The CDA 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, and the lots remained available after counteroffers were rejected; no formal action was recorded.
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 additional land along Woodland Drive; no formal vote was recorded.
Business and Industrial Development Committee - Community Development Authority -
An agenda item titled "Concept mapping and site disposition" (selling city land/other transfer options) was discussed as part of the Hamilton property community visioning process.
Hamilton Property Community Visioning Process Phase 2 -
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 Business and Industrial Development Committee–Community Development Authority voted 7-0 to go into closed session to discuss property acquisition and business assistance for competitive/bargaining reasons.
Business and Industrial Development Committee - Community Development Authority