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Pinellas Re-Opens Industrial Park to Bidders

Star Center | Pinellas County Economic Development | Business

This is the second time the county has issued a request for negotiations on the 96-acre site in Largo.

LARGO – Pinellas County has re-issued a request for negotiations for the 96-acre Young-Rainey Science Technology and Research Center.

This is the second time the Pinellas County Industrial Development Authority has solicited an RFN for the manufacturing and technology campus on Bryan Dairy Road in Largo. The county was close to a deal but it fell through because the bidder could not meet certain requirements.

About 27.61 acres of the campus are under long-term ground leases and 10.43 acres are available for immediate development. The entire complex meets site stormwater retention and drainage requirements for current and future development.

This is a prime mid-county location with ample parking and easy access to I-275, Tampa International Airport and St. Pete-Clearwater International Airport. The STAR Center’s main building address is 7887 Bryan Dairy Road, Largo, and the site address is 11400 Belcher Road S. It is zoned M-1, as a light manufacturing and industry district. The leasable square footage of the property’s main building and leased out-buildings totals 661,697 square feet and is currently 81 percent occupied. The anchor tenant is Raytheon, a large defense contractor, which occupies more than 76 percent of the space.

The purpose of the RFN is to enter into negotiations to complete the sale/purchase, lease/purchase or another approach to the sale of such property in order to advance one or more of Pinellas County’s development goals. The Pinellas County IDA will consider all qualified responses to this RFN and evaluate each response based on the evaluation criteria established in the RFN document.

For details and the process for the STAR Center RFN, including deadlines, inspection and questions, as well as documents related to the appraisal, environmental reports, leasing, licenses and permits go to PCED.org.

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Pinellas Re-Opens Industrial Park to Bidders
Article Name
Pinellas Re-Opens Industrial Park to Bidders
Description
This is the second time the county has issued a request for negotiations on the 96-acre site in Largo.
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TB Reporter
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