N. SPRING STREET(60' R/W)

Agenda Conference · 2026-06-15 · agenda_item

The City of Pensacola is planning to acquire a vacant commercial property located at 2623 West Cervantes Street. This acquisition is part of the larger Pace-Cervantes Corridor Revitalization Project, which aims to improve the area. The property is 0.40 acres and currently zoned C-3. The City Council is considering approving the purchase for $160,000. This item is currently under review by the City Council. The project will involve the acquisition of commercial properties, which could lead to future development and construction work. Contractors, suppliers, and service providers interested in potential future work related to property redevelopment should monitor this project's progress. Early engagement before final plans and permits are established could offer a competitive advantage.

property size

0.40 acre

purchase price

160,000 $

grant amount

5,000,000 $