Industrial Development Authority looking for buyers of STAR Center

The Pinellas County Industrial Development Authority is soliciting Requests for Negotiation for the sale of the Young-Rainey Science Technology and Research Center. The STAR Center is a 96-acre manufacturing and technology campus on Bryan Dairy Road in Largo.

The Pinellas County Industrial Development Authority is soliciting a sealed Request for Negotiation for the sale of the Young-Rainey Science Technology and Research (STAR) Center, a 96-acre manufacturing and technology campus on Bryan Dairy Road in Largo.

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.

Approximately 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. A full site ALTA survey (2017) is available.

The STAR Center's main building address is 7887 Bryan Dairy Road, Largo, and the site address is 11400 Belcher Road South. 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, a large defense contractor, occupies over 76 percent of this 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 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.

All questions pertaining to the terms and conditions or scope of work of this RFN must be sent in writing to the Pinellas County Purchasing Department and received no later than October 1, 2018 at 3 p.m. This is also the deadline for inspection of the property. The Statements of Interest for the RFN are due Oct. 11 at 3 p.m.

All of the 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 can be found at www.PCED.org/StarCenter. No oral interpretations will be made to any firms as to the meaning of this RFN.