Alachua County Awards Financial Services Contract to Banyan Development (August 2026)

On November 4, 2025, Alachua County approved infrastructure sales tax funding for Banyan Development’s Royal Park Seniors project, with allocations of $2,880,002 for an 86-unit option and $3,277,500 for a 104-unit option as part of broader rental and homeownership programs. The motion passed unanimously 5–0.

Scope & details

The full contract record, as filed.

Contract amount

$2,880,002 (for 86 units) / $3,277,500 (for 104 units)

Contract type

FINANCIAL_SERVICES

Document type

Agenda

Source document

Alachua County Agenda Budget Meeting 2026-08-04

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Housing Finance Authority Meeting Agenda January 2026

DISCUSSSED

Alachua County, FloridaJan 21, 2026

Alachua County Minutes Alachua County Board of County Commissioners Meeting 2025-11-04

APPROVED

Alachua County, Florida$2,880,002 (for 86 units) / $3,277,500 (for 104 units)Nov 4, 2025

Alachua County Board of County Commissioners Minutes Nov 2025

APPROVED

Alachua County, Florida$2,880,002 (for 86 units) / $3,277,500 (for 104 units)Nov 4, 2025

alachua-county-meeting-agenda-2025-05-06_df3.pdf

pending

Alachua County, Florida$6,556,780May 6, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Alachua County?

Banyan Development was awarded this financial services contract by Alachua County, as recorded on August 3, 2026. The contract value is $2,880,002 (for 86 units) / $3,277,500 (for 104 units).

How much is the Banyan Development contract with Alachua County worth?

The Banyan Development contract with Alachua County is valued at $2,880,002 (for 86 units) / $3,277,500 (for 104 units), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Alachua County Agenda Budget Meeting 2026-08-04 (Agenda), dated August 3, 2026 from Alachua County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Banyan Development hold?

Banyan Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Alachua County currently buying?

Explore Alachua County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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