VB Hotel 1 LLC hotel ground lease and utilities bid pending

Vero Beach Airport is negotiating a new ground lease with VB Hotel 1, LLC for hotel development, supported by an updated appraisal and a pending utilities construction bid. Lease amendments and parcel division must be finalized before the utilities contract is awarded.

Document date · April 24, 2026

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Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

30-year lease contemplated with utilities bid pending

Renewal

Future lease amendment required to address parcel split and utilities bid award; term likely long-term ground lease (e.g., 30 years).

Document type

Agenda

Source document

Vero Beach Airport Commission Meeting Agenda April 2026

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City of Vero Beach Agenda Regular City Council Meeting 2026-10-13

PENDING

City of Vero Beach, FloridaOct 13, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Vero Beach?

Vb Hotel 1 Llc was awarded this facilities contract by City of Vero Beach, as recorded on April 24, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Vero Beach Airport Commission Meeting Agenda April 2026 (Agenda), dated April 24, 2026 from City of Vero Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Vb Hotel 1 Llc hold?

Vb Hotel 1 Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Vb Hotel 1 Llc's profile

What is City of Vero Beach currently buying?

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