City of Temple Terrace Minutes City Council Meeting 2026-06-02
City To Negotiate 8901 N. 56th Sale With Fountain Square
Trusted by teams at
Description
Temple Terrace Council adopted Resolution 57(a)-26 directing staff to negotiate a purchase and sale agreement with Fountain Square TT LLC for redevelopment of 8901 N. 56th Street. Negotiations will seek top-tier pricing, revenue participation, minimal contingencies, and alignment with the multimodal pedestrian master plan.
Contract Details
Vendor
FOUNTAIN SQUARE TT LLC
Agency
City of Temple Terrace, FL
Contract Type
OTHER
Document Date
June 2, 2026
Renewal Info
Friendly amendment instructs staff to negotiate to match the highest bid ($1.65 million plus 5% revenue for 10 years), integrate the parking lot into the multimodal pedestrian master plan, remove contingencies, and move to immediate closing; if negotiations fail, Council has designated Enigma Events LLC as backup under Resolution 57(b)-26.
More from City of Temple Terrace
City of Temple Terrace Minutes City Council Meeting 2026-06-02
City of Temple Terrace Minutes City Council Meeting 2026-06-02
City of Temple Terrace Minutes City Council Meeting 2026-06-02
City of Temple Terrace City Council Meeting Minutes 2026-05-19
City of Temple Terrace City Council Meeting Minutes 2026-05-19
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.