CRA Considers $654,000 Incentive Agreement with 1503 Opportunity
City of BradentonCity · Bradenton, FL- Disclosed value
- Estimated total reimbursement of $654,000; capital investment of approximately $5,450,000
- From agendapacket
- Document date
- Sep 23, 2026
- Renews
- Free account
The 30-second brief
The Bradenton CRA is considering an agreement with 1503 Opportunity Fund, LLC, for a 31-unit multifamily development in the Tamiami Trail district. The agreement would provide an estimated $654,000 in increment-revenue reimbursements for a project with approximately $5.45 million in capital investment.
1503 Opportunity Fund LLC holds this construction contract with City of Bradenton. Its other public contracts on record include work for Bradenton Police Department.
The renewal date is on record. A free account shows it, with the renewals for every City of Bradenton contract.
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Contract details
- Contract type
- Construction
- Amount
- Estimated total reimbursement of $654,000; capital investment of approximately $5,450,000
- Document date
- September 23, 2026
- Term
- Reimbursement payments continue until the total reimbursement is paid in full or the Tamiami Trail CRA district sunsets on September 30, 2040; substantial completion required no later than December 31, 2027
- Renews
- Free account
- Agency
- City of Bradenton
- Source document
- Bradenton Community Redevelopment Agency Agenda Packet 2026-09-23 (AgendaPacket)
1503 Opportunity Fund LLC's other public contracts
More City of Bradenton contracts
Questions about this contract
Who was awarded the construction contract by City of Bradenton?
1503 Opportunity Fund LLC was awarded this construction contract by City of Bradenton, as recorded on September 23, 2026. The contract value is Estimated total reimbursement of $654,000; capital investment of approximately $5,450,000.
How much is the 1503 Opportunity Fund LLC contract with City of Bradenton worth?
The 1503 Opportunity Fund LLC contract with City of Bradenton is valued at Estimated total reimbursement of $654,000; capital investment of approximately $5,450,000, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Bradenton Community Redevelopment Agency Agenda Packet 2026-09-23 (AgendaPacket), dated September 23, 2026 from City of Bradenton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does 1503 Opportunity Fund LLC hold?
1503 Opportunity Fund 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.
What is City of Bradenton currently buying?
Explore City of Bradenton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.