Oldsmar Recommends Town Center Agreement With Stanbery
City of OldsmarCity · Oldsmar, FL- Disclosed value
- $2,000,000 purchase price; $200,000 non-refundable earnest money deposit; $350,000 annually in liquidated damages for delays
- From staffreport
- Document date
- Oct 14, 2026
The 30-second brief
Oldsmar planning staff recommends approval of a Development Agreement with Stanbery Development Group, LLC for the Town Center site. The proposed arrangement includes a $2 million property purchase, a $200,000 deposit, and completion of the mixed-use project within 60 months, with liquidated damages for delays.
Stanbery Development Group LLC holds this contract with City of Oldsmar.
Term as filed: Project completion within 60 months after the later of property conveyance or receipt of all required permits and approvals; Development Agreement termination date is blank in the proposed agreement.
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Contract details
- Amount
- $2,000,000 purchase price; $200,000 non-refundable earnest money deposit; $350,000 annually in liquidated damages for delays
- Document date
- October 14, 2026
- Term
- Project completion within 60 months after the later of property conveyance or receipt of all required permits and approvals; Development Agreement termination date is blank in the proposed agreement
- Agency
- City of Oldsmar
- Source document
- City of Oldsmar StaffReport Town Center Site - Development Agreement 2026-10-14 (StaffReport)
Stanbery Development Group LLC's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Oldsmar?
Stanbery Development Group LLC was awarded this government contract by City of Oldsmar, as recorded on October 14, 2026. The contract value is $2,000,000 purchase price; $200,000 non-refundable earnest money deposit; $350,000 annually in liquidated damages for delays.
How much is the Stanbery Development Group LLC contract with City of Oldsmar worth?
The Stanbery Development Group LLC contract with City of Oldsmar is valued at $2,000,000 purchase price; $200,000 non-refundable earnest money deposit; $350,000 annually in liquidated damages for delays.
What type of contract is this?
This is a government contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in City of Oldsmar StaffReport Town Center Site - Development Agreement 2026-10-14 (StaffReport), dated October 14, 2026 from City of Oldsmar. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Stanbery Development Group LLC hold?
Stanbery Development Group 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 Oldsmar currently buying?
Explore City of Oldsmar's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.