Cervantes Street property acquisition
City of PensacolaFlorida- Detected
- Oct 19, 2026
- 15 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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From the meeting
Council was scheduled to approve purchase of 1620 West Cervantes Street and four adjoining parcels from 4M FL Investment LLC for $885,000 plus closing costs as part of the Pace-Cervantes Corridor Revitalization Project. This is a real property acquisition tied directly to a larger corridor project and grant agreement. The council vote is the pending decision, and the named seller is the key external party.
The acquisition can unlock site assembly and later construction scopes.
- Meeting date
- October 19, 2026
- Agency
- City of Pensacola
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