Development of Vacant Lots

The City of Tarpon Springs has issued a non-binding Letter of Interest (LOI) to identify interested developers for the potential development of 23 vacant parcels primarily zoned for residential use, located within the city and owned jointly by the City and the Pinellas County Housing Finance Authority. This initiative aims to explore development concepts, gauge market interest, and identify potential barriers and incentives that could facilitate affordable housing or mixed-use projects, including residential and retail components. The LOI requests submissions from developers outlining their qualifications, proposed highest-and-best use, specific parcels of interest, planned unit types, retail uses, development feasibility, impediments, and requested city incentives. Responses are due by December 3, 2025, and the process is intended to inform future planning and possibly lead to formal solicitations or development agreements. Supporting materials include parcel maps and lists that detail ownership and geographic context, highlighting streets and landmarks such as E. Lime Street, E. Oakwood Street, and Fundamental Elementary School. The project emphasizes vertical mixed-use development along Safford Avenue and the Pinellas Trail, with a focus on affordable housing solutions aligned with local zoning and affordability standards. As a preliminary, non-contractual effort, the LOI does not specify contractual clauses, performance periods, or pricing structures, nor does it include formal FAR clauses, certifications, or inspection procedures. It functions solely as an informational tool to gather developer input, with no guarantee of future contracts or development commitments. The process encourages comprehensive, narrative proposals that will help the city evaluate development interest and plan subsequent steps toward revitalization and affordable housing expansion in Tarpon Springs.