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Agenda 04/28/2026 Item #16A11 (Moved to Item #11C Invitation to Negotiate (ITN) to solicit a qualified development partner for the construction of housing that is affordable on County-owned property at Port of the Islands)4/28/2026 Item # 16.A.11 ID# 2026-827 Executive Summary Recommendation to authorize staff to issue an Invitation to Negotiate (ITN) to solicit a qualified development partner for the construction of housing that is affordable on County-owned property at Port of the Islands. OBJECTIVE: To have the Board of County Commissioners (Board) authorize staff to negotiate to solicit a qualified development partner for the construction of housing that is affordable on County-owned property at Port of the Islands, and advance the development of housing that is affordable in Collier County in alignment with the Housing Element of the Growth Management Plan. CONSIDERATIONS: On January 9, 2020, the Board of County Commissioners acquired the Port of the Islands “Old Hotel” property (12323 Union Road; Folio No. 01058920500) via Escheatment Tax Deed at a cost of $1,239.80. The County subsequently invested $388,444 to demolish the existing structure. The 6.86-acre site is now cleared and development-ready. The County Manager has received a Letter of Intent from an affordable housing developer proposing to lease and develop the site as a 100% affordable housing community. The property is zoned Residential Tourist (RT), which permits a range of uses, including multifamily residential and townhouses. Under current zoning, the site supports a maximum density of 16 units per acre, yielding approximately 110 residential units. Given the strategic importance of this asset, a competitive ITN process is recommended to ensure the selection of a development partner that best advances County priorities and maximizes public benefit. • Staff proposes that the ITN evaluation criteria prioritize: • Total number of affordable units delivered • Depth of affordability, including units below 60% Area Median Income (AMI) • Targeted populations, including essential service personnel, veterans, and seniors • Duration and enforceability of affordability restrictions • Leveraging external funding sources (e.g., LIHTC, SAIL, bonds, private equity) • Demonstrated financial feasibility • Hurricane resilience and environmental sustainability • Strong developer experience and a proven delivery track record • Project timeline and readiness to proceed The ITN will be structured to encourage ground leases or similar arrangements that retain County ownership of the land while enabling private development, thereby further protecting the long-term public interest. Next steps after the award would be the Board's approval of a Developer Agreement and a Long-term Ground Lease with the selected developer. This item is consistent with the Collier County strategic plan objective to support comprehensive affordable housing opportunities. FISCAL IMPACT: There is no immediate fiscal impact associated with issuing the ITN. Future fiscal considerations will be subject to Board approval and are anticipated to prioritize minimal or no direct County general fund subsidy, with preference given to proposals that are financially self-sustaining and leverage external funding sources. GROWTH MANAGEMENT IMPACT: Utilizing County-owned land for housing that is affordable directly advances the Goals, Objectives, and Policies of the Housing Element of the Collier County Growth Management Plan. LEGAL CONSIDERATIONS: This item has been reviewed and approved for form and legality. A majority vote is 4/28/2026 Item # 16.A.11 ID# 2026-827 required for Board approval. -CLD RECOMMENDATION(S): To authorize staff to issue an Invitation to Negotiate (ITN) for the development of housing that is affordable on the County-owned Port of the Islands property. PREPARED BY: Cormac Giblin Division Director, Housing Policy & Economic Development ATTACHMENTS: 1. Folio ID 01058950800_12323 Union Rd -Aerial Location Collier County Property Appraiser Disclaimer: The Collier County Property Appraiser provides all information and services "as is" without warranties of any kind. No guarantees are made regarding accuracy, completeness, functionality, or uninterrupted access. All content is subject to change without notice, and users assume all risks associated with its use. For the full disclaimer, please visit www.collierappraiser.com. ID: 01058920500 COLLIER CNTY 12323 UNION RD Build# / Unit#: 007 / 0 3/30/26, 3:35 PM Collier County Property Appraiser Maps https://maps.collierappraiser.com/map.aspx 1/1