More than a decade after envisioning and creating CollegeTown, a mixed-use commercial and residential district that revitalized a central corridor next to the Florida State University campus, Seminole Boosters Inc. (SBI) is looking to sell off a major portion of the development.
According to an Invitation To Negotiate (ITN), which was posted on the Seminole Boosters’ official website, the segment going on the market is 58,100 square feet of retail, restaurant and commercial space. The Boosters are not currently selling the high-end apartment buildings or other structures that are part of the area.
“For the avoidance of doubt, the Property does not include any parking garages, parking structures, parking facilities, or residential apartment units located within or serving the CollegeTown District, all of which shall remain under separate ownership and are not included as part of this offering,” the ITN states.…