News & Notices

Invitation to Negotiate University of Florida, Reitz Union Retail

The University of Florida is seeking a Tenant for Commercial Retail or Office use. Uses include but are not limited to:

Phone/IT repair, eye/sunglass shop, nail salon, photography store, arts and crafts store, skincare/body waxing service, screen printing shop, tanning salon, travel agency, moped repair shop, car rental service, vitamin shop, boutique clothing/accessory store, etc.

Stated Excluded uses: Food related users, bookstore/gator apparel, gambling, alcohol, and banking.

Occupancy is desired by July 1, 2024
Landlord requires interested parties to tour the space on March 7, 2024 at 9:30 AM. Any party submitting a proposal to this ITN must attend this meeting in person or have a qualified representative attend on its behalf.

Proposals will be due on April 19th, 2024 at 5:00 PM

All responses to this Invitation to Negotiate should include the following information:

Name of the Tenant being proposed for occupancy
Tenant’s proposed use for the space
Date of occupancy
Proposed term of the sublease. Landlord’s preference is for an initial five (5) year term
Proposed Base Rate with NNN Lease Structure
Utilities shall be separately metered for the suite and shall be paid directly by Tenant
Annual Base Rent Escalations: (IE – 5% annually)
Description of Tenant planned space improvements and alterations to the suite
Space will be subleased “as-is” to Tenant. All improvements shall be at the sole cost of Tenant
Estimated Tenant hours of operation
Required Financial Information: Audited financial statements and past 3 year tax return for the Tenant. (Summary pages are permissible initially.) Willingness to personally guarantee the sublease. (Please see Section D – Tenant Application)

Provide business history, years of existence, number of locations, general financial information, etc. (Please see Section D – Tenant Application)

Tenant Broker shall be compensated by Tenant pursuant to a separate agreement

Proposed Security Deposit (e.g. – First and last month’s rent) University of Florida’s determination of security deposit shall be based on Tenant’s financial strength and creditworthiness

Click here or on the title above for further information.

Notice of Joint Meeting of University of Florida Development Corporation and Innovation Square, LLC Board of Directors

The Board of Directors of the University of Florida Development Corporation and Innovation Square, LLC will hold a joint meeting on Friday, February 16, 2024, at 10:30 a.m. at 747 SW 2nd Avenue, Suite 140, Gainesville, FL 32601. Copies of the agenda for the meeting may be obtained by contacting Courtney Brown by phone at 352-392-1358, or by e-mail at brown.j@ufl.edu. Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations in order to participate in this public meeting is asked to advise the University of Florida at least 48 hours before the meeting by contacting Ms. Brown at 352-392-1358. If you are hearing or speech impaired, please contact the University by calling (FRS) 1-800-955-8771 (TDD).

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Development Projects

Santa Fe College – Blount Hall

April 12, 2023 – Last weekend marked the first anniversary of the opening of Blount Hall in downtown Gainesville. Home to Santa Fe College’s Business and Information Technology Education (ITE) programs, Blount Hall also has a larger space dedicated to incubating businesses through the Center for Innovation and Economic Development (CIED).

The college, with help from federal and state funding, as well as private donors and of course the Blount Family, designed the building to create more opportunities for interaction between degree-seeking students and business entrepreneurs.

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INNOVATION SQUARE

The UF Innovation Square development is the foundation for the collaboration between research and high-tech businesses, supporting the University of Florida and the greater Gainesville, Florida area. As one of the closest urban research communities in the country to its associated university, Innovation Square sits just two short blocks from the heart of the UF campus.

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800 SECOND

With sophisticated architecture and advanced systems, 800 Second will feature a diverse offering of offices, meeting rooms, and dining spaces strategically located within close proximity to campus and across 2nd Avenue from the University’s technology and commercialization center.

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PROGRESS PARK

Progress Park is anchored by UF’s award winning Sid Martin Biotechnology Incubator. Located 5 minutes from I-75 in the City of Alachua, this private park has easy access to the University of Florida in Gainesville and the Gainesville Regional Airport. The University of Florida Foundation owns 450 acres of prime, developable land adjacent to and near Progress Park.

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INGENUITY

Located in Innovation Square, the Ingenuity building offers conference rooms, open work spaces, and private offices to companies looking for modern and varied office space in the business, technology, and research core of Gainesville.

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