The City Commission may be selling a piece of city-owned property at their meeting.
Winter Park City Commissioners will consider the sale of the city-owned property at 1111 W. Fairbanks Ave. at their meeting on Monday, March 26.
Verax Investments LLC, which plans to build a mixed-use medical and business office on the land, has offered to purchase the property for $3.5 million – higher than the land’s appraised value of $2.96 million.
The property, the former site of the Bowl America, was put up for a notice of disposal by the city, opening up a process where potential buyers can make offers.
The City Commission will also consider giving conditional use approval to Verax to construct the two-story 20,000-square-foot medical and general office building.