With just a few minutes to go in the most recent Tallahassee City Commission meeting, Mayor John Dailey asked fellow commissioners if they were interested in bidding on the Northwood Mall property.
The commissioners said yes and a week later the City of Tallahassee owns the 35 acre property.
The auction for the property, which cost $25,000 to enter, began on Monday (April 15th) with a minimum bid of $2 million and ended on the following Wednesday.
The bidding reached $3 million on Tuesday and finished on Wednesday with the City of Tallahassee’s $6.8 million bid. The identity of the bidders was confidential.
Mayor Dailey took to twitter to announce the purchase:
This is a really exciting day. Just a couple of moments ago we signed the paperwork to purchase the Northwood Centre. We purchased 33 acres and five out parcels. Really the only land that large available in basically downtown Tallahassee.
This is the transformational change I have been talking about for a long time. Your city commission is dedicated to moving this community forward. This is the first big opportunity we’ve had in the five months that we’ve served. We are ready to rock and roll. This is an exciting day. I am proud to be a part of this city.
The city commission will discuss next steps for the property at its next meeting on April 24.