Port St. Lucie Redevelopment Plans Take “A Huge Leap Forward”
Port St. Lucie has finalized the purchase of 22 parcels of land for what officials describe as “a huge leap forward” for plans to redevelop the area.
Mayor Shannon Martin called it a “significant milestone” and City Manager Russ Blackburn said it’s “a huge leap forward” in their effort to re-develop the eastern side of Port St. Lucie.
The properties are in a designated redevelopment area. Taking ownership of the parcels gives the City control over how they are developed.
“This acquisition gives the City an opportunity to create a new plan to carry out our community’s vision,” said Mayor Martin in a news release Thursday announcing the purchase. Blackburn said the city center project “has been at the heart of Port St. Lucie’s vision for the redevelopment of its eastern side for nearly two decades.”
The properties have a long and complicated history. Officials credit their “coordinated” and “multi-agency” effort which enabled them to finally take ownership after settling outstanding taxes with several taxing authorities and negotiating all the certificates associated with the properties.
The City Council voted to authorize the purchase agreement with the Securities and Exchange Commission (SEC) Receiver.
With the acquisition now finalized, the City will partner with Treasure Coast Regional Planning Council to initiate a master planning process that will help determine the best uses and how to place the parcels on the market for individual sales.
Officials say that planning process will include significant input from residents and community members who are encouraged to sign up for email notifications about the project at www.cityofpsl.com/citycenter.
The website also has a detailed FAQ section that can answer questions about the project’s history and events that lead to the City’s acquisition of this property.