8.C.
FPRA Regular Meeting - 4:00 p.m.
- Meeting Date:
- 01/28/2020
- Re
- First Amendment to Agreement for Development of King's Landing
- Submitted For:
- Shyanne Helms
SUBJECT:
Approval of First Amendment to Developer's Agreement for Development of King's Landing between FPRA, City of Fort Pierce and Audubon.
SUMMARY:
The Agreement for the Development of King's Landing was approved by the FPRA Board on November 12, 2019 and was ultimately executed on December 2, 2019 by the Fort Pierce City Commission. City staff is working to complete the City obligations for land development approvals as outlined on page 3 of the agreement.
The Agreement states that the city shall give its best efforts to support amending the Comprehensive Plan to change the future land use designation to Mixed Use Development (MXD). At the pre-application meeting on January 15, 2020, Planning Director Jennifer Hofmeister offered an alternative of Central Business District (CBD). As part of a comprehensive re-examination of the areas that have a Central Business District Future Land Use designation, Staff looked at existing and proposed development patterns and re-evaluated the geographical boundaries. The CBD will be expanded to encompass more lands within and adjacent to the City’s downtown core. By doing so, these newly targeted areas will be able to establish mixed use developments and single use or mixed use developments which may include ground floor office/retail beneath residential apartments, condominiums, and attached and detached housing associated with a mixed use development. The CBD is intended to provide higher densities a maximum density of 30 dwelling units per acre.
The Agreement states that the city shall give its best efforts to support amending the Comprehensive Plan to change the future land use designation to Mixed Use Development (MXD). At the pre-application meeting on January 15, 2020, Planning Director Jennifer Hofmeister offered an alternative of Central Business District (CBD). As part of a comprehensive re-examination of the areas that have a Central Business District Future Land Use designation, Staff looked at existing and proposed development patterns and re-evaluated the geographical boundaries. The CBD will be expanded to encompass more lands within and adjacent to the City’s downtown core. By doing so, these newly targeted areas will be able to establish mixed use developments and single use or mixed use developments which may include ground floor office/retail beneath residential apartments, condominiums, and attached and detached housing associated with a mixed use development. The CBD is intended to provide higher densities a maximum density of 30 dwelling units per acre.
RECOMMENDATION:
Staff recommends the approval of the First Amendment to Agreement for the Development of King's Landing.
ALTERNATIVES:
Staff will proceed as directed by the FPRA Board.
RESPONSIBLE STAFF:
Shyanne Helms, Communications + Economic Development Manager
COORDINATED WITH:
Jennifer Hofmeister, Planning Director
Peter Sweeney, City Attorney
Peter Sweeney, City Attorney
Fiscal Impact
OTHER INFORMATION:
N/A
Attachments
- First Amendment to Agreement for Development of King's Landing
- Agreement for Development of King's Landing - Executed 12.02.2019