Approval of Interlocal Agreement with St. Lucie County for the Development of the Avenue D Model Block

As a follow-up to the Joint Meeting with St. Lucie County on March 28, 2023, the City of Fort Pierce, Fort Pierce Redevelopment Agency (FPRA), and St. Lucie County seek to enter into an Interlocal Agreement for the Avenue D Model Block Project.

The initiative strives to improve the quality of life of existing residents around the Avenue D corridor while also inviting economic opportunities and community programs. As identified in the FPRA's 2020 Redevelopment Plan, the Avenue D Model Block Project is comprised of multiple parcels of land owned separately by each of the parties and generally located at the corner of Avenue D and N. 7th St. in Fort Pierce. The specific parcels of land available will be identified in a Request for Letters of Interest (LOI). The parties desire to collaborate and solicit LOI’s for the development of the property collectively with the goals of attracting businesses, mitigating the affordable housing issue, and more effectively providing services to the community.

Staff recommends approval of the Interlocal Agreement for the Development of the Avenue D Model Block.
 

Do not accept the recommendation
Staff will make adjustments as directed
 

Marsha Commond, Redevelopment Specialist

Shyanne Harnage, Economic Development Manager
Nick Mimms, City Manager