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

In keeping with the 2020 FPRA Plan, the agency will strive to re-set the economic base and restore neighborhoods within the FPRA boundary through the Development of the Avenue D Model Block initiative. The City, FPRA and St. Lucie County agree to work together to establish affordable housing and economic opportunities through the Avenue D Model Block project. The initiative seeks to improve the quality of life of existing residents around the Avenue D corridor while also inviting economic opportunities and community programs.
 
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 to execute the Interlocal Agreement with St. Lucie County for the Development of the Avenue D Model Block.
 

Staff shall proceed as directed by the FPRA Board.