Approve award of RFP 24-044 for the Avenue D Model Block Project to Pinnacle Communities and authorize staff to enter into negotiations.

In April 2023, the City of Fort Pierce, Fort Pierce Redevelopment Agency (FPRA), and St. Lucie County entered into an interlocal agreement to collaboratively develop the Avenue D Model Block. This agreement defines the responsibilities and processes involved in the redevelopment of the property located at Avenue D and 7th Street, which includes parcels owned by the City of Fort Pierce, FPRA, and St. Lucie County. The project's vision is detailed in the 2020 FPRA Redevelopment Plan, which identifies this site as a model block, proposing a mixed-use redevelopment that includes apartment housing and commercial spaces.

St. Lucie County led the solicitation process, beginning with a Request for Letters of Interest, which was followed by a formal Request for Proposals. Two firms submitted proposals: Pinnacle Communities and HORUS Academy. An evaluation committee, comprised of staff members from both City of Fort Pierce and St. Lucie County, conducted a review of the proposals including presentations.

Evaluation results:
Pinnacle Communities: 388 points (Ranked 1st)
HORUS Academy: 355 points (Ranked 2nd)

Pinnacle Communities’ proposal outlines a total of 157 residential units to be developed in two phases, offering 85 units of affordable rental housing for families, and 72 units of affordable rental housing for seniors. Additionally, the proposal includes four live work units facing 7th Street.
 

Award the RFP to Pinnacle Communities and authorize staff to enter into negotiations to finalize the terms and scope of the partnership for the Avenue D Model Block Project.

Staff will proceed as directed by the FPRA Board.

Shyanne Harnage, CRA Administrator

Kev Freeman, Planning Director
Mayte Santamaria, SLC Deputy County Administrator
Jennifer Hance, SLC Community Services Director