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We aren’t anti-development, we’re pro smart growth. “It has to be something the council is happy with. “It’s a huge, huge parcel and whatever goes there will likely be there for the next 50 years,” Destin said. “People look at the property and think it must have been condemned or is in foreclosure,” Smith said.ĭestin said if the new owners want to attract anchor tenants like a Trader Joe’s or Publix they must be willing to sink a significant investment into the property’s revitalization. The decaying state of the property, Smith confirmed, is something the public questions often. Smith, who would not disclose who the prospective buyers are until the sale is finalized, said he’s been working on the sale for more than two years.
Maximum use is mixed use.”ĭestin said the property is currently owned by an investment group out of Canada. If you’re going to develop land where there is limited space, like in Destin, you want to maximize the use. “A bad fit would be another strip shopping center or plain apartments. “If I were advising the buyers, I would advise them toward mixed use,” he continued. It also seems to really anchor in the residential aspect of it because people tend to stay longer in one area if there are stores and restaurants that they. It will be really popular in Destin if it has the right mix of retail and restaurants. “It’s not a new idea, it’s how cities used to be. “A trend being used for a lot of redevelopment is mixed use,” Goetsch said. Over the last eight or nine months we’ve had our hands tied to deny other apartment complexes in the city because of the old code.”ĭavid Goetsch, a local economic specialist, said a mixed use development would be the ideal fit for the property. “The changes now gives the city council tools in our tool box to review, assess, approve or deny the plans. “These new guys that intend to build something will now have to go through a rigorous process,” Destin said. In April, amendments were made to the city’s Town Center Mixed Use Zoning District to make any future development plans for properties such as Destin Downtown a “conditional use.” Destin said the changes were to prevent the over-development of a single type of development, specifically apartment complexes.
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