Panama City Market Center

Posted by City of Panama City, FL

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Development Site

Development Opportunity

Size

19.24 acres

Ownership

Privately Owned

Availability

For Sale Ground Lease
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Site Description

This is a 17 to 19 acre vacant parcel, adjacent to the Sam's Club on 23rd Street which is owned by K and G Associates. One parcel contains additional parking for Sam's Club but could serve as shared parking for a new development. The site is located on the southeastern corner of Frankford Avenue and 23rd Street (with traffic counts of 31,000 per day). It is our understanding that the wetlands permits have been maintained throughout the years and that several of the wetlands areas on the site can be mitigated.

Documents

    No documents available at this time.

General/Comprehensive Plan Designation

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Master Plan/Specific Plan

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Zoning Designation

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Height Limits

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Floor to Area Ratio (FAR)

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Dwelling Units per Acre

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Parking Requirement

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Other Requirement

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Fast Track Approval

The City's Technical Review Committee could turn around the plan's review in 30 days, provided the plans have been engineered to the City's Land Development Code.

Political Support

Although none of the City Commissioners or Mayor have officially endorsed this proposed project, they are pro-business. Because the property is zoned for retail shopping centers, there should be political support for this type project.

Other Incentives

The City would be favorable to rebating it's 1% Merchant License Fee (in arrears) to a developer to consider constructing a center on the property.

Reduced Fees

The City will waive it's plans review fees for the developer on this site.

Costs

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Fee Schedule

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Public Investments

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Private Investment

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Local Development Trends & Market Indicators

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Frankford Ave, Panama City, FL 32405

2.35 acres (102272.43 sqft)
Owner
K & G ASSOCIATES
C/O TKG MGT, 211 NORTH STADIUN BLVD, COLUMBIA MO 65203
Details
APN: 13784-194-000
For Sale
Ground Lease
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Frankford Ave, Panama City, FL 32405

2.83 acres (123071.04 sqft)
Owner
K & G ASSOCIATES
C/O THE KROENKE GROUP, 211 NORTH STADIUM BLVD, COLUMBIA MO 65203
Details
APN: 13784-200-000
For Sale
Ground Lease
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23 Rd W St, Panama City, FL 32405

1.83 acres (79757.99 sqft)
Owner
K & G ASSOCIATES
211 NORTH STADIUM BLVD, SUITE 201, COLUMBIA MO 65203
Details
APN: 13784-204-000
For Sale
Ground Lease
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23 Rd W St, Panama City, FL 32405

5.23 acres (227636.53 sqft)
Owner
K & G ASSOCIATES
C/O TKG MGT, 211 NORTH STADIUM BLVD, COLUMBIA MO 65203
Details
APN: 13784-192-000
For Sale
Ground Lease
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1805 23 Rd W St, Panama City, FL 32405

0.9 acres (39072.08 sqft)
Owner
DAVID COSTA ENTERPRISES INC
#11768, 4300 LEGENDARY DR STE 220, DESTIN FL 32541
Details
APN: 13784-191-000
For Sale
Ground Lease
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23 Rd W St, Panama City, FL 32405

1.35 acres (58717.58 sqft)
Owner
K & G ASSOCIATES
211 NORTH STADIUM BLVD, SUITE 201, COLUMBIA MO 65203
Details
APN: 13784-196-000
For Sale
Ground Lease
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23 Rd W St, Panama City, FL 32405

3.46 acres (150927.47 sqft)
Owner
K & G ASSOCIATES
C/O TKG MGT, 211 NORTH STADIUM BLVD, COLUMBIA MO 65203
Details
APN: 13784-198-000
For Sale
Ground Lease
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2015 23 Rd W St, Panama City, FL 32405

1.3 acres (56506.34 sqft)
Owner
K & G ASSOCIATES
C/O THE KROENKE GROUP, 211 NORTH STADIUM BLVD, COLUMBIA MO 65203
Details
APN: 13784-190-000
For Sale
Ground Lease

Contact Mike Lane

Mike, from City of Panama City, FL, has more details.

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Created on August 3rd, 2016 (last updated about 1 year ago)