The development of this parcel is expected to catalyze redevelopment, beautify, and provide businesses within the Longleaf Business Park. The proposed project should be commercial/industrial to enhance the business park. The City of Lake Wales CRA has identified goals it is targeting through the redevelopment process for the subject property. These goals will provide a general framework for evaluating proposals. The following are expressed goals of the CRA (presented in no particular order): • Redevelop property for commercial or industrial use. • Enhance tax base • Pursue smart growth development pattern • Pursue development consistent with realistic market opportunities • Create development opportunities that are attractive to conventional and/or innovative developers • Support a reasonable and identifiable path to redevelopment of subject site in the next 2 to 4 years • Keep process transparent to avoid the appearance of special interest conflicts • Seek high standards and best utilization of public assets • Respect and involve local stakeholder interests in design, construction, investing and utilization of site • Build a relationship with the City and the CRA, which will extend beyond the current proposed project.
