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GOAL 11: King’s Landing Development

GOAL 11: King’s Landing Development: Site Plan and Preparation

Key Issues

 Site Plan 1. DECISION: Site Plan Approval Complete 2. DECISION: Land Conveyance Complete 3. Initiate site preparation work 2023

Responsibility: City Manager

June 2022 Update

On February 7, 2022, the City Commission approved the site plan and all necessary development review applications for King’s Landing. On March 8, 2022, the FPRA Board passed a resolution to convey the eleven parcels to Audubon Development and the FPRA executed the warranty deed transferring the parcels to Audubon Development. Audubon Development is responsible for meeting all benchmarks and deadlines as outlined in the amended and restated agreement that was executed on February 8, 2022. Audubon will begin the subsurface debris removal process with a contribution from the FPRA once DEP approval is obtained.

Audubon must meet the following deadlines for Phase I as outlined in the agreement:

Closing date: April 7, 2022 (date deed recorded in OR Book 4804, Page 2930) Deadline to submit application for building permit: August 22, 2022 (8/21/22 is a Sunday) Commence construction of Phase 1: February 17, 2023. Complete construction of Phase 1: July 7, 2025. (7/5/25 is a Saturday)

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