PORT ST. LUCIE – The City Council unanimously approved the $4.3 million purchase of the St. Lucie County annex building on Southeast Walton Road during its Aug. 11 meeting.
Community Redevelopment Area Director Jennifer Davis introduced the ordinance request that afternoon that would add nearly two acres to the 46-acre mixed use redevelopment project at the southeast corner of U.S. 1 and Walton Road now known as Walton & One.
“The property is located at 1664 S.E. Walton Road and is approximately 1.76 areas,” she said. “It does provide for just under 27,000 square feet of net leasable area [and] 95 parking spaces. There were two appraisals done on the property. St. Lucie County provided an appraisal of $4.2 million, and the city did receive an additional appraisal at $5.5 million earlier this year. The agreed-upon purchase price is $4,372,695.20.”…