[a. Request for Proposals/Qualifications No. 2020-023 Redevelopment of Fisherman's Wharf - Respondent Presentations a. Office America Group (30 minutes for presentation and 15 minutes for questions) b. 15 minute break c. Shelli Associates (30 minutes for presentation and 15 minutes for questions)]

GROUP. >> THE NEXT ITEM ON THE AGENDA IS OFFICE AMERICA GROUP. THEY WILL HAVE 30 MINUTES TO PRESENT. I'LL START THE TIMER ONCE YOU

ARE READY. >> ARE YOU TIMING?

>> YES. I'M SETTING THE TIMER.

YOU'LL SEE IT THERE ON THE PODIUM.

>> OKAY. I'LL START THE TIMER.

>> OKAY. WELCOME.

>> THANK YOU VERY MUCH. MY NAME IS RICARDO HERNANDEZ, I AM THE FOUNDER AND CEO OF OFFICE AMERICA GROUP.

WE ARE HERE TO PRESENT BLUE, OUR PRESENTATION IS GOING TO BE A STRUCTURE, IN THIS WAY, WE'RE GOING TO TALK ABOUT THE PROJECT, WE'RE GOING TO TALK ABOUT WHY OUR PROJECT BLUE MARILLO, ECONOMIC FEASIBILITY OF THE PRODUCT.

PUBLIC BENEFIT. AND FUTURE PLANS.

AND THEN WE ARE OPEN TO QUESTIONS.

I'M GOING TO GIVE RIGHT NOW THE OPPORTUNITY TO OUR ARCHITECT DOMINICK. HE IS GOING TO SPEAK ABOUT THE PROJECT. THANK YOU.

[00:05:02]

>> GOOD MORNING. WE'RE EXCITED ABOUT THIS

PROJECT. >> WOULD YOU PLEASE REPEAT YOUR

NAME FOR US, PLEASE. >> DOMINICK, ARCHITECT WITH MARTIN ARCHITECTURAL GROUP. EXCITED ABOUT THIS PROJECT, GREAT LOCATION, GREAT CITY. FUTURE RESIDENT OF ST. LUCIE COUNTY. WE'RE EXCITED.

SO WE DESIGNED THIS PROJECT, LET ME SEE IF I CAN GET SOME PAGES UP. WE DESIGNED THIS PROJECT FOCUSED ON THE LANGUAGE AND THE INTENT OF YOUR COMPREHENSIVE PLAN. I READ THROUGH IT COMPLETELY.

UNDERSTOOD THE CONCEPTS. I WENT TO THE MIAMI.

I UNDERSTAND THE CONCEPT OF PLACE MAKING.

AND CREATING A SENSE OF COMMUNITY AND GATHERING AND ENERGY AROUND THE THING. IT'S NOT, WE DON'T DESIGN COMPLEXES, WE DESIGN COMMUNITIES.

SO THAT IS OUR SPECIALTY AT MARTIN ARCHITECTURE GROUP.

MY SPECIALTY AS WELL. WE APPROACHED THIS FROM THAT PERSPECTIVE. HOW DO WE MAKE THIS PARTICULAR SITE FUNCTION IN THE MOST EFFECTIVE WAY FOR PUBLIC SPACE AND FOR PUBLIC GATHERING. THE BUILDING ACTUALLY BECAME A BACKDROP, MORE THAN ANYTHING ELSE, IT BECAME THE THING TO HELP DEFINE THE PUBLIC REALM. WHEN YOU HAVE A BIG MARINA AREA LIKE THIS, HOW DO YOU DO THAT. WE DESIGNED THE BUILDING TO MAKE SURE THAT ALL OF THE 76 UNITS TO FACE THE WATER.

EVERYBODY HAS A TREMENDOUS VIEW.

ALL OF THE RETAIL FACES THE WATER, WE WANTED TO HAVE ACTIVITIES. SO WE HAVE RESTAURANTS AND SHOPS. THESE SHOPS ARE ALL SMALL RETAIL. MADE FOR LOCAL PURPOSES.

LOCAL STORES. LOCAL FISHING MARKETS.

LOCAL VEGETABLE AND FARMER'S MARKETS.

ARTISTS. JEWELERS, WHATEVER.

AND THE GOAL WAS TO AGAIN, HAVE THE RESIDENTS THERE SO THERE IS A 24/7 LIFESTYLE. WE ALSO ADDED SOME OFFICES.

AND THESE OFFICES IN FACT, WERE DESIGNED SPECIFICALLY FOR ONE OF MY CLIENTS'S PARTNERS, WHO THEY BUILD THESE PROJECTS AND THESE OFFICE FLEX SPACES ALL OVER THE FLORIDA AREA, WITH THESE PEOPLE. THESE PEOPLE ARE LINED UP, SIGNED UP, READY TO DO 10,000 SQUARE FEET OF OFFICE SPACE.

FLEXIBLE SPACE. PEOPLE CAN TAKE WHATEVER SIZE THEY WANT. MAYBE IT HELPS SERVE SOME OF THE ASPECTS OF THE INDUSTRIAL AND PORT BEHIND US.

AND SO ALL OF THAT WAS AGAIN, THINKING ABOUT HOW THIS PROJECT REACHES OUT TO HELP THE COMMUNITY AND ALSO MAKES IT VIABLE. THE MARKET HAS TO FIT THE PRODUCT. SO THE BUILDING IS DESIGNED IN A WAY TO ALLOW FOR AFFORDABLE HOUSING, FLEXIBLE USE IN THE HOUSING. WE HAVE A LARGE BOATING POPULATION. THE OTHER THING WE WANTED TO MAKE SURE WAS IN THE CITE YOU CAN THE SITE PLAN, MARINA FUNCTION IN A WAY THAT IT DOESN'T DETER, DISTRACT FROM THE PUBLIC. WE WANT TO MAKE SURE THAT WE KEEP THE PUBLIC ACTIVITY TO THE WATERFRONT.

TO US, IT WAS AN IMPORTANT THING.

PLUS YOUR RFP SPECIFICALLY DEFINED THE REALM OF WHICH WE WERE TO BE PUTTING OUR BUILDING AND WORK PERFECT FOR WHAT WE'RE TRYING TO DO. AS YOU CAN SEE IN THIS PLAN HERE, THE SITE CLEANS UP AND ADDS A LITTLE MORE LANDSCAPING AND SIDEWALK CONNECTIVITY TO THE EXISTING PROMENADE, LEADS TO VETERAN MEMORIAL PARK. WE WANTED TO ENCOURAGE THAT.

WE WANTED PEOPLE TO FEEL LIKE THEY CAN WALK UP FROM THE HISTORIC SECTION, DOWNTOWN HERE, WALK UP TO THE MARKETPLACE, LIVE BAND, AN EVENT GOING ON, OR THEY JUST WANTED TO GO FISH AND RENT A KAYAK.

YOU CAN SEE THE PUBLIC SPACE WRAPS AND GETS LARGER IN THE CREASE OF OUR BUILDING, THE BUILDING CREATES THE V.

THAT PUBLIC AREA HAS AN INTERACTIVE FOUNTAIN, WHERE KIDS CAN PLAY. TURN THE FOUNTAIN OFF.

SET IT UP FOR BANDS, JAZZ BANDS OUT THERE, WHATEVER WE WANTED TO DO, TO CREATE AN ATMOSPHERE OF ACTIVITY AND FUN.

WE COULD HAVE ART FESTIVALS, TENTS COULD BE SET UP ALONG THE ACTUAL DOCKAGE, THE DOCKAGE, AS YOU'LL SEE IN RENDERINGS IS LOWER, OBVIOUSLY IT FOLLOWS THE TIDE.

THE PROMENADE IS UP AT THE SEA BULKHEAD HEIGHT.

WE CAN HAVE DIFFERENT KINDS OF EVENTS.

WHAT IS COOL ABOUT THE BUILDING THAT WE FOCUSED ON IS THE -- LET'S GET TO THE FIRST FLOOR, HERE.

[00:10:04]

IS THAT THE RETAIL SPACE, YOU CAN SEE IT THERE, NUMBER 2 ON THE MAP. THE RETAIL SPACE ARE ALL RELATIVELY SHORT KIND OF SMALL, ALMOST BAZAAR TYPE.

WE EXPECT SMALL VENDORS TO BE ABLE TO OPEN UP THE DOORS.

THE WAY THEY DESIGNED THE ELEVATION, ALL OF THE STOREFRONTS ARE AWNING GARAGE DOORS, THE WHOLE DOOR OPENS UP.

AND CREATES AN AWNING. WHEN THE MARKET OPENS, THE DOORS OPEN, THE MARKET SPILLS OUT INTO THE PROMENADE.

PEOPLE ARE ENJOYING, VENDORS GOING ON AND THINGS HAPPENING.

WE ANCHORED THE BUILDING WITH TWO RESTAURANTS.

ONE ON THE SOUTH END HERE, IS TWO-STORY RESTAURANTS.

FINE DINING, EVENT DINING ON THE UPPER FLOOR AND THEN THE DAY TO DAY KIND OF RESTAURANT ACTIVITIES AT THE GROUND LEVEL, SPILL OUT INTO THE PROMENADE. OUTDOOR DINING, OUTDOOR EXPERIENCE. BOTH RESTAURANTS ARE SMALL, NOT BIG CHAIN RESTAURANTS. SUPPOSED TO BE BOUTIQUE TYPE LOCAL RESTAURANTS. NONE OF THIS IS DESIGNED FOR LARGE INSTITUTIONAL KIND OF RETAIL OR RESTAURANT USE.

ALL DESIGNED AROUND COMMUNITY, LOCAL AND I THINK AROUND THE KIND OF THE SPIRIT OF WHAT I THINK FT. PIERCE IS ABOUT.

WE ALSO ADDED FLEX OFFICE, OVERLOOKING THE WATERFRONT.

WE PUT RESIDENTIAL AS WELL ON THE SECOND FLOOR.

THE THIRD AND FOURTH FLOORS ARE ALL RESIDENTIAL.

THE NORTH TOWER FIVE STORIES. THE FOUR STORY OF THE BUILDING IS ON THE PORTION OF THE PROPERTY.

OPPORTUNITY TO DO ROOFTOP POOL AND TERRACE, TO KIND OF GIVE A PRIVATE GATHERING SPACE FOR THE RESIDENTS OF OUR BUILDING.

THIS IS AN EXAMPLE OF ONE OF THOSE UNITS.

SO THE UNITS ARE DESIGNED AS TWO-BEDROOM OR ONE BEDROOM WITH A STUDIO LOCK-OUT. SO THE ONE-BEDROOM STUDIO COULD BE RENTED. IF THERE WAS AN OPPORTUNITY FOR THAT TENANT OR THE LANDLORD TO NEED TO FILL A SPACE OR TAKE ADVANTAGE OF THE MARKET DURING SEASON.

THE ELEVATIONS ARE WHAT I CALL CARIBBEAN MODERN.

IT'S A STYLE OF ARCHITECTURE THAT OBVIOUSLY IS CONTEMPORARY.

BUT IT PICKS AND DRAWS KIND OF WEST AND EAST CARIBBEAN STYLE PORCHES AND BRACKETS. SO IT HAS THAT KIND OF TROPICAL FEEL. GIVES GOOD SHADES TO THE RESIDENTS THAT LIVE IN THE UNITS, COME OUT ON THE BALCONIES. YOU CAN SEE THE STOREFRONTS THERE. THE GARAGE DOORS THAT OPEN RIGHT UP. PEOPLE CAN HAVE SIGNAGE OVER THEIR DOORWAYS. REALLY TRY TO MAKE IT AN ENGAGING FIRST FLOOR LEVEL. UNIQUE THING ABOUT THIS OBVIOUSLY IS THE TOWER. THE TOWER ACTS AS A FOCAL POINT AND BEACON, NOT ONLY FROM THE WATERWAY, THE RIVER, SO PEOPLE CAN SEE IT FROM QUITE A DISTANCE, FROM THE SEAWAY BRIDGE AND OTHER KIND OF PEDESTRIAN LEVELS.

SO IT'S A PUBLIC TOWER. IT'S A PUBLIC ACCESS OBSERVATION TOWER, TO HELP DRAW PEOPLE TO THE SITE.

WALK ALL THE WAY TO THE TOP, GET A 360-DEGREE VIEW OF FT.

PIERCE, THE RIVER, MARINAS. AT THE GROUND LEVEL, IT'S SET UP TO BE HOPEFULLY A FUTURE WATERTAXI, FURTHER CONNECTING FT. PIERCE TO THE OTHER CITIES AND TOWNS AND INVITE VISITORS TO COME HERE. THOSE ARE THE KEY FOCAL POINTS OF THE DESIGN, HOW THE MASTER PLAN WAS SET UP.

WE WANTED TO AGAIN, MAKE A PLACE THAT IS PUBLIC, THAT IS INVITING, THAT ENERGIZES THE TOURISTS AND THE LOCALS, THAT IS ADDRESSING THE WATERFRONT COMMUNITY, THE FISHING COMMUNITY, RECREATIONAL ACTIVITIES, BUT NOT BLOCK AND IMPEDE ANYBODY FROM GETTING TO THE WATERFRONT.

AND DEFINITELY WANTED TO PRESERVE THE PUBLIC RAMPS.

SO THE NEXT PIECE OF THE PROPOSAL IS DEALING WITH KIND OF THE FINANCING PIECES. RENALDO WILL PRESENT THAT PIECE. THANK YOU.

>> GOOD MORNING. I'M HERE WITH OFFICE AMERICA

[00:15:05]

GROUP, DEVELOPER. >> YOUR LAST NAME.

>> RAMONE. >> DID YOU GET THAT?

>> WE FOCUS THE ENTIRE DESIGNING IN FOUR PILLARS.

WE UNDERSTAND THE IMPORTANCE TO BUILD A PROJECT THAT FOCUS ON COMMUNITY USES. SO ALL OF THE SPACES EVEN THOUGH THEY ARE DIFFERENT USES, WE CONNECT EACH OTHER, SO THE EXPERIENCE FOR THE PUBLIC CAN BE ACCESSED.

SO WE WANTED TO IMPROVE THE CONNECTIVITY.

I MEAN, WITH THIS PROJECT, WE CONNECT ALL OF THE PATHS.

WHEN THE MEMORIAL PARK, THAT IT IS NEXT DOOR AFTER THE BRIDGE, WE KNOW THAT THERE IS A PATH THAT CAN COMMUNICATE THROUGH LIKE A JOGGING PATH AND THAT PEOPLE FROM DOWNTOWN CAN COME TO OUR PROJECT BY WALKING OR JOGGING.

WE TAKE THAT INTO CONSIDERATIONS.

AND FORWARD THINKING ARCHITECTURE, WE SAW THE IMAGES OF THE PROJECT. WE WANTED TO INCLUDE THE WOW FACTOR INTO FT. PIERCE. WE UNDERSTAND THIS IS LIKE A DIFFERENT TYPE OF ARCHITECTURE DESIGN.

BUT WE KNEW NEXT DOOR WE HAVE THE INDUSTRIAL AREA.

OTHER WE HAVE AN HISTORIC ARCHITECTURE STYLE WORK.

WE WANTED TO MERGE THOSE. AND WE COME UP WITH THE FORWARD-THINKING ARCHITECTURE IDEA.

THE OTHER THING IS THAT IT WILL HELP TO FOSTER INNOVATION.

WE HAVE A PLACE WHERE WE HAVE THE FLEXIBLE SPACES WHERE PEOPLE CAN WORK AND LIVE AND HAVE A DIFFERENT TYPE OF ATMOSPHERE. THIS IS SOMETHING THAT WILL GIVE RISE TO GREATER CONNECTION AND FOSTER THAT TYPE OF CONNECTIONS. SO THIS, WHILE THIS IS A FACT, WE ALL KNOW THAT COVID CHANGES THE WAY WE LIVE AND THE WAY WE WORK. THIS IS ACTUALLY A RESEARCH FROM GARDNER SERVICE, THIS COMPANY THAT THEY ARE LEADERS IN DOING SERVICE AND THEY INTERVIEW THE LEADERS OF THE HUMAN RESOURCES COMPANY IN THE U.S.

AND 90 PERCENT OF ALL OF THE HUMAN RESOURCES COMPANY TELL THEM THAT THEY WILL ALLOW REMOTE WORK.

SO REMOTE WORK IS GOING TO LAST AFTER COVID, FOREVER.

SO THAT IS WHY WE BELIEVE THAT THE REMOTE WORK LIFESTYLE IS SOMETHING THAT THIS PROJECT WILL FOSTER.

TO HAVE THE ABILITY TO COME TO A PLACE WHERE YOU CAN SPEND 6 MONTHS IN A YEAR AND HAVE YOUR APARTMENT AND YOU HAVE AN OFFICE, DOWNSTAIRS AND YOU CAN CONNECT AND YOU ARE ABLE TO LIVE WITH THAT, IT IS SOMETHING THAT WE ARE GOING TO MARKET TO.

SO IN THAT SENSE, THE WORKS, THIS IS A COMPANY THAT WORK -- IS ONE WE PROVIDED THE LETTER OF INTENT.

UNDERSTAND THAT THERE WERE SOME CONCERNS IN THE LAST MEETING ABOUT THE OFFICE SPACE. BUT WITH THE WORK WE HAVE WORK IN THE PAST, THIS IS ACTUALLY A PROJECT THAT WE DID IN ORLANDO.

THE SECOND FLOOR OF THIS BUILDING, IT WAS ACTUALLY, IT IS 10,400 SQUARE FOOT THAT WE RENTED OUT TO THE WORKS AND THEY CREATED THESE SPACES. THIS IS TALKING ABOUT THE PROJECT IN THE WORKS OFFICES. IT'S A SIMILAR SPACE AREA.

AND WE ARE DISCUSSING ABOUT, BECAUSE THE WORKS WANT TO EXPAND IN FLORIDA AND THIS IS AN ATTRACTIVE LOCATION.

SO YES. WE ARE A PET FRIENDLY DEVELOPERS. AND THAT IS WHY THIS IS SOME PICTURES OF THE INSIDE OF THE PROJECT.

THIS PICTURE, IT REFERS TO YOU KNOW, WHAT WE ENVISION TO BE THE LIFESTYLE AND THE ATMOSPHERE IN THE AREA.

SO IN THE TOP LEFT, WE HAVE THE ROOFTOP, WHERE ONE OF THE RESTAURANTS WILL BE BENEFIT FROM HAVING THIS TYPE OF AMENITY. AND YOU KNOW, PEOPLE CAN SPEND AND HAVE LUNCH, BREAKFAST, EVERYTHING.

THEN WE SEE WHAT DOMINICK WAS DESCRIBING, THE COMMERCIAL AREA THAT WAS IN THE GROUND FLOOR, SMALL LOCAL BUSINESS TO GATHER AND TO SHOWCASE PRODUCT AND FARMER'S MARKET, LIVE MUSIC AND THIS IS ACTUALLY WHAT WE WANT TO, WHAT WE ENVISION TO BE IN THIS. SO THAT IS WHY WE BELIEVE THAT IT WILL CREATE A COMMUNITY THAT INSPIRES PEOPLE TO LIVE AND WORK A MORE INTENTIONAL LIFE. SO YES.

[00:20:03]

SO LET'S TALK ABOUT THE NUMBERS WITH RICARDO.

>> LET'S TALK ABOUT THE NUMBERS OVER HERE.

OUR PROJECT IS GOING TO BE A $23.4 MILLION TOTAL INVESTMENT.

WE ARE GOING TO HAVE OUR CAPITAL CHARGE IS GOING TO BE 500 MILLION UPFRONT EQUITY THAT WE'RE READY TO INVEST RIGHT NOW, AS SOON AS YOU APPROVE US AS A DEVELOPER.

WE ARE GOING TO INVEST THIS MONEY.

THEN WE'RE GOING TO HAVE THE LAND ACQUISITION THAT IS GOING TO BE ALSO WITH EQUITY. WE ARE PROPOSING A TWO MILLION ACQUISITION FOR THIS PROJECT. THEN WE HAVE ADDITIONAL EQUITY TO PAY SUNK COSTS. AND THEN CONSTRUCTION FINANCING, WE'RE GOING TO PUT ALL OF THE EQUITY UP FRONT AND THEN WE'RE GOING TO GO TO THE LENDERS FOR CONSTRUCTION.

IT'S GOING TO BE APPROXIMATELY $17.6 MILLION, TOTAL $2 $23.4 MILLION.

WE'RE GOING TO BUY THE LAND, WE'RE PROPOSING TO BUY THE LAND AT TWO MILLION DOLLARS, AS I TOLD BEFORE.

HARD COSTS, 16.7. SOFT COSTS, 4.

TOTAL OF 23. ACQUISITION TERMS WERE INCLUDED IN OUR PROPOSAL. WE ARE PROPOSING A TWO MILLION DOLLARS ACQUISITION, WE'RE ASKING FOR 90-DAY DUE DILIGENCE IN ORDER TO DO ALL OF THE REPORTS THAT WE NEED, WE NEED TO DO ENVIRONMENTAL, AND WE'RE GOING TO DO AN APPRAISAL AS WELL ON THE LAND. AND THEN WE'RE ASKING 60 DAYS AFTER GETTING BUILDING PERMITS APPROVALS, 60 DAYS TO CLOSE ON THE LAND AND THEN WE'RE GOING TO CLOSE AS WELL OUR CONSTRUCTION FINANCING AT THAT MOMENT.

BUT AS I TOLD YOU BEFORE, ALL OF THE EQUITY IS GOING TO BE PUT UP FRONT. IT'S WHY WE'RE SAYING HERE THERE IS CASH, CASH OFFER, NO FINANCING FOR THAT ACQUISITION OF THE PROPERTY. THE PROJECT IS SCALEABLE.

AND WE ARE ESTIMATING TO DELIVER THIS PROJECT IN 2024.

IF WE ARE HERE IN MARCH, IF IT'S APPROVED TODAY, WE ARE GOING TO BE SUBMITTING A SITE PLAN APPROVAL WITHIN 3 MONTHS OF THE APPROVAL FROM SIGNING THE CONTRACT WITH YOU GUYS.

AND THEN AFTER GETTING APPROVALS, WE'RE ESTIMATING ANOTHER SIX TO NINE MONTHS TO GET BUILDING PERMITS.

SO WE'RE TALKING ABOUT JUNE NEXT YEAR, THAT WE'RE GOING TO HAVE THE BUILDING PERMITS APPROVED.

THAT IS GOING TO BE THE TIME OF CLOSING, IN THE WAY THAT WE'RE PROPOSING THE STRUCTURE OVER HERE.

AND THEN WE'RE GOING TO START CONSTRUCTION WITH AN ESTIMATED COMPLETION OF FEBRUARY 2024. YOU HAVE IT IN THE LAST LINE OVER THERE. WE'RE GOING TO TALK ABOUT PUBLIC BENEFIT THAT WE'RE PROPOSING TO THIS PROJECT.

AS DOMINICK TOLD BEFORE, WE READY THE COMMUNITY REDEVELOPMENT PLAN EXTENSIVELY, IN DETAIL AND WE WANTED TO PRESENT THIS PART OVER HERE, IN PAGE 229 OF THE STUDY, THAT WE CONSIDER EVERYTHING THAT WAS RECOMMENDED, WE CONSIDER OFFICE, RESIDENTIAL, RESTAURANT, AND WE ALSO CONSIDER TO BE A PUBLIC PROPERTY.

SO ALL OF THE SPACES CAN BE, PEOPLE CAN VISIT THE PROPERTY AND THE ENTIRE FIRST FLOOR IS GOING TO BE OPEN TO THE PUBLIC AND ALSO WE'RE GOING TO HAVE THE WATER AXIS THAT IS GOING TO BE OPEN TO THE PUBLIC. WE INTEND TO PARTNER WITH LOCAL ENTITIES IN ORDER TO DEVELOP THIS PROJECT AND IN ORDER TO PUT THIS PROJECT TO RUN OVER HERE.

ALSO, YOU KNOW, OUR PROJECT IS GOING TO CREATE JOBS GO AHEAD WE'RE GOING TO HIRE LOCAL PEOPLE TO WORK IN OUR PROJECT AND WE'RE GOING TO PROMOTE AREAS TO PUBLIC EVENTS, IN ORDER TO INCREASE THE NUMBER OF VISITORS AND RESIDENTS TO THE AREA. LET'S TALK A LITTLE BIT ABOUT FUTURE PLANS, BECAUSE I THINK THIS POINT WAS MENTIONED LAST TIME. OUR PROJECT WAS BASED ON THE PROPERTY THAT WAS PROVIDED TO US THROUGH THE RFP.

HOWEVER, WE ARE AWARE THAT WE HAVE SOME PROPERTIES AROUND OUR PROJECT AND THAT WE CAN IN THE FUTURE GET IN ORDER TO EXPAND OUR PROJECT. BUT WE DIDN'T CONSIDER THAT AT THE BEGINNING, BECAUSE WE FOCUS ON THE PROPERTY THAT WAS PROVIDED AND WE DID A PROJECT THAT IS GOING TO WORK WITH OR WITHOUT ADDITIONAL PROPERTIES THAT WE HAVE AROUND US.

HOWEVER, WE'RE GOING TO PRESENT OUR VISION FOR IF WE ARE ABLE TO GET THE PROPERTIES THAT ARE AROUND US.

[00:25:02]

SO WE HAVE HERE A MAP THAT SHOWS THE DIFFERENT OWNERS, THAT IS AROUND OUR PROPERTY. WE HAVE THE (INAUDIBLE) IN THE EAST SIDE OF THE PROPERTY. IT'S A VERY GOOD PIECE OF PROPERTY. YOU KNOW, WE ARE ABLE TO PARTNER WITH THEM, GET THE PIECE OF PROPERTY, WE'RE GOING TO EXPAND THE PROJECT TO THAT AREA.

HOWEVER, IF WE CANNOT GET IT, OR IF THEY ARE NOT WILLING TO SELL IT OR PARTNER, WE CAN DO THE PROJECT THAT WE'RE PROPOSING WITHOUT ANY PROBLEMS. THEN WE HAVE IN THE BACK, TWO PRIVATE PROPERTIES, ALSO IF WE CAN GET IT, WE'RE GOING TO SHOW WHAT IS OUR INTENTION TO DEVELOP OVER THERE.

WE ARE OPEN TO PARTNER WITH THEM AS WELL.

IF THEY ARE OPEN TO PARTNER WITH US.

AND THEN WE HAVE A ST. LUCIE COUNTY AREA THAT IS IN THE BACK. ALSO, I IMAGINE IT TAKES SOME STEPS IN ORDER TO GET THOSE PROPERTIES FROM THE COUNTY, IT'S NOT, YOU KNOW, A STRAIGHTFORWARD ACQUISITION OR A STRAIGHTFORWARD PARTNERSHIP WITH THE COUNTY.

BUT WE ARE WILLING TO, WE ARE OPEN TO GET INTO NEGOTIATIONS WITH THEM TO SEE IF THERE IS YOU KNOW, A POSSIBILITY TO GET THAT AREA IN THE BACK OF THE PROPERTY.

OUR VISION FOR THAT AREA IS KEEPING YOU KNOW, OUR PROJECT IS NOT GOING TO CHANGE, BECAUSE I TOLD YOU THAT THIS PROJECT WORKS WITH OR WITHOUT THE ADDITIONAL LAND IN THE BACK OR IN THE FRONT, SORRY. BUT OUR VISION FOR THE AREA IN THE BACK IS TO PUT DRY STORAGE MARINA BEHIND THE BUILDING THAT WE ARE DESIGNING OVER THERE. SO IT'S NOT GOING TO BE AS HIGH AS THE BUILDING THAT WE ARE DESIGNING.

SO IT'S GOING TO KEEP IN THE BACK.

WE ARE PROPOSING AS WELL ADDITIONAL PARKING SPACES AROUND THAT BUILDING. AND WE ARE GOING TO KEEP THE ACCESS TO THE RAMP, TO THE PUBLIC RAMP THAT IS RIGHT NOW BEING BUILT IN THE AREA, IN THE SAME PLACE THAT IT IS RIGHT NOW. BECAUSE I THINK CONSTRUCTION IS WELL ADVANCED AND IT'S DIFFICULT TO SAY TO STOP CONSTRUCTION AND BUILD IN ANOTHER PLACE.

OUR IDEA IS TO KEEP THE SAME RAMP THAT IS BEING BUILT RIGHT NOW. AND TO KEEP THE PARKING LOT THAT IS IN THE FRONT OF THE AREA, FOR TRAILERS OR VISITORS THAT COME FOR A RIDE FOR THE DAY.

THIS IS OUR VISION OF THE BACK OF THE PROPERTY, HOWEVER, OUR PROJECT IS GOING TO WORK WITH OR WITHOUT THIS PIECE OF LAND OVER HERE. I THINK WE ARE DONE.

>> THANK YOU VERY MUCH. VERY VERY INTERESTING AND VERY IMPRESSIVE. COMMISSIONERS, QUESTIONS?

>> YES, MA'AM. >> I AM JUST WONDERING, WHY THE

PURCHASE RATHER THAN A LEASE? >> WELL, FOR FINANCING PERSPECTIVE, I WORKED TEN YEARS AS A LENDER IN THE BANK IN MY PREVIOUS LIFE FOR FINANCING PURPOSES, IT'S EASIER TO GET FINANCING BY ACQUIRING THE PROPERTY THAN LEASING THE PROPERTY. WHEN YOU LEASE THE LAND OF OPPORTUNITY NARROWS DOWN. SO THE INTEREST RATES THAT THEY ARE GOING TO OFFER US ARE GOING TO BE HIGHER.

BECAUSE AS A LEASEHOLDER, YOU HAVE YOU KNOW, THE FIRST LIEN ON THE PROPERTY AND THE LENDER IS GOING TO HAVE A SECOND POSITION. SOMETIME THE LENDER, THEY DON'T WANT TO DO THAT. AND I THINK YOU KNOW, IT'S GOING TO BE A STRAIGHTFORWARD NEGOTIATION BETWEEN YOU AND US.

AND WE'RE GOING TO HAVE A LOT OF -- A BIG ARRAY OF LENDERS INTERACTING IN FINANCING THIS PROJECT.

WHEN YOU'RE IN FINANCING, IT'S VERY IMPORTANT THAT 70 PERCENT OF THE ENTIRE DEVELOPMENT COSTS.

SO IF YOU DON'T HAVE LENDERS, THIS PROJECT IS NOT GOING TO

HAPPEN. >> BUT YOU WOULD BE ACCEPTABLE TO HAVE CERTAIN GUARANTEES BUILT IN TO THE PURCHASE OBVIOUSLY? WE LIKE THAT PIECE OF PROPERTY OVER THERE A WHOLE LOT. AND IF YOU ARE THE DEVELOPER FOR THAT PROPERTY, WE WOULD WANT GUARANTEES TO MAKE SURE THAT YOU KNOW, OUR PUBLIC LANDS ARE BEING USED EXACTLY THE WAY THAT WE WANT. AND IF NOT, THAT GENTLEMAN RIGHT THERE IS GOING TO MAKE SURE THAT WE'RE NOT OUT THERE HANGING, WE'RE DEFINITELY GOING TO HAVE SOME TYPE OF RESPONSE.

BUT I THINK THAT IS THE BIGGEST PROBLEM WITH THAT.

I DON'T MIND SELLING THE PROPERTY.

[00:30:06]

WHAT WE'RE INTERESTED IN IS GUARDING THE COMMUNITY AND MAKE SURE THAT WE CAN DELIVER BETWEEN OUR PARTNERSHIP EXACTLY WHAT WE SAY WE'RE GOING TO DO. AND IF NOT, WE HAVE SOME FORM OF BEING ABLE TO FIX THAT IN SOME WAY.

>> WE HAVE DONE THIS IN THE PAST, WHEN WE SIGNED THE DEVELOPMENT. WE ARE COMFORTABLE SIGNING THE

DEVELOPMENT AGREEMENT. >> THANK YOU.

GREAT JOB IN PRESENTING TODAY. I REALLY LIKE THE IDEAS THAT YOU'VE BROUGHT FORWARD. SO I'M LOOKING AT THE DESIGN OVER HERE, THIS IS THE SITE PLAN, IF YOU WANT TO PUT IT ON THE SCREEN. HOWEVER YOU WANT TO DO IT.

YOU TALKED ABOUT THE PURCHASE. THAT IS WHERE I'M GOING TO GO AND TALK ABOUT THE ACQUISITION TERMS. THE OVERALL PARCEL INCLUDES THE WHOLE Z SHAPE.

THE ONE PARCEL THAT IS TO THE SOUTH CLOSEST TO THE BRIDGE WHERE THE BOAT RAMPS ARE, IS OWNED BY THE CITY OF FT.

PIERCE. YOU TALKED ABOUT CONSTRUCTION AND FINANCING TERMS. A FEW QUESTIONS REGARDING THAT PARCEL. ARE YOU GOING TO OWN THE BOAT

RAMPS? >> IN REGARDS TO THE CITY OF FT. PIERCE PARCEL, WE ARE OPEN TO NEGOTIATIONS OVER THERE, BECAUSE WE FOCUS, AS YOU SEE HERE, OUR PROPOSAL ON THE CRA PROPERTY. WE DIDN'T DEVELOP ANYTHING.

WE DIDN'T PROPOSE ANYTHING TO DEVELOP IN THE CITY PARCEL.

SO WE ARE OPEN ON THIS SPECIFIC AREA TO OTHER KIND OF

ARRANGEMENTS. >> SO YOUR TWO MILLION, TO MAKE SURE I'M CLEAR, YOUR TWO MILLION INCLUDES --

>> CRA. >> NOT THE CITY OF FT. PIERCE PROPERTY. OKAY.

I WANTED TO MAKE SURE THAT I UNDERSTOOD EXACTLY WHERE YOU'RE COMING FROM. BECAUSE THE TWO MILLION IS ON

THE L SHAPE ONLY. >> YES.

I THINK WE PUT IT HERE IN THE PROPOSAL

>> I JUST WANTED TO -- >> WE PUT TWO NUMBERS OVER HERE. TWO PARCELS, CRA.

>> I WANTED TO MAKE SURE THAT THE 70 PERCENT THAT YOU WERE JUST DESCRIBING INCLUDED THAT, WAS JUST THOSE TWO PARCELS, YOU'RE TALKING ABOUT YOUR FINANCING PLAN.

>> HOWEVER, THE PROJECT NEEDS THIS AREA, THE CITY OF FT.

PIERCE PARKING LOT, BOAT RAMPS TO FUNCTION.

HOWEVER, OUR OFFER IS JUST FOR THE CRA PORTION.

>> OKAY. BECAUSE THIS PROJECT DOES INCLUDE THE CITY OF FT. PIERCE PARCEL WITH THE BOAT RAMPS AND BOAT PARKING AND ACCESS TO ONE OF OUR LOCAL RESTAURANTS HERE IN TOWN, DO YOU -- WOULD YOU BE OPPOSED TO ENTERING IN NEGOTIATION OR DISCUSSION OF MAKING IMPROVEMENTS TO THAT PARCEL TO PROVIDE FURTHER PUBLIC BENEFIT?

>> WE ARE PROPOSING INITIALLY LANDSCAPING.

IT'S A NEGOTIATION THAT WE NEED TO START HAVING.

>> I NOTICED IN YOUR RENDERING. WHEN THE PUBLIC SEES THESE THINGS, HOW COME THAT PIECE DOESN'T GET IMPROVED OR ADDITIONAL LANDSCAPE OR PAVING, ADDITIONAL PARKING, WHATEVER IT IS. ALL RIGHT.

THAT'S TWO ITEMS THAT I HAD. I HAVE A COUPLE MORE.

BUT BEFORE I LET THE OTHER COMMISSIONERS GO AND THE MAYOR, WHAT PREVIOUS PROJECTS -- YOU DESCRIBED ONE PROJECT IN ORLANDO. THAT IS GOOD.

TELL ME ABOUT OTHER WORK THAT YOU'VE DONE SIMILAR TO THIS.

>> WELL, WE ARE NOW, WE WON AN RFP WITH THE CITY OF LAKE WORTH IN PALM BEACH. 126 UNITS, MIXED USE, WE HAVE RETAIL, SMALL OFFICE COMPANY IN LAKE WORTH.

WE WON THAT RFP LAST YEAR. WE ARE ADVANCED RIGHT NOW IN THE SITE PLAN APPROVAL. SO WE ESTIMATE TO START CONSTRUCTION AT THE END OF THIS YEAR WITH THE PROJECT IS GOING TO BE 126 UNITS RESIDENTIAL. I HAVE ANOTHER SMALL PROJECT IN MIAMI, 40 UNIT RESIDENTIAL AND RETAIL AS WELL.

WE ARE RIGHT NOW IN 3 MONTHS, WE'RE GOING TO HAVE CONSTRUCTION PERMITS AND THAT IS MORE AFFORDABLE HOUSING, FOR HOUSING THAT WE'RE DOING IN MIAMI.

AND YOU KNOW, WE ARE FOCUSING OUR EFFORTS TO COMPETING RFPS IN FLORIDA. WE HAVE ANOTHER PROJECT THAT WE ARE PURSUING IN WEST PALM BEACH.

AND WE'RE LOOKING RIGHT NOW IN CLEARWATER.

SO WE'RE FOCUSING RIGHT NOW, WE LIKE TO COMPETE.

WE LIKE TO WORK WITH CRAS, WITH CITY, IN ORDER TO HAVE A COMMON

[00:35:06]

OBJECTIVE AND GOAL. AND WE ARE OPENING YOU KNOW, OUR EFFORTS, THE COMPANY IS BASED IN MIAMI.

BUT WE ARE OPENING, WE'RE STARTING IN 2019 TO PURSUE OPPORTUNITIES AROUND FLORIDA. WE ARE DOING ANOTHER PROJECT IN BOSTON. JUST TO SEE HOW THE MARKET IS OVER THERE. AND I LIKE FLORIDA.

SO WE'RE GOING TO FOCUS MORE IN FLORIDA.

WE ARE SELLING THE PROJECT IN BOSTON AND FOCUS OR EFFORTS

HERE IN FLORIDA. >> OKAY.

AND SO I ASKED THAT QUESTION, JUST TO ASK THIS, YOU KNOW, YOU HAVE -- I WOULDN'T CALL IT INTENSE USE.

IT'S NOT INTENSE. BUT PARKING IS A PREMIUM.

EVERYWHERE WE GO, PARKING IS A PREMIUM.

I ASKED ABOUT THOSE PROJECTS TO SEE IF YOU HAD ANY PARKING CHALLENGES WITH THOSE PROJECTS AND WHAT DO YOU SEE AS THE CHALLENGE FOR PARKING HERE ON OUR SITE?

>> PARKING IS ALWAYS THE PROBLEM.

BUT IT'S ALWAYS THE DRIVER OF THE DESIGN AS WELL.

WE AT THE BEGINNING OF OUR DISCUSSION, BECAUSE WE DO LIKE A BRAINSTORMING MEETINGS WITH THE ARCHITECTS AND ENGINEERS IN ORDER TO SEE WHAT ARE THE IDEAS FOR THIS.

WE AT THE BEGINNING DESIGNED A PARKING LOT, A MULTI-LEVEL PARKING LOT. BUT THE COST WAS PROHIBITIVE.

SO WE CHANGED, WHICH IS ALL IN THE FIRST FLOOR, EVEN THOUGH WE'RE GOING TO HAVE COVERED PARKING.

WE'RE FORCED TO PUT IT IN ORDER TO INCREASE THE NUMBER OF PARKING. BUT THE IDEA IS TO HAVE YOU KNOW, A FIRST FLOOR PARKING. BECAUSE IT'S THE ONLY WAY THAT COSTS ALLOW US TO BUILD A PROJECT LIKE THIS.

WE ARE DOING IN ORLANDO, AND IN LAKE WORTH, FIRST FLOOR PARKING. SO NO RAMPS, NO SECOND LEVEL.

IT'S CHALLENGING. BUT YOU KNOW, WHAT WE ARE PROPOSING HERE, WE HAVE TO MATURE THAT IDEA TO MEET WITH CITY PLANNERS IN ORDER TO SEE HOW WE CAN INCREASE THE NUMBER

OF PARKINGS. >> WHAT DO YOU DO WITH THE STORMWATER? THE WATER QUALITY.

WHAT DO YOU DO WITH IT? >> RIGHT NOW IT'S UNDERGROUND, WHAT WE ARE PROPOSING. HOWEVER, WE ARE ABLE TO DO A DEAL WITH THE COUNTY, WE ARE GOING TO USE THE POND TO PUT SOME WATER OVER THERE. BUT IT'S UNDER, RIGHT NOW IT'S

SATURATED. >> COMMISSIONER ST. JOHNSON.

>> THANK YOU FOR THE PRESENTATION.

VERY IMPRESSIVE. I WANTED TO GO BACK TO I GUESS THE SITE PLAN, WHERE YOU HAD THE OFFICE SPACE, 10,000 SQUARE FEET. I WANT TO BE CLEAR WITH THAT.

SO IS IT MY UNDERSTANDING THAT YOU WOULD KIND OF SUBLEASE THAT, SUBCONTRACT TO KIND OF LIKE WHAT I CALL A WORK SPACE DEVELOPMENT OPPORTUNITY, IS THAT THE GIST? I KIND OF GOT LOST WITH THAT. I WANT TO BE CLEAR WITH THAT.

>> NO. WE'RE GOING TO LEASE THE ENTIRE SPACE TO ONE COMPANY. NOW WE'RE DEALING WITH THIS COMPANY IN ORLANDO. THEY RENT 10,000 SQUARE FEET IN THE BUILDING THAT WE'RE DOING OVER THERE.

AND WHAT THEY DO IS THEY SUBDIVIDE THE SPACE IN VARIOUS SMALL SPACES. WITH COMMON KITCHEN, YOU KNOW, THE SAME CONCEPT AS WE WORK, BUT MORE WITH PRIVATE OFFICES, NOT OPEN SPACE TO EVERYBODY. AND THAT IS CHANGING RIGHT NOW.

BECAUSE THE PANDEMIC. SO COMPANIES, SMALL COMPANIES THEY WANT TO HAVE ENCLOSED SPACE, WHERE THEY CAN LOCK THE DOOR AND THEY HAVE THEIR OFFICE.

BUT THE IDEA FOR THEM IS TO RENT FOR US, AND THEN THEY BUILD THE SPACE AND SUBLEASE THE SMALLER SPACES.

>> I'M FAMILIAR WITH THAT NOW. ON THE SAME BALLPARK AS REGIS AND SOME OF THESE OTHER OFFICE SPACE DESIGNS AND GO FROM THERE. YOU TALKED A LOT ABOUT THE DESIGN IN THE FRONT OF THE BUILDING, YOU HAD A PARTICULAR DESCRIPTOR TO THAT. THAT IS THE FRONT PART.

I'M ASSUMING THAT THAT WOULD TAKE THROUGHOUT THE ENTIRE WRAP OF THAT, THE BACK PART OF THAT. I DIDN'T SEE ANY RENDERINGS OF THAT. I CAN SEE THE FRONT PART MAYBE FACING THE WATER. YOU EMPHASIZED THAT.

THAT IS A CONCERN. BECAUSE THAT IS FACING THE

CITY. >> YES.

IF YOU WANTEDED TO -- >> SO THE BACK OF THE BUILDING, AND YOU'LL SEE IT IN THE PLANS, OBVIOUSLY IS OPEN AIR CORRIDORS. LET ME FIND WHICH WAY I GOT TO GO HERE. ONE OF THE THOUGHTS WE'RE LOOKING AT IS TO KIND OF CREATE WHAT WE CALL A GREEN WALL.

SO THERE YOU CAN SEE IT THERE. THE LONG GRAY CORRIDOR IS AN

[00:40:01]

OPEN AIR CORRIDOR WITH LOW RAIL.

THAT FACES THE INDUSTRIAL, THE SILOS.

SO THERE IS A -- I DON'T HAVE AN EXAMPLE OF A PHOTOGRAPH OF IT. THERE IS A GREEN WALL SYSTEM THAT IS BASICALLY HUNG, HANGS ON THE SIDE OF THE BUILDING.

GOES FROM THE ROOF DOWN TO JUST ABOVE THE FIRST FLOOR AND IT'S CONNECTED TO WIRES. THAT WHOLE THING BECOMES THIS BEAUTIFUL KIND OF HEDGE, IT LOOKS LIKE A HEDGE.

BECOMES A GARDENSCAPE. THERE IS NOT A LOT THAT WE CAN DO THERE. THAT SIMILAR CONCEPT WRAPS AROUND THE OTHER SIDE. WHEN YOU APPROACH THE BUILDING FROM THE OUTSIDE, THERE WILL BE A MODERN GREENSCAPE.

WE JUST HAVEN'T TAKEN THE TIME OR EFFORT TO DO IT.

BUT IT WILL BE AS BEAUTIFUL I GUARANTEE YOU AS THE FRONT.

>> IT STRUCK ME, JUMPED OUT AT ME, WHAT DOES THE BACK OF THIS LOOK LIKE? IT'S VERY IMPORTANT TO ME BECAUSE THAT SETS THE STAGE OF WHAT IS GOING TO BE ON THE OTHER SIDE. I'M REAL CURIOUS ABOUT THAT.

WITH THIS GREEN SPACE, THAT OBVIOUSLY WOULD BRING INTO THE WHOLE ECOSYSTEM WITH THAT. GREEN SPACE.

>> IT TIES INTO THE ROOFTOP GU

GARDEN. >> YOU MENTIONED FOUR STORIES AND ONE POP UP TO THE FIFTH. WALK ME BACK THROUGH THAT.

>> YOU CAN SEE IN THIS RENDERING, THE WEST WING IS ONLY FOUR STORIES TALL. AND THAT IS OUR ROOFTOP GARDEN.

YOU CAN SEE THE PALM TREES ON THE ROOF THERE.

THE SIDE THAT FACES THE DOWNTOWN A LITTLE BIT.

OR WHERE THE FUTURE DRY STORAGE BUILDING WOULD BE.

AND THEN THE FIVE STORIES ON THE SIDE THAT OBVIOUSLY FOLLOWS FISHERMAN'S WHARF DRIVE AND LOOKS AT THE INDUSTRIAL.

SO WE CLEARLY, ALL OF THE QUALITY VIEWS, THE VALUE VIEWS ARE TOWARDS THE WATER. SO THAT IS WHY ALL OF THE MAJOR WINDOWS FACE THE WATER, BALCONIES FACE THE WATER.

ON THE OTHER SIDE, IT'S THE CIRCULATION PATTERN.

>> ONE LAST ABOUT PARKING, SO GO BACK TO THE RENDERING HERE, SO WITH ALL OF THE PROPOSED THAT YOU HAVE FOR RETAIL SPACE, LIVING SPACE, ET CETERA, THE DIAGRAM THAT I SEE HERE BEFORE ME THAT HAS I GUESS THE PARKING AREAS EITHER RIGHT BEHIND IT, RESTAURANT A, IS THAT THE PARKING SPACE FOR THE RESIDENTS THAT LIVE THERE AS WELL. 76 UNITS?

>> 76 UNITS. IT'S A SHARED CONCEPT.

WE'RE EXPECTING DURING THE DAY SOME PEOPLE WILL BE OFF OF WORK. MORE PARKING AVAILABLE.

WE'RE EXPECTING THAT THERE IS OBVIOUSLY PUBLIC PARKING THAT IS GOING TO BE UTILIZED BY CITIZENS OUTSIDE OUR COMMUNITY THAT USE YOUR PARKING LOT. AND HOPEFULLY IF WE CAN GET CONTROL OF THOSE PROPERTIES BEHIND, WE'RE GOING TO ADD MORE

PARKING BEHIND THERE. >> SO I LEAVE THAT ARCHITECTURE STUFF TO MY FELLOW COMMISSIONER AND ALL OF THAT DESIGN STUFF.

I DO SIMPLE MATH. SO AVERAGE, HOW MANY PARKING SPACES DO YOU ANTICIPATE WITH WHAT HAS BEEN ALLOTTED?

>> 113. >> ON JUST OUR PIECE.

INCLUDING SOME PARALLEL PARKING ON FISHERMAN'S WHARF.

AGAIN, THIS IS COMMUNITY DESIGNED TO HELP INSPIRE PEOPLE TO TAKE THEIR BOAT TO HERE, WE'RE EXPECTING NOT EVERYBODY IS GOING TO HAVE A CAR. MANY PEOPLE ARE GOING TO HAVE BOATS, RIDE THEIR BIKES. HOPEFULLY GOING TO WALK BY THE

CLOSE-BY NEIGHBORHOODS. >> THAT BEEPING MEANS THE 15 MINUTES IS UP. WE ARE ALLOWED TO GO PAST THAT 15 MINUTES. BUT NOT PAST ANOTHER 15 MINUTES. OKAY.

SO YOU CAN STOP THE BEEP. AND WE'LL -- I HAVE A QUESTION.

SO WE'RE GOING TO GO BEYOND THE 15 MINUTES.

THERE MIGHT BE FOLLOW-UP. THE 76 UNITS, ARE THEY GOING TO BE FOR SALE AND THEN PEOPLE WILL DO THE SHORT-TERM RENTAL

OR HOW DOES THAT WORK? >> WE ARE PROPOSING THE 76 UNITS FOR RENT. ORIGINALLY, WE ARE DESIGNING THE STUDIOS, BECAUSE WE THINK THAT WE ARE GOING TO HAVE PEOPLE LIVING MONTH TO MONTH OR 3 MONTHS, 6 MONTHS.

HOWEVER, WE ARE BUILDING UNITS THAT THEY CAN BE USED THE ENTIRE YEAR, RENT AN ENTIRE YEAR.

BUT WE HAVE TO CREATE A DEMAND. BECAUSE THERE IS NOTHING COMPARABLE IN THE AREA RIGHT NOW.

SO WE ARE ESTIMATING TO HAVE SOME OF THE UNITS FURNISHED, YOU KNOW, TO BE READY TO RENT FOR A SMALL PERIOD OF TIME.

AND THEN WHEN WE CREATE A DEMAND AND HAVE PEOPLE WILLING TO RENT FOR A YEAR, WE'RE GOING TO HAVE OTHER UNITS AVAILABLE

[00:45:04]

FOR THEM. >> SO SOMEBODY IS GOING TO OPERATE IT? SOMEBODY IS GOING TO BE OPERATING IT AS A RENTAL. IN THE RENTAL, ARE YOU ENVISIONING SHORT STAYS OR LONG STAYS, TWO MONTHS, 3 MONTHS,

OVERNIGHT? >> WE ARE NOT GOING TO BE A HOTEL. WE ARE LOOKING FOR PEOPLE MAYBE WEEK, MINIMUM A WEEK, A MONTH, 3 MONTHS.

>> STUDIOS. >> FOR THE STUDIO AND FOR THE ONE BEDROOM AS WELL AT THE BEGINNING.

BECAUSE WE DON'T SEE RIGHT NOW DEMAND MAYBE, WHEN WE COMPLETE THIS PROJECT, THE DEMAND IS GOING TO BE THERE.

BUT RIGHT NOW WE DON'T SEE IT TO HAVE PEOPLE RENTING FOR A YEAR OVER HERE. BUT I THINK WE'RE GOING TO CREATE IT. BECAUSE WE'RE CREATING AMENITIES APPEALING TO PEOPLE TO LIVE HERE.

>> DO YOU ALSO SEE AS POSSIBILITY, FOR INSTANCE, THE PEOPLE THAT ARE GOING TO BE WORKING IN THE WORKS, OR THE PEOPLE THAT ARE GOING TO BE WORKING ON THE YACHTS OR SOMETHING LIKE THAT? IS THAT KIND OF WHERE YOU SEE

THE DEMAND MIGHT COME FROM? >> YES.

THIS MARKET ANALYSIS OVER HERE, AND WE FOUND THAT THERE ARE PEOPLE COMING FROM BOSTON AND NEW YORK, SAILING TO HERE.

AND THEY WANT TO HAVE A SMALL PLACE TO WORK.

BECAUSE THEY DON'T WANT TO WORK IN THE YACHT, IN THE VESSEL.

AND ALSO YOU KNOW, SOME OF THEM, THEY WANT TO HAVE MORE COMFORTABLE PLACE TO LIVE FOR THAT PERIOD OF TIME.

ALSO FOR WORKERS, YOU KNOW, TO COVER ALL OF THE DEMAND THAT IS GOING TO BE CREATED BY THE INDUSTRIAL AREA, OFFICE DEMAND AND ALSO PEOPLE LOOKING TO LIVE FOR A CERTAIN TIME HERE.

>> OKAY. THANK YOU VERY MUCH.

>> FOLLOW-UP. YOUR 113 PARKING SPACES, I KEEP LOOKING AT WHAT IS BEHIND THE NORTHERN BUILDING RIGHT THERE.

AND IT LOOKS LIKE YOU HAVE ON STREET PARKING.

NOW, DOES THAT ON STREET PARKING ALREADY EXIST?

>> WE'RE SUGGESTING ADDING PARALLEL PARKING THERE.

>> ON EXISTING ROAD, OR IS THAT PART OF THE PROPERTY THAT YOU

WILL BE PURCHASING? >> WITHIN THE EASEMENT, I

BELIEVE, RIGHT? >> WITHIN THE RIGHT-OF-WAY.

>> YOU NEED TO COME TO THE MIC, SIR, PLEASE.

>> YEAH. GOOD AFTERNOON, GOOD MORNING.

YEAH. THOSE ADDITIONAL PARKING ARE PROPOSED WITHIN THE RIGHT-OF-WAY OF THE STREET.

THERE IS ROOM FOR THE TWO EXISTING TRAVEL LANES, PLUS ADDITIONAL WIDTH OF THE PARKING, WHICH IS NINE FEET BY 23. SO WE'VE GOT, I THINK WE'VE GOT I BELIEVE IT'S LIKE 15 OR 16 PARKING SPACES.

>> OKAY. I MAY WANT STAFF EVENTUALLY TO WEIGH IN ON THAT. BECAUSE OF THE FUNCTION OF FISHERMAN'S WHARF. I DON'T TRAVEL IT VERY OFTEN.

BUT I'M SURE BECAUSE OF THE INDUSTRIAL USE AND THE RESIDENTIAL AND EVERYTHING ELSE GOING ON, I WANTED TO MAKE SURE THAT THAT IS A FUNCTIONAL POSSIBILITY.

>> YES. >> AGAIN, WE ARE KEEPING THE TWO TRAVEL LANES THAT ARE THERE.

AND WE'RE RECONFIGURING THAT EDGE, WITH ADDING LANDSCAPE ISLANDS BETWEEN THE TWO SECTIONS OF THE PARALLEL

PARKING. >> THANK YOU.

>> LAST COMMENT, WITHOUT THE PANDEMIC, DO YOU THINK THIS PLAN WOULD HAVE BEEN DIFFERENT ESPECIALLY FOR THE OFFICE,

COMMERCIAL PART OF IT? >> WELL, MY OPINION ON THE PANDEMIC, I AM ASKED THIS QUESTION, THE PANDEMIC IS GOING TO END. THE WAY THAT WE ARE PERFORMING HERE IN THE U.S., IT'S GOING TO END VERY SOON.

FLORIDA APPEARS NOT TO HAVE ANY PANDEMIC NOW.

SO PEOPLE ARE COMING FROM BOSTON, NEW YORK, OTHER AREAS, JUST TO BE HERE AND TO SEE WHAT FLORIDA HAS TO OFFER.

SO OUR PLANS, YOU KNOW, IF YOU DO A MARKET ANALYSIS RIGHT NOW, EVERYTHING IS LOW. YOU KNOW, RENTS, EVERYTHING, BUT IN TWO YEARS, I THINK WE'RE GOING TO BE BACK TO NORMAL AND BACK TO WHERE WE WERE BEFORE THE PANDEMIC.

>> MY QUESTION IS BASED ON, WE HAD LOCAL EXPERTS IN THE REAL ESTATE BUSINESS THAT CAUTIONED US ABOUT ADDING MORE OFFICE SPACE TO AN AREA RIGHT NOW THAT HAS YOU KNOW, A LARGE INVENTORY OF THIS. I JUST WONDERED, YOU KNOW, IN YOUR EXPLANATION, ABOUT HOW THE PANDEMIC HAS CHANGED THINGS TO THESE SMALLER LITTLE UNITS, FOLKS THAT USED TO HAVE A BIG OFFICE, NOW ARE ALL IN THESE SECTIONAL PART OF A LARGER MAIN OFFICE AREA WITH COMMON KITCHENS AND WALKWAYS AND THINGS LIKE THAT. I'M WONDERING IF THAT WAS

[00:50:03]

BASICALLY INTRODUCED BY DEALING WITH THE PANDEMIC AND THE ISSUES THAT, THE IMPACTS THAT CAME FROM THAT.

>> WE THINK, WHAT I'M HEARING IS PEOPLE THAT COME FROM THE NORTH, THEY DON'T WANT TO BE IN A CITY ENVIRONMENT.

BECAUSE THEY ALREADY LEFT NEW YORK, BOSTON, BIG CITY, WASHINGTON. THEY WANT TO BE CLOSE TO THE WATER. THEY WANT TO BE IN A BEACH ENVIRONMENT. NOW THAT THE COMPANIES ARE LETTING THE EMPLOYEES TO WORK REMOTELY, WHEREVER THEY WANT, YOU KNOW, HAVING A PROPERTY LIKE THIS IS GOING TO ENCOURAGE THOSE PEOPLE JUST TO COME HERE AND TO DISCOVER WHAT THIS CITY HAS TO OFFER TO THOSE PEOPLE. Ô> THANK YOU.

>> WE HAVE A RESTAURANT THAT IS RIGHT THERE CALLED 12A.

THAT IS VERY POPULAR IN THIS CITY.

HAVE YOU REACHED OUT TO THEM? >> NO, NOT YET.

BUT WE WILL. WE WANT TO HAVE THEM INSIDE OUR PROPERTY. ALSO IF WE CAN NEGOTIATE THE PROPERTY THAT THEY HAVE, WE WILL DO IT.

>> PEOPLE COME FROM A LONG WAYS AWAY TO GO TO THAT RESTAURANT.

>> WE ARE AWARE OF THAT. BUT I THINK WE HAVE DONE THIS IN THE PAST, IN SEVERAL RFPS, WE NEGOTIATE WITH ADJACENT PROPERTIES AFTER WE GET THE AWARD.

BECAUSE IF I AM NOT THE WINNER, WHAT IS THE PURPOSE TO NEGOTIATE. YOU PUT TIME, EFFORT.

YOU NEGOTIATE. >> FAIR ENOUGH.

>> AT LEAST YOU'RE AWARE OF IT. FAIR ENOUGH.

>> WE WILL TALK TO THEM. WE WILL INITIATE NEGOTIATION WITH THE COUNTY TO SEE WHAT IS GOING ON WITH THEM.

BUT YES. >> COMMISSIONER JOHNSON.

>> ONE LAST QUESTION, YOU MENTIONED THAT THERE IS A PROJECT IN LAKE WORTH. IS THAT A LAND PURCHASE OR

LEASE OPTION. >> PURCHASE.

>> INSTEAD OF A MARINA, WE CREATED A BEAUTIFUL PARK.

THERE IS A LARGE PUBLIC GATHERING SPACE THAT DIDN'T EXIST BEFORE. WE CREATED A NEW PARK FOR THE COMMUNITY. SO IT HAS THE SAME CONCEPT WITH

THE SMALLER SHOPS >> WHAT PART OF LAKE WORTH? ARE YOU ON THE WATER THERE AS WELL?

>> THAT ONE IS ON DIXIE HIGHWAY.

>> WE SIGNED WITH THEM A DEVELOPMENT AGREEMENT AS WELL.

YOU KNOW, I CAN GIVE YOU THE CONTACT INFORMATION, JUST FOR YOU TO ASK ABOUT OURSELF. WE ARE IN VERY GOOD RELATIONSHIP. WE ARE MOVING FORWARD WITH THAT

PROJECT. >> GOOD.

ANYMORE QUESTIONS? ALL RIGHT.

THANK YOU SO MUCH. HOW MUCH DID WE GO OVER,

MIRIAM? >> THERE WAS AN EXTRA SIX

MINUTES LEFT. >> SO WE'RE GOING TO GIVE THE SAME TO THE OTHERS. THANK YOU VERY MUCH.

AND FOR YOUR WHOLE TIME. TO YOUR WHOLE TIME.

>> APPRECIATE THE OPPORTUNITY. >> ARE WE GOING TO BREAK?

>> 15 MINUTES. >> 15.

>> 15. >> DO WE NEED TO SAY IT?

>> MADAM MAYOR, I THINK WE SHOULD DECLARE A RECESS.

IT DOESN'T HAVE TO BE THE FULL 15, IF YOU WANTED TO TAKE LESS.

THAT IS WHAT WE BOOKMARKED. >> LADIES AND GENTLEMEN, WE ARE GOING TO RECESS FOR 10 MINUTES. PLEASE BE

>> COMMENTS FROM THE EVALUATION TEAM, TODAY'S PRESENTATIONS AND COMMENTS FROM THE PUBLIC, THIS BOARD WILL DISCUSS AND TAKE ACTION BY WAY OF MAKING A MOTION AND AWARD.

NEXT PRESENTER, YOU MAY BEGIN. >> MADAM MAYOR, AS A REMINDER, THE OTHER GROUP HAS EXCUSED THEMSELVES, I BELIEVE.

>> THE OTHER GROUP HAS EXCUSED THEMSELVES.

>> HOWEVER, ONCE WE COMPLETE WITH THIS, THEY WILL BE WELCOME TO COME BACK IN AND THE AUDIO WILL BE TURNED ON IN THE OUTSIDE OF THE CHAMBERS TO ACCOMMODATE ANYBODY WHO WOULD

NOT BE IN THE CHAMBERS. >> THANK YOU FOR HELPING ME.

I APPRECIATE THAT. DITTO WHAT HE SAID.

YOU MAY BEGIN. >> GOOD MORNING, MAYOR, COMMISSIONERS. MY NAME IS BRAD CURRY, ENGINEERING DESIGN AND CONSTRUCTION. WE ARE EXCITED TO BE HERE THIS MORNING TO PRESENT THIS GREAT PROJECT TO YOU AND ALSO TO THE CITY OF FORT PIERCE AS A WHOLE. TODAY, WE'RE GOING TO HAVE A COUPLE OF SPEAKERS COME UP. I'M THE FIRST SPEAKER HERE.

I WILL BE BACK A LITTLE LATER IN THE PRESENTATION.

TODD NOWERY WILL BE HERE TO TALK ABOUT THE CONCEPT PLAN.

CHRIS SHELLI WILL TALK ABOUT HIMSELF, AND TALK ABOUT THE PROJECT TOO, FINANCING. AND THEN MIKE JAKLYN WILL COME UP TO PRESENT THE CLOSING ARGUMENTS AND TALK ABOUT THE PROJECT ON THE COMMUNITY AS A WHOLE.

WE'RE THE FOUR LUCKY ONES THAT GET TO PRESENT THIS PROJECT.

[00:55:04]

AS YOU CAN SEE ON THE SCREEN HERE, THERE ARE A TON OF PEOPLE BEHIND THIS PROJECT, JAMES, PATRICIA, JANETTE, LEE, ASHLEY, JASON, A PRETTY BIG GROUP OF PEOPLE HERE.

OUR PRESENTATION FOLLOWS THE OUTLINE, AS DESCRIBED IN YOUR PROPOSAL. AND THE GRADING OF YOUR PROPOSAL. IT STARTS WITH THE PRELIMINARY CONCEPT PLAN. TALKS ABOUT PUBLIC BENEFIT.

TALKS ABOUT HOW THE PROJECT GOALS MEET THE FPRA GOALS.

ECONOMIC FEASIBILITY OF THE PROJECT.

FINANCING PLAN, ACQUISITION AND THEN LASTLY THE SCHEDULE.

THESE WERE THE POINTS THAT WERE BASED FOR THE SCORING THAT GOT US THIS FAR. WE'RE GOING TO FOLLOW THAT SAME FORMAT. SO NEXT, CHRIS SHELLI WILL TALK A LITTLE BIT THE PROJECT. AND HERE YOU GO, CHRIS.

>> GOOD MORNING, EVERYONE. MAYOR HUDSON, COMMISSIONERS, I AM FINALLY EXCITED TO INTRODUCE MYSELF TO YOU GUYS, I'M CHRIS SHELLI, WE'RE EXCITED TO BE HERE THIS MORNING TO UNVEIL THIS PROJECT TO YOU, AS YOU KNOW, WE'VE BEEN UNDER THE CONE OF SILENCE FOR A LONG TIME. I HAVE NOT BEEN ABLE TO INTRODUCE MYSELF TO ANY OF YOU. I JUST WANT TO QUICKLY POINT OUT A FEW THINGS ABOUT MYSELF AND FORT PIERCE AND MY PASSION FOR THIS PROJECT. I'VE BEEN COMING HERE FOR WELL OVER TEN YEARS NOW. I ABSOLUTELY LOVE IT HERE.

RECENTLY I MADE THE COMMITMENT TO MOVE HERE FULL-TIME, MOVE MY FAMILY HERE. AND CHOSE TO DEVELOP HERE.

MY INTEREST IN REDEVELOPING FISHERMAN'S WHARF, IT COMES FROM YEARS OF FINANCING, DEVELOPING AND BEING AN INTEGRAL PART OF THE BOATING INDUSTRY.

I THINK OUR TEAM, WE HAVE A GREAT AMAZING TEAM HERE, I GOT TO TELL YOU, WITH ALL OF THESE LOCAL GUYS.

WE REALLY PUT OUR BRAINS TOGETHER AND TRIED TO FIGURE OUT WHAT WE COULD DO WITH THIS PIECE OF PROPERTY.

OUR GOAL WAS TO CREATE A REAL DESTINATION.

THAT IS WHAT OUR GOAL IS FOR THIS PROJECT.

CREATE A DESTINATION FOR THIS CITY, AS A GATEWAY INTO THE PORT. WE WANT TO CREATE A PLACE TO GO SHOPPING, DINING, HAVE LIVE ENTERTAINMENT AND THEN HAVE A WORLD CLASS BOAT FACILITY, AS THE SHINING STAR OF THIS PROJECT. SOMETHING ELSE I WANT TO POINT OUT THAT I THINK IS IMPORTANT FOR YOU GUYS TO KNOW, YOU KNOW, I'M COMMITTED TO HERE, LIVING HERE, I AM GOING TO HAVE FINANCIAL SKIN IN THE GAIN. I'M NOT GOING TO DEVELOP IT, FLIP IT, ET CETERA, LIKE MOST DEVELOPERS DO.

I'M ONLY MENTIONING THIS TO YOU BECAUSE OF THE COMPLEXITY AND THE SIZE OF THIS PROJECT, I THINK IT'S IMPORTANT TO POINT OUT THAT COMMITMENT THAT I WANT IT TO THRIVE AND BE SUSTAINABLE FOR THE COMMUNITY FOR YEARS TO COME.

LET'S FACE IT, THE NEIGHBORHOOD IS CHANGING, I THINK SEVERAL OF YOU MIGHT HAVE MENTIONED THAT IN OUR LAST MEETING HERE.

I WANT TO POINT OUT WHAT WE'RE ALSO TRYING TO DO AS A DEVELOPER, WE ARE, TALK ABOUT OUR NEIGHBORS AND RECENTLY AWARDED RFPS, DIRECTOR IN KINGS LANDING SPECIFICALLY, WITH DIRECTOR, ONE OF THE MAIN REASONS, YOU MAY NOT KNOW WHY IT'S AN EFFECTIVE RELATIONSHIP THERE.

WHEN TENDERS ARE STORED ON MEGA YACHTS, FOR LIABILITY REASON, NO ONE WANTS THEM ON THEIR SHIPS.

THEY'RE STORED ON WORK RACKS, THE AIR, THEY DO A LOT OF DAMAGE. THOSE OWNERS NEVER FRANKLY APPRECIATE IT. WITH OUR FACILITY BEING HURRICANE RATED AND THEM ABLE KEEPING THEIR INSURANCE ON THEM, IT'S A GREAT BENEFIT. THOSE TENDERS WILL BE ABLE TO COME OFF OF THOSE BOATS AND BE STORED RIGHT NEXT DOOR INTO OUR BUILDING. IN TERMS OF KINGS LANDING, SINCE THIS RFP HAS ISSUED PUBLICLY ON YOUR WEBSITE, I CAN'T TELL YOU THE AMOUNT OF CALLS WE'VE GOTTEN WITH PEOPLE ASKING US YOU KNOW, WHAT DO WE THINK THE CHANCES ARE, ET CETERA. IT'S BEEN PROVEN TO US RELENTLESSLY OVER SEVERAL WEEKS NOW, THAT PEOPLE ARE SO INTERESTED IN THIS BOAT BUILDING, SPECIFICALLY BECAUSE THEY'RE ABLE TO HAVE INSURANCE ON THIS BOAT AND THIS STYLE OF BOATING, HAVING THE INLET HERE IN FORT PIERCE, WHY THEY WANT TO BE HERE WITH THEIR BOATS, WE'VE GOTTEN RELENTLESS PHONE CALLS ASKING THE STATUS ON KINGS LANDING AND THE RELATIONSHIP IS IT'S BEEN PROVEN PEOPLE WILL COME HERE AS FAR AS ORLANDO JUST IN THE PHONE CALLS WE RECEIVED IN THE LAST TWO WEEKS, BUY CONDOS HERE, SPEND MONEY IN THE COMMUNITY, IF THEY COULD KEEP THEIR BOATS IN A FACILITY LIKE THIS. IT'S BEEN IMPRESSIVE.

I THINK IT'S A GREAT AMENITY, NOT JUST KINGS LANDING, BUT ALSO HARBOR ISLAND, SOME OF THE OTHER PLACES WITH CONDO SALES.

THE LAST TIME WE WERE HERE A FEW WEEKS AGO, COMMISSIONER JOHNSON HAD MENTIONED HIS ROLE IN WEARING MULTIPLE HATS.

I FEEL LIKE I'M DOING THAT TODAY.

DEVELOPER, FINANCIER, BUT I WANT TO GET ACROSS HOW MY ROLE AS AN OWNER OPERATOR IN THIS. THIS IS A SITUATION WHERE I'M GOING TO BE OWNING A LARGE CHUNK, IF NOT THE MAJORITY OF THIS PROJECT. SHOWING UP THERE EVERY SINGLE DAY FOR WORK. MAYOR HUDSON MENTIONED THE 100TH ANNIVERSARY OF THE INLET. BIG SEASON FOR THIS THIS YEAR.

[01:00:04]

LET'S HONOR THAT ANNIVERSARY BY SELECTING THIS PROJECT, WHOSE VERY CORE IS MARITIME RELATED. I THINK THAT IS IMPORTANT.

BOATHOUSE IS AN INTEGRAL PART OF THAT.

COMMISSIONER PARONA MENTIONED, YOU NEVER KNOW HOW MUCH ONE VOTE CAN COUNT. SOMETHING HE REITERATED A FEW TIMES A FEW WEEKS AGO. TODAY YOUR ONE VOTE COULD COUNT FOR SOMETHING UNIQUE FOR THIS CITY.

THIS BOAT BUILDING, NOT JUST HURRICANE RATED, THIS WILL BE THE NUMBER ONE STORAGE FACILITY ON BOATS, ON PLANET EARTH.

NOTHING ELSE LIKE IT. THE TECHNOLOGY, IT'S GOING TO BE NUMBER ONE. AGAIN, SINCE THIS WAS RELEASED ON YOUR WEBSITE, I CAN'T TELL YOU HOW MANY MAGAZINES HAVE REACHED OUT. WE'RE GOING TO BE ON THOUSANDS OF MARITIME RELATED MAGAZINES ACROSS THE COUNTRY.

IT'S ONE TIME THAT YOUR VOTE CAN CERTAINLY MAKE SOMETHING HAPPEN THAT NO OTHER COUNTRY CAN SAY THEY HAVE BUT FORT PIERCE. I THINK IT'S A UNIQUE SITUATION AND UNIQUE FOR YOU GUYS TO BE ABLE TO VOTE ON SOMETHING LIKE THAT. SINCE I'M FEELING COMPETITIVE THIS MORNING, LESLIE OLSON WAS QUOTED AS SAYING, IN 50 YEARS, FORT PIERCE LOCAL HISTORIANS WILL LOOK BACK FOR IMAGES TO CREATE A TIMELINE OF GAME CHANGING MOMENTS FOR OUR COMMUNITY. AND THE PHOTO OF THE DIRECTOR SHIPYARDS MASSIVE MOBILE LIFT IS THE ONE THEY WILL USE.

COUNTY, CITY. I WOULD LIKE TO THINK THAT TODAY WE COULD ACCOMPLISH IN 50 YEARS THE VOTE BY YOU, MAYOR AND THE FORT PIERCE CITY COMMISSIONERS WILL VOTE FOR THE SHELLI ASSOCIATES PROJECT AND THAT WLL BE THE GAME CHANGING MOMENT FOR FORT PIERCE AND THE PICTURE OF OUR AMAZING DEVELOPMENT FOR THE COMMUNITY AND OUR DESTINATION WE'RE CREATING WILL BE THE PICTURE THEY WILL USE IN THE HISTORICAL BOOKS, AS LESLIE POINTED OUT. NOT A PICTURE OF THE BIG BLUE LIFT. I'M GOING TO INTRODUCE MR. TODD MOWERY. HE IS GOING TO WALK YOU THROUGH OUR SITE PLAN AND VIDEO. THANK YOU.

>> GOOD MORNING, MADAM MAYOR. COMMISSIONERS, PLEASURE TO BE HERE. CHRIS IS AN EXCITING GUY.

FUN TO SEE WHAT ENERGY HE HAS, BUT IT'S NOT JUST CHRIS.

WHEN YOU LOOK AT HE AND HIS DAD, WHEN YOU LOOK AT THE EXPERIENCE THAT THEY HAD, THAT IS SHELLI ASSOCIATES.

I LEARNED ABOUT THEIR EXHAUSTIVE BACKGROUND, THE HISTORY, NUMBER OF HIGH RISE BUILDINGS THEY HAD DONE, MIAMI, NEW YORK. I WAS OVERWHELMED BY THE MAGNITUDE OF THAT. IT EXPRESSED TO ME A TEAM THAT WAS COMING IN, BUT NOT ONLY A TEAM THAT COULD DEVELOP, BUT ONLY DID PROJECTS THAT THEY PROVED THEY COULD 100 PERCENT FINANCE. FROM THAT, HE BEGAN TO TELL ME ABOUT THE IDEA OF THE WATERFRONT AND WHAT HE WANTED TO DO. WE'VE BEEN ABLE TO COME UP WITH OUR CONCEPT. WHEN YOU LOOK AT THE CONCEPT, WE SPENT A LOT OF TIME STUDYING THE WATERFRONT.

WE LOOKED AT WHAT FORT PIERCE IS, WHAT IT WOULD LIKE TO BE.

AND SOME OF THE THOUGHTS AND VISIONS OF WHAT WE'VE HEARD FROM PEOPLE OVER THE YEARS. WHAT I'M GOING TO DO IS I'M GOIG TO WALK YOU THROUGH THIS CONCEPT PLAN, I WANT YOU TO BE ABLE TO UNDERSTAND, TO BE ABLE TO BREAK IT DOWN AND TO UNDERSTAND THE COMPONENTS OF IT.

BECAUSE I THINK ALL OF THIS IS INTEGRAL TO WHAT WE WOULD WANT TO SEE WITH OUR WATERFRONT AREA.

WITH THIS PROJECT, WE HAD A LOT OF DISCUSSIONS ABOUT WHETHER OR NOT WE WERE UTILIZING THE PIECE THAT WAS IN THE RFP.

WE LOOKED AT THE FACT THAT MANY OF THE PROPOSALS THAT HAD GONE OUTSIDE OF THOSE UNITS. WE BEGAN TO STUDY WHAT THE COUNTY WAS DOING WITH THEIR PIECES AS WELL.

REALIZING THAT MOST OF THEIR AREA WAS SET FOR PARKING.

AND WHETHER OR NOT SOME OF THOSE AREAS COULD BE ENHANCED AND IMPROVED. I WANT TO START WITH THE FAR NORTHEAST CORNER AND WALK YOU THROUGH THIS.

WE'RE LOOKING AT STARTING WITH THE HISTORY OF FORT PIERCE AND GOING BACK TO THE A INDIANS. AND WE TOOK THAT HISTORY AND PUT A TIKI OUT OVER THE WATER. YOU CAN GET A CONCEPT FOR HOW THAT WOULD FEEL AS YOU'RE LOOKING OUT TO THE WEST.

TO THE RIGHT OF THAT, TWO-STORY SIGNATURE RESTAURANT.

THAT RESTAURANT IS END DESTINATION.

CORNERSTONE, OR END CAP OF THIS PROJECT.

WHEREAS THE FESTIVE RETAIL CONTINUES ON ALONG THE WATERFRONT. THEN STOP AT THAT PARTICULAR AREA. WE WOULD LOVE TO THINK THAT DIRECTOR'S PIECE WOULD BE ABLE TO BE INCORPORATED INTO THIS.

OBVIOUSLY TIME WILL TELL. GOING TO THE WEST, WE'RE GOING TO BEGIN TO LOOK AT TWO SEPARATE BUILDINGS.

BOTH OF THESE BUILDINGS HAVE FIRST FLOOR RETAIL.

TWO FLOORS OF RESIDENTIAL. WHEN YOU LOOK AT THE NUMBER OF UNITS, WE'RE ONLY TALKING ABOUT 18 UNITS.

WE WERE CONCERNED ABOUT MAKING SURE THIS WAS A FINANCIALLY FEASIBLE PROJECT. AND VERY VERY CONCERNED ABOUT THOSE ELEMENTS. TO THE LEFT.

[01:05:03]

YOU WILL SEE THIS OTHER BUILDING, FIRST FLOOR RETAIL, BUT A CLUBHOUSE IN IT. YOU WILL SEE THERE IS A POOL THERE TO THE LEFT SIDE OF THAT. THIS WILL BE AN AREA SET UP FOR THOSE RESIDENTS. INCORPORATED STORMWATER FURTHER TO THE WEST BECAUSE IT WAS IMPORTANT TO MAKE SURE THIS WAS NOT JUST A PROJECT THAT LOOKED PRETTY, BUT WAS FULLY SET AND READY FOR THIS. TO THE NORTH SIDE, YOU WILL SEE WE HAD PARKING THAT WAS ACTUALLY ON FISHERMAN'S WHARF AND WE DID SOME THINGS TO HELP WITH THE OVERALL DESIGN OF THAT, TO MAKE SURE THAT THAT WAS ALSO AN ENHANCEMENT FOR THE AREA. ALL IN ALL, PARKING IS GOING TO BE AN IMPORTANT COMPONENT OF ANY OF THIS.

WHEN YOU LOOK AT THIS VISION THAT WE CREATED HERE, YOU WILL SEE LIVING GREEN WALLS AND TRYING TO CREATE A FESTIVE RETAIL AREA. KNOWING OWEN AND THESE GUYS, TO THINK THAT THEIR PASSION CAN BE BROUGHT TOGETHER IN AN AMAZING WAY IS EXCITING. AS WE GO FURTHER INTO THIS PROJECT, WHAT YOU WILL SEE IS WITH THE SIGNATURE RESTAURANT, WE WENT TO THE LIGHT HOUSE. WE'RE ACTUALLY MAKING A PIECE THAT HAS A VIEWING PLATFORM. THIS TOWER BECOMES A CENTER PIECE. IT BECOMES SOMETHING THAT FORT PIERCE DOESN'T HAVE TODAY. GUIDING SPOT.

THIS IS NOT A FUNCTIONAL LIGHT HOUSE.

DECORATIVE. BUT WITH IT, IT TAKES PEOPLE FROM THE DOWNTOWN, WHEN YOU GO ALONG THE WATERFRONT TODAY, WHEN YOU GO PAST THE ACTUAL YACHT CLUB, UNDERNEATH THE BRIDGE, WITH THE PEDESTRIAN WALKWAY THAT IS THERE.

YOU WILL THEN BE TAKEN ON AN ELEVATED WALKWAY.

THAT ELEVATED WALKWAY WILL TAKE YOU OUT TO THE BOATHOUSE, TO THE LIGHT HOUSE TOWER, BRING YOU DOWN AND PUT YOU INSIDE THAT AREA. TAKES YOU OVER THE BOAT RAMP, SUCH AN IMPORTANT THING. THAT BOAT RAMP BLOCKS AND DIVIDES US IN MANY WAYS. THIS CONNECTS, AND CREATES A UNIQUE OPPORTUNITY FOR PEOPLE TO SEE INDOOR WATERFRONT AREA.

GOING AND LOOKING AT THE BOATHOUSE, AT THE BOTTOM.

GREEN WELL TRAIL IS ONE OF THE ELEMENTS, WHERE WE WERE ABLE TO TAKE PEOPLE ALL THE WAY THROUGH THE PROJECT AND CONNECT THEM IN A WAY WITHOUT HAVING TO LEAD THEM OUT IN AN AWKWARD WAY.

OATHOUSE. THIS WILL BE THE ONLY ONE IN THE U.S. THAT WILL HAVE THESE TYPES OF COMPONENTS.

THERE IS ONE IN FT. LAUDERDALE AND THIS IS GOING TO HAVE MANY FEATURES THAT DOESN'T HAVE, INCLUDING GREEN SOLAR PANELS, ARCHITECTURE THAT IS AMAZING. THE CLUBHOUSE INSIDE AND HAVING THIS SET UP WITH THE AIR CONDITIONED SPACE, VALET READY WILL BE AMAZING. SOME OF THE THINGS THAT ARE IMPORTANT IS THE HURRICANE RATED ASPECT FOR THIS FACILITY.

I THINK IMPORTANT FOR MY PERSPECTIVE IS HOW THIS FITS INTO OUR COMMUNITY AND DESIGN FOR THAT.

I WANT TO WALK YOU NOW THROUGH KIND OF A UNIQUE PORTION OF OUR PROJECT. WITH THAT, I'M GOING TO WALK YOU THROUGH A VIDEO THAT WE PUT TOGETHER FOR THIS.

THIS IS A UNIQUE PIECE TO HELP YOU SEE WHAT WE SEE.

I HOPE YOU CAN GRASP A LITTLE BIT OF THIS.

WHEN WE LISTEN TO RESIDENTS, NEIGHBORS, OUR FRIENDS, ABOUT THEIR DESIRES AND WHEN WE THINK ABOUT WHAT WE'VE HEARD ABOUT THEIR DREAMS, YOU CAN SEE FISHERMAN'S WHARF.

FISHERMAN'S WHARF, THIS IS OUR PROJECT, WHICH REPRESENTS A STORY LINE ABOUT THE HISTORY OF OUR CITY, HOW WE GREW UP ALONG THE WATER, OUR CITY HAS GROWN UP OVER TIME.

LOVINGLY CREATED, REPRESENTING ITS CHARM, OUR FISHING HISTORY.

OUR DIVERSITY. YOU CAN SEE HOW THIS PROJECT BEGINS TO COME TO LIFE. AND HOW PEOPLE CAN INTERACT WITH IT IN SO MANY UNIQUE WAYS, CLUBHOUSE FOR THOSE STAYING AND LIVING IN OUR UNITS, OR WHETHER IT'S BEGINNING TO GO AND EAT AND SHOP AND THRIVE. OUR PROJECT, FISHERMAN'S WHARF, REPRESENTS OUR DIVERSITY. AND OUR OWN IDENTITY.

YOU CAN REST, RELAX, EAT, AS WE ALL ENJOY AND YOU CAN DEFINITELY LIVE. FISHERMAN'S WHARF, THIS IS DEFINITELY A PROJECT HERE IN FORT PIERCE THAT IS ROOTED IN THE SENSE OF PLACE, IT'S A SENSE OF WELCOME, A SENSE OF ADVENTURE AND MOST OF ALL, THIS IS A PROJECT THAT ALL OF US WOULD BE PROUD TO SAY IS DEFINITELY UNIQUELY FORT PIERCE. THIS IS FISHERMAN'S WHARF.

WITH THAT, I WOULD LIKE TO BRING BRAD UP AND HAVE HIM TALK AND WALK THROUGH SOME OF THESE THINGS WITH OUR PROJECT GOALS.

THANK YOU. >> ALL RIGHTY.

>> THANKS, TODD. CAN YOU GUYS BELIEVE I HAVE TO FOLLOW THAT VIDEO WITH PROJECT GOALS?

[01:10:01]

>> BRAD CURRY, WITH ENGINEERING DESIGN CONSTRUCTION AGAIN.

AS TODD STATED, THIS PRESENTATION WE ARE ATTEMPTING TO FOLLOW THE SCORING ORDER THAT WAS PUT OUT IN THE RFP.

MAIN COMPONENTS PUT OUT BY THE CITY.

THE NEXT COMPONENT IS THE PROJECT GOALS.

HOW THE PROJECT GOALS MEET THE FPRA GOALS AS WELL.

WHENEVER I START THIS PROCESS, I ENJOY IT, I LIKE DOING THE RESEARCH, LEARNING ABOUT THE PROPERTY AND READING ALL OF THE DOCUMENTS, I LOOK FORWARD TO THE TOP ITEMS THAT RISE TO THE SURFACE FOR A PROJECT LIKE THIS.

AND IN MY OPINION, THIS IS -- THESE TOP FOUR THINGS ARE NOT JUST FOR OUR PROJECT, BUT I THINK IT'S FOR ANY PROJECT THAT GOES ON THE FISHERMAN'S WHARF PROPERTY.

THOSE FOUR THINGS ARE BASED ON READING ALL OF THE DOCUMENTS, THESE ARE MY TOP FOUR THINGS. SUCCESSFUL PROJECT ALLOWS FOR PUBLIC ACCESS THROUGH THE SITE, THAT A SUCCESSFUL PROJECT ALLOWS PUBLIC ACCESS TO THE SITE.

AND THAT A SUCCESSFUL PROJECT WILL BE FINANCIALLY SUCCESSFUL AND ADD TO THE OVERALL CRA. FOURTH, THAT A SUCCESSFUL PROJECT WILL COMPLIMENT THE DOWNTOWN, NOT COMPETE WITH IT.

I THINK THOSE FOUR THINGS, REGARDLESS OF WHAT YOU CHOOSE TODAY, THOSE ARE FOUR THINGS IN MY OPINION SHOULD BE KEPT TRUE FOR BOTH PROJECTS. ON YOUR SCREEN, YOUR FPRA REDEVELOPMENT PLAN, TALKS ABOUT A FOUR POINT ACTION PLAN.

THE FIRST ONE IS THAT RESTORING THE NEIGHBORHOODS, BY REDEVELOPING THIS SITE. AND REALLY YOU'RE LOOKING FOR A TRANSITION BETWEEN WHAT IS THE DOWNTOWN HISTORIC AREA, JUST NORTH OF DOWNTOWN, GOING INTO THE FISHERMAN'S WHARF PROPERTY AND THEN INTO THE DIRECTOR SHIPYARD.

IT'S IMPORTANT TO HAVE THAT TRANSITION.

WE FEEL THAT OUR PROJECT DOES DO THAT.

PUBLIC SPACE THROUGH THE SITE, FOR FESTIVALS TO BE SET UP AND THINGS THAT HAPPEN OVER THE WEEKEND AND ALSO MARINE RELATED ITEMS. RESETTING THE ECONOMIC BASE.

THIS IS A PROVEN USE WITH FINANCING IN PLACE TODAY.

WE DON'T HAVE TO WAIT FOR A USER.

WE'RE READY TO GO. THAT IS REALLY THE ECONOMIC DRIVER FOR THE OVERALL DEVELOPMENT.

SO MAYBE THE PROJECT DOESN'T MAKE AS MUCH MONEY ON THE RESTAURANTS OR RESIDENTIAL OR RETAIL.

BUT THIS PROJECT IS GOING TO BE SUCCESSFUL BECAUSE OF THE BOATHOUSE. LAST, CONNECTING NEIGHBORHOODS.

OUR PROJECT HAS CONNECTIONS TO THE SUN RAIL.

WE'RE GOING TO BE PROVIDING IMPROVEMENTS TO SECOND STREET AND FISHERMAN'S WHARF. THE FPRA PLAN TALKS ABOUT POLICIES. THERE ARE SEVERAL POLICIES THAT WE BELIEVE THAT WE MEET FOR THIS PROJECT.

THE FIRST ONE IS SUPPORT AFFORDABLE ALTERNATIVES FOR AREAS OF HOUSING STOCK. WE ARE PROVIDING HOUSING.

WE ARE TRYING TO RETAIN THAT FOR DIRECTOR AND MARINE RELATED TYPE HOUSING. ACTIVATE THE WATERFRONT IN FISHERMAN'S WHARF. WE'VE SEEN THE PRESENTATION, WE DO HAVE THE SPACE FOR THAT. INCREASE PRIVATE SECTOR INVESTMENT, BUSINESS DEVELOPMENT WITHIN THE CRA.

THIS IS A PROVEN USE WITH FINANCING IN PLACE TODAY.

AND THEN CONNECT THE CRA'S CULTURAL AND ARTIST HUBS, DOWNTOWN FISHERMAN'S WHARF TO THE WATERFRONTS.

WE'RE PLANNING ON HAVING A CONNECTION TO THE SUN TRAIL AS WELL AS A WATER TAXI AND THEN AGAIN WITH THE IMPROVEMENTS ON INDIAN RIVER DRIVE AND FISHERMAN'S WHARF, WE WILL BE ADDING TO THE CONNECTION. I JUST WANTED TO SAY ONE MORE THING, THE ECONOMIC BASE, THE WAY THE CRA'S WORK, THE VALUE GOES UP, MORE MONEY. SO A SUCCESSFUL PROJECT, AS I SAID, SHOULD ALSO ADD TO THE OVERALL ECONOMIC BASE.

AND WE BELIEVE THIS PROJECT WILL.

ECONOMIC FEASIBILITY, WE WERE FORTUNATE ENOUGH TO HAVE ECONOMIC DEVELOPMENT COUNCIL, DO AN ECONOMIC IMPACT STUDY.

$26 MILLION A YEAR ANNUALLY BECAUSE OF THIS PROJECT.

PRETTY SUBSTANTIAL NUMBER. ALSO ABOUT 217 JOBS ASSOCIATED WITH THIS PROJECT. AGAIN, PRETTY GOOD NUMBERS FOR A PROJECT OF THIS SIZE. WE ARE FORTUNATE ENOUGH TO HAVE A QUOTE FROM MR. TESH, WE INCLUDED IT HERE IN THE PRESENTATION. THIS PLAN FITS THE CRITERIA AS LAID OUT IN THE FORT PIERCE MASTER PLAN, INCLUDING THE BOOSTING TAX BASE, ADDING JOBS, GIVING A BENEFIT TO THE RESIDENTS AND VISITORS OF THE CITY TO FORT PIERCE.

[01:15:01]

WE'RE THANKFUL TO THAT QUOTE AND BELIEVE THAT IS THE CASE.

NEXT IS THE FINANCING PLAN. I'LL HAVE CHRIS TALK A LITTLE

BIT ABOUT THAT. >> I'M GOING TO REITERATE WHAT BRAD SAID, I DON'T KNOW HOW AFTER TODD'S VIDEO, I AM SUPPOSED TO MAKE FINANCE SOUNDING EXCITING.

SHELLI ASSOCIATES, WE ACQUIRE FINANCING FOR LARGE PROJECTS FOR A LIVING. IN OUR REALM, THIS PROJECT IS DEEMED PRETTY SMALL. WE HAVE 100 PERCENT OF THE FINANCING IN PLACE. WE ARE FULLY FUNDED.

THAT IS NOT AN ISSUE. WE ARE READY TO HIT THE GROUND RUNNING. WITH THE FINANCING, ECONOMICALLY, THE BOATHOUSE, IT'S SO STRATEGIC.

YOU CAN SEE IN THE FINANCIAL WE GAVE YOU.

THE INCOME STREAM FROM THIS BOATHOUSE IS WHAT MAKES THIS PROJECT THRIVE. FRANKLY, WITHOUT IT, IT'S NOT A SUSTAINABLE PROJECT AND IT WOULD BE DIFFICULT TO FINANCE.

MEANING, IT DOESN'T MATTER IF IT'S THIS DEVELOPMENT, COMPETITOR'S DEVELOPMENT, OR SOMEONE ELSE'S, FOR THE AMOUNT OF LAND DOWN THERE, AND THE WAY THINGS ARE LAID OUT ON FISHERMAN'S WHARF YOU NEED AN ECONOMIC ENGINE TO FIRE THIS THING OFF. WE ORIGINALLY HAD OTHER VARIATIONS DONE. WE WERE TRYING TO COME UP WITH IDEAS. WE RAN A LOT OF MODELS ON THIS.

YOU WOULD BE AMAZED HOW MANY. WE RAN MODELS WITH OFFICES, CONDOS, HEAVY RETAIL. AND EVERY CPA INTERNAL TO US AND EXTERNAL WE UTILIZED IN OUR CONSULTING PROVED THE WORST WORDS, COMPLETE ECONOMIC FAILURE.

PERIOD END OF STORY. ONCE WE REALIZED WITH THE BOATHOUSE SPECIFICALLY HOW IT COULD BE AN AMENITY, WE DIDN'T WANT TO COMPETE WITH KINGS LANDING.

WE WERE GETTING THE PHONE CALLS, IT WAS IMPRESSIVE TO SEE HOW MANY PEOPLE WERE WILLING TO BUY CONDOS THERE AND THEY COULD KEEP THEIR BOATS HERE. THE SMALL RESIDENTIAL COMPONENT, WHICH WE HAVE IN THERE, IT'S NOT A COMPETITOR.

GREAT EXAMPLE, ALMOST HALF OF IT WANTS TO BE TAKEN UP RIGHT NOW BY A GUY THAT WANTS TO PUT A BOAT DEALERSHIP INSIDE OF OUR BUILDING. NOT EXTERNALLY.

HE IS NOT GOING TO BUY CONDOS FOR ROTATING EMPLOYEES TO COME DOWN HERE. AND CERTAINLY NOT GOING TO PUT PEOPLE UP FOR MONTHS ON END WITH A HOTEL.

THAT IS WHERE THE ANGLE WAS, PEOPLE UTILIZING OUR BUILDING TO SEND EMPLOYEES DOWN. THERE ARE PEOPLE THAT WOULD NOT BE BUYING 6 OR $700,000 CONDOS HERE.

I WANT TO BE CLEAR ABOUT THAT. THE BOATHOUSE AND THE ECONOMICS IT PRODUCES, IT'S PARAMOUNT TO MAKE THIS PROJECT THRIVE.

THANK GOD FOR US, I'M THE ONLY ONE THAT HAS ACCESS TO THE PATENTS ON THAT KIND OF TECHNOLOGY FOR THIS BOATHOUSE IN FORT PIERCE. AGAIN, IT'S THE HIGHEST HURRICANE RATED BOATHOUSE IN THE WORLD.

GOING TO HAVE THE MOST ADVANCED TECHNOLOGY.

BECAUSE OF THE GREEN FEATURES, WE'RE ABLE TO BRING IN WHAT THEY CALL A PACE LEVEL OF FINANCING, 20 PERCENT, BECAUSE OF THE GREEN FEATURES THAT WE HAVE, WIPE OUT WHAT WOULD BE MEZZANINE LEVEL OF FINANCING. IT'S ATTRACTIVE FOR THEM AND US THAT WE WERE ABLE TO DO THIS. IN TERMS OF ACQUISITION, YOU KNOW, WE HAD TO PROPOSE SOMETHING.

WE COULDN'T TALK TO ANYONE OBVIOUSLY WITH CITY OF STAFF, WITH THE CONE OF SILENCE, WE PROPOSED A LONG-TERM LEASE.

WE FEEL THAT WE CAN CERTAINLY WORK OUT A LONG-TERM LEASE WITH THE CITY. OUR LOCAL LEGAL COUNSEL IS LEE DOBBINS. I FEEL LIKE WE WILL BE ABLE TO WORK THAT OUT. WE'RE NOT RIGID IN THAT EITHER.

WE'RE HAPPY TO ENTERTAIN NEGOTIATIONS.

IF THE CITY PREFERS TO SELL THE LAND, WE'RE HAPPY TO GO DOWN THAT PATH. IF THEY PREFER A LONG-TERM LEASE, WE'RE HAPPY TO WORK THAT OUT AS WELL.

I KNOW IT CAME UP A FEW WEEKS AGO, IN TERMS OF ACQUIRING ADJACENT LAND OUTSIDE OF THIS RFP, WE EARLY ON STAYED COMPLETELY IN THE CONFINES AS THEY WERE LAID OUT.

I WANT TO MAKE IT VERY CLEAR, OUR PROJECT CAN BE 100 PERCENT DONE STAYING WITHIN THE CONFINES.

IT'S EASY FOR US TO DO. HOWEVER, WE HAD SOME REALLY POSITIVE DISCUSSIONS WITH SOME SURROUNDING LAND OWNERS THERE.

BECAUSE OF THAT, WE THOUGHT THE REALITY IS WE'VE GOT A GOOD PROJECT HERE. WE FELT WITH ADDING THE PARCELS, IT COULD BECOME AMAZING.

THAT IS WHY WE DID IT, BASED ON HOW POSITIVE THOSE DISCUSSIONS WENT. WITH THAT I'M GOING TO TURN IT OVER TO MIKE NOW. THANK YOU.

>> THANK YOU. >> GOOD MORNING, MICHAEL JOPLIN FOR THE RECORD. WE'RE GOING TO DIVE INTO SCHEDULING. WITH TODD DOING THE PLANNING AND BRAD AND ROB DOING THE ENGINEERING, WE FEEL LIKE WE HAVE A WORKING RELATIONSHIP WITH JENNIFER, JACK AND PAUL, AS IT WERE. SO WE'RE LOOKING AT DOING THIS, THERE IS MULTIPLE BUILDINGS ON THE SITE.

BUT WE'RE LOOKING AT DOING THIS IN ONE PHASE, APPROXIMATELY 12

[01:20:02]

TO 14 MONTHS IN CONSTRUCTION TIME.

OVERALL PLANNING, WE HAVE THAT. SO ACCESS, THERE WAS A COUPLE OF QUESTIONS THAT CAME UP ABOUT WATER DEPTH AND THE EXISTING BOAT RAMP, WE DON'T ACCEPT DOING ANY ADDITIONAL DREDGING OR ANYTHING. ENVIRONMENTAL SEAGRASS, THERE WILL BE STUDIES. WE HAVE A GENTLEMAN HERE TODAY, IF YOU HAVE ENVIRONMENTAL QUESTIONS, HE WILL BE ABLE TO ANSWER THOSE. WE'VE BEEN AROUND A LONG TIME.

SINCE 1940. WE'RE EXCITED IN WANTING TO PARTICIPATE IN THIS PROJECT. YOU KNOW, WE'VE DONE A LOT OF PROJECTS ON-SITE, SCHOOL CAMPUSES AND DIFFERENT THINGS LIKE THAT. SO WE'RE GOING TO KEEP 12A OPEN WHILE WE'RE UNDER CONSTRUCTION. SO OUR KNOWLEDGE OF WORKING ON EXISTING OCCUPIED SCHOOL CAMPUSES, DEALING WITH CHILDREN, AND STAFF AND SO FORTH, ALLOWS US TO MAKE SURE THAT WE DO THAT WITH NO ISSUES AND ALLOWING THAT BUSINESS TO CONTINUE AS WE'RE GOING ON WITH COMPLETING OUR WORK.

WE HAD HIS OFFICE AND THEY WERE STILL DOING EVERYTHING AT THE MARINA. WE DON'T HAVE ANY ISSUES IN THAT RESPECT. NOW, A LITTLE BIT ABOUT ADDITIONAL BENEFITS. FIRST OFF, I SPOKE TO JENNIFER CHAMBERS AT THE FIRE DEPARTMENT.

I KNOW A FEW OF YOU ARE ON THE BOARD OVER THERE.

THEY TALKED ABOUT STAGING FOR STORM EVENTS.

WE HAD PRELIMINARY DISCUSSIONS ABOUT TRYING TO USE THIS AS A BUILDING THAT THEY COULD STAGE IN AND GET OFF THE ISLAND.

WE'VE DONE THAT. ALSO WE TALKED ABOUT RECYCLED WATER. ENVIRONMENTAL CENTER THAT WE BUILT ON 25TH STREET, WE COLLECTED RAINWATER.

WE'RE LOOKING AT USING THE FILTRATION SYSTEM.

THE BOATS THAT COME IN, THEY GET RINSED.

WE RECLAIM THAT WATER. I'M GOING TO GO FAST NOW.

ELECTRIC CHARGING STATIONS ADDITIONAL BUSINESSES THAT WE'RE GOING TO SUPPORT LOCALLY, TAYLOR CREEK MARINA.

BRENDAN AND MATT DO SERVICE WORK ON MY BOAT PERSONALLY.

ALSO WORKING ON DEAN ON FUEL OVER AT THE MARINA.

ROCK IN THE WHARF. NOT TO COMPETE WITH FRIDAY FEST, BUT WE'RE LOOKING TO TRY TO HAVE AN ADDITIONAL EVENT DOWNTOWN AND SEE HOW WE CAN WORK TOGETHER.

THIS IS IN PRELIMINARY DISCUSSIONS AND STAGES, BUT WE'RE LOOKING TO TRY TO MAKE SURE THAT WE DO THAT.

KEEPING LOCAL JOBS LOCAL. AGAIN, WE STRIVE TO HAVE THE HIGHEST RATE OF PROJECTS AND LOCAL TAX DOLLARS STAY LOCAL.

SO WE'RE AROUND 95, 98 PERCENT OF A LOT OF OUR PROJECTS, MAKING SURE THAT ALL OF THE WORKERS STAY HERE LOCALLY.

WE USE BRETT FOR HEALTH INSURANCE.

I BUY A LOT OF FORDS FROM SUNRISE FORD.

MARY JO AND MIKE LIVE ON THE ISLAND.

ALSO CHARITIES, WE HAVE A LONG LIST.

IT'S HARD TO INCLUDE THAT. I'M RUNNING OUT OF TIME.

OKAY. SOME OTHER KEY POINTS, HOLD ON A SECOND. COUPLE OTHER KEY POINTS, WE DID TALK TO MR. JENKINS, MR. LEE, MR. MILLER.

WE'VE HAD THOSE DISCUSSIONS AS FAR AS INCLUDING THOSE OTHER PARCELS. BUT UNTIL WE GET THE CONTRACT WITH THE CITY AND KNOW WHAT WE CAN DO WITH THEM, IT'S HARD TO FIGURE THAT OUT. CONNECTIVITY, LINCOLN PARK COMMUNITY. LASTLY, COVID.

EVERYBODY KNOWS ABOUT THAT. WHAT IS ONE OF THE MAIN INDUSTRIES THAT ARE ACCELERATING RIGHT NOW? WE HAVE PURSUIT SELL, CONTENDER, WE'RE WORKING WITH.

THEY'RE COMING TO TOWN. GREAT AVENUE TO KEEP THIS GOING. THAT IS WHY THIS PROJECT REALLY WORKS WELL. SOME OTHER THINGS.

OTHER THAN THAT, I'M BUILDING A HOUSE.

I LOVE FORT PIERCE. TEN SECONDS TO GO.

QUESTIONS. >> VERY NICELY DONE.

COMMISSIONER PARONA, DO YOU WANT TO START LIKE YOU DID LAST

TIME? >> YOU WANT TO START WITH ME?

>> ANYBODY ELSE READY? >> I KNOW YOU'RE READY.

I'M GOING TO GO SECOND THIS TIME.

>> COMMISSIONER JOHNSON, WOULD YOU LIKE TO START?

>> NO ONE WANTS TO ASK YOU GUYS QUESTIONS.

>> I'LL START. THANK YOU FOR THE PRESENTATION.

I GREATLY APPRECIATE IT. I DID HAVE QUESTIONS ABOUT THE 18 UNITS. BUT I THOUGHT I HEARD AN EXPLANATION. GO BACK TO THAT AGAIN, THE 18 UNITS THERE. CAN YOU WALK ME BACK THROUGH THAT AGAIN, THE USE OF THAT. IS THAT ALSO, I'M TRYING TO GET SIZING AND SCOPE OF THAT AS WELL.

18 UNITS. >> YOU KNOW, AGAIN, IT'S CONCEPTUAL. SO WE WANTED TO INCLUDE THAT.

[01:25:01]

WE HEARD TIME AFTER TIME THAT IT WAS IMPORTANT TO SOME FOLKS IN THE COMMUNITY, AT THE SAME TIME, WE'RE LIVING HERE, LENDS TO A DIFFERENT PERSPECTIVE. WE'RE NOT TRYING TO COMPETE WITH OTHER RFPS IN KINGS LANDING.

WE'RE HAPPY TO DECREASE THE SIZE OF THOSE UNITS.

OUR MAIN PURPOSE FOR THOSE IS PEOPLE RELATED TO OUR BUILDING SPECIFICALLY. A TOPIC CAME UP, IT'S ONE OF THE LARGEST BOAT DEALERS AND HE WANTS TO RELOCATE A PRESENCE HERE. HE WOULD KEEP THE BOATS INSIDE OUR BUILDING. BUT HE WOULD NEED EMPLOYEES DOWN HERE TO PROMOTE AND SELL THOSE BOATS.

SOMEONE LIKE THAT IS NOT GOING TO GO BUY A $600,000 CONDO.

HE IS GOING TO HAVE A REVOLVING SYSTEM OF EMPLOYEES.

SO THAT IS WHERE IT'S VERY COMPLIMENTARY TO THAT.

>> LET ME ADD TO THIS, BECAUSE CHRIS IS GOING IN A CERTAIN DIRECTION. WHAT WAS IMPORTANT TO US WAS THE FINANCIALS. WE BROKE THIS DOWN TO BE ABLE TO LOOK AT THE SQUARE FOOTAGE OF THIS SITE AND BE ABLE TO COME UP WITH A NUMBER OF UNITS THAT COULD BECOME FEASIBLE.

I CREATED AN L SHAPED BUILDING, THREE STORIES OF RESIDENTIAL, FOUR STORIES. WENT BACK TO TWO STORIES.

WE KIND OF HAVE A STORY AND A HALF OF RESIDENTIAL IN THE TOTAL MIX. TOTAL SQUARE FOOTAGE OF THAT BROKE DOWN TO 18 UNITS, HALLWAYS, MECHANICAL EQUIPMENT.

WE ACTUALLY PLAYED WITH CONCEPTS THAT WOULD HAVE GARAGES ON THE NORTH SIDE OFF OF THE AREA.

IN THE END, WE FELT LIKE IT WAS BETTER TO HAVE THE PARKING AREA SET UP ON FISHERMAN'S WHARF, RATHER THAN GARAGES ON THE

FIRST FLOOR. >> WHERE WOULD YOU PARK FOR

THESE 18 UNITS? >> WE'VE ACTUALLY NOT ONLY FULLY PARKED ALL OF THE UNITS, BUT WE'VE ADDED ADDITIONAL SPACES AS YOU CAN SEE ON THE IMPROVEMENTS THERE

>> ANY OFFICE SPACE OR WORK SPACE IN THIS AREA? YOU MENTIONED OBVIOUSLY THIS BOAT BUILDER COMING DOWN TO DO THE WORK IN THE BOATHOUSE. PERHAPS BE THERE FOR 6 MONTHS, MAYBE A YEAR. ANY OFFICE SPACE, CONFERENCE

MEETING SPACE? >> CLUBHOUSE ON THE FAR LEFT SIDE OF THAT DIAGRAM THERE. WE BROKE DOWN THE SPACES ON THE RETAIL AREA TO BE ABLE TO CREATE ABOUT NINE RETAIL SPACES. THOSE RETAIL SPACES COULD OBVIOUSLY TAKE A VARIETY OF FORMS. BUT I THINK WHAT WAS IMPORTANT WAS TO THINK ABOUT THE MIX AND HOW YOU COULD CREATE SOMETHING THAT WORKED WITH FESTIVE RETAIL, AND ALSO WORKED WITH WHAT IS GOING ON WITH OUR NEIGHBORS TO THE NORTH AND WHEN YOU LOOK AT THIS AREA, IT'S IMPORTANT TO HAVE THE RIGHT MIX.

THERE IS A LOT OF OFFICE SPACE SITTING VACANT TODAY, ALL AROUND THE AREA. WE DON'T WANT TO GET INTO A COMPETITION FOR THAT AREA. WE WANT TO CREATE A SPECIFIC NICHE AREA THAT WORKS. I THINK THIS IS AN ECONOMIC ENGINE THAT WE WERE TRYING TO WORK ON.

>> LAST QUESTION, YOU MENTIONED THE WALKWAY OVER THE BOAT RAMP THAT COMES IN. PUBLIC BOAT RAMP.

I DON'T HAVE A LARGE VESSEL LIKE ONE OF MY FELLOW COMMISSIONERS UP HERE. I HAVE NOTHING.

SO LET'S PUT IT LIKE THAT. WHAT IS THAT CAP HEIGHT FOR

THAT? >> I'M GLAD YOU ASKED THAT.

WHAT WE DID IS MADE IT HIGH ENOUGH TO WORK FOR THE BOATHOUSE ITSELF. WHEN IT COMES TO THE ACTUAL BOAT RAMP IN THAT AREA, WHAT WE'VE NOTICED IS IF YOU TAKE A BOAT OUT OF THE WATER, AS COMMISSIONER JOHNSON DOES WEEKLY I'M SURE. WHEN HE GOES THROUGH THE PROCESS, WHAT DO YOU HAVE TO DO WHEN YOU TAKE THE BOAT OUT ON THE ROAD, MEET DOT BRIDGE HEIGHTS.

BECAUSE YOU CAN'T TAKE SOMETHING THAT YOU'RE GOING TO HIT EVERY BRIDGE IN TOWN. AS A RESULT WE MADE SURE THAT NOT ONLY DID WE HIT THAT LEVEL, BUT WE WENT HIGHER.

18 FEET WITH THAT ACTUAL PEDESTRIAN ELEVATED WALKWAY.

>> THANK YOU. COMMISSIONER PARONA, YOU WANT

TO GO SECOND? >> YEAH.

I DO. THANK YOU.

ALL RIGHT. I'VE GOT THREE QUESTIONS.

SO LET'S TALK ABOUT THE BOATHOUSE.

SOME OF THE COMMENTS THAT I'VE HEARD FROM THE PUBLIC IS YOU KNOW WE GOT THE ARCHITECTURAL DESIGN AND WHAT IT LOOKS LIKE AND FROM THE INTERNALLY, IT LOOKS REALLY GREAT.

IT LOOKS LIKE A RESIDENTIAL NICE BUILDING.

BUT FROM THE VIEW LINE OF SEA WAY AND INDIAN RIVER DRIVE, WHAT ARE WE LOOKING AT? WHAT DOES IT LOOK LIKE?

>> IF WE HIT THAT LAST THING ON THE VIDEO

>> I DIDN'T GET THAT PART OF IT.

I GOT THE EAST END, I GOT THE NORTH END

>> OKAY. >> I WANT TO KNOW WHAT THE

SOUTH END LOOKS LIKE. >> OKAY.

SO THE SOUTH END LOOKS JUST LIKE THIS.

AS WHAT YOU'LL SEE HERE. THE ARCHITECTURE MATCHES ALL THE WAY AROUND THE BUILDING EXCEPT FOR THAT EAST END WHICH HAS THAT LARGE OPENING. WHAT IS NEEDED ON THIS NORTH, THIS IS A VIEW, IF YOU'RE AT THE BUILDING, WE'RE LOOKING SOUTH TOWARDS THE BUILDING, BUT YOU'RE TALKING ABOUT IF YOU'RE ON COA DRIVE, THESE DOORS, SPLITS IN THE MIDDLE.

IT HAS THE MOST COOL UNIQUE FEATURE WITH THAT.

BUT THAT DOOR IS ACTUALLY RARELY USED.

[01:30:02]

IT'S ONLY USED AT TIME WHEN A HURRICANE EVENT OR SOMETHING IS HAPPENING, THEY NEED TO COME AND BRING BOATS IN TO THE BUILDING. THEY GO INTO AN AUTOMAED SYSTEM. THIS IS NOT HAVING A CRANE INSIDE OR A FORKLIFT THAT IS LIFTING UP.

THIS IS A FULLY AUTOMATED SYSTEM, PICKS UP YOUR BOAT, WASHES THE BOAT. EVERYTHING IS SET AND PLACED INTO ONE OF THE CARRIAGE RACKS INSIDE THAT BUILDING.

WE MADE SURE WE DID 360 DEGREE ARCHITECTURE ALL THE WAY AROUND. WE ACTUALLY HAVE A FULL MODEL AND CAN SHOW YOU, THIS IS ALL FULLY TO SCALE.

NOT ONE THING IS DISTORTED, STRETCHED, MANIPULATED AT ALL FOR THIS. WE WANTED TO MAKE SURE THAT WE ARE 100 PERCENT ACCURATE WITH OUR DEPICTION HOW WE DID THIS.

WE CAN CREATE IMAGES FROM ANY ANGLE FROM ANY HEIGHT, FOR ANY FUTURE PRESENTATION THAT YOU MAY DESIRE.

BECAUSE THE MODEL IS ALREADY THERE.

I HAVE THE MODEL IN PLACE. >> IT IS A GATEWAY, AND FOLKS WERE CONCERNED ABOUT HAVING THIS BIG LIKE A BUTLER BUILDING SITTING ON THE CORNER THERE. IT'S JUST NOT ANYTHING THAT WOULD INTRODUCE YOU TO THE FUN PART OF FORT PIERCE.

>> WE SENT MIKE ON A SCAVENGER TRIP IN PINELLAS COUNTY.

IF YOU'VE EVER BEEN TO THEIR FESTIVAL, YOU WILL SEE THEY HAVE A BUILDING THAT LOOKS JUST LIKE THIS, IN A WAY, IT HAS SIMILAR SCALE AND IT ACTUALLY IS WHAT THEY'RE COVERING AS THEIR PARKING GARAGE. SO THEY HAVE SOME RETAIL ON THEIR BUILDING, AS WELL THEY HAVE IT WRAPPED WITH A SKIN THAT GIVES IT THAT LOOK AND FEEL.

WE SPENT A LOT OF TIME STUDYING PROJECTS ALL OVER.

THAT WAS ONE THAT HAD A FAMILIARITY TO IT.

BECAUSE IT'S RIGHT ON THE BRIDGE, GOING UP THERE IN

PINELLAS COUNTY AT JOHNS PASS. >> NUMBER 2.

I DON'T DO WELL WHEN I'M RUSHED, BY THE WAY.

>> YOUR ANSWERS MAY NEED TO BE SHORTER.

BECAUSE WE HAVE ONLY SO MUCH TIME.

>> MR. SHELLI SAYS 100 PERCENT, THIS THING COULD BE 100 PERCENT DONE WITH JUST THE PROPERTY THAT WAS INTRODUCED IN THE RFP.

OKAY. I HEARD THAT.

BUT EVERY TIME I START LOOKING AT THE PLAN, I AM IN OTHER AREAS. AND SO LET'S JUST TAKE A LOOK AT IT FROM THAT PERSPECTIVE. LET'S ELIMINATE ALL OF THE PARCELS. WE LOST 58 PARKING SPOTS.

WE ADDED TWO MORE RESTAURANTS. AND YOU KNOW, DO WE HAVE ENOUGH PARKING FOR, IS IT THREE RESTAURANTS? STATE OF THE ART BOATHOUSE. AND A FESTIVE WATERFRONT.

SO WE GO FROM 132 PARKING SPOTS TO 74.

AND I'M JUST SAYING, I WANT TO HEAR YOUR RESPONSE TO THAT.

BECAUSE YOU KNOW, I WOULD LIKE TO THINK THAT ALL OF THOSE PARCELS ARE AVAILABLE FOR THIS PROJECT TO WORK.

>> LET ME JUST JUMP RIGHT IN AND HELP.

RIGHT NOW WE'RE ADDING PARKING, 40 SPACES RIGHT DOWN THE STREET. WE'RE TAKING THE COUNTY'S PARKING LOT, A FREE FOR ALL, WE'RE PROVIDING 58 IN THAT PARTICULAR AREA. THAT IS IMPROVING THE COUNTY.

O WE'RE DOING THAT AS A GIF TO THIS PROJECT.

NOW IF YOU LOOK AT WHAT IS LEFT, JENKINS PIECE, WE'RE SHOWING ADDITIONAL PARKING THERE.

BUT WE'RE ALSO TAKING LARRY LEE'S PIECE AND PUTTING STORMWATER IN THAT AREA. THOSE ELEMENTS CAN EASILY BE COMBINED INTO OUR PROJECT. ALL WE HAD WAS PART OF A POOL, STORMWATER RETENTION, 16 PARKING SPACES GOING ON.

YOUR CURRENT BOAT RAMP AREA HAS 11 SPACE BOAT STORAGE AREA AND THEN A COUPLE OF SPACES UP BY 12A.

A MASSIVE SEA OF ASPHALT WITH VERY LITTLE PUBLIC PURPOSE.

WE WERE ABLE TO DO THAT. AND COUNTY PEDESTRIAN CONNECTION, TO THE WEST, WHICH IS SOMETHING THAT YOU DON'T HAVE TODAY. WE'RE SHOWING FURTHER CONNECTIVITY TO WHAT IS EXISTING BUT WHAT NEEDS TO BE ENHANCED. RIGHT NOW WE HAVE A SEPARATE THING GOING ON WITH IMPROVEMENT OF A BOAT RAMP.

WITH NO RELATIONSHIP TO WHAT EVERYBODY ELSE IS DOING.

FISHERMAN'S WHARF THAT IS SUPPOSEDLY ABOUT TO BE IMPROVED. NO RELATIONSHIP TO ANYBODY ELSE DOING WORK. WE NEED A MASTER PLAN THAT SAYS HERE IS HOW WE'RE DOING IT. AND WE'RE GIVING IT TO YOU RIGHT NOW. WE'RE SAYING HERE IS HOW YOU DO IT. PUT ALL OF THE PRIVATE MONEY TOGETHER FOR A TRUE PUBLIC PARTNERSHIP.

>> SO YOU HAVE A BOAT STORAGE, I IMAGINE A BIG FORKLIFT.

>> NO. THIS IS FULLY AUTOMATED.

ONLY ONE IN THE WORLD. NO FORKLIFTS.

>> NO BIG NOISE. >> NOT AT ALL.

THIS IS THE MOST AUTOMATED SYSTEM

>> WATCH THE VIDEO. THERE IS A VIDEO.

>> OKAY. SO YOU'VE GOT THAT GOING ON.

THERE ARE SO MANY COMPETING USES GOING ON IN SMALL PARCELS

[01:35:01]

RIGHT HERE. I'M JUST WONDERING HOW THE ACTIVITY, HOW YOU SEE THAT ACTIVITY WORKING ON A DAILY

BASIS. >> YOU DON'T HAVE COMPETING USES AT ALL. YOU HAVE A BOATHOUSE, COMPLIMENTARY WORKING WITH THE RESTAURANTS AND FEEDING THAT AREA. YOU WILL HAVE PEOPLE GOING TO GET THEIR BOAT PULLED OUT FRONT AND UTILIZING RESTAURANTS TO BRING FOOD AND STUFF OUT. UTILIZING YOUR LOCAL MARINA TO GET ALL OF YOUR FUEL SOURCES FOR THAT.

TRYING TO CREATE RESIDENTIAL UNITS, ALREADY SET UP WITH DIR DIR DIRECTOR. I'LL LET CHRIS FINISH.

>> IT'S ACTUALLY AN OVERHEAD BRIDGE CRANE.

IT'S FULLY AUTOMATED. NO NOISE, NO POLLUTION.

IT'S THE COMPLETE OPPOSITE OF YOUR STANDARD FORKLIFT

OPERATION >> COMMISSIONER J JOHNSON.

>> YES OR NO, BE BRIEF. BECAUSE I THINK YOU ALREADY ANSWERED IT, IF THE OTHER PARCELS DIDN'T COME INTO PLAY, COULD YOU STILL MAINTAIN YOUR STORMWATER QUALITY.

>> WE CAN. IN FACT, WE'VE SPENT A BUNCH OF

TIME MODELLING IT. >> IMPORTANT FACTOR HERE.

I KNOW THERE ARE FOLKS OUT THERE THAT IT'S IMPORTANT TO.

BUT I TALK ABOUT IT ALL OF THE TIME.

SO LET'S TALK ABOUT FINANCES. WHAT IS THE TIME FRAME FOR THE LAND LEASE? JUST SPELL OUT THE FINANCES FOR ME AS FAR AS THE LEASE ITSELF. QUICK.

>> YOU KNOW, AGAIN, WE HAVEN'T HAD THE OPPORTUNITY TO HAVE ANY DISCUSSIONS. WE'RE HAPPY WITH THE PURCHASE

OR A LONG-TERM LAND LEASE. >> WHAT IS LONG TERM TO YOU?

>> BECAUSE IT'S PROBABLY DIFFERENT FOR ME.

>> I THINK IT WOULD HAVE TO BE 50 PLUS.

>> THANK YOU. AND YOU HAD A SLIDE ON HERE, BUT YOU DIDN'T TOUCH ON IT TOO MUCH.

I WOULD LIKE FOR YOU TO. YOUR PREVIOUS PROJECTS.

I THINK YOU HAD A SLIDE IN THERE THAT LISTED A BULLET POINT LIST AT THE BOTTOM. ARE THOSE PROJECTS RELATED TO

THE WATERFRONT? >> YOU KNOW, WE HAVE HAD SEVERAL THAT HAVE BEEN RELATED. I THINK YOU USED THE PICTURE, THIS WAS A RESORT MARINA AND HOTEL UP IN, THAT IS ACTUALLY WAY UP STATE IN UPSTATE NEW YORK.

THAT IS A PROJECT THAT WE DID. WE DID THE FINANCING ON THAT THREE SEPARATE TIMES FOR THREE SEPARATE OWNERS.

WE HAVE HAD EXPERIENCE DOING THESE TYPES OF PROJECTS.

>> THANK YOU. >> ALL RIGHT.

SO I DID WATCH THE VIDEO OF HOW THE BOATHOUSE OPERATES.

ABSOLUTELY FASCINATING. YEAH.

I THINK YOU HAVE ONE IN NORTH CAROLINA, ONE IN FT.

LAUDERDALE. IT'S PRIVILEGED, I MEAN, IT'S A CERTAIN KIND OF MECHANISM THAT IS PATENTED AND VERY -- I DIDN'T REALIZE THE IMPORTANCE OF WHAT YOU WERE SAYING UNTIL I HEARD FROM MR. SHELLI THE IMPORTANCE OF THAT BOATHOUSE.

BECAUSE A LOT OF PEOPLE TALKED ABOUT HAVING A BOATHOUSE IN THAT AREA BEFORE THAT WAS ACTUALLY BLOWN DOWN I THINK BY A HURRICANE AT ONE TIME. SO ANYWAY, I APPRECIATE THAT.

AND I TOO WONDERED ABOUT HOW IT COULD WORK WITHOUT THE ADDITIONAL PARCELS. SO YOU HAVE ANSWERED THAT QUESTION. SO I'LL LET ANYBODY ELSE FOLLOW

UP. >> CAN I DOVETAIL ON THAT.

I THINK WE'RE MISSING THE POINT WITH THIS, IT'S A COMPACT SITE.

WE'RE ALREADY LIMITED TO SOME DEGREE.

SOUNDS LIKE WE HAVE CONCERNS WITH THE WAY THAT WE'RE DOING IT, WE DON'T HAVE THAT FORKLIFT.

THAT IS THE NORMAL WAY, WHICH YOU NORMALLY SEE AND SO FORTH.

SO THE BENEFIT IS, YOU KNOW, YOU GET THIS NEW TECHNOLOGY AND THE WAY THAT WE'RE DOING IT AND SO FORTH.

SO YOU GET MORE WITH IT. I JUST WANT TO MAKE SURE THAT THAT IS NOT POINT WASN'T MISSED.

TAYLOR CREEK HAS IT AS WELL. WE DO THIS ON A COMPACT SITE.

THAT WAY WE CAN HAVE A LOT OF THE OTHER FUNCTIONS WANTED WITH THE DIFFERENT THINGS THAT PEOPLE WANT.

PUBLIC OPEN SPACE AND DIFFERENT THINGS LIKE THAT.

JUST WANTED TO TOUCH ON THAT FOR A MINUTE.

>> TO FINALIZE THAT POINT, THOUGH, YOU TAKE A LOOK AT ALL OF THIS AND YOU'RE SITTING IN THE PARKING LOT, LOOKING AROUND, GOING HOW DOES ALL OF THIS STUFF WORK.

BUT IT DOES. I UNDERSTAND THAT.

>> NO OUTDOOR STORAGE AT ALL. NOTHING IS OUTSIDE.

YOU TAKE YOUR BOAT IN THROUGH AN OPENING, LIKE ITS OWN CANAL

INTO THE BUILDING. >> 300 PLUS BOATS, RIGHT?

>> ALL RIGHT. I NEED TO ASK A QUESTION I ASKED BEFORE TO THE OTHER PROPOSER.

AND IT'S IN CONCERN FOR FISHERMAN'S WHARF, THE ROADWAY IN THE BACK. I SEE THAT YOU HAVE 40 PARKING SPOTS THERE, YOU PUT IN A ROUND-ABOUT.

I WOULD LIKE SOMEBODY TO BE ABLE TO EXPLAIN WHAT YOU'RE IN RIGHT-OF-WAY, HOW DOES IT WORK, HOW DOES IT FUNCTION WITH RELATIONSHIP TO THE PORT AND ALL OF THE OTHER USES BACK

[01:40:02]

THERE. >> CURRENTLY FISHERMAN'S WHARF IS ACTUALLY MUCH LARGER THAN YOUR TYPICAL ROADWAY.

NOT ONLY IS IT PAVED LARGER, BUT THE RIGHT-OF-WAY IS SIGNIFICANT IN THAT AREA. WHAT WE'RE SHOWING IS BEING ABLE TO TAKE A PORTION OF THE RIGHT-OF-WAY AND PAVING THE PERPENDICULAR PARKING SPACES. IT ALLOWS FOR INDUSTRIAL TYPE ACTIVITY TO TRAVEL EAST AND WEST.

WE CREATED A UNIQUE CONCEPT, DOUBLE EYEBROW ROUND-ABOUT.

ALLOWS FOR TRAFFIC TO CONTINUE EAST-WEST TO WHATEVER MAY HAPPEN WITH DIRECTOR, ON TO THEIR SITE, FOR TRAFFIC COMING IN THAT WANTS TO GO IN TO THE RESTAURANT, THEY'RE ABLE TO PULL IN SAFELY IN TO THE AREA. FOR ANYBODY THAT IS WANTING TO LOOP BACK AROUND, THEY EXTEND BACK OUT.

GOING TO BE UNIQUE COOL DESIGN FOR THAT AREA.

BUT THE SPACE THAT IS THERE, IS LARGER THAN ANY OF YOUR CURRENT PUBLIC STREETS. AND THAT IS WHAT WAS SO BEAUTIFUL, IT'S ALREADY EXISTING IN THE SIGNIFICANT

>> PROBABLY FIRST TIME EVER IT'S AVAILABLE.

>> SCHEDULE. WE BRIEFED OVER THE SCHEDULE.

CAN YOU GIVE ME AN OVERALL SNAPSHOT, WHAT IS THE END DATE

OF WHEN WE HAVE AN OPENING? >> AS QUICKLY AS YOU'RE ABLE TO GET THINGS SET ON THE LEGAL SIDE WITH THE AGREEMENTS ON THAT. THESE GUYS ALREADY HAVE THE FINANCING IN PLACE. WE'RE NOT WAITING ON GETTING FINANCING. SO THAT WAS IMPORTANT.

MIKE SAID WAS OUT THERE THIS MORNING, STARTED WITH A SHOVEL.

I TRIED TO GET HIM TO STOP, BUT HE DIDN'T WANT TO.

>> SO WE'RE TALKING ABOUT WHEN WE START BUILDING PERMIT PROCESS, CONSTRUCTION TIME? THAT IS THE NEXT QUESTION.

>> THIS IS WHAT IS AS FAR AS PRE-CONSTRUCTION, AS FAR AS GETTING YOUR PERMITS AND STUFF, BRAD AND EDC, HE CAN COME UP AND TALK MORE, BUT HE DEVELOPED THIS SCHEDULE AND SO FORTH.

SO THE MAIN GOAL IS THAT WE'RE GOING TO GO AS QUICKLY AS WE CAN. THAT IS THE GOAL.

WHEN WE LEAVE HERE, IT'S NOT ANY ROAD BUMPS, MAINLY GETTING THE AGREEMENTS DONE. AS SOON AS IT'S DONE, WE'RE READY TO GO. I BELIEVE MR. SHELLI HAS ALREADY SPENT QUITE A BIT WHAT WE'RE PRESENTING TODAY.

START THE PROCESS IMMEDIATELY AS FAR AS FUNDS BEING GIVEN TO DESIGN PROFESSIONALS AND MOVING FORWARD.

>> I HAVE ONE MORE QUESTION ABOUT THE 18 UNITS.

YOU INTEND TO SELL THOSE, RIGHT?

PEOPLE ARE GOING TO BUY THOSE? >> THESE WERE SET UP AS LONG TERM -- THESE ARE NOT SHORT-TERM RENTALS THAT WAS IMPORTANT. WE'RE NOT COMPETING AND CREATING SHORT-TERM RENTAL UNITS.

>> RENTAL UNITS, BUT THEY'RE GOING TO BE CONSIDERED HIGH END

FOR WATERFRONT? >> GOING TO BE CONSIDERED -- 1400 SQUARE FOOT. 1500 SQUARE FEET UNITS.

18 OF THESE. THESE ARE NOT 800 SQUARE FOOT.

IT'S NOT LIKE THE SIZE OF A LITTLE HOTEL ROOM THAT YOU'RE GETTING. THESE ARE NICE UNITS THAT WOULD PROBABLY BE ABLE TO BE SET UP WITH KITCHEN AND WHATNOT.

>> SOMEBODY WOULD HAVE TO BE THE RENTAL AGENCY?

>> YOU'RE ONLY TALKING 18 UNITS FOR THIS.

SO WE'RE NOT TALKING ABOUT A SIGNIFICANT NUMBER.

HAVE TO HAVE A MANAGEMENT COMPANY IN PLACE YES.

>> ANY OTHER QUESTIONS? WHAT IS OUR TIME, MIRIAM?

>> WE HAVE FIVE MINUTES LEFT >> WHY WERE WE RUSHING?

I DON'T KNOW. >> CAN I GO BACK TO A QUESTION THAT SOMEBODY DID ASK. I WANTED TO ANSWER ABOUT 300 BOATS. WE'RE SETTING THIS UP IN A WAY THAT IF YOU HAD A STANDARD COOKIE, WHICH MINE IS CHOCOLATE CHIP. BUT IF YOU HAD AN OREO, DIMENSION AND SIZE, WE'LL HAVE APPROXIMATELY 300, BUT WE'RE GOING TO ALLOW FOR FLEXIBILITY. SO IF YOU HAVE A DIFFERENT SIZED BOAT, YOU WERE ASKING ABOUT THE HEIGHT GOING UNDER AND SO FORTH LIKE THAT. WE HAVE THOSE TYPE INSTANCES, WE'LL TAKE AND MODIFY THE INTERIOR.

300 IS A BIG NUMBER. BUT MORE THAN LIKELY, WITH SOME OF THE BOATS COMING IN, THAT WILL BE REDUCED.

>> WILL YOU HAVE THE SAME KIND OF SERVICES THAT I SAW IN THE

VIDEOS? >> BASICALLY IF YOU LOOK AND YOU WILL SEE A BULLET ON THE SCREEN, LOWER LEFT, YOU KNOW, VALET ENTRANCE. SO YOU KNOW, THAT IS THE DEAL.

WE'RE TRYING TO MAKE IT FULL SERVICE SO THAT WHEN THEY COME IN, THAT IS THE REASON I MENTIONED ABOUT THE FUEL, THE REASON I MENTIONED ABOUT THE SERVICE, WE'RE NOT DOING THAT HERE. AND THERE IS OTHER PEOPLE THAT ARE GOING TO BENEFIT WITH WHAT WE'RE PROVIDING.

AGAIN, WITH THE RESTAURANTS, YOU KNOW, SOMEBODY HAS COME AND SAID HEY, WANT ICE, DRINK, FOOD, ET CETERA ON THE BOAT.

THEY GET IN IT, THEY COME BACK AND GET IN THEIR CARS AND GO HOME. THEY'RE GOING TO HAVE A LITTLE CLUBHOUSE, IF YOU GO IN TO DIFFERENT THINGS LIKE THAT, YOU COME IN, YOU'RE WAITING AND SO FORTH.

GOT THE KIDS THERE ET CETERA. IT'S SOMETHING THAT WE HAVEN'T

[01:45:01]

SEEN AROUND HERE, BUT IT'S SOMETHING THAT THIS IS WHAT

WE'RE GOING TO PROVIDE. >> WOW.

>> I LIKE WOW. >> QUESTION, MAYOR.

SO I SEE THIS, YOU'RE ADDING AN ADDITIONAL FOUNTAIN POND OVER THERE, RIGHT? IS THAT CORRECT?

>> THAT IS THE STORMWATER RETENTION.

>> STORMWATER RETENTION. FOUNTAIN POND.

SO THAT IS GOING TO BE MAINTAINED TO THE POINT THAT IT DOESN'T LOOK LIKE THE CURRENT POND THAT IS THERE, IT LOOKS KIND OF DRIED UP. IS THAT A WATER FEATURE SYSTEM THAT YOU'RE PUTTING IN THERE TO KIND OF KEEP THAT?

>> STORMWATER IS AN IMPORTANT PART OF ANY PROJECT.

I HAVE TO SPEAK FOR THAT COUNTY POND THAT WAS THERE.

I WAS 100 PERCENT OPPOSED TO THAT POND BEING PUT IN THE FIRST PLACE WHEN THAT CAME IN PLACE.PL THEY SET IT UP WITH, YOU SEE THE BARRIERS THAT THEY HAVE IN PLACE, BECAUSE THEY WERE TRYING TO LOOK AT THE ATTENUATION THAT THEY WERE TRYING TO CAPTURE BEFORE IT WAS DISCHARGED.

IT DISCHARGES DIRECTLY INTO THE LAGOON.

THIS ENTIRE SYSTEM COULD ACTUALLY BE REVAMPED.

THERE IS NO REASON WHY WE COULDN'T CREATE ONE LARGER POND AND REDESIGN THE ENTIRE THING. ANY TYPICAL STORMWATER POND TODAY, WE'RE TRYING TO MAKE MUCH MORE AMENITIES BY PUTTING IN THE WORKING FOUNTAINS THAT YOU SEE.

WE TALKED ABOUT CREATING A WALKING TRAIL AND STUFF AROUND IT. IN THE END, WE SAID LET'S SORT OF THE KISS PRINCIPLE, KEEP IT SIMPLE.

BECAUSE AT SOME POINT, SINCE WE COULDN'T TALK TO CITY STAFF, WE NEEDED TO TALK ABOUT THESE ELEMENTS TO SAY HOW CAN WE GET EVERYBODY WORKING TOGETHER, HOW DO WE IMPROVE THIS.

THE WATERFRONT IS VALUABLE. YOU WOULD RATHER PUSH THINGS ELSEWHERE. MAYOR, TO YOUR CREDIT, WHEN YOU LOOKED AT WHAT WAS GOING ON IN FT. LAUDERDALE, IF YOU PULL IN THE GOOGLE EARTH IMAGE, LOOK AT THE MARINA, YOU WILL SEE, LITERALLY SIX FEET AWAY, THEY HAVE ABOUT A SEVEN-STORY HIGH RISE RESIDENTIAL, BEAUTIFUL GORGEOUS, POOL AND THE WHOLE WORKS. IT'S ALL FUNCTIONING.

AND THEN ON THE BACK SIDE, SOUTH SIDE, THEY ACTUALLY HAVE RETAIL AND THINGS HAPPENING. THEIR SITE, YOU TALK ABOUT DENSE, THAT IS FT. LAUDERDALE, WE'RE FORT PIERCE, WE'RE UNIQUELY FORT PIERCE. WE FEEL LIKE WE'RE SO WIDE OPEN COMPARED TO WHAT THEY HAVE DONE ELSEWHERE.

>> ONE OTHER THING, I KNOW IT'S OPEN Q&A, SO I'VE GOT A QUESTION FOR YOU FOLKS. WE WANT SOME FEEDBACK, ESPECIALLY AT YOUR LEVEL. SO I MEAN, AT THE CONCLUSION OF THIS, YOU GUYS VOTE AND HOPEFULLY WE'RE SUCCESSFUL.

YOU KNOW, WE WOULD LIKE THAT. NOT ONLY FROM A STAFF LEVEL, BUT ALSO FROM YOUR INPUT AS WELL.

BECAUSE THIS IS CONCEPTUAL. WE KNOW THAT WE'VE GOT GIVE AND TAKE. SURVEYS THAT HAVE TO BE DONE.

AND WE'VE GOT TWEAKS TO DO. THIS IS JUST THE FIRST GLANCE AT IT. I DON'T WANT ANYBODY TO SAY THIS IS IT. THIS IS PRETTY CLOSE, BUT THIS IS NOT THE FINAL SUBMISSION. THAT WILL BE COMING BACK TO YOU

EVENTUALLY AS WELL. >> I DON'T WANT TO END ON THIS BUT IT'S SOMETHING THAT IS THERE.

WE DO SEE A PUBLIC RESTROOM GOING AWAY, RIGHT THERE WHERE THE BOATHOUSEUSC-JJSC1029

>> IN A MINUTE. I JUST WANT TO MAKE SURE THAT YOU KNOW HOW TO RESPOND TO THAT?

>> VERY SIMPLY. THE LIGHTHOUSE TOWER.

OBSERVATION, UP AND DOWN, BUT RESTROOMS IN THE BOTTOM OF THAT

VERY SIMPLY. >> THANK YOU VERY MUCH.

IT IS THAT TIME. WE APPRECIATE IT.

PACKED A LOT IN IT. SO NOW WE ARE HAVING TIME FOR PUBLIC COMMENT. SO I THINK ÃYES, PLEASE.

WE WILL WAIT UNTIL THE OTHERS ARE NOTIFIED.

SO THEY CAN ÃTHIS CHAMBER IS GOING TO GET PRETTY FULL.

SO YOU WILL BE ABLE TO HEAR, THE PUBLIC COMMENT AND HEAR WHAT IS GOING ON IF YOU STAND OUTSIDE.O JUST TO REALIZE THAT. I WILL JUST WAIT A FEW MINUTES AND GIVE THE OTHER GROUP ÃI DON'T WANT ANYBODY TO MESS ANYTHING THAT THEY WANT TO HEAR.

[01:50:07]

>> YOU WILL BE ABLE TO HEAR OUTSIDE THE CHAMBER.

HE WILL BE ABLE TO COME IN AND MAKE PUBLIC COMMENT.

SO IF YOU DO NOT WANT TO LINE UP, THE FIRE DISTRICT DOES NOT LIKE THAT. DOES NOT LIKE US TO ALLOW THAT.

IF YOU EITHER FIND A SEAT OR LESSON OUTSIDE AND COME IN THAT WOULD BE REALLY GREAT. OKAY.

[6. COMMENTS FROM THE PUBLIC Any person who wishes to comment on any subject on this agenda may be heard at this time. Please limit your comments to three (3) minutes or less, as directed by the Chairperson, as this section of the Agenda is limited to fifteen minutes. The FPRA Board will not be able to take any official actions under Comments from the Public. Speakers will address the Chairperson, Board Members, and the Public with respect. Inappropriate language will not be tolerated. Sign-up sheet is located in the lobby. ]

DO YOU WANT TO ANNOUNCE WITH THE NEXT?

>> THE NEXT ITEM COMMENTS FROM THE PUBLIC.

>> THANK YOU VERY MUCH. THE TIME FOR THE PUBLIC TO SPEAK. THREE MINUTES.

A WARNING TONE AT TWO SECONDS. >> THREE SECONDS.

>> WHEN YOU COME TO THE PODIUM PLEASE STATE YOUR NAME AND ADDRESS. WHO WOULD LIKE TO BE FIRST?

PLEASE COME FORWARD. >> YOU HAVE A JOB, I KNOW.

>> I AM NOT 116 NORTH SECOND STREET.

SO I JUST, I AM PULLING UP MY NOTES THAT I JUST TALK.

>> OKAY. >> SO MY BIGGEST CONCERN IS HOW TO CONNECT TO THE DOWNTOWN BUSINESSES.

RIGHT. SO IT SEEMS LIKE THE OFFICE AMERICA GROUP HAS, DOING WHAT WE ALREADY HAVE, THE MARKET.

THEY HAVE A LOT OF THE SMALL BUSINESSES.UT I DON'T REALLY SEE HOW THEY'RE GOING TO CONNECT 90 BANK BUSINESSES DOWNTOWN. OR TO BRING PEOPLE DOWNTOWN REALLY. KEEP THAT FLOW GOING.

BECAUSE THE PROPERTY IS ALL-INCLUSIVE.