City plans ambitious CRA expansion amid county opposition

In a recent government meeting, officials discussed the expansion of the Community Redevelopment Agency (CRA) district, which aims to enhance the area across Highway 27, including the former Winter Haven Corporation property. The initiative is positioned as a significant opportunity for community growth and beautification, with the expectation that it will generate additional revenue for the city.

Despite the potential benefits, the county has expressed opposition to the expansion, viewing it as a financial encroachment on their resources. Mediation attempts between the city and county were unsuccessful, leading city officials to prepare for possible legal challenges. The city has engaged Cliff Shepherd, a prominent attorney specializing in redevelopment law, to navigate these complexities.

City representatives emphasized that the CRA funds, derived from tax increments, are intended for redevelopment projects that benefit both the city and the county. They argued that the expansion should be viewed as a collaborative effort rather than a unilateral decision. To address concerns about funding allocation, officials proposed adjusting the capital improvement budget to reflect a more equitable distribution of costs between the city and county.

Additionally, the meeting highlighted the anticipated arrival of $22.9 million in federal funds, part of a broader initiative to showcase effective redevelopment projects across the nation. Lake Wales has been recognized as a model for such efforts, thanks to its award-winning Lake Wales Connected plan. The influx of funds is expected to significantly enhance property values in the CRA district, potentially doubling the initial investment over time.

As the city moves forward with its plans, officials remain committed to ensuring that redevelopment efforts serve as a source of inspiration for other communities, while also addressing the financial and collaborative concerns raised by the county.