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Lynn Haven approves 30-year development agreement with Marina Island LLC
Summary
The City Commission adopted a resolution approving a 30-year development agreement with Marina Island LLC for roughly 139 acres near the terminus of 10th Street, authorizing mixed residential, commercial, recreational and marina uses and establishing maximum heights, densities and timelines for infrastructure build-out.
The Lynn Haven City Commission voted to approve a development agreement with Marina Island LLC that secures the developer’s entitlement for a mix of residential, commercial, recreational and marina uses on roughly 139 acres at the terminus of 10th Street.
The agreement, read into the record as a resolution, establishes a 30-year term, maximum height, density and intensity limits and timelines for infrastructure and public facilities required for the project. The commission accepted the resolution after a public hearing and a motion to approve; the motion passed with all commissioners voting yes.
Why it matters: The agreement locks in development entitlements for three decades and directs how and when the developer will build required…
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