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Panama City CRA negotiates with Sankofa Group for Glenwood Town Center; community input, timeline set for June
Summary
The Panama City Community Redevelopment Agency on Tuesday said it is negotiating with the Sankofa Group on a proposed Glenwood Town Center at 15th Street and Martin Luther King Jr. Drive, a mixed-use plan that would include a grocery store, apartments and town homes.
The Panama City Community Redevelopment Agency on Tuesday said it is negotiating with the Sankofa Group on a proposed Glenwood Town Center at 15th Street and Martin Luther King Jr. Drive, a mixed-use plan that would include a grocery store, apartments and town homes.
The project is budgeted at $400,000, with $376,489.59 in CRA expenditures to date, largely for acquisition of parcels that are now CRA-owned, staff said. The CRA expects a complete proposal from the Sankofa Group at the board’s June 3 meeting, and staff said it does not expect board approval at that meeting but will seek direction and further community feedback.
Why it matters: Glenwood is identified in meeting comments as an underserved neighborhood; residents pushed the CRA to prioritize affordable housing and to protect the area’s historical character as negotiations continue.
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