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Developer Sankofa Group pitches grocer-led redevelopment for Fifteenth Street and MLK; board directs staff to negotiate
Summary
Pedro Gassant, principal of the Sankofa Group LLC, told the Panama City Community Redevelopment Agency on April 15 that his firm is planning a phased redevelopment of the southwest corner of East Fifteenth Street and Martin Luther King Boulevard featuring a roughly 16,000-square-foot neighborhood grocer, about 60 apartment units and about 22 townhomes to support captured retail demand.
Pedro Gassant, principal of the Sankofa Group LLC, told the Panama City Community Redevelopment Agency on April 15 that his firm is planning a phased redevelopment of the southwest corner of East Fifteenth Street and Martin Luther King Boulevard featuring a roughly 16,000-square-foot neighborhood grocer, about 60 apartment units and about 22 townhomes to support captured retail demand.
The presentation emphasized creating a plaza and pedestrian connections in front of the grocery, a mix of rental and homeownership opportunities, and a phased approach because the parcel is “an irregular shaped parcel” that will require assembling additional lots and addressing site…
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