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Consultants pitch opt-in overlay and predict up to 21,000 jobs for Kings Highway corridor
Summary
Economic-development consultants told the Fort Pierce Utilities Authority board an opt-in overlay district and improved permitting certainty could unlock as many as 21,000 direct jobs and about $9 billion in output in the Kings Highway Jobs Corridor at full build-out, while making it easier for developers to connect to FPUA utilities.
Economic-development consultants told the Fort Pierce Utilities Authority (FPUA) board on March 17 that an opt-in overlay district, coupled with infrastructure readiness, could speed industrial and mixed-use development along the Kings Highway corridor and produce large local economic gains.
"The water and wastewater services are already available to support the planned growth in this area because of FPUA's planning and implementation of expanding its water and wastewater services," said Leslie Olson of District Planning Group, describing the corridor between Orange Avenue and the Turnpike as “poised for growth.” Olson said Phase 1 of the study identified slow, uncertain approvals caused by split city–county jurisdiction and a lack of design standards for industrial buildings.
The overlay…
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