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CRA board approves extension for Wilson Avenue redevelopment; public commenters outline St. Andrews exhibit

Panama City Community Redevelopment Agency · May 6, 2026
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Summary

The CRA board approved a developer-requested extension of the TIF rebate performance agreement for 724–728 Magnolia Avenue and heard a public comment from Nancy Hudson on six years of St. Andrews archaeology and an upcoming museum exhibit.

The Panama City Community Redevelopment Agency on May 5 approved an amendment extending the certificate-of-occupancy deadline for the Wilson Avenue redevelopment at 724 and 728 Magnolia Avenue from May 30, 2026 to December 31, 2026.

Staff told the board the developer had requested more time because of delays tied to updated construction plans, permitting and impact-fee resolution; permits were released on February 17, 2026 and construction was expected to proceed. Staff recommended approving the amendment to the existing performance agreement. A motion to approve was made and passed by roll call, 4–0.

Earlier in the meeting the board heard public comment from Nancy Hudson of the St. Andrews Waterfront Partnership. Hudson described a six-year archaeology fieldwork project that involved Gulf Coast State College students and community volunteers; she said the partnership operates the Panama City Publishing Company Museum for the CRA and will present an exhibit of artifacts and research in January 2027. "Partnerships, connecting people, creating broad success," Hudson said, and noted students who helped develop a tool for shovel testing would travel to a national competition in Long Beach on May 29.

The board granted Hudson extra time to conclude her remarks and members praised the educational and community benefits of the partnership’s work.

The extension for Magnolia Avenue was recorded as an amendment to the existing performance agreement; staff and the board noted the incentive mechanism is a TIF rebate tied to certificates of occupancy. The board directed staff to incorporate the amendment into the performance agreement language and to return the finalized documents at the next meeting when other related program rules will be presented.

The meeting concluded after the board reviewed multiple program decisions directing staff on how to finalize the redevelopment site-preparation grant package for June.