Rick's Blog

OLF 8: Commissioners debate next steps with two developers

Licensed under the Unsplash+ License

The Escambia County Commission still can’t decide what to do with OLF 8, a prime piece of real estate in Beulah, but the board appears to be narrowing its choices to two potential buyers – Beulah Town Center/Metro Development Group (Fred Hemmer) and Tri W Development (Chad Henderson).

THE BEULAH COMMUNITY SPEAKS OUT

Before the discussion, two Beulah residents addressed the commissioners. For some reason, both believed the board didn’t support the OLF 8 Master Plan, even though both current and past commissioners have expressed their commitment to it.

Moore emphasized that Beulah residents never opposed mixed development on OLF 8. “Time and again over many years, our community has participated in seminars, meetings, charettes, surveys, town halls, etc., and voiced our desire for a livable, walkable town center atmosphere that we have been deprived of as we watch our area being overbuilt, overdeveloped, and crushed by the weight of thousands of new citizens and little infrastructure improvement.”

Theresa Blackwell, who helped form the Beulah Coalition with Navy Federal, told commissioners she’d been evaluating which developer would better follow the master plan.

After remaining neutral between the two developers, Blackwell finally stated she was “leaning towards” Beulah Town Center.

DEVELOPERS MAKE THEIR CASE

Chad Horn, a principal in Beulah Town Center along with Metro Development, told commissioners he’s invested millions in Escambia County during the past 15 years.

Horn assured the board they have “the financial capacity not only to purchase the land but to put in the development and build a legacy community we can all be proud of.”

Bill Mitchem, representing Tri W Development and Chad Henderson, explained they had submitted a purchase agreement to the county attorney expecting feedback.

Mitchem told commissioners they could respond to any county feedback within a week.

COMMISSIONER FRUSTRATIONS MOUNT

Commissioners expressed frustration with the drawn-out process and conflicting proposals.

May advocated for setting minimum requirements, including a price floor of $43-50 million, then letting staff evaluate the proposals and make recommendations.

“Send it back to the professionals, whoever gets it, let them get it and let staff who we entrust, who make more money than I make, who have the experience of doing it to do it,” May said.

Commissioner Steve Stroberger, who represents Beulah in District 1, urged his colleagues to trust his judgment after extensive research.

Stroberger revealed that a Santa Rosa County official told him that “they are begging for this same group, Metro, to come to Santa Rosa to develop.”

Commissioner Steven Barry questioned whether either offer had acceptable terms, regardless of price.

Barry emphasized he was concerned about “entering into a contract that has such bad terms that we end up the butt of the jokes… three years from now nothing’s happened, and we can’t force our counterparty to close.”

VERIFICATION OF FUNDS BECOMES ISSUE

May raised concerns about verifying the financial capacity of potential buyers.

May pointed out that even small county contracts require financial verification: “People bid on a janitorial contract, and they have to put up a thousand, $5,000 that they take 90 days to get back.”

WHAT’S NEXT FOR OLF 8?

After extensive debate, the commission unanimously approved Stroberger’s motion to direct county staff to redline both purchase agreements with no specific timeframe for feedback.

Barry suggested not making OLF 8 a standing agenda item, saying, “We don’t have to discuss failures regularly. If it just fails, it fails.”

The commissioners acknowledged market conditions for development aren’t ideal currently, but emphasized the county isn’t in a desperate position to sell.

Mayfair resident Eric Sharpen expressed frustration with the prolonged process, telling commissioners, “Until y’all close the offers, this is never going to stop. Somebody will come in, offer a few more million dollars, then they’ll be considered… Four years from now, y’all still be here discussing it.”

Photo: Licensed under the Unsplash+ License

Exit mobile version