Crestview retail, restaurant development halted after confusion

Development

A partnership between the city of Crestview, developers and Beach Community Bank that would replace an aging sewer line and lead to the development of a shopping center to the right of Lowe's in this photo has run into a complication.

BRIAN HUGHES | News Bulletin
Published: Friday, March 1, 2013 at 07:31 PM.

CRESTVIEW — A public-private effort that would improve city infrastructure while bringing two residential developments and a retail and restaurant center — reportedly with national chain establishments — here has ground to a halt a week before earthmovers were set to begin work.

At issue is a disagreement over sewer impact fees. The developers say they were promised the fees would be waived, but the city says it couldn't do that because Florida law states the fees are "pledged revenues to the state for environmental protection," according to city attorney Jerry Miller.

An agreement among the city, Beach Community Bank — which owns the land under consideration for the shopping center — and D.R. Horton, a nationwide residential developer, was announced in May 2012. The bank acquired the property, which includes the site of a former flea market beside Lowe's and stretches east to State Road 85 across from Hospital Drive, in foreclosure.

The planned Redstone Commons, a low-density, single-family subdivision, and Bishop’s Landing, an assisted living facility, would locate on S.R. 85’s east side off Redstone Avenue and behind Wal-Mart, respectively.

D.R. Horton workers had planned to break ground next week, the developer’s spokesperson said, at a Feb. 25 Crestview City Council workshop.

The shopping center development is already under contract, Scott McCormick, Beach Community Bank’s vice president, said.

"The project would help draw in national clients in the restaurant and retail industry," he said.



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