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              Residential Development Land: Eagle Bend PUD
| Address | Angle Road, Fort Pierce, Florida 34947 | 
|---|---|
| Sale Price | N/A | 
| Cap Rate | N/A | 
| Property Type | Land | 
| Property Subtype | N/A | 
| Market | Fort Pierce | 
| Sub Market | N/A | 
| Year Built | N/A | 
| Land Size (Acres) | 391.26 | 
| Building Size (SF) | N/A | 
| Lease Rate | N/A | 
| # of units | N/A | 
                    Description/Comments:
                    
                  
                N/A
                  
                    Space Descriptions:
                    
                  
                
                      Eagle Bend is a 391.26 acre PUD approved by St. Lucie County for the development of 1,713 units in five phases. This offering is the opportunity to purchase Phases 1-5 either individually or in bulk. The development calls for the dedication of 48.47 acres for roadways and a park. This dedication and the roadway improvements are reimbursable through Roadway Impact Fee credits which are a by right obligation of the county through zoning. A final Proportionate Share Road Impact Fee agreement is pending approval by the Commission.
The approved PUD allows development of Phase 1 to begin prior to significant roadway improvements. At Phase 2, an interim section of the Jenkins Road extension is required coming south from Angle Road. Phases 3 and 4 call for the construction of Road G west of Jenkins. Phase 5 is responsible for the improvement of the east section of Road G and Jenkins Road south of Road G.
                  The approved PUD allows development of Phase 1 to begin prior to significant roadway improvements. At Phase 2, an interim section of the Jenkins Road extension is required coming south from Angle Road. Phases 3 and 4 call for the construction of Road G west of Jenkins. Phase 5 is responsible for the improvement of the east section of Road G and Jenkins Road south of Road G.
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