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Palm Coast Tuesday, Nov. 7, 2017 10 months ago

School district to have properties appraised for possible sale

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One of the two properties housed the old ITT headquarters off Palm Coast Parkway, the other is adjacent to Flagler Palm Coast High School.
by: Jonathan Simmons News Editor

The Flagler County School Board has a chance to sell some property — but it’s not sure if it wants to.

Developers have shown interest in two pieces of land owned by the school district: a 7.4-acre parcel called Corporate 1 Plaza which used to house the old ITT building — between the eastbound and westbound lanes of Palm Coast Parkway and sandwiched between the Kohl’s shopping center on the east side and Corporate Drive on the west — and a 1.4-acre parcel on the north side of State Road 100 between the Flagler Palm Coast High School campus and the Olive Garden Italian Restaurant.

The district has gotten a formal inquiry on the property at Corporate 1 from Michael Collard Properties, the developer handling the redevelopment of the Island Walk Shopping Center on the north side of Palm Coast Parkway between Old Kings Road and Florida Park Drive North. 

Michael Collard Properties, based in Winter Park, offered the district $1.8 million for the vacant land. The board considered the offer in August, but didn’t move forward: Board members wanted to inventory the district’s capital project needs and have the property appraised before making a decision. It had been appraised at $1.4 million in 2014, but that was before the old, defunct ITT building was demolished. 

The inquiry about the other piece of land near FPC came by phone about a week ago from a South Florida attorney representing another developer, School Board Attorney Kristy Gavin said. 

The land is forested and backs up to a retention pond used to drain stormwater from the high school campus, which concerned School Board member Andy Dance. The school campus parking lot has repeatedly flooded during heavy rains, and Dance wondered if the district might ever need to use that land to expend the retention pond and increase its capacity.

School staff said part of the problem during Hurricane Irma — when the parking lot looked like a lake — was that drainage pumps weren’t running continuously as they should have been. Dance said that perhaps widening the retention pond would leave the district less reliant on technology that’s not reliable. 

The board opted to have the properties appraised and consider the offers in the future. 

 

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