Florida- The city of Port St. Lucie is developing a new master plan for the city-owned Tradition Center of Commerce. Experts are examining how the 1,161-acre Tradition Jobs Corridor along Interstate 95 can thrive. This process will involve looking at the existing 6-year-old development plans. The original plan for this area was a 3.7 million-square-foot mall, but with online shopping on the rise, this idea is being called an archaic vision.
The city community redevelopment director envisions a new plan, with an emphasis on small scale retail shopping with a boutique-like feel. The city is also seeking a private partner to develop a recreational complex in the Tradition Jobs Corridor. Officials are slated to make a recommendation regarding other plans to develop 4.5 million square feet of industrial space, 2.5 million square feet of research-and-office space and another 2.4 million square feet of office space in the area in order to achieve the best value.