At the most recent city commission meeting, commissioners approved the staff recommendation to purchase a plot of land for $5.5 million to construct a new Public Safety Campus on the south side of town. The city commission received three different property proposals.
One of the options proposed multiple lots forming one linear property cornering Polk Drive and South Monroe. Inner Harbor Partners proposed $1,600,000 for the property, which would require demolition and additional improvements.
The accepted offer, provided by NAI TALCOR, constituted two different proposals. The first was the sale of Towne South Center for $5,500,000. The second proposal included the sale of Towne South Center plus additional square footage for $5,925,000.
The commission voted on the initial NAI TALCOR offering, which was for the purchase of Towne Center South for $5,500,000 without the additional acreage. This price falls within the city’s $6,365,000 budget for the purchase.
Towne South Center has approximately 570 feet fronting on the east side of S. Monroe Street and 51 feet fronting on S. Meridian Street. The shopping center is currently occupied by 11 tenants with remaining lease terms ranging from one to 15 years. Additional costs would be required for the relocation and/or buy-out of the existing leases. Demolition costs would be incurred to make the parcels usable for the proposed Public Safety Campus.
City Commissioner Scott Maddox voted against the NAI TALCOR proposal. Maddox preferred to use city owned property in the area for the construction of the new public safety campus.
Parameters for choosing the property included strategic location, size suitability, development considerations, accessibility, infrastructure adequacy, planning and scheduling, and overall price. With these factors in mind, NAI TALCOR’s bid received the most favorable score based on the city’s criteria.
City staff said that the property acquisition furthers the Tallahassee Police Department’s mission to address public safety through community policing. Furthermore, the commission trusts that the purchase will “meet current and future operational needs, include recreational spaces, regional training facilities, and public safety services.”