NORTH MAGNOLIA PROJECT #1Urban Reinvestment Project: A Joint Partnership

NORTH MAGNOLIA PROJECT #1

NORTH MAGNOLIA PROJECT #1

Project Keys:Occupation of the Job Center (formerly known as TBW) is the catalyst for this entire project.

Removal of the Richardson Oil Bulk Facility.

Removal/Rehabilitation of dilapidated structures.

NORTH MAGNOLIA PROJECT #1Code

Enforcement Demolitions:

The first phase of this project is to remove derelict/ dilapidated structures. This will help to reduce crime and improve the overall appearance of the North Magnolia corridor, thus creating an atmosphere that is more inviting to potential developers and companies.

Pictures depict the demolition of the TBW properties also known as the Magnolia Inn.

NORTH MAGNOLIA PROJECT #1Code

Enforcement Demolitions:

Pictures to the left: depict the remainder of the TBW homes.

Pictures to the left: depict a home that has been removed

NORTH MAGNOLIA PROJECT #1Cooperative Demolitions:

Pictures to the left: depict the former Ocala Lumber Buildings that were demolished October 2010

Pictures to the left: depict the existing conditions of the Ocala Lumber site and the Bullseye Sports site which was demolished in winter 2011

NORTH MAGNOLIA PROJECT #1

Continual Monitoring: Site and building conditions throughout the project area. Tax Certificate status Vacancy Rates Sales Activity

Future Activity: Assist a developer/developers assemble property Provide portions of due diligence Aid in preparation of developable properties

NORTH MAGNOLIA PROJECT #1CONCEPTUAL PLAN

NORTH MAGNOLIA PROJECT #1

Questions:

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