City of PSL: CRA Meeting - 09/28/2026

The City of Port St. Lucie Community Redevelopment Agency (CRA) met on September 28, 2026, and approved Resolution 26-CRA-02, adopting the agency’s budget for fiscal year 2026–27 and authorizing expenditures under it. The transcript does not state the budget’s total amount. Staff reported plans to pledge approximately $12.5 million in TIF funds toward Village Green Drive infrastructure; the CRA was unsuccessful in securing a BUILD grant for the corridor. No vendor award or contract amount was presented. The resolution passed by vote.

Staff also provided project updates, including construction of developer-funded Destination Way and completion of the Mackey Marshall infrastructure network. A parking consultant has evaluated five potential garage locations, with two concepts that could add about 1,000 parking spaces; no procurement decision was reported. Other updates covered redevelopment planning, commercial development, and park visitation. Board members discussed seeking alternative funding for Village Green Drive and continuing to assess parking needs.