At a recent Panama City Beach City Council meeting, it was decided to move forward with figuring out how to obtain some Gulf-front property and build a city owned and maintained park. This a much wanted city amenity and the city of Panama City Beach wants to take advantage of a down real estate market to snatch up some land at a good deal, if they can secure a grant to do so.
A few of the prospective properties on the board are the old Fiesta Motel site, Peeks Motel and a few other Gulf-front properties in the Beach Boulevard area. Last year, we reported on a large piece of property being cleared by the Sunbird condo resort that was also a prospect for this project.
The next step in the process is for the city to get with the city’s grant writer to see how much, if any money can be obtained for a beach-front park. Without the grant, it is highly unlikely that this park project can make it through the ranks.
Officials realize the importance of pursuing this now as a down real estate market will not last forever. However, they beleive the grant exploratory process alone could take up to 1 year to complete.