Thank you for visiting the Downtown Fort Myers Redevelopment Plan Update site! Opportunities to provide input, review the schedule, or to see FAQ's are shown below.
Interactive Map
The interactive map allows you to "pin" likes, dislikes, or general thoughts to specific locations within the general Downtown area. You can also upload photos and offer suggestions or comments on other posts.
Downtown Plan Update Process & Timeline
Document Review
August & September, 2023
Data Analysis & Evaluation
August, September & October, 2023
Public Engagement
October through March, 2024
Determination of Redevelopment Area
October, November & December, 2023
Draft Plan Elements
January & February, 2024
Draft Implementation Plan
March & April, 2024
Statutory Compliance
April, 2024
Final Plan Update
May, 2024
Frequently Asked Questions
What is a Community Redevelopment Area (CRA)?
In the state of Florida, under the provisions of Chapter 163, Part III, of the Florida Statutes, local governments have the authority to designate specific areas within a city or county as Community Redevelopment Areas (CRAs) when these locales meet certain statutory conditions indicative of underdevelopment. The purpose of a CRA is to revitalize these designated areas through targeted investment and improvement initiatives.
Funding for the activities within a CRA comes from increment financing (IF). This means that a portion of the revenue generated by the increase in property values within the CRA is reinvested directly back into the same area. Since this funding mechanism relies on locally generated revenue, CRAs operate with a degree of autonomy from the state; however, they are still subject to specific state-imposed requirements to ensure accountability and alignment with broader redevelopment goals.
The concept of CRAs is not unique to Fort Myers. Fort Myers established its Downtown CRA in 1984. The model has been widely adopted across the state. As of now, there are more than 250 CRAs in Florida, each working towards the rejuvenation of its designated areas and the enhancement of the quality of life for its residents.
What is a Community Redevelopment Agency?
A Community Redevelopment Agency (CRA) is the administrative body responsible for overseeing and implementing the activities and initiatives within a Community Redevelopment Area. Often referred to as the CRA "Board" or "Commission," this agency is established by the local government to ensure focused and effective redevelopment efforts.
In Fort Myers, the City Council members themselves fulfill this role, serving as the CRA Board. This arrangement ensures that the CRA's activities are closely aligned with the city's broader goals and that decision-making is streamlined, promoting a cohesive approach to redevelopment.
The CRA Board is responsible for setting policies, approving redevelopment plans, and overseeing projects and initiatives aimed at revitalizing the designated Community Redevelopment Area. Through their strategic leadership, CRAs like the one in Fort Myers play a pivotal role in transforming urban landscapes and enhancing the quality of life for residents.
What is a Community Redevelopment Plan?
A Community Redevelopment Plan is a strategic blueprint that guides the revitalization efforts within a Community Redevelopment Area. Serving as a critical instrument to realize the CRA's vision, it outlines specific goals, project types, and implementation strategies for the designated area, all shaped significantly by community input and participation.
The plan sets forth overarching objectives for the redevelopment area, considering its unique challenges and opportunities. It details the types of projects that will be undertaken to stimulate economic growth, enhance the quality of life, and improve the physical environment. These might include:
- Streetscape enhancements and roadway improvements for better mobility and aesthetics.
- Rehabilitation of existing buildings to preserve community character and spur economic activity.
- Development of parking solutions, like lots and garages, to accommodate growth and improve accessibility.
- Creation and revitalization of neighborhood parks to provide recreational spaces and foster community engagement.
Furthermore, the plan can outline incentive programs, such as grants and loans, aimed at encouraging property owners to undertake façade improvements, landscaping enhancements, and site upgrades that contribute to the area’s overall attractiveness and functionality.
A pivotal aspect of crafting a Community Redevelopment Plan is the active involvement of the community. Public workshops, meetings, and forums are instrumental in ensuring that the plan accurately reflects the desires and needs of the residents and stakeholders. This participatory approach fosters a sense of ownership among community members and ensures that the redevelopment initiatives resonate with the people most affected by them.
Recognizing that communities are dynamic, a Community Redevelopment Plan is often a living document, subject to periodic updates and revisions. This adaptability allows the plan to stay responsive to evolving community needs and emerging opportunities.
In compliance with Florida law, Chapter 163, Part III, the plan must meet certain criteria to ensure it aligns with state regulations and promotes the public interest. This legal framework ensures that redevelopment efforts are carried out responsibly and transparently, with a focus on long-term sustainability and community benefit.
What is Increment Financing, or often referred to as TIF?
Increment Rebates (previously referred to as Tax Increment Financing (TIF) are a unique tool available to local governments to promote economic development and community improvement.
Some general principles that make the IR a win-win for developers, CRAs and the communities they benefit include:
- No Upfront Money:
One of the fundamental principles behind Increment Rebate (IR)s is that developers don't receive money upfront. Instead, they must enter into a development agreement with the local government or the designated Community Redevelopment Agency (CRA) . - Pay for Performance:
Developers are not awarded rebates for projects that remain incomplete. The rebate mechanism operates on a "pay for performance" basis. - Pay Tax First, Then Receive Rebate:
Before a developer or property owner can receive an Increment Rebate (IR), they must first fulfill their tax obligations. This means that they must pay their tax bill in full for the properties involved in the redevelopment project.
Increment Rebates (IR)s are a powerful incentive for developers to undertake
significant redevelopment projects that provide broad community benefits. The process is designed to ensure accountability, performance, and financial prudence. By understanding the nuances of Increment Rebate (IR) disbursement, stakeholders, from developers to taxpayers, can have confidence in the integrity and effectiveness of the system.In summary, the Increment Rebate program isn't just about financial incentives for developers. It's about creating a symbiotic relationship where developers can benefit, and they must also give back in meaningful ways that directly address the needs of the Fort Myers community.
