Ashley Capital outlines plans for first class A Commerce Park in Fort Pierce

The Fort Pierce Planning Board convened on July 14, 2025, to discuss significant developments in the area, particularly focusing on a proposed project that could lead to the annexation of property into the city. The meeting highlighted the timeline for potential annexation, which could occur in approximately a year and a half, coinciding with the mid-development phase of the project.

Board members raised questions regarding the city's interest in the annexation process and its implications for the development. It was noted that properties connecting to city services, such as water and sewer, typically enter into agreements that facilitate future annexation when they become contiguous to the city. This process has been a common practice, and the current project is expected to provide substantial tax revenue benefits to the city without requiring extensive initial investment.

Concerns about differing codes between the county and city were addressed, with assurances that the project had undergone a technical review to align with city expectations while adhering to county regulations. The development is seen as a crucial opportunity for job creation and establishing a design template for future projects in the Kings Highway area.

The meeting also featured insights from Jill Marasa and Ryan Bloss of Ashley Capital, who outlined the types of businesses targeted for the new development. They emphasized a focus on small to midsize enterprises, with building sizes ranging from 4,000 to 200,000 square feet. The project aims to attract high-quality jobs in sectors such as manufacturing and aviation, leveraging the proximity to the airport and local educational institutions.

The proposed development is positioned to be the first Class A Commerce Park in unincorporated St. Lucie County and potentially the first within Fort Pierce itself. Marasa highlighted the company's commitment to high construction standards, aiming to create a long-term asset that would attract top-tier businesses.

The meeting concluded without a formal vote, as the discussions were primarily informational, allowing board members to consider the implications of the proposed project and its potential benefits for the city and its residents.