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Kings Landing development in Fort Pierce faces new delay as developers seek millions to finish project
['Tyler Hatfield']
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FORT PIERCE, Fla. — The Kings Landing development in Fort Pierce is facing another delay.
Live Oak Development, the secondary developer on the project, told commissioners the $15 million shortfall is due in part to rising construction costs.
Nor would I advocate the city investing $15 million into a private enterprise,” said Broderick.
Live Oak Development is now asking for 180 days to find the money through private sources.
Jon Nolli, owner of Funky Cuda in Fort Pierce, said he has been waiting on the development and is ready for it to be finished.