I've heard that the new county commissioners are pro-development, and they will abolish the 50-foot height limit in SoWal. Supposedly there are over 2 dozen projects already drawn up that are waiting to be approved once the code is changed.
Anyone think this will happen or if it's a good idea?
In the spirit of old post resurrection, I thought this was an interesting conversation.
Having closely documented the real estate evolution in Panama City Beach, I don't think the large supply of high-rise condominium developments did anything great for Panama City Beach.
In some cases, it was done tastefully, but I feel, generally, across the board that they were allowed to be developed and not a lot of thought was put into the big picture of how it would look in the end or 20 years from now.
I have friends on the planning board there and friends that are property owners and were developers, so I say this with risk of offending.
However, I think that had we had a more stringent height limitations and better rules and regulations as to the types of developments and how they can be executed, we'd have a more tasteful product today.
With that said, Panama City Beach has come a long way and it's certainly a very popular destination.
BUT, I firmly believe the lower height limitations were absolutely critical in creating the more tasteful developments along 30A that led to a variety of higher-end product, better thought-out developments and ultimately higher property values and rent rates.