$42.5 Million Sale Of OLF-8 On The BOCC Agenda For Thursday

June 2, 2025

The Escambia County Commissioner is set to consider an agenda item on this Thursday to sell OLF-8 for $42.5 million to to Tri-W Development and Chad C. Henderson Enterprises of Pensacola II.

The agreement under consideration is being presented by County Attorney Alison Rogers. The $42.5 million will be for the entire 540.89 acres of the property on Nine Mile Road.

Under the agreement, the OLF-8 Master Plan (DPZ Design Code), as it may be amended, will be included as a restrictive covenant on the deed.

The final DPZ master plan approved in July 2021 is a combination of commerce, residential and amenities. It allocates 271 acres to commerce and industrial; 61 acres to residential including duplexes, townhomes and multifamily; 47 acres to a mixed-use center such as residential over retail and office over retail; and 45 acres to trails and public amenities such as a post office, school, day care and community garden.

“The purpose of this Declaration is to protect the value and desirability of the Property as a unified project, and ensure, insofar as is practicable, the proper development and use of the Property in accordance with the Master Plan, and to provide restrictions, covenants and conditions, as more particularly set forth in the Master Plan. This Declaration is intended to protect owners, lessees and sub-lessees from undesirable development and use of the Property and for the benefit of the local community and economy. This Declaration shall be liberally construed to effectuate its purpose,” the agreement states.

In January 2019, Escambia County acquired OLF-8 in a land swap with the U.S. Navy for property in Santa Rosa County. The county hired DPZ CoDesign to develop the best plan for OLF-8, and the firm presented four plans ranging from a commerce park based concept to designs with a mix of commerce, residential and green space on the 500 plus acre site along Nine Mile Road in Beulah.

The final DPZ master plan approved in July 2021 is a combination of commerce, residential and amenities. It allocates 271 acres to commerce and industrial; 61 acres to residential including duplexes, townhomes and multifamily; 47 acres to a mixed-use center such as residential over retail and office over retail; and 45 acres to trails and public amenities such as a post office, school, day care and community garden.

The OLF-8 sale will be considered during the Board of County Commissioners meeting at 5:30 p.m. Thursday in the Ernie Lee Magaha Government Building.

NorthEscambia.com photo, click to enlarge

Comments

11 Responses to “$42.5 Million Sale Of OLF-8 On The BOCC Agenda For Thursday”

  1. Spud on June 4th, 2025 6:43 am

    Its pretty obvious at this point that the BOCC have an agenda for this property that has not been fullfilled yet. It all boils down to greed, always has been and always will be.

  2. For the People on June 3rd, 2025 10:18 am

    What if we just keep it, and leave it natural, green space, plant trees, turn it in to a park for the people.

  3. John Connor on June 2nd, 2025 5:19 pm

    8 years later oh my bad now 9, forgot to add the 1. That is Escambia County for you. By the way a Town Center is a dumb idea. You are not going to compete with the mall or downtown Pensacola. Now if you want to incorporate Beulah and create a police force than by all means otherwise you are creating a town center for vape shops.

  4. Don on June 2nd, 2025 4:56 pm

    @ Better Growth;
    What do you mean “push out the trash?”

  5. Klem on June 2nd, 2025 3:26 pm

    JJ – This WAS rural – just wait your turn in the “rural” north is coming…

  6. rd on June 2nd, 2025 11:56 am

    @mnon, I am with you 100%. Just sell it already. It’s not going to end up looking anything like that master plan.

  7. JJ on June 2nd, 2025 10:12 am

    Lets see, 7 homes to an acre x 500
    Equal out 3500 homes. Better than 10 new sub divisions and in the city where they belong. Not along hiway 29 in rural areas north

  8. Vivi on June 2nd, 2025 9:26 am

    With all of the growth in that area the county should have the foresight to set aside some of this land for the construction of new schools.

  9. Better Growth on June 2nd, 2025 7:16 am

    Let’s actually get it done this time ! Maybe this time the Board will stop nitpicking every little detail and leave it up to the developer who purchased the land. Town Center with shoppes and restaurants and business is what we need on 9 Mile. Clean this area up, build sidewalks and push out the trash.

    Let’s get it done !

  10. El duque on June 2nd, 2025 6:35 am

    I believe the county commissioners have found their pidgeon…..I mean buyer…

    Nothing mentioned about traffic management.

  11. mnon on June 2nd, 2025 4:23 am

    I can’t wait until they finally do something with this property, something, anything… because I’m frankly tired of hearing about it every 3-6 months.

Written by William Reynolds · Filed Under Archive