Palm Coast Government Is Now Landlord of 23 Town Center Parcels as Familiar Face Returns to Manage Business

Palm Coast Government Is Now Landlord of 23 Town Center Parcels as Familiar Face Returns to Manage Business

Palm Coast city government on Friday closed on a $17 million transaction making the city the owner and landlord of 23 Town Center parcels totaling 259 acres. The city is borrowing $11 million and drawing the balance from its reserve to complete a purchase that will make it the largest landholder of vacant real estate in Town Center. Concurrently, John Zobler, the former community development director, is returning to City Hall as its business de…