ApprovedOther

Golden Developments, LLC — Oak Avenue Tax Increment Rebate

Description

Golden Developments applied for a tax increment rebate to redevelop three Oak Avenue properties into commercial retail and office space, revitalizing a deteriorated building. The board approved up to $337,101.78 over 15 years.

Impact summary

The project turns a deteriorated downtown building into retail and office space; the rebate is paid only from the new property tax the redevelopment generates.

Applicant

Name
Golden Developments, LLC (Our Gaige Golden)
Address
534 Oak Avenue, 541 Oak Avenue, and unaddressed parcel on Oak Avenue, Panama City, FLSee this on the map

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last vote · Community Redevelopment Board

Approved5–0, unanimous

Last discussed Jun 2, 2026.

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