Snyder Development Chosen to Redevelop 96-Year-Old City Electric Power Plant Into Premier Waterfront Destination

"Coming Out of the Box Strong," stated Chairman & CEO Jonathan Snyder. Snyder Development, LLC, a wholly owned subsidiary of Snyder Worldwide, is proud to announce it has been selected by the City of Fort Pierce, Florida, as the redeveloper of seven acres of prime waterfront marina property in downtown Fort Pierce.

"We are extremely proud of this opportunity to be a critical component of making Fort Pierce an international destination. Our program within the community is long-term and will require a lot of participation between numerous public and private partnerships. We recognize that downtown Fort Pierce is like a puzzle that we need to put together in order to be successful -- right now everyone is saying, how do we make this area into a 'destination?' Our plan is to put the puzzle together and turn the area into a shining example of what some of the best minds in the business, visionary thinking, commitment and community participation can do together," stated Jonathan Snyder, Chairman and Chief Executive Officer of Snyder Worldwide.

The H.D. King Power Plant is honored with its service by creating "electricity" for the community over the last century. Snyder plans on delivering a different type of "electricity" to the community by creating a mixed-use "Green" development which becomes a catalyst to not only the economic growth of the downtown area, but also shows that Fort Pierce is the best kept secret on the East coast of Florida. The look and the feel of the area will be similar to other successful redevelopments such as San Antonio's "Riverwalk" and downtown Oklahoma City's "Bricktown" area.

Snyder Development, LLC, a Nevada-based development company, is the real estate acquisition and development division of Snyder Worldwide LLC. Snyder Worldwide LLC. is a growing leader in the development and construction industry.