PORT ST. LUCIE — Oculus Surgical offered $849,680 for a 9.75-acre site in the Tradition Center of Commerce where the eye instrument maker plans to build a new 50,000-square-foot facility.
The City Council on Monday voted unanimously to approve Oculus' Nov. 9 letter of intent and direct city officials to negotiate a binding sales agreement.
The agreement is expected to be presented to the council by mid-December, City Manager Russ Blackburn said in an interview after the meeting.
The property is on Discovery Way and Tom Mackie Boulevard, which is expected to be completed by the end of December, Blackburn said.
The offer for the land was an important step in bringing Oculus to the Tradition Commerce Center, said Pete Tesch, president of the Economic Development Council of St. Lucie County.
