Pompano Beach CRA - Transformative Projects

Page 1

February

28, 2024 POMPANO BEACH CRA
Transformative Projects

Overview

• East CRA District

• Northwest CRA District

Community Redevelopment
District 158 Acres Atlantic Blvd U S 1
East
Agency

BEFORE

AFTER BEFORE

AFTER

Beach Redevelopment
STREETSCAPE IMPROVEMENTS
Great Lawn

BEFORE

BEACH CONCESSION

RESTROOMS

AFTER

AFTER BEFORE

Beach Redevelopment
Beach Redevelopment PLAYGROUND/EXERCISE EQUIPMENT
Pier Garage 609 space 5-story Public Parking Garage $23 Million Dollars to construct 3,000 sq. ft. retail/commercial liner Paid for by Parking Enterprise Fund
POMPANO BEACH FISHING VILLAGE
BEFORE AFTER BARESCO
POMPANO BEACH FISHING VILLAGE

• $102 Million Development

• 355 units total on 2 blocks

• Two 8-story mid-rise bldgs

• Two Parking Structures

• 53 units of Workforce housing

• Construction of a Public Plaza

• Commitment to improve Façade of former BOA bldg.

• Existing office/retail frontage on Atlantic to remain for a true mixed use development

• CRA is providing $9.1 Million in Pro Forma Gap of future TIF received on the project

Construction Began FEB. 2022

TCO January 2024

POMPANO STATION (MALA)
MCNAB HOUSE AND BOTANICAL GARDEN PROJECT
MCNAB PARK SITE CONDITIONS
MCNAB HOUSE AND GARAGE MOVE – MARCH 1, 2020
MCNAB HOUSE AND BOTANICAL GARDEN PROJECT
NORTHWEST COMMUNITY REDEVELOPMENT AGENCY DISTRICT 3,084 ACRES
Hwy Atlantic Blvd N W 3 1 A v e Copans Rd
Dixie
next…..Building a Downtown!
What’s

Economic Impact

• Downtowns are economic engines to create a new tax base

• Downtowns are employment centers, with arts, culture and entertainment venues

• Downtowns offer a Mix of new housing for all income levels

• Without a strong tax revenue, burden falls on existing residents and businesses for any short falls

OLD TOWN Old Town Square
South Bar and Kitchen Coming Soon - The Vault
The Backyard
Soon
Fire and Water Fountain Coming Soon - Papamigos
Soulful Steep Tea House Coming
-
The Wash House
Quality of Life and Walkability Live – Work – Play & Visit

Master Plan Concept

Atlantic Boulevard
Interstate 95
Dr. Martin Luther King Jr. Blvd.
Dixie Highway

Timeframe

Agreement – May
Development
2024
954.786.7823 PHONE NUMBER cra@copbfl.com downtown@copbfl.com EMAIL ADDRESS 501 Dr. Martin Luther King Blvd. Suite 1 Pompano Beach, FL 33060 ADDRESS Thank You

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Pompano Beach CRA - Transformative Projects by DouglasEllimanRE - Issuu