Hallandale Beach CRA Implementation Plan

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Presentation transcript:

Hallandale Beach CRA Implementation Plan

FIRM CAPABILITIES Calvin, Giordano & Associates, Inc. We are a well-established multi-disciplinary firm that has been located in South Florida for 79 years. Since 1937, the company has grown from a small, two-person surveying firm to over 300 employees, providing over 25+ Municipal Services. Project Team with over 30 years of Planning Experience Municipal Experience (not limited to) Bay Harbor Village, FL City of Weston, FL City of Cutler Bay, FL Key West Energy, FL City of Greenacres, FL Monroe County, FL City of Lauderdale Lakes, FL South Broward Drainage District, FL City of Lauderhill, FL Town of Lake Park, FL City of Marathon, FL Town of Medley, FL City of Miami Gardens, FL Town of Pembroke Park, FL City of Sunny Isles Beach, FL Town of Surfside, FL City of West Park, FL

Lambert Advisory, LLC (Select Public & Private Sector Clients) Select Public Sector City of Hallandale Beach City of Pompano Beach City of Fort Lauderdale City of Hollywood City of Miami City of Tampa City of Jacksonville (JEDC) New York City EDC City of New Orleans Unified Port of San Diego City of Norfolk Corpus Christi Port Authority Select Private Sector Swire Properties LendLease Samsung Corporation Carnival Kimco Realty University of Pennsylvania Harvard University Queen Emma Foundation JPI, Inc. Simon Properties Huizenga Holdings

QUALIFICATIONS, EXPERIENCE AND CROSS-TRAINING

METHODOLOGY – Programmatic & Project Driven Review of current conditions and future projections. Included will be: Commercial, residential, and infrastructure development projects; Recommended improvement programs; Redevelopment opportunities; Identification of catalyst sites and projects; and, Prioritization of each to achieve the goals and objectives of the updated plan as well as a Capital Improvements Plan to Implement Any Recommendations Resulting from Items 1-5 above.

PROGRAMMATIC & PROJECT DRIVEN METHODOLOGY Measurable Outcomes? Focus on identifying the improvements that are required to implement the Strategic Action Plan. These improvements could include elements of the CIP as well as additional components that could be added to the CIP projects. Economic/Fiscal Benefits and Return on Investment Expertise in Revitalization Strategies, Redevelopment Planning and Economic Development

HOW DO WE HANDLE CRAS WITH BROAD EXPECTATIONS IN ORDER TO ACHIEVE REDEVELOPMENT OBJECTIVES Approach to Develop New Goals and Objectives for the Plan Focus on redevelopment policies, economic development, marketing, public facilities and services, transportation, land use and development regulations, amenities and appearance. Economic Market Review and Development Analysis is critical to guiding redevelopment objectives. Our Approach to Get the Community Involved Get out in the community. Three (3) Community Meetings

WHEN IT IS APPROPRIATE TO SUBSIDIZE PRIVATE DEVELOPMENT Rule of Thumb/Formula Every deal is different Know what “you” want for the program or project Act like an investor and fully understand terms and structure for both the City and private partner Anticipate “if the deals goes bad” – Protect the City’s interest Build in systems to monitor compliance Structuring a Pledge that Facilitates Private Financing

DEVELOPING OR AMENDING A CRA PLAN WITH A SHORT LIFESPAN The Hallandale Beach CRA is a mature CRA established in 1996 and produced in excess of $7 million in increment in 2015. Unique and Challenging due to Charter County. Feasibility Analysis and Targeted Projects should be the focus regardless of lifespan; 5-year. Naples Community Redevelopment Update to Naples CRA Plan in 2014 “reset 30 year lifespan” per Section 163.362(10), Florida Statutes. Prepared a Feasibility Study outlining the potential to complete planned capital projects given the impending FY 2023 sunset date Reviewed the effects of resetting the sunset date including projections of increment revenue, operating expenditures and debt service obligations of the CRA for a period through FY 2043.

UNSOLICITED PROPOSALS Allow for creativity Crafted policies and guidelines to assist with Unsolicited Proposals Section 163.380(3)(a), Florida Statutes, outlines prerequisites prior to the disposition of any real property or interest therein Public notice of such disposition by publication in a newspaper having a general circulation in the community at least 30 days prior to the execution of any contract to sell, lease, or otherwise transfer real property; and, prior to the delivery of any instrument of conveyance with respect thereto under the provisions of this section, invite proposals from, and make all pertinent information available to, private redevelopers or any persons interested in undertaking to redevelop or rehabilitate a community redevelopment area or any part thereof;

QUESTIONS?