FY 2004-2005 - City of Clearwater

More documents

Recommendations

Info

C O M M U N I T Y R E D E V E L O P M E N T A G E N C Y A N N U A L R E P O R T F Y 2 0 0 4 - 2 0 0 5 C. Multi-year Projects and Commitments Clearwater Automotive Land Exchange-Miller Property Purchase Long an impediment to the future redevelopment around the Town Lake area and the Crum (formerly CGI) Campus, an automotive junk yard was acquired by the city in October 2003 through an exchange of real property between the City and Clearwater Mall, LLC. The land value of the exchange is $1.2 million. This exchange contract resulted in a remnant parcel (Miller Property) that the CRA acquired which consolidates the block into a potential redevelopment site. The 7,850-square-foot parcel is adjacent to the Clearwater Auto Salvage Yard and was purchased for $48,000. Due to multiple prior commitments on current CRA funds, the DDB agreed to loan the CRA $48,000 for this purchase at 0% interest, on the provision that the DDB would share proportionately in any future gain through the sale of the combined redevelopment parcels. The CRA committed to pay for the real estate taxes of the entire property. The CRA also paid for the closing costs of the transaction in April 2003. Tampa Bay Engineering (TBE), as our environmental consultant on this project, prepared the Brownfields Site Rehabilitation Agreement (BSRA). As required by Chapter 376.80 of the Florida Statutes, the city and TBE presented the draft BSRA and a summary of environmental findings and recommendations to the Brownfields Advisory Board on May 18, 2005. The draft BSRA was submitted to Florida Department of Environmental Protection (FDEP) for review and was approved. 9
C O M M U N I T Y R E D E V E L O P M E N T A G E N C Y A N N U A L R E P O R T F Y 2 0 0 4 - 2 0 0 5 The unsafe houses located on the Washington Avenue parcels were demolished and the City is proceeding with the BSRA agreement to include a pre-demolition asbestos survey. Other aspects of the BSRA will be ongoing into FY 05-06. Multi-plex Movie Theatre in Downtown Clearwater On February 13, 2004, the CRA released a RFPQ to select a qualified developer to develop a multi-plex movie theatre in downtown Clearwater. Two developers 1) The Beck Group and 2) Clearwater Development, LLC submitted proposals on June 30, 2004. Beck Development was eliminated due to being non-responsive. Clearwater Development, LLC was short-listed and selected for an interview. The Selection Committee met again August 27, 2004 to interview Clearwater Development, LLC and their identified movie theatre operator, AmStar Entertainment, LLC. The Community Development Board approved the project November 22, 2005. The general project location is the property on Cleveland Street between Osceola and North Fort Harrison Avenues (“AmSouth” Block). The project components include 245 condominiums, 35,000 square feet of restaurant/retail, 88,000 square feet of office space, 360 public parking spaces and a 10-screen movie theatre. The CRA has been negotiating the terms and conditions of a Development Agreement for developing the movie theatre complex in conjunction with the approved mixed-use development on their site. 10
Page 1 and 2: community redevelopment agency C I
Page 3 and 4: C O M M U N I T Y R E D E V E L O P
Page 9: C O M M U N I T Y R E D E V E L O P
Page 23: C O M M U N I T Y R E D E V E L O P

FY 2004-2005 - City of Clearwater

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?