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 One developer, Opus South Corporation, responded to the RFPQ and the Selection Committee met May 6, 2005 to review the proposal and unanimously recommended to accept Opus South as the selected developer and authorize the negotiation of a Development Agreement. Overall, the Selection Committee agreed that Opus South offers a potential catalyst for Clearwater’s Downtown revitalization and provides the desired mix of residential and retail development in a pedestrian-friendly environment, along with the preservation of important public space and waterfront views. Opus South purchased the Calvary Baptist Church property and is proposing to purchase a portion of the City Hall Site to develop residential units and retail to include dedication of 0.3 acres of land to public right-of-way for the construction of a public promenade. The estimated value of the completed project is $250 million. The details of the purchase of city land and location of a new City Hall will be part of the negotiations of the Development Agreement. Proposed and Completed Residential Units in the CRA The primary strategy for downtown revitalization is the attraction of quality, new urban market-rate housing. The attraction of residents into our downtown acts as a catalyst for increased retail, restaurant and entertainment venues. The CRA COURT STREET VILLAS WATER’S EDGE and the city have been working with developers as they progress through the development process. The two development projects approved in the CRA for FY 04-05 were Court Street Villas and Water’s Edge. 5
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 CRA, DDB and Main Street Program Trip to Lakeland In May 2005, representatives from the CRA/City Council, Downtown Development Board, and the Main Street Program, along with Economic Development and Housing Department staff, visited the city of Lakeland, Florida. Meeting with the City of Lakeland’s CRA trustees, city officials, the Lakeland Downtown Development Authority, and Main Street Program volunteers, whose relationships are similar to those in Clearwater, provided insight to the development of art in public places, infrastructure improvements, retail and restaurant establishments in the downtown core, advancing residential growth and determining downtown parking solutions. Community Redevelopment Agency (CRA) and The Downtown Development Board (DDB) Intergovernmental Relationship The CRA, the DDB and City of Clearwater Economic Development and Housing Department staff have worked well together through an Interlocal Agreement first created in 1999. Embracing the same mission and goals, the DDB and the CRA have provided for a process that strengthens communication, leading to many downtown development projects, infrastructure improvements, design guidelines and a redevelopment plan that has enticed the private sector to invest. 6
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 5: 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

Create successful ePaper yourself

Delete template?

Save as template?