Loading...
HomeMy WebLinkAbout148-N-Federal-Hwy - Presentationpreencoded.png 148 N Federal Hwy Formerly Jimmie's Chocolates · Presented by Redevelopment Real Estate Manager Yavocka Young -Smith DANIA BEACH COMMUNITY REDEVELOPMENT AGENCY preencoded.png Today's Agenda 1 Property Overview 2 Property Features 3 Next Steps 4 Q & A preencoded.png Property Overview Acquisition The City purchased one of Dania Beach's landmark properties—the former Jimmie's Chocolates parcels—on December 6, 2023, for $1.6 million. Location A former chocolate shop and restaurant with full kitchen, located in the center of the Downtown Dania Beach hotel district with Rt. 1 frontage, just 5 minutes from the airport. Amenities Offers interior and exterior dining options with plenty of parking. preencoded.png PROPERTY FEATURES Site Specifications 18,700 sq ft Total parcel size 2 Lots Two buildings on site 2,500 sq ft Approximate area under air preencoded.png Lot Configuration Parcel Details Folio #1: 504234011630 Folio #2: 504234011640 Address: 148 N Federal Hwy Two adjacent lots with a combined frontage of 40 feet, separated by a 5-foot strip. preencoded.png CC — City Center Zoning The property is zoned City Center (CC), permitting a wide range of uses: Retail Office Residential Café Distillery / Brewery Art Gallery preencoded.png Next Steps The CRA is exploring multiple pathways for the future of this landmark property. Stakeholders are encouraged to express inter est through a Letter of Interest (LOI) or explore a Public-Private Partnership (P3). Hold Develop Lease Sell Each pathway offers distinct opportunities for revitalizing this key parcel in the Downtown Dania Beach district. preencoded.png PARTNERSHIP OPPORTUNITIES LOI & P3 Options LOI — Letter of Interest Submit a formal expression of interest to engage with the CRA on potential use of the property. P3 — Public-Private Partnership Explore collaborative development models combining public ownership with private investment and expertise. preencoded.png Q & A The CRA Redevelopment Real Estate Manager welcomes comments and discussion from the Board and stakeholders.