Agenda 03-04-21 d
BEACK�,,,,,,CRA
OWN=
COMMU N FTY REDEVELOPMENT AGENCY
CRAAdvisory Board Meeting
Thursday, March 4, 2021 -6:30 PM
WebEx Online Meeting
561-737-3256
ADVISORYB
AGENDA
1. Call to Order
2. Roll Call
3. Agenda Approval
A. Additions, Deletions, Corrections to the Agenda
B. Adoption of Agenda
4. Information Only
5. Public Comment
6. Consent
A. Approval of CRAAdvisory Board Meeting Minutes- February 4, 2021
7. Assignments
A. Pending Assignments
1. Review of Commercial Properties within Boynton Beach Boulevard
Corridor within CRAArea
8. Adjournment
Notice
THE CRA SHALL FURNISH APPROPRIATE AUXILIARY AIDS AND SERVICES WHERE NECESSARY TO
AFFORDAN INDIVIDUAL WITHA DISABILITYAN EQUAL OPPORTUNITYTO PARTICIPATE INAND ENJOYTHE
BENEFITS OF A SERVICE, PROGRAM OR ACTIVITY CONDUCTED BY THE CRA. PLEASE CONTACT THE
CRA, (561) 737-3256,AT LEAST 48 HOURS PRIOR TO THE PROGRAM OR ACTIVITY IN ORDER FOR THE
CRA TO REASONABLY ACCOMMODATE YOUR REQUEST.
ADDITIONAL AGENDA ITEMS MAY BE ADDED SUBSEQUENT TO THE PUBLICATION OF THE AGENDA ON
THE CRNS WEBSITE. INFORMATION REGARDING ITEMS ADDED TO THE AGENDAAFTER IT IS PUBLISHED
ON THE CRNS WEBSITE CAN BE OBTAINED FROM THE CRA OFFICE.
d
BEACK�,,,CRA
OWN=
COMMU N FTY REDEVELOPMENT AGENCY
ADVISORY BOARD ITEM 6.A.
CONSENT
SUBJECT:
Approval of C RA Advisory Board Meeting Minutes - February 4, 2021
SUMMARY:
See attached minutes.
CRAAB RECOMMENDATION:
Approve February 4, 2021 CRA Advisory Board meeting minutes.
ATTACHMENTS:
Description
D February 4, 2021 CRAAB Meeting Minutes
MINUTES OF THE CRAADVISORY BOARD MEETING
WEBEX ONLINE MEETING
100 E. OCEAN AVENUE
BOYNTON BEACH, FLORIDA 33435
HELD ON THURSDAY, FEBRUARY 4, 2021, AT 6:30 P.M.
PRESENT: STAFF:
Anthony Barber, Chair Michael Simon, CRA Executive Director
Allan Hendricks, Vice Chair Bonnie Nicklien, CRA Grants & Project Mngr
Angela Cruz Crysta Parkinson, Prototype, Inc.
Golene Gordon
ALSO PRESENT:
Sergeant Henry Diehl
ABSENT:
Thomas Devlin
Sharon Grcevic
1. Call to Order
The meeting was called to order by Chair Barber at 6:49 p.m.
2. Roll Call
Roll was called, and it was determined a quorum was present.
3. Agenda Approval
A. Additions, Deletions, Corrections to the Agenda
B. Adoption of Agenda
Motion was made by Ms. Gordon, seconded by Ms. Cruz, to adopt the agenda. In a
voice vote, the motion passed unanimously (4-0).
4. Information Only -- None
5. Public Comment -- None
6. Consent
A. Approval of CRAAdvisory Board Meeting Minutes — January 7, 2021
Motion made by Ms. Gordon, seconded by Mr. Hendricks, to approve the January 7,
2021, minutes. In a voice vote, the motion passed unanimously (4-0).
7. Assignments
A. Pending Assignments
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida February 4, 2021
i. Review of Commercial Properties within Boynton Beach Boulevard
Corridor within CRAArea
Chair Barber confirmed that there is nothing further to add to the packet and
continued to ascertain that the Board's assignment is to make a recommendation
on this item. Mr. Simon said yes, and that the Board can look at it as a holistic
analysis of the corridor itself, if it is felt that there are properties to keep "on the
radar." Again, the CRA Board did not allot any funding to this project; only a task
to select a couple of properties that could be of interest in next year's budget.
Or the Board can be really general and simply state the Boynton Beach
Boulevard Corridor is worthy of attention for certain acquisitions.
Mr. Hendricks wondered if any of the Board Members had sent back a Word
document about their section with not necessarily recommendations but
summaries or maybe an inventory of what they had found. Some discussion
followed on who has done what so far and Mr. Hendricks volunteered to do an
overall summary to provide a "big picture."
Chair Barber suggested that this project needs more guidance, perhaps a dollar
amount attached, looking at something to possibly purchase in five years. He
noted he is not a fan of busy work. Perhaps a motion to table this and seek out
a little more specificity from the CRA Board regarding parameters for more
concrete results. In the event no guidelines are forthcoming, then this Board
may kick it back and move not to make a recommendation on any of these.
Ms. Cruz and Mr. Hendricks agreed. The initial work has been done but the
focus for the report is still undefined. Ms. Gordon added that she did not think
any recommendations were expected, it was more of a scouting exercise, what
is suitable and affordable in that corridor.
Motion made by Ms. Cruz, seconded by Mr. Hendricks, to seek clarification regarding
what the CRA Board is looking for or if they want a recommendation based on these final
four properties. In a voice vote, the motion passed unanimously (4-0).
B. New Assignments
i. Discussion and Consideration of Survey Questions for Community Input
for the CRA Project Located at 115 N. Federal Highway
Chair Barber stated there is a lot to this assignment. First question to Mr. Simon
is are any of these proposed developers of 115 North Federal hinging their
development on the Brightline station actually coming to town. When Mr. Simon
said no, Chair Barber then asked what is the task?
Mr. Simon explained this item has been before the CRA Board since August
2020. As of the January 2021 meeting, the CRA Board has begun talking about
doing an RFP, but has not settled on any of these proposals in the Agenda
2
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida February 4, 2021
Packet. Having decided to go out for an RFP, what are some of the things the
development community should consider important to the CRA in their
responses. After much discussion, it was decided community input should be
gathered, including a dialog with the newly-formed Downtown Business Coalition
(approximately 20 business). Also seeking input from a bigger cross-section of
people throughout the City, perhaps a SurveyMonkey.
This Board's task is to review questions that Staff has drafted as survey
questions as to what should be done with the property. Questions or points of
desire can be added or edited to ask the public what should be sought in the
RFP. A brief summary of the project (aerial image of project site and what is
owned by CRA was shown).
• 115 N. Federal Highway
• The building is gone and is now a large parking lot.
• Can be zoned Mixed Use High, it is in the core so carries a density
of 80 units per acre
• If workforce housing is approved it would be up to 100 units.
• Options to ask for:
o Workforce housing
o More commercial than normal
o No commercial
o Public parking
o Single-family homeownership, detached/attached
• This would be a similar exercise to Cottage District RFP.
Survey Questions:
1 . Would you like to see a future redevelopment project incorporate a mix
of uses, such as commercial and residential?
2. Would you like to see a full-service grocery store (12,000 up to 20,000
square feet) as a commercial component incorporated into a future
project?
3. Would you like to see a hotel incorporated into a future project?
4. Would you like to see Workforce Housing as a component of a future
project?
5. Would you like to see larger than required public open space(s)
incorporated into the design of a future project?
6. Would you like to see additional public parking spaces incorporated
into a future project?
7. Would you like to see accommodations for mass transit or ride sharing
amenities (such as bus stops, ride sharing pickup/drop off locations,
incorporated into a future project?
8. Are you a resident or business owner in Boynton Beach?
3
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida February 4, 2021
Before discussing the individual survey questions, general discussion began,
including the possibility of upscale restaurants rather than "sporty" kinds, but
mostly discussing the limitations of the Mixed Use High zoning. It is important
that the public is given background information and understands just what
can happen and cannot, such as there will not be any parks. A frank
discussion on upscale restaurants and Workforce housing in the same
building, for instance, seems mutually exclusive.
Chair Barber asked about the purpose of the survey, who initiated it. Mr.
Simon said it was initiated by the CRA Board Chair. Mr. Hendricks added
that if there is not a survey, people are going to claim nobody asked them
about the redevelopment; to which Ms. Cruz agreed the public should be
involved.
Mr. Simon noted that the CRA is a public agency that owns the property and
continued to explain the reasoning behind the survey and how such projects
have been conducted in the past. It's a forgone conclusion that this is going
to be a mixed used project; however if the Board does not want mixed-use,
or if the survey came back with 200 residents saying, no, they don't want
mixed use, the plan would be rewritten and the zoning changed.
As to the grocery, Mr. Simon noted one of the letters of interest, an
independent grocer, is interested in opening a grocery store there (has had a
grocery store in Boca for 35 years). The store would most likely be 10,000-
15,000 square feet and would employ neighborhood people and may include
something unique incorporating neighborhood gardening. This is a viable
letter of interest different from the others.
The purpose of releasing the RFP with suggestions is to direct the developer,
it doesn't mean all those suggestions can or will be met. Rather than CRA
releasing set questions for the survey, they have come to CRAAB to get input
on what it feels are important before going to the general public.
Ms. Gordon proposed the need for affordable office space as so many new
spaces are sitting empty now because of the price. Mr. Hendricks said he
had heard this mentioned before. Mr. Simon thought perhaps some language
early on that a certain percentage of office space could be offered at below-
market value and subsidizing could be sought to make it happen. Ms. Cruz
added that with the trend of working at home since Covid-19, perhaps office
space is not the best use of available space; perhaps more restaurants/
apartments/housing. Mr. Simon suggested perhaps the developer should
provide wi-fi, not only to the individual units but to the plaza of commercial
users. Such "smart technology" would not only include wi-fi but even the
City's new cooling energy plant, as the building codes now are pretty strict,
pushing toward green/sustainability.
4
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida February 4, 2021
Chair Barber proposed the following recommendations to the survey
questions:
Q1. Should have a clearer explanation of mixed use within the question?
Q2. Example of the type of grocery store that is within that size scope
Q4. Example of home prices for workforce housing.
Q5. Example of what a public open space is.
Q7. Examples of Ride Sharing.
Discussion continued predominantly on the criteria behind the meaning of
Workforce Housing, the style and what the developer wants to build, and the
resulting prices of everything related to the project. The discussion included
tax credits for Workforce Housing, there may or may not be an advantage to
the developer, remembering the Workforce and Affordable Housing are two
different things (Workforce is not much of a difference to standard market
value). Mr. Simon said the community is likely aware of the cost of housing
in Boynton Beach and that affordable housing would be great, elected
officials support it, and there definitely is a hole in the market. A survey
question on this would be one way to let the community tell us they agree
with us. The goal is to get reassurance from the community that things are
on the right track.
The next discussion was on rentals/condos/residential. It is difficult to tell the
market what to build. A survey question on what the public wants, rental or
ownership, could be added. Ms. Gordon noted there are more rental
properties right now in Boynton and from what she has seen, they are not
that affordable. One thing to consider is that ownership brings in taxes; there
are still so many buildings (all rentals) coming up on Old Boynton and more
are coming.
Going forward, each question was discussed, with the remaining language
given as a recommendation to the CRA Board-
1 .
oard:1 . Would you like to see a future redevelopment project incorporate a mix
of uses, such as commercial and residential? [as is]
2. Would you like to see a grocery store as a commercial component
incorporated into a future project? [as modified]
3. Would you like to see a hotel incorporated into a future project?
[split on even keeping this question in the survey.]
4. Would you like to see Workforce Housing as a component of a future
project? [as is]
5. Would you like to see larger than required public open space(s)
incorporated into the design of a future project? [confusing, clarify the
language]
6. Would you like to see additional public parking spaces incorporated
into a future project? [as is]
5
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida February 4, 2021
7. Would you like to see accommodations for mass transit or ride sharing
amenities (such as bus stops, ride sharing pickup/drop off locations)
incorporated into a future project?
8. [new question] Would you like to see smart technology (such as public
wifi, energy efficiency) incorporated into a future project?
9. Are you a resident or business owner in Boynton Beach? [as is]
The Board would like to see some language included in Question 1 about
affordable office space; Mr. Simon said "commercial, office, residential" could
be added. Some discussion ensued.
Motion made by Ms. Gordon, seconded by Ms. Cruz, to forward the CRA Board the above
recommendations to the proposed survey. In a voice vote, the motion passed
unanimously (4-0).
8. Adjournment
Upon motion duly made and seconded, in a voice vote, the motion passed unanimously
(4-0) and the meeting was adjourned at 8:12 p.m.
Attachments: Draft BBCRA Survey Questions
[Minutes transcribed by M. Moore, Prototype, Inc.]
6
1 I,
B E AC H C R A
COMMUNITY REDEVELOPMENT AGENCY
ADVISORY BOARD ITEM A.1.
PENDING ASSIGNMENTS
SUBJECT:
Review of Commercial Properties within Boynton Beach Boulevard Corridor within CRA Area
SUMMARY:
At their July 14, 2020 meeting, the CRA Board assigned the CRAAB with the task of identifying
available properties located within key commercial and light industrial areas of the CRA. CRA
staff will provide the CRAAB with a list of properties found on Costar/LoopNet and the Multiple
Listing Service that are being marketed as "for sale."
The CRA Board's assignment involves the CRAAB performing research and analysis on these
properties. The goal of the assignment is to have the CRAAB provide a priority list of properties
or recommendations on whether or not to pursue possible acquisition based on available funding.
All land assemblages for future redevelopment shall be in furtherance of the 2016 Boynton
Beach Community Redevelopment Plan.
At the August 11, 2020 Board Meeting, the CRA Board provided further direction for CRAAB to
focus on the Boynton Beach Boulevard corridor for the assignment to coincide with the future
Boynton Beach Boulevard roadway improvements and other redevelopment activities. CRA staff
has provided the results of available property searches from CoStar/LoopNet as Attachment I.
At the February 4, 2021 meeting, the CRA Advisory Board requested additional information from the
CRA Board regarding the goal of the assignment. The CRA Board provided the following direction at
their February 9, 2021 Board meeting:
Of the properties for sale along Boynton Beach Boulevard, categorize them as one of the following
options:
• Pursue now as a land banking opportunity; or
• Pursue at a future time to be determined by the CRA Board; or
• Do not pursue because it does not fit the CRA mission
Pursue Now as a pursue at a Future Does not Fit the
Property Address Land Banking Date CRAMission
Opportunity
300 NE 2nd Street
225 W. Boynton
Beach Boulevard
420 W. Boynton No longer available:
Beach Boulevard Sold in December
2020 for$1.69
million
433 W. Boynton
Beach Boulevard
FISCAL IMPACT:
To be determined.
CRA PLAN/PROJECT/PROGRAM:
2016 Community Redevelopment Plan
CRAAB RECOMMENDATION:
To be determined.
CRA BOARD OPTIONS:
To be determined.
ATTACHMENTS:
Description
D Attachment I -Commercial Properties For Sale on E. Boynton Beach Blvd.
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300 NE 2nd St Building Type:Land Space Avail:0 SF
Status: Existing Max Contig:0 SF
Boynton Beach,FL 33424 Building Size: Smallest Space:_
Land Area: 1.03 AC Rent/SFNr:For Sale Only
Palm Beach County Stories:_ % Leased:0%
Boynton/Lantana Submarket
8/26/2020
Copyrighted report licensed to Boynton Beach Community Redevelopment Agency-686423.
Only properties with valid lat/lon display on map
Page 1
225 W Boynton Beach Blvd Building Type:Land Space Avail:46,174 SF
P,c- Status: Existing Max Contig:0 SF
Boynton Beach,FL 33435 Building Size: Smallest Space:_
Land Area: 1.06 AC Rent/SFNr:Withheld
Palm Beach County Stories:_ % Leased:0%
Boynton/Lantana Submarket
420 W Boynton Beach Blvd Building Type:Class B Office/Loft/Creative Space Avail:6,000 SF
Space Max Contig:6,000 SF
Boynton Financial Centre Status:Built 1985 Smallest Space:6,000 SF
t Building Size:6,083 SF Rent/SF/Yr:For Sale Only
= to ?•, Boynton Beach,FL 33435 Typical Floor Size:6,000 SF % Leased:1.4%
Palm Beach County Stories:2
Expenses:2019 Tax @$3.23/sf
Boynton/Lantana Submarket
433 W Boynton Beach Blvd Building Type:Land Space Avail:0 SF
Status: Existing Max Contig:0 SF
n Downtown Boynton Beach Building Size: Smallest Space:_
Blvd. Land Area:0.56 AC/0.56 AC(Net) Rent/SFNr:For Sale Only
Stories:_ oho Leased:0%
Boynton Beach,FL 33435
Palm Beach County
Boynton/Lantana Submarket
8/26/2020
Copyrighted report licensed to Boynton Beach Community Redevelopment Agency-686423.
Only properties with valid lat/lon display on map
Page 2
Property Summary Report
300 NE 2nd St
Boynton Beach, FL 33424- Boynton/Lantana Submarket
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LAND
Type: Commercial Land Topography: Level
Land AC: 1.03 AC
Land SF: 44,867 SF
ZONING& USAGE
Zoning: C4, R2
Proposed Use Mixed Use
Approvals: Maps
CURRENT CONDITION
Grading: Raw land
Infrastructure: No Curb/Gutter/Sidewalk, No Electricity, No Gas, No Sewer, No Streets, No Water
TRAFFIC& FRONTAGE
Traffic Volume: 19,585 on East Boynton Beach Boulevard &NE 3rd St(2020)
33,915 on E Boynton Beach Blvd& NE 3rd St(2013)
Frontage: 172'on NE 2nd St.
Made mvith TrarficMetrix"Preducr
TRANSPORTATION
Commuter Rail: 8 minute drive to Boynton Beach Commuter Rail (Tri-County Commuter)
Airport: 22 minute drive to Palm Beach International Airport
Walk Score o: Very Walkable(77)
Transit Score o: Minimal Transit(0)
8/26/2020
Copyrighted report licensed to Boynton Beach Community Redevelopment Agency- Page 1
F! 686423. COStar 9
Property Summary Report
225 W Boynton Beach Blvd
Boynton Beach, FL 33435- Boynton/Lantana Submarket
Image
, cit Available'
LAND
Type: Commercial Land Topography: Level
Land AC: 1.06 AC
Land SF: 46,174 SF
ZONING& USAGE
Zoning: C2 and and R1
Proposed Use: Commercial,Convenience Store, Day Care Center, Fast Food, Medical, Restaurant, Retail, Service Station,Strip Center
CURRENT CONDITION
Grading: Raw land
Infrastructure: Curb/Gutter/Sidewalk, Electricity, No Gas, Sewer, Streets,Water
TRAFFIC& FRONTAGE
Traffic Volume: 32,140 on West Boynton Beach Boulevard& NW 3rd St(2020)
30,783 on W Boynton Beach Blvd &NW 4th St(2020)
Frontage: 260'on Boynton Beach Blvd.(with 4 curb cuts)
Made vvith TrarficMe rixJ Producr
TRANSPORTATION
Commuter Rail: 7 minute drive to Boynton Beach Commuter Rail (Tri-County Commuter)
Airport: 21 minute drive to Palm Beach International Airport
Walk Score o: Very Walkable(72)
Transit Score o: Minimal Transit(0)
8/26/2020
Copyrighted report licensed to Boynton Beach
.Community Redevelopment Agency- COStaYTM Page 3
Property Summary Report
420 W Boynton Beach Blvd - Boynton Financial Centre
Boynton Beach, FL 33435- Boynton/Lantana Submarket
BUILDING
!i t,
Type: Class B Office
Tenancy: Multiple
Year Built: 1985
r RBA 6,083 SF
4t ,
Floors 2
Typical Floor: 6,000 SF
f Construction Reinforced Concrete
LAND
Land Area: 0.34 AC
p ~;rte
Zoning C2
�t ilii ksf"til'�i7r;S1 �a!}f (l itt(r{�tYt
EXPENSES PER SF
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4rtY4 ter. t st �4 t .? k ' Taxes' $3.23 2019)
PARCEL
08-43-45-28-11-000-0030
AMENITIES
24 Hour Access, Controlled Access, Natural Light, Partitioned Offices, Plug& Play, Signage
LEASING
Available Spaces: No Spaces Currently Available
TRANSPORTATION
Parking: Surface Spaces @$0.00/mo;24 free Covered Spaces are available; Ratio of 3.95/1,000 SF
Commuter Rail 7 minute drive to Boynton Beach Commuter Rail (Tri-County Commuter)
Airport: 22 minute drive to Palm Beach International Airport
Walk Score o: Somewhat Walkable(65)
Transit Score o: Minimal Transit(0)
KEY TENANTS
Subway-South Florida 1,200 SF Gmr Payment Service 300 SF
PROPERTY CONTACTS
True Owner: 420 West Boynton Bch Blvd Llc Recorded Owner: 420 West Boynton Bch Blvd Llc
Pr'oper'ty Manager:Subway of South Florida
8/26/2020
Copyrighted report licensed to Boynton Beach Community Redevelopment Agency- Page 4
F! 686423. COStar g
Property Summary Report
420 W Boynton Beach Blvd - Boynton Financial Centre
Boynton Beach, FL 33435- Boynton/Lantana Submarket
MARKET CONDITIONS
Vacancy Rates r Current YOY Gross Asking Rents Per SF Current Yoyi
Current Building 98.6% 98.6% Submarket 1-3 Star $29.95 4.8%
Submarket 1-3 Star 9.5% o.9% Market Overall $35.21 4.5%
Market Overall 10.4% 1.2%
Submarket Leasing Activity Current YOY Submarket Sales Activity Current Yoyi
12 Mo. Leased SF 141,351 0.5% 12 Mo. Sales Volume(Mil.) $8.1 -59.7%
Months On Market 9.0 1.0 mo 12 Mo. Price Per SF $274 9.o%
8/26/2020
Copyrighted report licensed to Boynton Beach Community Redevelopment Agency- Page 5
F! 686423. COStar- g
Property Summary Report
433 W Boynton Beach Blvd - Downtown Boynton Beach Blvd.
Boynton Beach, FL 33435- Boynton/Lantana Submarket
f,u= - + ,„
NW 3rd Avenueo-
�;y NW 3rd Street
NW 4th Street ,+
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LAND
Type: Commercial Land Topography: Level
Land AC: 0.56 AC
Land SF: 24,394 SF
Dimensions: Irregular
PARCEL
08-43-45-21-15-000-0830
ZONING& USAGE
Zoning: C2-Office/Retail
Proposed Use. Hold for Investment
CURRENT CONDITION
Improvements: Vacant land
Grading: Raw land
Infrastructure: Curb/Gutter/Sidewalk, Electricity,Gas, Sewer, Streets,Water
TRAFFIC& FRONTAGE
Traffic Volume: 29,966 on W Boynton Beach Blvd &NW 4th St(2018)
32,820 on W Boynton Beach Blvd &I-95(2013)
Frontage: 218'on W Boynton Beach Blvd
113'on NW 4th St
Made mvith TrarficMetrix"Preducr
8/26/2020
Copyrighted report licensed to Boynton Beach Community Redevelopment Agency- e 6
�'' 686423. Costar+" Page
Property Summary Report
433 W Boynton Beach Blvd - Downtown Boynton Beach Blvd.
Boynton Beach, FL 33435- Boynton/Lantana Submarket
TRANSPORTATION
Commuter Rail: 7 minute drive to Boynton Beach Commuter Rail (Tri-County Commuter)
Airport: 21 minute drive to Palm Beach International Airport
Walk Score o: Somewhat Walkable(65)
Transit Score o: Minimal Transit(0)
PROPERTY CONTACTS
True Owner: HASNER REALTY CORPORATION
Recorded Owner: Boynton East Llc
Prior True Owner: Castle Florida Building Corp
8/26/2020
Copyrighted report licensed to Boynton Beach Community Redevelopment Agency- Page 7
F! 686423. COStar 9