Agenda 05-06-21 d
BEACK�,,,,,,CRA
OWN=
COMMU N FTY REDEVELOPMENT AGENCY
CRAAdvisory Board Meeting
Thursday, May 6, 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-April 1, 2021
7. Assignments
A. Pending Assignments
1. Review of Commercial Properties within the CRAArea
B. New Assignments
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 CRA Advisory Board Meeting Minutes -April 1, 2021
SUMMARY:
See attached minutes.
CRAAB RECOMMENDATION:
Approve April 1, 2021 CRA Advisory Board meeting minutes.
ATTACHMENTS:
Description
D April 1, 2021 CRAAdvisory Board Meeting Minutes
MINUTES OF THE CRAADVISORY BOARD MEETING
WEBEX ONLINE MEETING
100 E. OCEAN AVENUE
BOYNTON BEACH, FLORIDA 33435
HELD ON THURSDAY, APRIL 1, 2021, AT 6:30 P.M.
PRESENT: STAFF:
Anthony Barber, Chair (arr. 6:50) Michael Simon, CRA Executive Director
Allan Hendricks, Vice Chair Bonnie Nicklien, CRA Grants & Project Mngr
Naomi Cobb Crysta Parkinson, Prototype, Inc.
Angela Cruz
Golene Gordon ALSO PRESENT:
Sharon Grcevic Sergeant Henry Diehl
ABSENT:
Thomas Devlin
Ms. Nicklien gave the introductory statement for participating in this Zoom Online
Meeting.
1. Call to Order
The meeting was called to order by Vice Chair Hendricks at 6:37 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 Mr. Gordon, seconded by Ms. Cobb, to adopt the agenda. In a
voice vote, the motion passed unanimously (5-0).
4. Information Only -- None
5. Public Comment -- None
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida April 1, 2021
6. Consent
A. Approval of CRAAdvisory Board Meeting Minutes — March 4, 2021
Motion made by Chair Barber, seconded by Ms. Gordon, to approve the March 4, 2021,
minutes. In a voice vote, the motion passed unanimously (5-0).
7. Assignments
A. Pending Assignments
i. Review of Commercial Properties within CRAArea
Mr. Simon said the CRA Board reviewed and accepted the categorizations of the
properties from the last CRAAB meeting and has created a new assignment, to
look at a wider area of the CRA District, this time for commercial properties for
sale. Similarly, this Boards is asked to review the property, discuss if necessary,
and determine in which of these three following categories the property would
fall:
• Pursue now as a land banking opportunity.
• Pursue at a future date.
• Does not fit the CRA Mission.
From the Notice Agenda (see attached), the following properties were presented:
• 379 SE 4t" Street -- SE 4t" Street Assemblage
o Grouping of properties on SE 4t" Street, south of 500 Ocean.
o CK Locksmith, vacant parcels that run behind the yellow house
(include).
o Represented by Jim Knight of Knight Brokerage (owned by several
Boynton Beach business owners).
0 2.45 acres listed for $4.5 million.
• 1017 North Federal Highway
o Troy's BarBQ Catering Site.
o At corner of MLK Jr Blvd and southbound Federal Highway.
o .21 acres, 1,000 square feet building, listed for $675,000.
[Chair Barber joined meeting at 6:50 p.m.]
• 2508 North Federal Highway
o Vacant parcel on North Federal Highway and Palm Drive.
o Close to northern edge of CRA District.
o Property has been owned several times and brought forth to the
City for site plans for townhouses.
o Neighborhood requires gated entry by developer.
o If townhouses were built, perhaps straight commercial use.
o Listed for $700,000.
2
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida April 1, 2021
• 3377 N Federal Highway
o Sitting in a County pocket, should be removed from the list.
o If it was of interest, this property is north of Walmart, headed north
into Boynton.
o Has a Boynton address, has been there a hundred years, still two
or three small pockets in the County; services by Palm Beach
County Sheriff's Office.
o Statute restrictions unknown; perhaps if purchased could be
annexed into the City.
o An eyesore, improvement would benefit from an aesthetic
standpoint.
o Listed price $599,000 for 0.15 acre.
• S Federal Highway at SE 1St Avenue
o East side of Federal Highway across from 500 Ocean.
o Listed by Jim Knight.
o Listed for $10 million for 2.76 acres
o Probably not something the CRA could afford, but it is in the District.
o Recently site plan approved for 270 residential units and 18,000
square feet retail.
o Owners trying to sell the project and the land together.
• 2821 S Federal Highway
o Known as the Homing Inn, a rundown apartment/hotel building.
o North of Walmart.
o Difficult property for the City, not a welcoming hotel.
o Not reasonably priced at $9.1 million, would like $10 million, turning
down other offers.
o Some vacant and separately owned parcels to the north; perhaps
it could be incorporated into a larger project.
o Still on market, not under contract.
• 609 N Railroad Avenue
o North of Boynton Beach Boulevard.
o North Railroad runs along the tracks, on the west side where
Twisted Fish and Bud's Chicken are.
0 10,000 square feet, of which 8,000 is warehouse, 1,200 square feet
office.
o Listed at $1.7 million, just under half acre, zoned light industrial.
Vice Chair Hendricks turned the meeting over to Chair Barber who, before
continuing with the Agenda item, clarified that the new Member, Naomi Cobb,
has replaced Aquannette Thomas. Due to arriving late, he asked for a
clarification of the assignment as presented thus far. Mr. Simon confirmed and
reviewed the three categories, stating there is no time limit or deadline; the Board
is free to look at it over in whatever manner is needed.
3
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida April 1, 2021
Open discussion followed on how the Board should proceed. Chair Barber went
around the Board asking for recommendations. Most Members were not familiar
with anything, with the exception of the Hotel, but agreed on removing the county
property from the list. The Board wanted to have a brief discussion now, but
then go to look at the properties and have a more informed discussion at
subsequent meetings. Chair Barber urged Members to take into account not just
the building, but the overall land and its value to the CRA.
Chair Barber asked for a refreshing of the overall vision or short purpose of the
CRAfor the new members. Mr. Simon summarized the CRA's ability to purchase
property through sale or by gift and the statutory ability to dispose of or redevelop
the properties for economic development and/or affordable housing. The CRA
can purchase property and own and rent it as commercial space with a tenant,
but this is not something the CRAs want to do for long periods of time (goal is to
sell back to the private sector).
The CRA can do demolition on a dilapidated structure or make improvements
(such as broken windows) to improve safety and/or quality of life for residents.
Properties can be considered for potential acquisitions for demolition, sale to the
private sector for redevelopment, or public investment such as a welcome sign
or green space.
Properties may be on a corridor of interest to the development community but
present an overwhelming task for the private sector for one reason or another
and continues to sit neglected for some time. The CRA could come in and clean
up and otherwise improve the site to get it ready for private purchase (such as
clean up contamination of an old gas station). Such things are supported by the
CRA Plan and the Statute.
Chair Barber opened up initial discussion on several properties as pieces that
flow into the overall plan and vision of the CRA. In particular:
o SE 1 st Avenue at S Federal Highway would be a purchase now as a land
banking opportunity.
0 1017 N Federal does not fit the CRA mission; the building has had a
tenant since 1996, is overpriced for where it is and what it is. Other uses
were explored to no avail. Ms. Cobb had comments on a gateway into a
community and wondered if the price was negotiable. Mr. Simon stated
tentative discussions with the owner haven't led to anything encouraging.
o For reference, Mr. Simon noted that the CRA had owned the properties
catty-cornered the northeast corner of MILK, took the buildings down, and
put back up for redevelopment. Now two businesses have partnered to
build a new office building there. Other examples were given.
0 2508 N Federal Highway -- no redevelopment happening there and the
property has been for sale for a long time. Attempts for eight townhouses
on the site have been attempted more than once, but has failed each
time, same obstacles keep happening, such as the required gated entry.
4
Meeting Minutes CRA Advisory Board
Boynton Beach, Florida April 1, 2021
It is zoned C4, could be a commercial project, but all scenarios continue
to fall through.
0 3377 N Federal Highway -- had been a pawn shop; but this is in one of
the County pockets. Mr. Hendricks would like to see the property
developed, if possible, and that the pocket is not necessarily an obstacle.
It stands there as a statement to an unattractive corridor. The zoning and
features of the property were discussed. The property backs up to the
Tradewinds residential; the furniture store next to it is also for sale (3351
N Federal Highway, $1 .5 million). Next to the "psychic building," which
also needs to be torn down; the ticket clinic is gone. The property does
meet the CRA Mission; it was agreed that it is one of the uglier,
unattractive parcels on the Federal corridor. Mr. Simon will research the
Statute for annexing into the CRA District; but the process could be
difficult.
o S Federal Highway at SE 1 st Avenue -- Mr. Simon says the $10 million
price is due to designation as a site with site plan approval and the
property was provided as a comparison for other sites currently for sale.
The existing site was discussed from aerial views and current
businesses. It has received site plan approval and is being marketed as
274 unit mixed-use. The developer backed out of contract for unknown
reasons. All the owners have come together to put it up for sale as one
big parcel. Chair Barber was interested in exploring purchasing this site
and discussion ensued on criteria and current interest in development of
any sort. There may be a way to buy it, but it would take more than one
budget year, possibly two and it would consume entire budget funds.
o Homing Inn -- Currently listed at $9.1 million. No interest.
0 609 N Railroad Avenue -- Currently listed at $1.7 million, located north of
Boynton Beach Boulevard and west of the tracks. Large parcel, has
parking, and is an industrial site. Ms. Grcevic noted this type of building
is rare in the county, hard to find warehouses with parking and a four door
garage. Mr. Hendricks thought this could possibly be in demand and
another one for the market; it may have been fixed up. Chair Barber
encouraged the Board to take a drive by for further discussion in May.
Motion made by Chair Barber, seconded by Ms. Gordon, to table until the next meeting
so Board Members have an opportunity to look and come back with a ranking system. In
a voice vote, the motion passed unanimously (6-0).
8. Adjournment
Upon motion duly made and seconded, in a voice vote, the motion passed unanimously
(6-0) and the meeting was adjourned at 8:07 p.m.
Attachments: Presentation of Commercial Properties with CRAArea
[Minutes transcribed by M. Moore, Prototype, Inc.]
5
d
BEACK�,,,,,,CRA
OWN=
COMMU N FTY REDEVELOPMENT AGENCY
ADVISORY BOARD ITEM A.1.
PENDING ASSIGNMENTS
SUBJECT:
Review of Commercial Properties within the C RA 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.
Of the properties for sale (see Attachment 1), 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
417 NE 6th Avenue
609 N. Railroad
Avenue
3377 N. Federal
Highway
3351 N. Federal
Highway
FISCAL IMPACT:
To be determined.
CRA PLAN/PROJECT/PROGRAM:
2016 Boynton Beach Community Redevelopment Plan
CRAAB RECOMMENDATION:
To be determined.
ATTACHMENTS:
Description
Attachment I -CoStar Property Report
Property Summary Report
417 NE 6th Ave
Boynton Beach, FL 33435 - Boynton Beach Submarket
BUILDING
Type 1 Star Industrial Warehouse
Tenancy Single
Year Built 1955
RBA 1,609 SF
t t ,
Stories 1
Typical Floor 1,609 SF
Construction Masonry
LAND
Land Acres 0.24 AC
Zoning M1
EXPENSES
Taxes $3.72/SF(2020)
PARCEL LOADING
Cocks None Drive Ins 1 tot.
Canes None Rail Spots None
SALE TRANSPORTATION
For Sale $529,000($328.78/SF) Parking 6 available(Surface);Ratio of
Cap Rate 10.00% 3.73/1,000 SF
Commuter Rail 8 min drive to Boynton Beach Com-
Sale Type Investment or Owner User muter Rail(Tri-County Commuter)
Status Active Airport 23 min drive to Palm Beach Interna-
tional Airport
Walk Score® Very Walkable(71)
Transit ScoreO Minimal Transit(0)
TENANTS
Eastern Towing
PROPERTY CONTACTS
Sales Company Eastern Auto Body True Owner Floering David
417 NE 6th Ave 417 6th Ave
Boynton Beach, FL 33435 Boynton Beach, FL 33435
Recorded Owner Floering David (561)369-4356(p)
417 6th Ave
Boynton Beach, FL 33435
(561)369-4356(p)
Copyrighted report licensed to CoStar Group 4/30/2021
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Property Summary Report
609 N Railroad Ave `
Boynton Beach, FL 33435 - Boynton Beach Submarket
BUILDING
Type 2 Star Industrial Warehouse
Tenancy Multi
Year Built 1960
FBA 9,267 SF
air,k
Stones 1
Typical Floor 9,267 SF
��P k 'M1fr f•SY`e t'+Ctl Y�r � Ceiling Ht
12'
-
Construction Masonry
LAND
Land Acres 0.42 AC
Zoning M1
EXPENSES
Taxes $1.96/SF(2020)
PARCEL LOADING
Cocks None Drive Ins 4 tot.
Rail Spots None
POWER& UTILITIES FEATURES
Power 3p
Utilities Heating-Electric, Lighting-Fluores- . 24 Hour Access • Air Conditioning
cent, Sewer-City,Water-County . Fenced Lot • Storage Space
• Ya rd
FOR LEASE
Smallest Space 3,000 SF Industrial Avail 3,000 SF
Max Contiguous 3,000 SF
##of Spaces 1
Vacant 9,267 SF
% Leased 0%
Fent $15.00
Service Type Double Net
Copyrighted report licensed to CoStar Group 4/30/2021
CoStarTM Page 6
Property Summary Report
609 N Railroad Ave `
Boynton Beach, FL 33435 - Boynton Beach Submarket
AVAILABLE SPACES
Floor Suite Use Type SF Available Fir Contig Bldg Contig Rent Occupancy Term
P1st Industrial Direct 3,000/500ofc 3,000 3,000 $15.00/NN Vacant Negotiable
Filing Flus Inc
We have a warehouse for rent and also, a office for rent. Both are 3,000 sgft.
SALE TRANSPORTATION
For Sale $1,699,999($183.45/SF) Parking 25 available(Surface);Ratio of
Sale Type Investment or Owner User 2.70/1,000 SF
Commuter Rail 8 min drive to Boynton Beach Com-
Status Active muter Rail(Tri-County Commuter)
Last Sale Airport 23 min drive to Palm Beach Interna
Cold Price $1,000,000($107.91/SF) tional Airport
Cate Jul 2019 Walk Score® Very Walkable(71)
Sale Type Investment Transit ScoreO Minimal Transit(0)
Financing Down Payment of$100,000(10%)
Unknown:Branch Banking&Trust
Company
TENANTS
All My Sons Moving&Storage
PROPERTY CONTACTS
Primary Leasing Company Piling Plus Inc Sales Company Bowen Realty
609 N Railroad Ave 12769 W Forest Hill Blvd
Boynton Beach, FL 33435 Wellington, FL 33414
(954)520-5068(p) (561)429-2070(p)
True Owner Eric Newmark Recorded Owner THE 4856 GROUP LLC
4856 Bocaire Blvd 4856 Brocaire Blvd
Boca Raton, FL 33487 Boca Raton, FL 33487
(954)520-5068(p)
Previous True Owner Drapery Castle, Inc.
1220 SW 35th Ave
Boynton Beach, FL 33426
(561)752-5585(p)
(561)276-3378(f)
Copyrighted report licensed to CoStar Group 4/30/2021
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Property Summary Report
3377 N Federal Hwy F° `
Boynton Beach, FL 33483 - Delray Beach Submarket
BUILDING
t`l� k1 Tyre 1 Star Retail Freestanding
\1Tenancy Single
..
,`g
r i t r r it 1 y t(i tS fr�r�f3 JAS ,t, - -
YeaC BC711t 1979
P w
GLA 1,220 SF
Stories 1
®.... Typical Floor 1,220 SF
Cocks None
Construction Masonry
LAND
Land Acres 0.15 AC
Zoning C3
EXPENSES
Taxes $3.20/SF(2020)
PARCEL
TENANTS
Pawn or Cash Inc 1,605 SF Super Clean Property Rescue
SALE TRAFFIC &FRONTAGE
For Cale $599,000($490.98/SF) Traffic Volume 22,543 on N Federal Hwy&Chukker
Cale Type Investment or Owner User Rd N(2020)
28,624 on Federal Highway&Intra-
Status Active coastal Rd SE(2020)
Last Sale Frontage 100'on N Federal Hwy
Cold Price $437,680($358.75/SF) Made with Traffic Metrix@'roducts
Cate Feb 2020
TRANSPORTATION
Forking 10 available(Surface);Ratio of 8.20/1,000 SF
Commuter Rail 12 min drive to Delray Beach Commuter Rail(Tri-County Commuter)
Airport 25 min drive to Palm Beach International Airport
Walk CcoreO Car-Dependent(39)
Transit Score® Minimal Transit(0)
Copyrighted report licensed to CoStar Group 4/30/2021
CoStarTM Page 3
Property Summary Report
3377 N Federal Hwy F° `
Boynton Beach, FL 33483 - Delray Beach Submarket
PROPERTY CONTACTS
Primary Leasing Company Anaheim Properties, Inc. Sales Company Anaheim Properties, Inc.
1155 SW 25th Ave 1155 SW 25th Ave
'Au-m-12
Boynton Beach, FL 33426 'Au-m-12
Boynton Beach, FL 33426
(561)369-5993(p) (561)369-5993(p)
(561)369-7106(fl (561)369-7106(fl
True Owner 631 Hummingbird, LLC. Recorded Owner Peters 3377 N Fedl Highway Ll
6023 LeLac Rd 6023 Le Lac Rd
Boca Raton, FL 33496 Boca Raton, FL 33496
(561)338-5080(p) Previous True Owner Douglas Peters
Previous True Owner Lesli 3377 N Fed Highway LLC 6023 LeLac Rd
9193 Delemar Ct Boca Raton, FL 33496
Wellington, FL 33414 (561)516-1355(p)
(561)290-3987(p)
Copyrighted report licensed to CoStar Group 4/30/2021
CoStarTM Page 4
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Property Summary Report
3351 N Federal Hwy -Wicker & Rattan Furniture `
Delray Beach, FL 33483 - Delray Beach Submarket
BUILDING
r n� Type 2 Star Retail Storefront
Tenancy Multi
rIN��� 4l Year Built 1958
,�411t� ``i##j COLA 5,000 SF
z
Stories 1
Typical Floor 5,000 SF
Docks None
Construction Masonry
LAND
Land Acres 0.50 AC
gill
Zoning CG
EXPENSES
Taxes $2.57/SF(2020)
PARCEL
TENANTS
All About Wicker LLC
AMENITIES SALE
For Sale $1,499,000($299.80/SF)
• Signage Sale Type Investment or Owner User
Status Active
TRAFFIC &FRONTAGE TRANSPORTATION
Traffic Volume 28,624 on Federal Highway&Intra- Parking 12 available(Surface);Ratio of
coastal Rd SE(2020) 2.40/1,000 SF
25,099 on Federal Highway&Bam- Commuter Rail 12 min drive to Delray Beach Com-
boo Ln N (2019) muter Rail(Tri-County Commuter)
Frontage 200'on N Federal Hwy(with 2 curb Airport 26 min drive to Palm Beach Interna
cuts) tional Airport
Made with Traffic Metrix@ 'roducts Walk ScoreO Car-Dependent(39)
Transit ScoreO Minimal Transit(0)
Copyrighted report licensed to CoStar Group 4/30/2021
CoStarTM Page 1
Property Summary Report
3351 N Federal Hwy -Wicker & Rattan Furniture `
Delray Beach, FL 33483 - Delray Beach Submarket
PROPERTY CONTACTS
Primary Leasing Company Chris Lowry Realty Services Sales Company Chris Lowry Realty Services
80 N 4th Ave 80 N 4th Ave
Delray Beach, FL 33483 Delray Beach, FL 33483
(561)523-3939(p) (561)523-3939(p)
(561)279-7167(fl (561)279-7167(fl
True Owner Gerardo&Linda S Acosta Recorded Owner Gerardo&Linda S Acosta
4807 N Lee Rd 4807 N Lee Rd
Delray Beach, FL 33483 Delray Beach, FL 33483
(561)638-9215(p) (561)638-9215(p)
Previous True Owner Gerardo&Linda S Acosta
4807 N Lee Rd
Delray Beach, FL 33483
(561)638-9215(p)
SALE HIGHLIGHTS
• 200 Ft FRONTAGE ON US1
• GREAT VISIBILITY
• GREAT PARKING
• CONVENIENTLY LOCATED BETWEEN BOYNTON BEACH &DELRAY BEACH
• High Traffic Count
Copyrighted report licensed to CoStar Group 4/30/2021
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