Property Acquistion Report_FINAL
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Transcript of Property Acquistion Report_FINAL
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The Riviera Beach Community Redevelopment Agency has identified three areas for immediate infill
housing and redevelopment within the Agency’s Boundaries. These Impact Areas are:
1. Avenue E Impact Area #1: Broadway/US-1to Avenue G, south of 23rd street. The CRA’s
strategy is to stabilize neighborhoods along Avenue E from 11th street to 23rd street by infill
housing development; focused on owner occupancy. The CRA is slated to invest $7 million
in street and sidewalk improvements along Avenue E by 2018.
2. MLK Impact Area #2: Avenue G to Australian Ave., MLK Blvd. to 10th Street and the 7th
Street Target Properties along the Linear Park (Avenue L; three properties on 7th just east of
the Linear Park, on the north side of the road.) The CRA’s goal is to eliminate blight along
the MLK Blvd/SR 710 corridor and embark on a major transformation of the area at Avenue I
(to the east) and Australian Avenue (to the west) between MLK Blvd./SR 710 and 9th Street.
The focus is to create a new residential development providing quality rental housing for low
income families. The focus is to create a “neighborhood within a neighborhood.”. The Florida
Department of Transportation (FDOT) is clearing MLK Blvd./SR 710 between Australian
and Old Dixie HWY for a four lane vehicle roadway.
3. Old Dixie Impact Area #3: 1st Street to 10th Street (properties immediately adjacent to Old
Dixie Highway within the Agency boundaries), Old Dixie Highway to Avenue G to 6th
Street. The CRA seeks to create a commercial mixed use neighborhood with a focus on
neighborhood retail and an additional residential development for low to moderate income
families. FDOT’s road improvements have displaced businesses and created a void for
neighborhood goods and services. Old Dixie Hwy. is a high traffic corridor and an attractive
business district can help sustain small and minority owned businesses.
This report was prepared by Dynamite Planning Tech using ArcGIS mapping, along with the Riviera
Beach CRA Plan, discussions with staff, and visual inspections of potential acquisitions.
Recommendations focus on acquiring properties to further the CRA strategies highlighted above.
Within the Impact Areas, several major redevelopment projects are planned such as the:
1. Avenue E Bike Path (a bike path will be constructed along Avenue E from 11th Street to Silver
Beach Road).
2. The reconstruction and widening of SR 710 east/west from Australian Avenue to Old Dixie Hwy
and north/south from Old Dixie Hwy and SR 710 to 10th Street.
3. Sidewalk reconstruction and completion within the Riviera Beach Heights neighborhood
4. The Community Garden construction on 10th Street in the Riviera Beach Heights Neighborhood
5. The ongoing HouseXHouse painting and rehabilitation program within the Riviera Beach Heights
Neighborhood
6. The Linear Park which will
reconnect the Riviera Beach Heights
Neighborhood north to south.
The CRA is seeking to acquire over $9
million in real estate acquisitions and to
budget an additional $11 million in
development and design to stabilize and
transform Park Manor and Riviera Beach
Heights Neighborhoods in the CRA District.
The CRA’s Goal is to leverage its A&D
budget five fold into $12.5 million of new
residential and commercial construction.
Collaborate with Code
Enfocement
Collaborate with Major
Property Owners
Secure Bank Owned
Properties
Achieve Neighborhood Improvement
Objectives
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The CRA’s priority of acquisitions will focus on the following:
1. Collaborating with approved developers/property owners to assemble sites for targeted
redevelopment
2. Assessing property records to secure bank owned properties apparently acquired through
foreclosures
3. Assessing code enforcement records to secure properties through aggressive purchase efforts.
4. Areas targeted to further the CRAs neighborhood improvement objectives
The tables below present the total market value of ALL properties targeted for acquisition and
redevelopment to achieve the Agency’s redevelopment goals within the Impact Areas.
Avenue E Impact Area 1
Sub Areas Total Parcels 2014 Total Market Value
#1 1100 Block 11th Street 30 $1,496,072
#2 13th Street Corridor 35 $878,178.00
#3 Avenue E Corridor 33 $3,180,106.00
Total Market Value $5,554,356
MLK Impact Area 2
Sub Areas Total Parcels 2014 Total Market Value
#1 1000 Block MLK 27 $1,052,794
#2 700 Block 10th Street
(including City Easement)
8 $180,472
#3 Scattered Parcels 40 $1,078,538
Total Market Value $2,311,805
Old Dixie Impact Area 3
Sub Areas Total Parcels 2014 Total Market Value
#1 Old Dixie and 10th 7 $714,905
#2 Old Dixie, MLK, 9th
and 7th Parcels
27 $1,066,106
#3 500 Block 1st Street 1 $170,145
Total Market Value $1,951,156
Within the subareas, recommendations for acquisition are further refined to Top Priority Acquisitions; these are the
individual properties that will be acquired within the next six to twelve months; within each impact area using a
variety of acquisitions methods. These properties are listed in detail on the following pages.
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Impact Area 1
Priority Acqusition 1
•233 13TH ST
•321 13TH ST
•56434233060220010 BROADWAY
•56434233060220010 BROADWAY
•56434233060160292 AVENUE E
•56434233060120011 AVENUE E
•56434233060130172
•56434233060130152
•56434233060120011 AVENUE E
Priority Acqusition 2
•232 AVENUE F
•224 AVENUE F
•216 AVENUE F
•201 12TH ST
•173 AVENUE F
•167 AVENUE F
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Impact Area 2:
*Properties are listed in order of importance.
Top Priority Acqusition 1*
• 1148 DR. MLK BLVD/1150 W 8TH ST
• 1028 DR. MLK BLVD
• 1020 DR. MLK BLVD
• 1068 DR. MLK BLVD
• 1036 DR. MLK BLVD
• 1060 DR. MLK BLVD
• 1044 DR MLK BLVD
• 1012 DR MLK BLVD
• 1000 DR MLK BLVD
• W 8TH ST (Vacant Lot)
Top Priority Acqusition 2
• 1105 W 9TH ST
• 820 W 9TH ST
• W 9TH (56434232010250120)
• 1125 W 9TH
• 1115 W 9TH
• 1105 W 9TH
• W 9TH ST (56434232010250010)
• 1065 W 9TH
• 1057 W 9TH
• 1049 W 9TH
• 1041 W 9TH
• 1033 W 9TH
• 1025 W9TH
• 1017 W9TH
• 1009 W 9TH
• 1001 W 9TH
Top Priority Acqusition 3
• W 8TH ST (56434232010230350)
• 965 W 9TH
• 949 W 9TH
• 943 W 9TH
• W 9TH (56434232010230040)
• 901 W 9TH
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Impact Area 3
Priority Acqusition 1
• 501 OLD DIXIE HWY
• W 5TH ST
• 525 OLD DIXIE HWY
• 601 OLD DIXIE HWY
• 611 OLD DIXIE HWY
• 600 DR. MLK BLVD
• 608 DR. MLK BLVD
Priority Acquistion 2
• W 7TH ST
• 574 W 6TH ST
• 595 W 7TH ST
• 578 W 6TH ST
• 556 W 6TH ST
• 598 W 6TH ST
• 587 W 6TH ST
• 562 W 6TH ST
• 579 W 7TH ST
Priority Acquistion 3
• 233 OLD DIXIE HWY
• 301 OLD DIXIE HWY
• 531 W 4TH ST
• 411 OLD DIXIE HWY
• 501 OLD DIXIE HWY
• 109 OLD DIXIE HWY
• 125 OLD DIXIE HWY
• 523 W 3RD ST
• 315 OLD DIXIE HWY
• 201 OLD DIXIE HWY
• 522 W 3RD ST
• 501 W 1ST ST
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