Title
A Presentation By Lisa Liotta, Development Officer, To The City Commission Of The City Of Hollywood, Florida, On The Development Opportunity and Unsolicited Proposal For The City-Owned Property Located At 3250 Hollywood Boulevard Drive Under Florida State Statute 255.065 Governing Public-Private Partnerships.
Strategic Plan Focus
Quality of Life & Strong Neighborhoods
Body
Staff Recommends: For Informational Purposes.
Explanation:
On March 12, 2019, City of Hollywood voters passed a General Obligation Bond (GO Bond) during a Special Election to fund a variety of citywide public improvement projects. The GO Bond-funded citywide improvements included the construction of a new Hollywood Police Headquarters to replace the existing outdated building at 3250 Hollywood Boulevard and the revitalization of the Orangebrook Golf Course and Country Club, located at 400 Entrada Drive. The new Hollywood Police Headquarters site has been constructed at 401 S. Park Road, immediately south of the old Police Headquarters (See Exhibit A) which will be vacated in September 2026.
The subject property comprises approximately 8.7 acres available for redevelopment. The site is currently zoned for government use (GU), with single-family residential homes to the east (RS-3), an office park with low/medium commercial use (C-3) to the west of the property, and a shopping plaza with low/medium commercial use (C-2) to the north.
Given this property's prime location along the City’s signature boulevard near transit options with convenient interstate access, the City, through its economic development team has promoted it as a prime site for redevelopment. The redevelopment of this parcel should enhance the quality of life for residents, promote economic development, and strengthen the fabric of the community. These uses may include commercial spaces (office, retail), residential uses, public recreational facilities, and other similar uses. As part of this process, the City’s economic development team gained City Commission feedback regarding this site in public Commission presentation last June and has gathered and shared feedback from nearby residents regarding their desires and recommendations for the redevelopment of this property.
As a result of these efforts, the City received an unsolicited offer under the provisions of the State of Florida’s Public-Private Partnerships (P3) statute, F.S.S. 255.065. In line with the legislative intent of the P3 Statute, municipalities are encouraged to consider private investment to facilitate various bond-financing mechanisms, private capital, and other funding sources for the development and operation of qualifying projects, including the expansion and acceleration of such financing to meet the public need, and to provide the greatest possible flexibility to public and private entities contracting for the provision of public services.
As part of the state statute, if deemed a qualifying project, the City may publish a required notice of the receipt of an unsolicited proposal and of the City’s willingness to accept competing proposals for a public-private partnership to redevelop the site.
The City’s Office of Procurement and Performance Management conducted an initial evaluation with City staff and the City’s real estate advisory firm CBRE representing expertise in real estate, economic development, architecture, engineering, municipal codes and state law, budget and finance, to review the proposal. The committee found that the proposal meets the intent of the state statute and would be considered a qualifying project. However, the statute also grants local municipalities broad flexibility in reviewing proposals and provides the following options:
1. Accept the Unsolicited Proposal and continue with the P3 process as outlined in Florida Statute 255.065:
a. Issue Notice of Receipt and accept competing proposals
b. Proceed without public bidding process through a public interest determination
2. Reject the Unsolicited Proposal ending the P3 process as outlined in Florida Statute 255.065 and issue a Request for Proposals (RFP) under the City’s procurement code for the redevelopment of the property.
Fiscal Impact:
This is a presentation item and does not fiscally impact the City.
Recommended for inclusion on the agenda by:
Lisa Liotta, Development Officer, Communications, Marketing and Economic Development
Joann Hussey, Director, Communications, Marketing and Economic Development
Jose Cortes, Assistant City Manager