Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Approving And Authorizing The Appropriate City Officials To Execute A Comprehensive Agreement, A Ground Lease, And Easements Between The City Of Hollywood, Florida And PRH 1301 S Ocean Drive, LLC, A Subsidiary Of The Related Group, For The Redevelopment Of The Site Located At 1301 South Ocean Drive, Hollywood, Florida.
Strategic Plan Focus
Economic Vitality
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
Following a lengthy initial discussion during the February 2, 2022 City Commission meeting, the Commission continued Resolution R-2022-037 to the March 16, 2022 meeting to allow City staff and the Developer to address questions and concerns raised about the Definitive Agreements associated with this Resolution.
The City of Hollywood, Florida received an unsolicited proposal submitted under the provisions of Section 255.065, Florida Statutes, Public-Private Partnerships, for the Hollywood Beach Community Center to finance, develop, construct and manage a mixed-use project on approximately 4.6 acres of City-owned real estate on Hollywood Beach ("Property") including a 30,000 square foot ocean-front community gathering place, with approximately 25,000 air-conditioned square feet and 3,250 square feet of elevated deck space, public parking, and other private and public amenities ("Project").
The Property is located on the barrier island in South-Central Beach at 1301 S. Ocean Drive and is generally bounded by Ocean Drive, between Azalea and Bougainvillea Terraces and along Surf Road. The Property currently houses the City of Hollywood's Beach Community Center, public parking lots, Harry Berry Park and the Hollywood Beach Bernice P. Oster public library branch. The Property is also located within the Beach District of the Hollywood Community Redevelopment Agency.
On January 21, 2020, the Developer submitted its unsolicited proposal to the City, pu...
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