City of Hollywood - File #: R-2019-332

• File #: R-2019-332
• Version: 1
• Name: University Station
• Type: Resolution
• Status: Withdrawn
• File created: 10/17/2019
• In control: Office of Communications, Marketing & Economic Development
• On agenda: 11/6/2019
• Final action: 11/6/2019
• Title: A Resolution Of The City Commission Of The City Of Hollywood, Florida, Ranking The Responses To The City's Publication Of A Notice That Competing Proposals Would Be Accepted For The Development Of A Mixed-Use, Mixed-Income Project To Be Located On A City Owned Parcel Of Land Between Fillmore And Polk Streets Along North 21st Avenue In Response To The Receipt Of An Unsolicited Proposal, And Authorizing The Appropriate City Officials To Execute An Interim Agreement And Negotiate A Comprehensive Agreement With Housing Trust Group, LLC As The Highest-Ranked Firm; Authorizing The Appropriate City Officials To Execute Lease Agreements With University Station I, LLC And University Station II, Ltd, Affiliates Of Housing Trust Group, LLC, And To Provide Local Government Area Of Opportunity Funding In The Form Of A Cash Loan In An Amount Not To Exceed $783,250.00.

Date	Ver.	Action By	Action	Result
11/6/2019	1	Regular City Commission Meeting	withdrew

Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Ranking The Responses To The City's Publication Of A Notice That Competing Proposals Would Be Accepted For The Development Of A Mixed-Use, Mixed-Income Project To Be Located On A City Owned Parcel Of Land Between Fillmore And Polk Streets Along North 21st Avenue In Response To The Receipt Of An Unsolicited Proposal, And Authorizing The Appropriate City Officials To Execute An Interim Agreement And Negotiate A Comprehensive Agreement With Housing Trust Group, LLC As The Highest-Ranked Firm; Authorizing The Appropriate City Officials To Execute Lease Agreements With University Station I, LLC And University Station II, Ltd, Affiliates Of Housing Trust Group, LLC, And To Provide Local Government Area Of Opportunity Funding In The Form Of A Cash Loan In An Amount Not To Exceed $783,250.00.


Body

Staff Recommends: Approval of the Attached Resolution

Explanation:
The redevelopment of the City-owned parcels located along N 21st Avenue between Polk and Fillmore Streets has long been a part of downtown redevelopment discussions and plans. The parcels located along N 21st Avenue between Polk and Fillmore Streets includes a former fire station (repurposed and leased to Barry University in 2011, surface parking lots, and a Shuffleboard Center.

The municipal election in January of 2008 included a land referendum, approved by voters authorizing the disposition of the portion of the site that includes the former fire station and parking lot. In 2016, as the dual tracking of the rail corridor was underway to provide for the return of passenger rail to the Florida East Coast Rail corridor, the City issued a Request for Proposals (RFP) seeking qualified firms to redevelop the approximately 2.5 acres of land. This was prior to the completion of the dual tracking project and before Virgin Trains USA (formerly Brightline) began operating high speed passenger rail service on the FEC railway. This request...