The board of the Riviera Beach Community Redevelopment Agency has advanced a massive, 25-story, $500 million project that would transform the city’s troubled Broadway corridor.
On July 24, CRA board members unanimously accepted a staff recommendation that the Occulina project be considered for approval by the City Council. Given that the CRA board members are also members of the City Council, the unanimous vote was a strong indicator of the project’s prospects.
“We are excited for this project,” said Douglas Lawson, who chairs both the CRA board and the City Council.
Occulina has been on the drawing board for at least three years as staff members of the CRA, which uses taxpayer money to revitalize distressed parts of the city, vetted it. The project, located on the southeast corner of Broadway and Silver Beach Road, where a closed grocery store now sits, would include 399 residential units, 9,680 square feet of retail space, 17,120 square feet of restaurant space and 11,000 square feet of office space.
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