The City of Margate is preparing to advance a major infrastructure upgrade along North State Road 7 as part of a broader effort to support redevelopment and modernize a key commercial corridor. An Interlocal Agreement between the City and the Margate Community Redevelopment Agency (MCRA) authorizes the MCRA to fund the undergrounding of overhead utility lines bordering the Cocogate Plaza redevelopment site. The agreement outlines a maximum contribution of $773,000 to extend an existing utility undergrounding project northward to the Cocogate property line.
Cocogate Plaza, located at 1308–1350 N. State Road 7, is owned by Cocogate Partners Ltd. and is slated for complete transformation. Working with Amera Properties, the developer plans an extensive mixed-use redevelopment that includes an eight-story residential building with 287 units, a community pool, site amenities, and two new buildings designated for retail use. The underground utility extension is intended to support the visual and functional upgrades surrounding this private investment, reinforcing long-term redevelopment goals for the State Road 7 corridor. According to the City’s materials, the current undergrounding project ends at the southeast corner of Coconut Creek Parkway, and the new extension covers an additional 880 linear feet to the northeast corner of the Cocogate site.