Margate has signed a deal to build its first downtown, a city center of 968 apartments, 100,000 square feet of retail and restaurants, a hotel and an amphitheater — all along or within walking distance of State Road 7.
City leaders said they are excited.
“We have never been this far,” said Commissioner Lesa “Le” Peerman of the much-talked about creation of a downtown. “The plans can always change, but it’s a start.”
Since 2004, Margate spent more than $30 million to purchase 36 acres around Margate Boulevard and State Road 7 to create a downtown city center.