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Board members raise concerns about Brookfield plan, density and fate of Ace Plaza in Margate redevelopment talks

5912540 · October 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Margate board members told the CRA meeting Oct. 7 they are not sold on a developer—s proposal that would add more than 300 residential units on the East Side of the redevelopment area and could displace Ace Plaza; members urged phased work and more preservation of existing storefronts.

Several Margate board members expressed reservations Oct. 7 about a redevelopment proposal they said they had reviewed with a developer (identified in meeting discussion as Brookfield).

Board member Antonio told the board the plan he reviewed appeared “almost identical to the new urban plan” and would place “well over 300 units” on the East Side, remove Ace Plaza and increase retail square footage. He said he was not yet ready to approve that approach and asked that the board prioritize…

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