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Oakland Park CRA reports downtown momentum, new businesses and scheduled rail crossing closures
Summary
At an Oakland Park Community Redevelopment Agency meeting, CRA Director Nessa Herrera highlighted a 2% downtown vacancy rate, several new and expanding businesses, awards for local companies, upcoming railroad crossing closures in October, and planned capital projects and events.
Nessa Herrera, CRA and economic development director for the City of Oakland Park, told the Community Redevelopment Agency that downtown vacancy remains low and that several new businesses, awards and public projects are advancing as part of the agency’s revitalization efforts.
"I am proud to present to you this update that highlights recent business activity, progress on capital improvement projects, events, and initiatives that are shaping the transformation of Oakland Park," Herrera said.
Herrera said the city’s 2024 market report is available on the economic development page of the city website and highlighted one data point: a downtown vacancy rate of 2%, which she said signals sustained investor confidence. The city also released a short video, "Building Downtown's Second Century," that Herrera said is available on the city's website.
On businesses, Herrera…
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