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Margate CRA discusses Ray Hall redevelopment, impact fees and truck-route concerns over nearby Coconut Creek warehouses
Summary
CRA staff said they are working with a developer on the Ray Hall property and will price extending a citywide undergrounding utility project to include that parcel to reduce developer costs tied to undergrounding and impact fees.
The Margate CRA on July 8 discussed redevelopment interest in the Ray Hall property and larger development pressures near the city border, including a nearby large warehouse project in Coconut Creek that board members said could increase truck traffic on Margate streets.
Staff said they had met with the property's development partner and that the partner has contractual deadlines with the owners. Staff described several cost pressures on the developer: parks impact fees, utility undergrounding requirements and potential costs to upgrade a lift station that serves the property and neighboring parcels. When asked about the scale…
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