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Hallandale Beach CRA approves redevelopment agreement with Dragonfly Investments for former HB Medical Center site
Summary
The Hallandale Beach Community Redevelopment Agency on June 18 approved a redevelopment agreement with Dragonfly Investments LLC to build on the former HB Medical Center site, authorizing the executive director to execute the agreement; the board voted 5-0.
The Hallandale Beach Community Redevelopment Agency on June 18 approved a redevelopment agreement with Dragonfly Investments LLC to build on the former HB Medical Center site, authorizing the agency’s executive director to execute the agreement. The board voted 5-0 to approve the resolution.
The project described by Executive Director Dr. Earl would be a 12-story building with roughly 175 residential units and ground-floor retail, and he said the total investment would be about $70,000,000. Dr. Earl told the board the CRA’s proposed contribution would be about $6.2 million and that Broward County has indicated it is supportive and “will also seek to kick in $6,000,000”…
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