Davie CRA ranks White Oak first, authorizes negotiation of LOI for 5.6-acre redevelopment site

The Town of Davie Community Redevelopment Agency on Jan. 8 authorized staff to negotiate a letter of intent (LOI) with White Oak Development for redevelopment of six CRA parcels at the northwest corner of Davie Road and Orange Drive.

CRA director Philip Holste told the board the CRA owns 5.6 acres at the site and summarized three unsolicited proposals received after the termination of the Frontier Square proposal in February 2025. Holste said White Oak’s proposal offered the highest net purchase price and the most public parking, which informed staff’s recommendation to rank White Oak first, Affiliated Developments second and Sankofa third.

“We recommended White Oak due that due to the higher purchase price, which is about $1,400,000 net,” Holste said, adding that White Oak would provide roughly 110 public parking spaces and a 7,500-square-foot restaurant as part of a mixed-use project with about 240 residential units. Holste said staff would negotiate parking credits and any incentives and then return with negotiated terms as appropriate.

Affiliated’s concept, Holste said, proposed a four-story building with about 257 residential units, 6,000 square feet of commercial frontage, and 80 public parking spaces; the firm estimated a baseline value near $8,995,000 before credits. Sankofa’s five-story proposal targeted student housing with a roughly 27,000-square-foot commercial component and about 100 public parking spaces; Holste said Sankofa had requested significant incentives and that final net figures would require negotiation.

An unidentified board member moved to accept the staff ranking and authorize negotiation and execution of an LOI with White Oak, with Affiliated and Sankofa as fallback options if negotiations fail. The board voted in favor (Starkey: yes; Chair Paul: yes; Whitman: yes; Vice Chair Lewis: yes), and the motion passed.

The board’s vote authorized staff to negotiate and execute an LOI; it did not approve a final sale, site plan, incentives package, fee waivers or development agreement. Holste said site-plan approvals and any required variances would follow separate town processes, and he invited input from council and the community during negotiations.

Next steps: staff will begin negotiated terms with White Oak and report back; the board also approved adding an additional CRA meeting on Jan. 21 to continue related business.