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HomeMy WebLinkAbout8877 Submittal-Cornelius Shiver-PresentationSubmitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board Southeast Overtown / Park West CRA The Town Park Rehabilitation Projects Progress Update — April 15, 2021 J �'Vgf - P(QS� fi vn Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board SEOPW CRXs Housing Development Report e ITimeline Category Project Name Description Project Status UNtz Encumbered 2014 Bond Remarks of Project Tax Increment Serlea 1 2008 1 Affordable 1202 N.W. 2nd Avenue Rehabilitation of residential rental units. Complete 9 ^•5165,000 Housing 2 2008 Affordable 149 N.W. 11th Street Rehabilitation of residential rental units. Complete 24 $475,000 Housing 3 2009 Affordable 1232 N.W. 1st Place Rehabilitation of residential rental units. Complete 33 $620,000 Housing 4 2008 Affordable 260 N.W. 11th Terrace Rehabilitation of residential rental units. Complete 6 $187,500 Housing S 2008 Affordable 220-250 N.W. 13th Street and Rehabilitation of residential rental units. Complete 33 S520,000 Housing 1300 N.W. 2nd Avenue 6 2006- Affordable Poinciana Village Grant to provide Infrastructural repairs for the complex Complete 64 S174,500 2009 Housing located at 269 N.W. 7th Street 604 UNITS 7 2014 - Affordable The Plaza at the Lyric Development Project Complete 158 $27,000,000 201S Housing 8 2014 - Affordable Island Living Apartments Development Project Complete 70 $910001000 2015 Housing 9 2020 Affordable St, Johns Overtown Plaza Development Project Complete 90 $10,000,000 Housing Apartments 30 2015 Affordable Courtside Apartments Development Project Complete 84 57,500,000 Housing 11 2018 Affordable W. 240 N.W. 17th Street & 210 Renovate and Rehabilitate the multi -family buildings Complete 15 $8S0,000 Housing N.W. Street 12 2019 Affordable 1767 NW 3rd Avenue Renovate and Rehabilitate the multi -family buildings Complete 18 $S8S,000 Housing 13 2015 to Affordable Renovation of Town Park Renovate and Rehabilitate the multi -family buildings In Progress 269 $22,533,333 Additional funding required to complete project: SSmIIIIon. 2021 Housing North 14 2018 to Affordable Renovation of Town Park Renovate and Rehabilitate the multi -family buildings In Progress 216 S2,905,412 $13,S00,000 Expected completion: May 2021. Additional funding required 2021 Housing South to complete project: $660,938 15 2021 to Affordable Renovation of Town Park Renovate and Rehabilitate the multi -family buildings In Progress 147 $18,000.000 $S70,000 2023 Housing Village 16 2021 Affordable 1900 NW 2nd CT New construction of twin -home (home ownership) In Progress 2 $750,000 Housing 17 2021 to Affordable 244 NW 16 Street New construction of 4 units home ownership) ( p) In Pro grass 4 $1,600,000 2400 UNITS 2022 Housing 18 TBD Affordable 2611 NW 3rd Avenue New construction 24 units with ground floor retail In Progress 24 $400,000 Funds allocated for design only - Estimated construction costs Housing $8million 19 2019 to Workforce & Development of Block 46 / Development Project In Progress 360 $2.500,000 80 of 360 units - low Income rentals. Expected completion 2022 Aff. Housing Poinciana Village Phase II June 2021 20 2021 to Affordable Black SS Development Private development through RFP - mixed use In Progress S78 SEOPW CRA contribution: Land sale-($18million) 2023 Housing 21 TBD Affordable Culmer Place, 580 NW Sth HUD Development Project In Planning 2120 TBD Housing Avenue & Culmer Gardens, No. of units is total possible units by right - Estimated SEOPW 610 NW 10th Street CRA Contribution TBD 22 TBD Affordable Rainbow Village, 2140 NW 3rd HUD Development Project In Planning 375 TBD No. of units is total possible units by right -Estimated SEOPW 2095 UNITS Housing Avenue CRA Contribution TBD 23 TBD Workforce Block 45 Development Private development through County RFP - mixed use In Planning 600 TBD Housing Total Housing Units (completed, In progress, and 4099 S51.265.745 $57,570,000 planned) Total Funds Allocated for Affordable Housing (2005-Present) $108,835,745 Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board jj SE17OPW CRA s Housing Development Report <r; g !o Freket Category ProJea Name Description hoJea SHtus Units To."k,�l� ,D,nd I NemaM From 2005 — Present Amount P-..& 1 20DS A%Drtlable 1201 N.W. 2nd Avenue Rehabilitation of residential rental units. Complete 9 $165.OD0 Housing • 604 Completed A 2 2008 AHordable Housing 149N.W.11thStreet Rehapiliulionolresidentlalrentalunhs. Complee to $475.000 3 2009 Affordable 323E N.W.Ist Place RehabilltaUon of residential rental units. Complete 33 5620.000 Housing Units Units 4 2009 Affordable 160N.W.21thTerrace Rehabilitation Wresldentlalrental units. Compete 6 $187,500 Housing (New DevelopmE 5 2008 44:1irle Hausinp 1300N.250 N.W.13th5treetand 1300 N.W. 2ritl Avenue Rehabilitrtiono{residential rental units. Complete 33 $520,000 6 2006- 2009 Affordable Housing Poinciana Village Grant to providnudmstmduralrepaits for the complex Iposted! at 269 N.W. 7th Street Complete 64 $274.500 6W UN� 7 2014- Affordable The Plaza at the Eyck DevNopment Project Complete 158 $17,W0,000 _ 2015 Housing • 1,400 Currently i� 8 ZD2415 2015 AHousing Housing NlarblMngApartmmts DevelopmentProlttt Com0late 70 $9•D00,000 9 2020 Affordable St. Johns Oartmh Plaza Development Project Complete 90 $10,000,000 Housingordabl ApansidoA 10 2015 Affordable COurtsida Apartments Development Project Complete M 57,500,O0p Rehabilitation Housing 11 2019 Affordable 240 N.W. 17th Street 6220 Pen>vzte and Rehabilitate the multi4amily buildings Complete 15 $850,DD0 Mousing N.W. 16th Street 12 2019 Affordable 1767 NW 3rd Avenue Aei 10 and Rehabilitate the mWH-family buildings Complete 18 $585.000 Housing $108,835,745 Funi 13 2015 to Affordable ° Renovation fTown Park Renovate and Rehabilitae the multbfamily buildings In Progress 169 $22.533,333 Additional funding reyubed to complete O.J—: Sfunilion. _ 2021 Housing North I Towards Afforda 14 2019 to 202, Affordable Housing RentnnulonofTownPark South Renovate and Rehabilitate the hn,ti-familybuildings In Progress 116 $2,905.412 $13,5D0,0g0 _ EapMadcemplation:May2021.Additl°nalfundingraeukad t°c°mplete Drojeez: $660.938 15 2021 to A%ordabk Renovation of Town Park Renovate and Rehabilitate the mult4family buildings In Progress 147 $18,000,000 $570,000 2023 Housing Village 16 2021 Affordable 1900 NW grid Cr New const..i-ofh ,funha)home ewnership) In Progress 2 S7501M Housing 17 2021 to Affordable 244 NW 16 Street w Necornsmaien of 4 units ownership) In Progress 0 $1.600.000 1400 UNITS 2022 Housing Future Developmen IB TBD Affordable "°°"°g 1611 NW 3rd Avenue Ndw construction 24 unft with ground floor retail In Progress 24 .540DA00 Fundsalloutedferdesignonly-Es" atedc°nstmetioncosb �m""� 19 2019to Wprkfortp6 Onelopmonlmeforx 46/ Devnlopment Project In Progress 360 $1,SOD,OD0 80m 36o units income rentals. Fxpetted romplmlon 2021' Aff. Housing Poinciana Village Phase II June 2021 io 2021 to Affordable 81ock 55 Development Private development through RFP • mixed use In Progress 578 SEOPW CM c°nlAbutip,: land sale •(518mi111on) 1. 2023 Housing N i It ttIpe nitsbyghtEt Estimated MC _ CContribution TBD • Anticipated conti 211 TBD AH d bl Housing C lmpr Place, 5H0 NW5th A uogCurtlenf, 630 NW ]Oln Street Street HUD Development ProjM In Planning 1220 TWO 221 T80 No.olunitslstmalpo Ubl unthbynght-Estimated OM �2095 DRAContribution TBD 2 095 new Affordable H°°,ing Rainb VII g 2140 NW 31d A°°° HUD Devolopmenl Project In Planninp 3]5 TBD UNITS 23 TBD Workimce 81.145 Dev.lop nl Private dew•lopment through County RFP - mixed use mn 11 Plan g 600 TAD public H smp I J— I Total Nousing Units mand(<epleted.ln progress, a a099 553.365.145 $57.570,000 planned) TotalFulls Allwtad for FNOWable Housing(2005-Pre l $308.835,7a5 Ifordable Housing !nt & Rehabilitation) 1 Development or is Expended ble Housing t: ribution towards housing units Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board 2018 SEOPW Updated Redevelopment Plan - Project Areas SEOPW CRA PROJECT AREAS "^"`• OSEOPWCRAAREA •. y. - U A P@rk W W Dawn— ® B Ownown C-11 @ntl EnM-1— DIOmOt C Ov@nown RaxtlanK. Town Park. St Apn@@ d RainOow Houxng D H*W-0—@ ,nBu@n@ea COmdor t _ E Ov ftM Culm@r Community 1 i Sources Ext HERE. D@L.— mhrmeP. me em@nt 1112 112` GEBEO, U, 0 FAO, NPS: NRCAN GeoBasO. tGN"'KoOaxerr.1 Omneno@� rvey. Exi Jap6n, METI. Ean Ctnna iHow Hom. @w55tOM. Matlmyln0�a. �^ Op@nSlre@RAap 1 mntnONois. @ntl In@ GIS U—Community 4 Submitted into the public record in connection with Item i on 04-15-2021 Todd B. Hannon Clerk of the Board Project Overviei Town Park Plaza North ■ Condominium -169 Unit,, ■ $22,533,033 CRA Allocatic ■ 130 of 169 Units CompletE Town Park Plaza South ■ HUD Co-op -116 Units ■ $16,405,412 CRA Allocatic ■ Full Completion Expected Town Park Village No I ■ HUD Co-op -147 Units ■ $18,000,000 CRA Allocatic ■ Project Commencement - Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board Town Park Plaza North -Exterior View (Before) 6 Submitted into the public record in connection with Item 1 on 04-1S-2021 Todd B. Hannon Clerk of the Board Town Park Plaza North -Interior View (Before) 0 �J qP �• ..., ••.. I0 •O.` H� 7 Town Park Plaza ❑ Temporary Resident Relocation ❑ Site Improvements • Drainage System Repairs/Replacement • New Water & Sewer Lines Throughout • New Individual Water Metering • New Asphalt Parking & Drives • Sidewalk Improvements • Perimeter Fencing with Powered Gates • Landscaping • New Playground and Site Lighting ❑ New Metal Roofing ❑ Impact Resistant Windows and Doors ❑ Facade Improvements to Provide New Look ❑ Interior Gut Renovation • Asbestos Removal • New Electrical Wiring & Lighting • New Plumbing Lines and Fixtures • New Framing • New A/C Units, Ductwork, & Hot Water • New Drywall and Finishes Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board North -What We Are Doing 8 Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board Town Park Plaza North - Completed Units lvt I Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board Town Park Plaza South -Exterior View (Before) 10 Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board Town Park Plaza South -Interior View (Before) r U.V r ;tom--�,.�'+a.. i� Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board Town Park Plaza South -What We Are Doing ❑ Temporary Resident Relocation ❑ Site Improvements • Drainage System Repairs/Replacement • Sewer Line Replacement as Needed • New Asphalt Parking & Drives • Sidewalk Improvements • Perimeter Fencing with Powered Gates • Landscaping • New Site Lighting ❑ New Flat Roofing ❑ Impact Resistant Windows and Doors ❑ Facade Improvements to Provide New Look ❑ Interior Gut Renovation • Asbestos Removal • New Electrical Wiring & Lighting • New Plumbing Lines and Fixtures • New Framing • New A/C Units, Ductwork, & Hot Water • New Drywall and Finishes 12 Town Park Plaza South - Completed Units A� � .0-� , may' �'�� .. _. Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board 13 Submitted into the public record in connection with Item 1 on 04-15_2021 Todd B. Hannon Clerk of the Board Town Park Village - Exterior View (Before) i now 'no Nit .t N, sn3, y, �"''�+� 3+.�'sx.�Yq,�•- s 'i5s("��k.�.-"' iq'.. , _ - - 14 Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board Town Park Village -Interior View (Before) 15 Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board Town Park Village - What We Are Doing ❑ Temporary Relocation of Residents ❑ Site Improvements • Drainage System Repairs/Replacement • New Water & Sewer Lines as Needed • New Asphalt Parking & Drives • Sidewalk Improvements • Perimeter Fencing with Powered Gates • Landscaping • New Site Lighting ❑ Reconstruction of Fire Damaged Building ❑ New Roofing ❑ Interior Gut Renovation • Asbestos Removal • New Electrical Wiring & Lighting • New Plumbing Lines and Fixtures • New Framing • New A/C Units, Ductwork, & Hot Water • New Drywall and Finishes N 7 iA in Submitted into the public record in connection with Item 1 on 04-15-2021 Todd B. Hannon Clerk of the Board Financial Summary -What's Needed to Complete Town Park Plaza North ■ Condominium -169 Units ■ $22,533,033 Previous CRA Allocation ■ 76% Complete ■ 130 of 169 Units Complete Town Park Plaza South ■ HUD Co-op -116 Units ■ $16,405,412 Previous CRA Allocation ■ 95% Complete ■ Full Completion Expected in May 2021 Additional Funding Required to Complete Project: $5,000,000 Additional Funding Required to Complete Project: $660 f938 17