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
S g77-5 olm-I-ta(- rnelzvs ver- PYeM��
e Timeline
of Project
Category
Submitted into the public
record in connection with
Item 1 on 04-15-2021
Todd B. Hannon
Clerk of the Board
SEOPW CRA's Housing Development Report
Project Name
Description
Project Status Units Encumbered
Tax Increment
2014 Bond
Series
Remarks
1
2008
Affordable
Housing
1201 N.W. 2nd Avenue
Rehabilitation of residential rental units.
Complete
9
^•
$165,000
r•
2
2008
Affordable
HOUsing
149 N.W. 11th Street
Rehabilitation of residential rental units.
Complete
24
5475,000
3
2009
Affordable
Housing
1232 N.W. 1st Place
Rehabilitation of residential rental units.
Complete
33
$620,000
4
2008
Affordable
Housing
160 N.W. 11th Terrace
Rehabilitation of residential rental units.
Complete
6
5187,500
5
2008
Affordable
Housing
220-250 N.W. 13th Street and
1300 N.W. 2nd Avenue
Rehabilitation of residential rental units.
Complete
33
$520,000
6
2006-
2009
Affordable
Housing
Poinciana Village
Grant to provide Infrastructural repairs for the complex
located at 269 N.W. 7th Street
Complete
64
5174,500
604 UNITS
7
2014 -
2015
Affordable
Housing
The Plaza at the Lyric
Development Project
Complete
158
$17,000,000
8
2014 -
2015
Affordable
Housing
Island Living Apartments
Development Project
Complete
70
$9,000,000
9
2020
Affordable
Housing
St. Johns Overtown Plaza
Apartments
Development Project
Complete
90
$10,000,000
10
2015
Affordable
Housing
Courtside Apartments
Development Project
Complete
84
S7,500,000
11
2018
Affordable
Housing
240 N.W. 17th Street & 210
N.W. 16th Street
Renovate and Rehabilitate the multi -family buildings
Complete
15
5850,000
12
2019
Affordable
Housing
1767 NW 3rd Avenue
Renovate and Rehabilitate the multi -family buildings
Complete
18
5585.000
13
2015 to
2021
Affordable
Housing
Renovation of Town Park
North
Renovate and Rehabilitate the multi -family buildings
In Progress
169
$22,533,333
Additional funding required to complete protect: 55million.
14
2018 to
2021
Affordable
Housing
Renovation of Town Park
South
Renovate and Rehabilitate the multi -family buildings
In Progress
116
$2.905,412
513.500,000
Expected completion: May 2021. Additional funding required
to complete project: $660,938
15
2021 to
2023
Affordable
Housing
Renovation of Town Park
Village
Renovate and Rehabilitate the multi -family buildings
in Progress
147
518,000,000
$570,000
16
2021
Affordable
Housing
1900 NW 2nd CT
New construction of twin -home (home ownership)
In Progress
2
5750,000
17
2021 to
2022
Affordable
Housing
244 NW 16 Street
New construction of 4 units home ownership)In
(
Progress1400
4
$1,600,000
UNITS
18
TBD
Affordable
Housing
1611 NW 3rd Avenue
New construction 24 units with ground floor retail
in Progress
24
$400,000
Funds allocated for design only - Estimated construction costs
$8rnillion
19
2019 to
2021
Workforce &
Aff. Housing
Development of Block 46 /
Poinciana Village Phase II
Development Project
In Progress
360
51.500,000
80 of 360 units - low income rentals. Expected completion
June 2021
20
2021 to
2023
Affordable
Housing
Block 55 Development
Private development through RFP - mixed use
In Progress
578
SEOPW CRA contribution: Land sale-(518million)
21
TBD
Affordable
Housing
Culmer Place, 580 NW Sth
Avenue & Culmer Gardens,
610 NW 10th Street
HUD Development Project
In Planning
1120
TBD
No. of units is total possible units by right - Estimated SEOPW
CRA Contribution TBD
22
TBD
Affordable
Housing
Rainbow Village, 2140 NW 3rd
Avenue
HUD Development Project
In Planning
375
TBD
No. of units is total possible units by right - Estimated SEOPW
CRA Contribution TBD
2095 UNITS
23
TBD
Workforce
Housing
Block 45 Development
Private development through County RFP - mixed use
In Planning
600
TBD
Total Housing Units (completed, In progress, and
planned)
4099
551,265,745
$57,570,000
Total Funds Allocated for Affordable Housing (2005-Present)
$108,835,745
2
Submitted into the public
record in connection with
Item 1 on 04-15-2021
Todd B. Hannon
Clerk of the Board
SEOPW CRA's Housing Development Report
8 a Frekct
Category
Project Name
Description
Project Status
Units
Encumbered
Tax Increment
Amount
2014 Bond
Series
Proceeds
Remarks
I
From 2005 — Present
• 604 Completed A
Units
Units
(New DevelopmE
•
1,400 Currently ii
Rehabilitation
Funl
Towards Afforda
Future Developmen
1 2008
Affordable
Housing
1201 N.W. 2nd Avenue
Rehabilitation of residential rental units.
Complete
9
5165.000
604 UN��
2 2008
Affordable
Housing
349N.W.11thStreet
Rehapiliutionolresidential rental units.
Complete
24
$475.000
3 2009
Affordable
Housing
123E N.W. 1st Place
Rehabilitation of residential rental onos.
Complete
33
$620.000
4 2008
Affordable
Housing
160 N.W. Ilth Terrace
Rehabilitation of residential rentalunfts.
Complete
6
$187,500
5 2008
Affordable
Housing
220•250N.W.33thStreet and
1300 N.W. 2. Avenue
Rehabilitation o{residential rental units.
Complete
33
$520,000
6 2006-
2009
Affordable
Housing
Poinciana Village
Grant to provide infrastructure! re or the complex
located at 269 N.W. 7th Street
Complete
64
$174,500
7 2014 -
2015
Affordable
Housing
The Plaza at the lyric
Development Project
Complete
158
517,000,000
8 2014•
2015
Affordable
Housing
bland lMngApartments
Development Project
Com0lote
70
$9,000,000
9 2020
Affordable
Housing
St. Johns OvMown Plaza
ApaCourtmMtf
Development Project
Complete
90
$10,000,000
10 2015
Affordable
0,dobi
Housing
COurtsidO ApartmenU
Development Project
Complete
84
57,500,0O0
11 2018
Affordable
Housing
240 N.W. 17th Street & 210
N.W. loth Street
Renovate and Rehabilitate the multidamily buildings
Complete
15
$850,030
12 2019
Affordable
Housing
1767 NW 3rd Avenue
Renovate and Rehabilitate the multi -family buildings
Complete
18
$585.000
33 2015 to
2021
Affordable
dabl
Housing
Renovation of Park
North p$108,835,745
Renovate and Rehabllltrtethe mult6famiN buildings
In Progress
169
$22,533,333
Additlongl funding requited to complete project: $Smllllon.
14 2018to
2021
Affordable
Housing
Renovation of Town Park
South
Renovate and Rehabilitate the multi•familybuildings
In Progress
116
$2,905,412
$13,500,000
Expected completion: May 2021.Additional funding required
to complete project: $660,938
15 2021 to
2023
Affordable
Housing
Renovation of Town Park
Village
Renovate and Rehabilitate the multi -family buildings
In Progress
147
$18,000,000
$570,000
16 2021
Affordable
Housing
1900 NW2nd CT
New construction of twin-home!home ownership)
In Progress
2
$750,000
17 2021 to
2022
Albr0able
Housing
244 NW 16 Street
New construction ol4units (home ownership!
In Progress
4
$1.600.000
C
1400 UNITS
18 TBD
Affordable
Housing
1611 NW 3rd Avenue
New construction 24 units with ground floor retail
In Progress
24
$400,000
Funds allocated for design only- Estimated construction costs
58million
19 2019 to
2021
Workforce &
Aff. Housing
Development of Block 46/
Poinciana Village Phase II
Development Project
In Progress
360
$1,500,000
80 of 360 units •low income rentals. Expected completion
June 2021
• Anticipated conti
20 2021 to
2023
Affordable
Housing
Block SS Development
Private development through RFP • mixed use
In Progress
578
SEOPW CM contribution: Land sale 4S18e,I81on)
211 TBD
22 780
Affordable
Housing
Culmer Place, 580 NW 5th
Avenue& Curtner Gardens.
610 NW 100 Street
HUD Developmem PtOjM
In Planning
1120
TBD
No.olunitsistotalpossibleunlhbyright Estimated SEOPW
CRA Contribution TBD
Affordable
Housing
Rainbow Village, 2140 NW 3rd
Avenue
HUD Development Protect
In Planning
375
TBD
No.ol units is total possible units by right • Estimated cow
CRAContribution 360
2095 UNITS
2,095 new
23 TO
1
I,
Workforce
Mousing
Block 4$ Development
Private development through County RFP•muted use
In Plammng
600
780
'�
public
Total Haring Units (completed. In pro r s , ed
planned)
4099
551,265.745
S57,520,000
Total Fuels Allocated for Affordable Housing (3005•Prosem)
0308,835,745�
ffordable Housing
nt & Rehabilitation)
Development or
�s Expended
ble Housing
t:
�ibution towards
housing units
3
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
QSEOPW CRA AREA
A Pork WeSV Downtown
B Overtown Cultural and Entertainment Diomet
C Overlown Residents. Town Park. 5t Agnes & Rainbow Housing
MI0 Histonc Ovenown 8us10ese Comeor
E 0...town Culmer Community
Sources Esn, HERE. DeLolme, internist, increment P 051j1' GEBCO, t/FC
FAO NPS: NRCAN GeoBasO, tGN"'I<a0aelerNL Ornnenoe � rvey. E ri Jap6n
METI. Esn Chan Honp Hong). ew951ep0. Matmylndga. !' OpanSlm¢tMap
contributors. and Me GIS Usek Community
4
Submitted into the public
record in connection with
Item 1 on 04-15-2021
Todd B. Hannon
Clerk of the Board
Project Overview
Town Park Plaza North
• Condominium -169 Units
• $22,533,033 CRA Allocation
• 130 of 169 Units Complete
Town Park Plaza South
• HUD Co-op -116 Units
• $16,405,412 CRA Allocation
• Full Completion Expected in May 2021
Town Park Village No 1
• HUD Co-op -147 Units
• $18,000,000 CRA Allocation
• Project Commencement - March 2021
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 04-15-2021
Todd B. Hannon
Clerk of the Board
Town Park Plaza North -Interior View (Before)
7
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 - What We Are Doing
❑ 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
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
Town Park Plaza South
./-
Submitted into the public
record in connection with
Item 1 on 04-15-2021
Todd B. Hannon
Clerk of the Board
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)
11
Town Park Plaza
❑ 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
Submitted into the public
record in connection with
Item 1 on 04-15-2021
Todd B. Hannon
Clerk of the Board
South - What We Are Doing
12
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 Completed Units
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)
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
16
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
ii* Additional Funding Required to
Complete Project:
$5,000,000
Town Park Plaza South Additional FundingRequired to
• HUD Co-op -116 Units q
• $16,405,412 Previous CRA Allocation Complete Project:
• 95% Complete $660,938
• Full Completion Expected in May 2021
17