THE IMPORTANCE OF COMMUNITY REDEVELOPMENT
The Community Redevelopment Agency (CRA) was established to encourage reinvestment and growth within a 1,009-acre area in the City of Oakland Park.
By having a CRA focused on economic development initiatives, the City is able to acquire the following benefits:
To see a detailed CRA Map, click here.
In October, the City Commission approved two different agreements with Integra Investments. The purchase and sale agreement for the two City-owned, vacant lots was approved on second reading and a separate development agreement was also approved. The due diligence period is now underway. The City is currently discussing with Integra the terms of the Lease Agreement for the relocation of City Hall, and upon conclusion, the agreement will be presented to the City Commission for consideration.
Integra Investments filed their Pre-Development Application for the Oakland Park Square Project. The applicant held their Neighborhood Participation Meeting on November 14, 2018, where residents and business owners had the opportunity to ask questions. This exciting development would be the first major mixed-use development in the City’s Community Redevelopment Area (CRA).
The CRA offers incentives to new and existing businesses located within the CRA boundaries to aid in their growth and development. These incentives foster job creation and Downtown revitalization. For additional information, please contact Neysa Herrera at (954) 630-4251 or email@example.com.
Comments from Local Businesses
We are very proud to be part of Downtown Oakland Park and represent the the Culinary Arts District with the growing trend of craft spirits. The Strategic Investment Program will help us to turn the roughly 4,000 square foot warehouse into a craft distillery. Working with the Oakland Park Redevelopment Agency (CRA) has been a smooth and fast process. The staff and City inspectors are very knowledgeable and helpful. Thank you CRA for your hard work and helping business owners to achieve their vision and goals. We are looking forward for future urban designs and improving the quality of life for the residents of Oakland Park
Bela Nahori, ChainBridge Distillery