CRA Annual Report - 2023 to 2024

BEACH STREET STREETSCAPE (Jan. 2024)

An ongoing project, the second phase of the Beach Street Streetscape is currently being designed, with about 90% of the plans completed. Parker Mynchenberg is the project’s designer. The streetscape includes roadway, sidewalk, parking, landscaping and lighting improvements on Beach Street from Bay Street to Fairview Avenue and on Dr. Mary McLeod Bethune Boulevard from Beach Street to Ridgewood Avenue.

BEACH ST. STREETSCAPE <<

Funds Allocated: $1,450,000 Second Phase

MAIN STREET BEACH APPROACH ARCH (June 2024)

The historic Main Street Coquina Arch, built in 1936 as part of the Works Progress Administration, is undergoing restoration after city staff identified significant structural issues. Cracking and deterioration of steel and concrete led to the closure of surrounding pedestrian areas. The city partnered with engineering firm Graef-USA Inc. to develop a repair and preservation plan, ensuring the safety and longevity of this iconic beachside landmark.

Funds Allocated: $787,000

MAIN STREET ARCH <<

VALENCIA SQUARE- MIDTOWN

The City Commission approved the Redevelopment incentive agreement that paves the way for Framework to build apartments at 544 Orange Avenue in Midtown CCRA under the project name of Valencia Square. The property is between Division and Marion streets. The property formerly housed the city’s Public Works storage yard. In exchange for getting the land at no cost, Framework Group has agreed 24 of the 62 apartments will be earmarked as affordable rental units.

CRA contribution: Land Donation $300,000 Tax Abatement: $60,000 per year

2023-2024 CRA Annual Report | 11

VALENCIA SQUARE <<

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