Community Budget Issue Requests - Tracking Id #423FY0001 Redevelopement Project - Phase 1
Requester:		William Wilkins			Organization:		City of Riviera Beach
Project Title:		Redevelopement Project - Phase 1			Date Submitted:		2/16/01 4:46:59 PM
Sponsors:		M. Mandy Dawson
Statewide Interest:		Phase 1 enables the CRA to implement an agressive plan to construct a downtown community.
Recipient:		City of Riviera Beach			Contact:		William Wilkins
		600 W. Blue Heron Blvd., Room 234			Contact Phone:		(561) 845-4010
		Riviera Beach 33404
Counties:		Palm Beach
Service Area:		Government Entity
Project Description:
This project involves the adjacent land surrounding the relocation and widening of U.S. 1 to enable the City of Riviera Beach Redevelopment Agency to achieve maximum development and economic potential from the adjacent properties. This will allow the City to expand it?s current ?Working Waterfront? of marine industry, boatyards and marine commercial areas to provide greatly expanded employment and training opportunities in high skilled jobs that are required of the private developers by the Redevelopment policies. In addition, the project creates attractive development sites for over 750 new mixed-income homes (through private investment), which will provide new market rate housing as well as relocation resources for the Plan. The qualified businesses to be displaced by the Plan will be relocated in new facilities made available within the CRA area. This project is the catalyst element that is essential to the City?s CRA master plan.
Measurable Outcome Anticipated:
Systematic elimination of the slum, blight, and crime influences; measurable increase in employment; creating and registration of new business licenses; increased business volume for the existing businesses; increase in the housing stock of the City of Riviera Beach; the relocation of the residents of the City displaced by the project into decent, safe and sound housing within their means, and which improves their quality of life; the development of a pedestrian, bike, and transit based system linking the community and reducing the dependence on local automobile trips; and the demonstrateable restoration among the residents of the City of a sense of pride and place.
Amount requested from the State for this project this year:						$20,000,000
Total cost of the project:			$123,516,450
Request has been made to fund:				Operations and Construction
Type of funding match:		Local
	Total Cash Amount:		$46,000,000
Was this project previously funded by the State?							No
Is future-year funding likely to be requested?							Unknown
Was this project included in an Agency's Budget Request?							No
Was this project included in the Governor's Recommended Budget?							No
Is there a documented need for this project?							Yes
	Documentation:		The City of Riviera Beach Redevelopment Plan of 1984 and current studies and demogratphic info.
Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?							Yes
	Hearing Body:		Riviera Beach Community Redevelopment Agency
	Meeting Date:		1/10/01