1 / 5

Case Study- Mizner Park, Boca Raton

Case Study- Mizner Park, Boca Raton. City purchased the 28.7-acre site for $58 million Issued a long-term lease for a mixed-use development on 12 acres Reserved remainder for parks, plazas and civic uses. Project spurred the development of the downtown area

masao
Download Presentation

Case Study- Mizner Park, Boca Raton

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Case Study- Mizner Park, Boca Raton • City purchased the 28.7-acre site for $58 million • Issued a long-term lease for a mixed-use development on 12 acres • Reserved remainder for parks, plazas and civic uses. • Project spurred the development of the downtown area • Turned an a lower-than-market rate rent values to an area with the highest rental rates in all of South Florida. • The result was a 14-fold increase in property values between 1990 & 2002

  2. Ultimately, we are doing this because it will enhance the quality of life for Palmetto Bay residents.

  3. Project Area North: SW 158th Street East: 97th Ave to SW 174 St 93rd Ave to SW 168th St 91st Ct to SW 158th St West US 1 southbound Ln South Eureka Drive Phase 2 Phase 1 N

  4. Factors of Importance for the Project Design • Provide services close to home • Green areas buffering single-family homes • Urban Parks • Public Plazas • Pedestrian-friendly design • Attractive roads and public right-of-ways • Protect residential neighborhoods

  5. DRTF Recommendations • Franjo Road as Main Street • Mixed-use District • Entertainment District • Office/ Residential District • Medical District • Civic District Office/ Residential Medical District Main Street MU Residential- Multifamily Mixed-Use Civic/ Park Mixed-Use Mixed-Use Residential- Multifamily Entertainment

More Related