The city has zoned the mostly vacant land with appropriate building height, density, and massing for a downtown, according to city documents. CRA funds would be available on a case-by-case basis to assist developers with infrastructure costs. New developments in the downtown will consist of active uses on the ground floor and residential and commercial uses on the upper floors. The first phase would include 750,000 square feet of office/flex space, 165,000 square feet of retail use, 35,000 square feet of restaurant space, 1,500 residential units, up to 420 rooms in two hotels, and potential education opportunities.
Florida – The city of Pompano and the Pompano Beach Community Redevelopment Agency (CRA) are inviting developers to submit a request of interest (RFI) to redevelop a section of city-owned land within its downtown Innovation District. The RFI deadline is July 10. A request for proposals (RFP) will follow.
The city and CRA own more than 65 parcels on 30 acres with interstate frontage. Their vision is to create a vibrant and pedestrian-friendly, mixed-use environment throughout the entire downtown. The redevelopment is inspired by the global rise of the “Innovation District” concept that emphasizes a combination of business, technical, corporate, government, hospitality, education, and cultural uses.
The Innovation District is part of a 400-acre downtown that also includes Old Town, Civic Commons, and surrounding neighborhoods. A new $19.25 million cultural center is planned near Pompano’s library and city hall in the Civic Commons area. The city and CRA are exploring a possible public-private partnership (P3) with a developer to construct a new city hall and other government offices.