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- LoopNet Team
1000 N State Rd 7
Margate, FL 33063
Placemaking Opportunity ~50 AC Margate City · For Lease
PROPERTY FACTS
PROPERTY OVERVIEW
The City-owned sites (twenty-seven parcels) consist of 51.38 acres along State Road 7 between Atlantic Boulevard and Royal Palm Boulevard. The parcels feature flexible mixed-use zoning, great visibility/frontage, and fantastic access via Florida’s Turnpike and Sawgrass Expressway. The City intends for this project to be a destination offering dining/leisure activities, residences, retail, and activated public open space. This is truly a one-of-a-kind offering, representing one of the few remaining undeveloped plots of land of this magnitude in Broward County.
HIGHLIGHTS
- Positively influence and accelerate the redevelopment of Margate’s City Center
- Display a willingness to incorporate sustainability design elements and construction materials
- Engage in meaningful public participation
- Demonstrate organizational capacity and access to capital
- Create a new Civic Center, including a new City Hall, Library, and Community Center
- Hold a track record of completing projects of similar size and scope within a reasonable time frame and consistent with financial projections
