US1 Shopping Center Development Site 601 N Federal Hwy Hallandale Bech, Fl 33009

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1 US1 Shopping Center Development Site Great location, US1, over 60,000 cars per day Adjacent to Casino Can build 60,000 sq ft shopping center, or 260 apartments Liberal Zoning allows almost all uses Could build 400+ room hotel Sponsored By: JOHN DEMARCO, ACP Each office is independently owned and operated. RE/MAX 5 STAR REALTY 4151 Hollywood Blvd Hollywood, FL (954) Each office independently owned and operated

2 INVESTMENT DETAILS ANALYSIS Analysis Date April 2018 PROPERTY Property Property Address US1 Shopping Center Development 601 N Federal Hwy Hallandale Bech, Fl Year Built 2017 PURCHASE INFORMATION Property Type Land Purchase Price $12,000,000 Lot Size acres FINANCIAL INFORMATION All Cash LOANS Type Debt Term Amortization Rate Payment LO Costs All Cash INCOME & EXPENSES P. 2 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

3 PROPERTY DESCRIPTION Great opportunity to purchase 601 N Federal Highway Hallandale Beach FL The subject property consists of 2.52 acres (109,827 sf) of land located directly on US1 N Federal Highway in Hallandale Beach Florida. Site contains 270 feet of us1 frontage, with curb access on all three sides. The existing building is 32,000sf of usable automotive and office space with a front showroom. Liberal zoning allows for almost all uses. Shopping center, 260 unit apartment building, major retail chain, 400+ rooms hotel and much more. Included in this package is zoning chart with list of permitted uses. Call for additional information, excellent opportunity to build a brand new project on US1, one of the hottest and fastest growing areas in the United States. P. 3 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

4 PROPERTY PHOTOS PP-1.jpg PP-2.jpg PP-3.jpg P. 4 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

5 Current Development Activity UPDATED SEPTEMBER 2016 The City of Hallandale Beach is a vibrant coastal community, which many developers are seeing as a prime location for investment opportunities. Numerous residential and commercial projects have recently been completed, are under construction, planned or approved by the City. The following is a list of active major construction activities in the City. P. 5 1 P a g e

6 CURRENT DEVELOPMENT LIST Table of Content Current Development Activity... 1 Table of Content... 2 Major Development Projects with Approved Site Plans S. OCEAN DRIVE... 4 ACCESSO OFFICE BUILDING... 5 BEACON OFFICE BUILDING... 6 DOMUS OFFICE CENTER... 7 GULFSTREAM POINT... 8 DIPLOMAT GOLF COURSE... 9 DREAM TEAM RETAIL HALLANDALE ARTSQUARE HALLANDALE FIRE STATION No HALLANDALE OASIS PHASE II MD CLINICAL MEDICAL OFFICE NINE HUNDRED O.B. JOHNSON PARK OPTIMA OFFICE NORTH VILLAGE AT ATLANTIC SHORES Major Development Projects Currently Under Planning and Zoning Review CHATEAU SQUARE CROSSINGS AT HALLANDALE HALLANDALE BEACH TOWNHOMES HBC MEDICAL CENTER ICEBOX CULINARY CENTER MG100 TOWER PEGASUS PARK PAVILION- MINOR DEVELOPMENT PENINSULA TOWER V TOWER Recently Completed Major Developments CVS PHARMACY PEGASUS PARK VILLAGE AT GULFSTREAM PARK P. 6 2 P a g e

7 Major Development Projects with Approved Site Plans P. 7 3 P a g e

8 Major Development Projects with Approved Site Plans 2000 S. OCEAN DRIVE 2000 S. Ocean Drive Development Agreement Commitment Highlights Beach Nourishment $1,075, Affordable Housing $ 100, Bus Shelter $ 40, Bidirectional Amplifier Antenna $ 50, OWNER/ DEVELOPER- B and H Fort Lauderdale Beach, LLC NE 29 th Avenue, Suite 1011, Aventura, FL * DESCRIPTION- 38 story, 64-unit luxury condominium. VALUATION- The market value of the project is valued at $140 million. The cost of construction is approximately $90 million. STATUS-The Plat application was approved by City Commission on November 20, The Major Development application was approved by City Commission on April 16, The Site Plan approvals have been extended. (A solar reflectivity analysis is imminent. Resubmittal of permit plans are anticipated in the next few weeks. Prototype design of the public beach access adjacent to the project is pending.) P. 8 *Note: Property owner has changed. New Owner: 2000 OCEAN DRIVE LLC/ KAR Properties Owner Address: 232 MADISON AVE STE 200 NEW YORK NY Sold on 10/24/ P a g e

9 ACCESSO OFFICE BUILDING 100 N Federal Highway Major Development Projects with Approved Site Plans OWNER/DEVELOPER Accesso One, LLC 1140 E Hallandale Beach Blvd, Hallandale, FL DESCRIPTION Project consists of a five-story 27,744 square feet office building. This project is to be constructed on a vacant parcel of acres in size. Project did not go to City Commission based on the new RAC Regulations. VALUATION - The estimated construction cost is $4,000,000 STATUS The project was administratively approved on June 23, The building permit application have been submitted and building is under construction. P. 9 5 P a g e

10 Major Development Projects with Approved Site Plans BEACON OFFICE BUILDING 800 SE 4 Street OWNER/DEVELOPER- H&M Development DESCRIPTION- An eight- story office building with 75,860 square feet of office and retail space. VALUATION - The cost of construction is approximately $14 million. STATUS- The project was Administratively Approved on May 18, Submittal of building permits is pending. P P a g e

11 DOMUS OFFICE CENTER 804 S. Federal Highway Major Development Projects with Approved Site Plans OWNER/DEVELOPER H Development 540 NW 165 th Street Road, #310, Miami, FL DESCRIPTION Demolition of existing abandoned motel and redevelopment of the site with a 19-story class A building with 13,021 square feet of retail on the first floor and 160,854 square feet of office space. VALUATION The estimated construction cost is not available at this time. The estimated market value at build-out is $65 million. STATUS The Site Plan was approved by City Commission on September, The site plan approval expires on March 10, Building permit application has not been submitted at this time. P P a g e

12 GULFSTREAM POINT 918 South Federal Highway Major Development Projects with Approved Site Plans OWNER/DEVELOPER - Hallandale First, LLC, 100 S. Biscayne Blvd Suite 900 Miami, FL DESCRIPTION - A 24- story building inclusive of 297 residential units and a 2,572 square feet restaurant with a 757 square feet outdoor patio area. VALUATION - The estimated construction cost is $51 million. STATUS - The major development/ site plan application was approved by the City Commission on December 15, Site plan approval will expire on June 15, The building permit application has been submitted and is under review. Development Agreement Commitment Highlights City Park Improvements $700, Coordinate hiring program w/ HOP. If unable meet 15% goal of HB residents, fund training program $1,000 per position. (In-Kind) $1,000 per position not filled to meet 15% goal P P a g e

13 DIPLOMAT GOLF COURSE Diplomat Parkway Major Development Projects with Approved Site Plans OWNER/DEVELOPER- Diplomat Golf Course Ventures, LLC, 425 N. Federal Hwy, Hallandale Beach, FL DESCRIPTION- The Project consists of an expansion of the existing Hotel and Country Club to include three hotel towers with a total of 938 new hotel rooms (keys) and approximately 70,960 square feet of proposed accessory hotel uses excluding the existing 60 room hotel, meeting rooms, conference rooms and spa. A 30 story residential tower with 250 units is also proposed. The existing tennis center will be relocated to the central north end of the golf course and 3 single family homes added to the marina parcel. VALUATION- The estimated construction cost is $650 million. STATUS- This project was approved by City Commission on March 2, Submittal of building permit is pending. Development Agreement Commitment Highlights Improvements Atlantic Shores Blvd. $3, Improvements to Sunrise Park* $50, Construct a linear park or improve Sunrise Park* $250, Public Safety Improvements $811, City Circulator $400, Diplomat Parkway $350, Affordable Housing $331, Sunrise Park $700, Scholarships ($15,000/year/8yrs) $120, Mobility Study $40, Historic Commission $25, Community Benefit Training/Construction/Permanent $70, Construct turn lanes HBB & Diplomat Pkwy. $475, P. 13 *pursuant to 7/16 amendment 9 P a g e

14 DREAM TEAM RETAIL 11 NE 1 st Avenue Hallandale Beach, FL Major Development Projects with Approved Site Plans OWNER/DEVELOPER Dream Team Developers, LLC 2719 Hollywood Blvd, Hollywood, Florida DESCRIPTION Project consist of one-story building with a total of 1,855 square feet of commercial space. VALUATION The estimated construction cost is approximately $1,000,000. STATUS This project was approved by City Commission on September 26, Site plan approval will expire March 26, Submittal of building permit is pending. P P a g e

15 Major Development Projects with Approved Site Plans HALLANDALE ARTSQUARE N. Federal Highway OWNER/DEVELOPER- Hallandale Land Ventures, LLLP 150 SE 2 AVE #800 Miami FL DESCRIPTION- Mixed use Project consisting of 268 multifamily mid-rise units including 8 live/work units in 6-7 story buildings, 90 garden apartments in 3 story buildings, a 2-level parking structure with surface parking, residential amenities, and 12,755 square feet of commercial space. VALUATION- The estimated construction cost is approximately $50 million, and projected market value is $80 million. STATUS The major development/ site plan application was approved by the City Commission on March 18, Site plan approvals expire on September 18, The building permit application has been submitted and is under review. P. 15 Development Agreement Commitment Highlights Coordinate hiring program with HOP. If unable to meet 15% goal of HBB residents, fund training program. $1000 per position (In-Kind) $1,000 per position not filled to meet 15% goal Install a bus shelter or pay up to Install shelter or pay $50,000 (In-Kind) $50,000 Reconstruction of NE 3 rd Street in partnership with CRA. 11 P a g e

16 HALLANDALE FIRE STATION No Foster Road Major Development Projects with Approved Site Plans OWNER/DEVELOPER City of Hallandale Beach, 400 South Federal Highway, Hallandale Beach, FL DESCRIPTION Construction of a new Fire Station, Emergency Operation Center and Administration Offices for a total of 25,197 sq. ft. to replace and relocate the existing Fire Station No. 7. VALUATION - The total project cost is approximately $7.7 million STATUS Site plan was approved by the City Commission on January 28, 2015 and building is under construction. P P a g e

17 Major Development Projects with Approved Site Plans HALLANDALE OASIS PHASE II 1000 E. Hallandale Beach Boulevard OWNER/DEVELOPER - Romagnole Investment Properties, LLC, 407 Lincoln Road # 11C Miami Beach, FL DESCRIPTION Project consists of two sites: The applicant requests to amend the approved plans by adding a 200 room hotel and 11,930 square feet of additional commercial use in a 10 and 20 story building to the 1100 EHBB parcel. The 1000 EHBB site will be redeveloped with another 26 story building with 250 residential units and 7,340 square feet of commercial area. The combined properties have a total of acres. VALUATION The construction cost is approximately $115 million with a projected market value of $160 million. STATUS The project was approved by City Commission on May 4, Submittal of building permits is pending. Development Agreement Commitment Highlights Community Benefit Construction/Permanent Workforce $70, Public Safety Improvements $376, Improvements Hibiscus Road & US1 to 14 th Ave. $1,000, City Circulator $300, Upgrade to wastewater lift station, force main system and $1829, gravity main. Feasibility Study- Construct R/W between US1 & S.E. $60, th Ave. P P a g e

18 Major Development Projects with Approved Site Plans MD CLINICAL MEDICAL OFFICE 633 Hallandale Beach Blvd P. 18 OWNER/DEVELOPER MD Clinical Medical Office, 911 E. Hallandale Beach Blvd, Hallandale Beach, FL DESCRIPTION Project consist of a 2-story 12,245 square feet medical office building. This project is proposed to be constructed on a vacant parcel of property 22,500 square feet in size. VALUATION The estimated construction cost is approximately $2-3 million Dollars. With an estimated value at completed construction of $3.9 million dollars STATUS The major development/ site plan application was approved by the City Commission on March 18, Site plan approvals expire on September 18, The building permit application has not been submitted at this time. A new development application has been filed by new ownership for this property. 14 P a g e

19 Major Development Projects with Approved Site Plans NINE HUNDRED 900 S. Federal Highway OWNER/DEVELOPER Hallandale Office Towers, LLC, 6001 N.W. 153 rd Street, Suite 110 Hallandale Beach, FL DESCRIPTION Project consist of a 23- story high rise building with 320 residential units, including s request for assignment of 320 RAC (Regional Activity Center) units to allow the residential use, 5,871 square feet of commercial space, 150 room hotel and associated parking garage. VALUATION The total project cost is approximately $ 51 Million. STATUS The project was approved by City Commission on June 1, Execution of the Development Agreement is pending. Development Agreement Commitment Highlights Community Benefit Construction/Permanent Workforce $70, Public Safety Improvements $244, Improvements S.E 9 th St. from US1 to S.E. 2 nd St. $1,000, Historic Contribution $25, Scholarship $25, Affordable Housing $424, P P a g e

20 O.B. JOHNSON PARK 900 NW 8 th Avenue Major Development Projects with Approved Site Plans OWNER/DEVELOPER City of Hallandale Beach, 400 South Federal Highway, Hallandale Beach, FL DESCRIPTION Redevelopment of OB Johnson Park and the Hepburn Center with 41,984 square feet intergenerational facility to optimize the recreational land use and services for the City of Hallandale Beach Community. VALUATION The total project cost is approximately $14.6 million. STATUS The major development/ site plan application was approved by the City Commission on April 15, 2015 and building is under construction. P P a g e

21 OPTIMA OFFICE NORTH 1010 S. Federal Highway Major Development Projects with Approved Site Plans OWNER/DEVELOPER- I & A Miami, LLC and Star Holding Management, DESCRIPTION- Project consist of 269,566 square feet of office use and, 5,689 square feet of bank space. Class A Office, LEED Platinum VALUATION - The cost of construction is approximately $65 million. STATUS- The project was approved by City Commission on May 18, Submittal of building permits is pending. Development Agreement Commitment Highlights Community Benefit- Construction Workforce $5, per position Public Safety Improvements $215, P P a g e

22 Major Development Projects with Approved Site Plans VILLAGE AT ATLANTIC SHORES 801 N. Federal Highway OWNER/DEVELOPER- Atlantic Village 1, LLC DESCRIPTION- Project consist of a two- story commercial center. The project includes 31,144 square feet of retail and office space. VALUATION- The cost of construction is approximately $5 million. STATUS- The project was Administratively Approved on May 18, 2016 and building is under construction. P P a g e

23 Major Development Projects Currently Under Planning and Zoning Review P P a g e

24 Major Development Projects Currently Under Planning and Zoning Review BLUESTEN PARK 501 S.E. 1 st Avenue OWNER/DEVELOPER- The City of Hallandale Beach, 400 S. Federal Highway Hallandale Beach Blvd, Hallandale Beach, FL DESCRIPTION- Project consist the redevelop for Bluesten Park to include replacing the Community Center and swimming pool facility per the City Wide Park Master Plan. VALUATION- The cost of construction is approximately $21 million. STATUS- The project is presently under review. MEETING DATES: Community Meeting- TBA Planning & Zoning Board Hearing: TBA City Commission: TBA P P a g e

25 Major Development Projects Currently Under Planning and Zoning Review CHATEAU SQUARE 600 E Hallandale Beach Blvd OWNER/DEVELOPER- Chateau Group, LLC, 1000 E Hallandale Beach Blvd, Hallandale Beach, FL DESCRIPTION- Mixed use development consisting of two 40- story high rise buildings with a total of 726 residential units, including a request for assignment of RAC (Regional Activity Center) units to allow the residential use, 137,384 square feet of Retail Use Gross Leasable Area (a total of 336,902 square feet of Gross Floor Area when A/C mall pavilions, hallways, common areas and kiosks areas are included). The Project also includes 99,569 square feet of Gross Floor Area of Office Use and two hotel buildings with a total of a 280 hotel rooms/keys and 14,102 square feet of accessory hotel uses such as, ballrooms and meeting rooms. VALUATION- The cost of construction is approximately $375 million. STATUS- The project is presently under review. P. 25 MEETING DATES: Community Meeting was held on December 21, 2015 Planning & Zoning Board Hearing: July 27, 2016 First Reading City Commission: August 18, 216 Second Reading City Commission: TBA 21 P a g e

26 CROSSINGS AT HALLANDALE 700 Old Federal Highway/130 S.E. 7 th Street Major Development Projects Currently Under Planning and Zoning Review OWNER/DEVELOPER- Hallandale Crossing, LLC DESCRIPTION- Project consist of a seven-story building with 92 residential multifamily units. VALUATION - The cost of construction is approximately $10 million. STATUS- The project is on hold by request of the applicant. The project application expires and will be closed on September 16, MEETING DATES: Community Meeting- TBA Planning & Zoning Board Hearing: TBA City Commission: TBA P P a g e

27 Major Development Projects Currently Under Planning and Zoning Review HALLANDALE BEACH TOWNHOMES & 920 SW 9th Street OWNER/DEVELOPER 99 Hallandale, LLC, 2875 NE 191 Suite 80, Aventura FL DESCRIPTION Project consist of 20 townhomes units that inclusive of (8) threebedroom units on the northern property and (12) three-bedroom units on the southern side the project (located on 2 parcels: & 920 SW 9th Street). VALUATION The cost of construction is $4,228, STATUS The project is presently under review. MEETING DATES: Community Meeting- TBA Planning & Zoning Board Hearing: TBA City Commission: TBA P P a g e

28 HBC MEDICAL CENTER 411 N. Dixie Highway Major Development Projects Currently Under Planning and Zoning Review OWNER/DEVELOPER- HBC Medical Holding LLC DESCRIPTION- Project consists of a 3-story commercial building with 25,089 square feet of medical office space. VALUATION The cost of construction is approximately $6.5 million. STATUS The project is presently under review. MEETING DATES: Planning & Zoning Board Hearing: Sept. 28, 2016 City Commission: TBA P P a g e

29 Major Development Projects Currently Under Planning and Zoning Review ICEBOX CULINARY CENTER 219 N.E. 3 rd Street OWNER/DEVELOPER- Icebox Café RE, LLC DESCRIPTION- Project consist of 9,300 square feet commercial kitchen/commissary, a 2,100 square feet green house and a 2,700 square feet café dining area. VALUATION The cost of construction is approximately $1,750, STATUS The project is presently under review. P. 29 MEETING DATES: Planning & Zoning Board Hearing: Sept. 28, 2016 City Commission: TBA 25 P a g e

30 Major Development Projects Currently Under Planning and Zoning Review MG100 TOWER 100 S Federal Highway OWNER/DEVELOPER- MG 100 Federal, LLC DESCRIPTION- Project consist of 30 story mixed-use tower. The project includes 294 rental apartment residence, 4,116 restaurant space and approximately 5,487 square feet of retail space. Conditional Use permit is also requested to allow the residential use on commercial zoned land and allocation of flex and RAC units. Assigning PDD Overlay District to the property is also requested. VALUATION The cost of construction is approximately $80 million. STATUS The project is presently under review. P. 30 MEETING DATES: Community Meeting- May 19, 2016 Planning & Zoning Board Hearing: June 8, 2016 First Reading City Commission: TBA Second Reading City Commission: TBA 26 P a g e

31 Major Development Projects Currently Under Planning and Zoning Review PEGASUS PARK PAVILION- MINOR DEVELOPMENT 901 S. Federal Highway OWNER/DEVELOPER - Gulfstream Park Inc. 901 S Federal Hwy, Hallandale, FL DESCRIPTION Project consist of a single-story 2,763 square feet pavilion containing food concession, restroom facilities, and a canopied outdoor dining area within Pegasus Park. t pavilion containing concession and restroom facilities, and a canopied outdoor dining area within Pegasus Park. VALUATION N/A STATUS Plans submitted on June 21, 2016 and are currently under review. P P a g e

32 Major Development Projects Currently Under Planning and Zoning Review PENINSULA TOWER 124 S. Federal Highway OWNER/DEVELOPER Development, LLC/ Joseph Dum and Josef Preschel DESCRIPTION- Project consist of a fifteen-story office building with 144,414 square feet of office and retail space. VALUATION- The cost of construction is approximately $26 million. STATUS- The project is presently under review. P. 32 MEETING DATES: Community Meeting- June 2, 2016 Planning & Zoning Board Hearing: N/A Administrative Approval: TBA 28 P a g e

33 Major Development Projects Currently Under Planning and Zoning Review V TOWER 633 W. Hallandale Beach Blvd. OWNER/DEVELOPER- HL Hallandale, LLC, DESCRIPTION- Project consist of a twenty-three story, office building with 119,750 square feet of gross floor area. VALUATION - The cost of construction is approximately $25 million. STATUS- The project is presently under review. MEETING DATES: Community Meeting- September 8, 2016 Planning & Zoning Board Hearing: TBA City Commission: TBA P P a g e

34 Recently Completed Major Developments* (*Projects which have obtained a Certificate of Occupancy (C.O.) or Temporary Certificate of Completion (TCC) in the past 6 months.) P P a g e

35 CVS PHARMACY 2101 E. Hallandale Beach Boulevard Recently Completed Major Developments OWNER/DEVELOPER CVS FL, LLC/CPH Engineers Inc SW 1 st Street, Miami, FL DESCRIPTION A 14,290 square foot CVS Pharmacy Store. VALUATION The estimated construction cost is $1.4 million. STATUS Development application was approved by City Commission on May 7, The building permit has been issued and the project received it C.O. February 16, Development Agreement Commitment Highlights Traffic Condition Study $ 15, Rehab of Hallandale Beach Fire Station 90 $ 65, Installing purple pipe along Three Islands Boulevard to support the $ 50, City s re-use initiative, and landscape improvements Bus Shelters $ 35, Water Impact Fee $ 6, Maintenance of abutting canal end $ 50, City's Mini bus system $ 25, Contribution for removal of the exotic species along Three Islands $ 65, Boulevard and replacement landscaping P P a g e

36 PEGASUS PARK VILLAGE AT GULFSTREAM PARK 901 S. Federal Highway Recently Completed Major Developments OWNER/DEVELOPER - Gulfstream Park Inc. 901 S Federal Hwy, Hallandale, FL DESCRIPTION - Construction of a monumental 110 feet tall bronze statue of the winged horse, Pegasus, in a park-like setting at the Village at Gulfstream Park. VALUATION - The estimated construction cost is $ 20 million. STATUS The application was approved by the City Commission on November 20, An addition of Carousel, Kiddie- coaster, Concession Stand and Restrooms forthcoming as a proposal. The statue and park has received a Temporary Certificate of Completion (TCC). P P a g e

37 MAPS AND AERIALS P. 37

38 LOCATION MAP P. 38 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

39 SURVEY Kenneth J. Osborne Digitally signed by Kenneth J. Osborne Date: :02:08-04'00' P. 39 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

40 DEMOGRAPHICS Population 1 Mile 3 Mile 5 Mile Male 9,789 (48.74 %) 73,684 (47.73 %) 166,848 (47.59 %) Female 10,297 (51.26 %) 80,706 (52.27 %) 183,777 (52.41 %) Total Population 20, , ,625 Age Breakdown 1 Mile 3 Mile 5 Mile Ages (4.40 %) 6,655 (4.31 %) 16,832 (4.80 %) Ages 5-9 1,083 (5.39 %) 8,489 (5.50 %) 21,511 (6.14 %) Ages (4.83 %) 7,926 (5.13 %) 20,227 (6.14 %) Ages (4.50 %) 7,401 (4.79 %) 19,246 (5.49 %) Ages (4.66 %) 7,354 (4.76 %) 19,037 (5.43 %) Ages (4.94 %) 7,455 (4.83 %) 18,896 (5.39 %) Ages ,098 (5.47 %) 7,980 (5.17 %) 19,503 (5.56 %) Ages ,217 (6.06 %) 9,065 (5.87 %) 21,233 (6.06 %) Ages ,371 (6.83 %) 10,359 (6.71 %) 23,475 (6.70 %) Ages ,520 (7.57 %) 11,366 (7.36 %) 25,115 (7.16 %) Ages ,481 (7.37 %) 11,285 (7.31 %) 24,810 (7.08 %) Ages ,412 (7.03 %) 10,748 (6.96 %) 23,339 (6.66 %) Ages ,261 (6.28 %) 9,831 (6.37 %) 21,040 (6.00 %) Ages ,105 (5.50 %) 8,661 (5.61 %) 18,197 (5.19 %) Ages (4.78 %) 7,533 (4.88 %) 15,471 (4.41 %) Ages (4.14 %) 6,496 (4.21 %) 12,823 (3.66 %) Ages (3.34 %) 5,209 (3.37 %) 9,980 (2.85 %) Ages 85+ 1,391 (6.93 %) 10,577 (6.85 %) 19,890 (5.67 %) P. 40 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

41 DEMOGRAPHICS Household Income 1 Mile 3 Mile 5 Mile Median Income $36,282 $48,752 $48,596 Less than $10,000 1,053 6,385 13,069 $10,000 -$14, ,421 9,582 $15,000 - $19, ,831 9,319 $20,000 -$24, ,225 8,774 $25,000 - $29,999 1,069 4,403 9,552 $30,000 - $34, ,745 8,490 $35,000 - $39, ,857 8,083 $40,000 - $44, ,109 7,984 $45,000 - $49, ,001 7,003 $50,000 - $59, ,339 12,283 $60,000 - $74, ,075 14,515 $75,000 - $99, ,165 15,501 $100,000 - $124, ,449 9,437 $125,000 - $149, ,603 4,573 $150,000 - $199, ,390 4,478 Greater than $200, ,235 6,122 Housing 1 Mile 3 Mile 5 Mile Housing Units 13,280 98, ,794 Occupied Units 10,030 71, ,142 Owner Occupied Units 4,988 42,350 89,778 Renter Occupied Units 5,042 29,502 61,364 Vacant Units 3,250 27,071 46,652 Race Demographics 1 Mile 3 Mile 5 Mile Population Non Hispanic White 13, , ,908 Population Black 5,688 26,120 90,845 Population Am In/Ak Nat N/A P. 41 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

42 ZONING ZONING We were informed by the City of Hallandale Beach Planning and Zoning Department that the Subject has recently been rezoned to Central RAC district. The majority of the site lies within the Corridor Sub-district and the westernmost ±32,256 SF lies within the Neighborhood Sub-distict. Previously, the Subject was zoned B- G, a general commercial zoning, along Federal Highway and RM-18, a primarily multi-family zoning, in the western portions. According to the City s Ordinance No the purpose and intent of the Central RAC district is to guide the redevelopment of land within the boundaries of the RAC land use category and the surrounding properties into a vibrant area that (a) provides a mix of uses within a pedestrian-friendly environment to meet the daily needs of workers, residents, and visitors; (b) encourages higher densities and intensities within a half-mile of the planned commuter rail station; (c) establishes a desirable residential location with a variety of housing types to accommodate a diverse population; (d) promotes the optimum use of transit by maintaining and enhancing a continuous inter-connected network of pedestrian and bicycle friendly streets; (e) provides public open space in the form of parks, plazas, and greens; and (f) encourages investment by accommodating new development at a range of scales including individual infill buildings and large redevelopment projects. The Ordinance describes the Corridor Subdistrict as the most intense subdistrict in the RAC, accommodating a wide range of uses, including major employment, shopping, civic, and entertainment destinations as well as residential uses. Located along wide, existing commercial corridors, this subdistrict will have the largest scale of redevelopment and will create a vibrant, pedestrian-friendly, mixed-use district along main transit routes, in close proximity to the planned Tri-Rail Coastal Link station. The RAC Neighborhood Subdistrict is a zoning district which provides for a wide range of residential building types to meet the demands of a diverse community. These residential building types include houses, duplexes, townhouses, apartment houses, and courtyard buildings. P. 42 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

43 ZONING Central RAC Zoning Map showing Subdistricts and Subject Location P. 43 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

44 ZONING P. 44 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

45 ZONING P. 45 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by

46 ZONING As can be seen above, the Central RAC Corridor Subdistrict is a liberal zoning district with allowable uses that include multi-family, lodging, office, and retail. The base building height limit is 10 stories with maximum height limit being 20 stories. The base density for this district is 18 dwelling units (du) per acre and the maximum density is du per acre. The maximum height and density allowance is based on performing criteria and approval processes. The Neighborhood Subdistrict is basically a residential (single family and multifamily district. The base density for this subdistrict is 14 du/acre with a max of 20 du/acre. The majority of the Subject site lies within the Corridor subdistrict which is considered liberal and in no way appears to be restrictive to functional development of the site. Feasible uses include multi-family, office, and retail uses. Any use of the subject site must meet all physical requirements (setbacks, building height etc) and would still be subject to site plan approval from the City of Hallandale Beach. For a complete description of the zoning district, including all permitted uses and development standards, consult Ordinance No or the City of Hallandale Beach Planning and Zoning Department. P. 46 The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by