Downtown Hollywood Commercial Building Great freestanding building in Downtown Hollywood Florida Long term successful restaurant on first floor Second floor ready to lease out Pro-forma income is $172,336 providing a 8.62% Projected Capitalization rate Landmark building, former Hemingway's restaurant and lounge Sponsored By: JOHN DEMARCO, ACP 954-678-8733 JohnDeMarco@Remax.net Each office is independently owned and operated. RE/MAX 5 STAR REALTY 4151 Hollywood Blvd (954) 361-0000 www.demarcogroup.com Each office independently owned and operated
INVESTMENT DETAILS Analysis Analysis Date February 2018 Property Property Property Address Downtown Hollywood Commercial 219 N 21 Ave Purchase Information Property Type Purchase Price Tenants Total Rentable Sq. Ft. Financial Information Commercial $1,999,000 3 11,000 All Cash Loans Type All Cash Debt Term Amortization Income & Expenses Gross Operating Income Monthly GOI Total Annual Expenses Monthly Expenses Rate Payment Contact Information $104,400 $8,700 ($29,444) ($2,454) John DeMarco, ACP 954-678-8733 JohnDeMarco@Remax.net P. 2 LO Costs
PROPERTY DESCRIPTION John DeMarco with Re/Max 5 Star Realty is pleased to present 219 N 21st Ave Hollywood FL for sale. This landmark building is the former famous Hemingway's bar and lounge. Located in the heart of Downtown Hollywood Florida, this building is situated in an A+++ location. The first floor consists of 6000 square feet which 5500 is leased to Runa's Restaurant, a high end Peruvian style cuisine. Runa's is very successful, and enjoy a beautiful build-out and ambience. Runa's is paying $7500 a month gross, have 3% annual increases, and 7 years remaining on their lease. The balance of the first floor, 500sf, is leased to a general office for $1200.00 a month and has two years left on its lease. The second floor which is 5000 sf can be leased for an office at $16 per sf ft. When fully leased this building will be netting $172,336 a year providing an investor with a strong 8.62% capitalization rate. For additional information call broker directly, do not disturb this property or business. P. 3
PROPERTY PHOTOS P. 4
LEASE RENT ROLL Suite Tenant Start Date Expire Date RSF $/RSF Annualized Tenant Renewal Commissions Rent Improvement Term Renewal Increase Notes 1 Restaurant 09/01/2015 09/01/2024 5,500 $16.36 $90,000 $0.00 $0.00 1 year $0.00 3.0% annual increases 2 Office 09/01/2016 09/01/2018 500 $28.80 $14,400 $0.00 $0.00 1 year $0.00 Seller occupied 3 Vacant 5,000 $0.00 $0 $0.00 $0.00 1 year N/A P. 5 and should be personally verified through personal inspection by and/or with the appropriate professionals.
PRO FORMA SUMMARY INCOME Actual Per SF Market Per SF $104,400 $9.49 $188,400 $17.13 Less: Vacancy $0 $0.00 $0 $0.00 Misc. Income $0 $0.00 $13,380 $1.22 $104,400 $9.49 $201,780 $18.34 Actual Per SF Market Per SF Building Insurance $8,000 $0.73 $8,000 $0.73 Taxes - Real Estate $21,444 $1.95 $21,444 $1.95 ($29,444) ($2.68) ($29,444) ($2.68) $74,956 $6.81 $172,336 $15.67 Description Gross Potential Rent Effective Gross Income OPERATING EXPENSES Description Total Expenses NET OPERATING INCOME P. 6
PRO FORMA SUMMARY TENANT ANNUAL SCHEDULED INCOME Tenant Restaurant Office Vacant TOTALS INVESTMENT SUMMARY Price: Tenants: RSF: Price/RSF: Lot Size: Floors: APN: $1,999,000 3 Actual Market $90,000 $14,400 $0 $104,400 $90,000 $14,400 $84,000 $188,400 ANNUALIZED INCOME Description Actual Market Gross Potential Rent Less: Vacancy Misc. Income Effective Gross Income Less: Expenses Net Operating Income $104,400 $0 $0 $104,400 ($29,444) $74,956 $188,400 $0 $13,380 $201,780 ($29,444) $172,336 Actual Market $8,000 $21,444 $29,444 $2.68 $8,000 $21,444 $29,444 $2.68 11,000 $181.73 10,000 sf 2 51421501170 Cap Rate: 3.75% Market Cap Rate: 8.62% ANNUALIZED EXPENSES Description Building Insurance Taxes - Real Estate Total Expenses Expenses Per RSF P. 7
TENANT MIX REPORT Suite Tenants 1 2 3 3 Approx. SqFt Restaurant Office Vacant 5500 500 5000 11,000 Avg. Rents $7,500 $1,200 $0 TENANT MIX Monthly Mkt Rents $7,500 $1,200 $0 $8,700 Monthly $7,500 $1,200 $7,000 TENANT MIX SQUARE FEET Restaurant Office Vacant Restaurant Office Vacant TENANT MIX INCOME TENANT MIX MARKET INCOME Restaurant Office Vacant Restaurant Office Vacant P. 8 $7,500 $1,200 $7,000 $15,700
COMPARABLE SALES 1 128 N Dixie Hwy SOLD Broward County True Buyer: - Recorded Seller: Jfd Ii Investments Inc 128 N Dixie Hwy Sale Date: 11/08/2016 (351 days on mkt) Sale Price: $240,000 - Confirmed Price/SF: $240.00 PrFrma Cap Rate: Actual Cap Rate: 4.00% Bldg Type: Year Built/Age: RBA: Land Area: Zoning: Sale Conditions: Class C Office Built 1969 Age: 47 1,000 SF 0.08 AC (3,485 SF) CN-3 - Parcel No: Financing: Comp ID: 3748025 Research Status: Confirmed 2 1622 N Dixie Hwy SOLD Broward County True Buyer: AJF PROPERTIES 880 SE 2nd Ave Dania Beach, FL 33004 (954) 815-2216 James Ridgely Recorded Seller: Ward Robert 2116 Sherman St Sale Date: 01/06/2017 (72 days on mkt) Sale Price: $266,500 Price/SF: $266.50 Bldg Type: Year Built/Age: GLA: Land Area: Zoning: PrFrma Cap Rate: - RetailAuto Repair Built 1953 Age: 64 1,000 SF 0.17 AC (7,405 SF) IM-1 Parcel No: Financing: Comp ID: 3803342 Research Status: 3 1901 Harrison St - Harrison Street Retail Office II Recorded Buyer: D & B Realty Group Inc 5920 SW 14th St Plantation, FL 33317 Recorded Seller: 1901 Harrison Llc 48 E Flagler St Miami, FL 33143 Sale Date: 07/14/2017 (100 days on mkt) Sale Price: $1,125,000 - Confirmed Price/SF: $224.55 PrFrma Cap Rate: Actual Cap Rate: 6.80% SOLD Broward County Fort Lauderdale, FL 33020 Bldg Type: Year Built/Age: RBA: Land Area: Zoning: Sale Conditions: Class C Office Built 1959 Age: 58 5,010 SF 0.07 AC (3,049 SF) CCC-1 - Parcel No: 51-42-15-01-4690 Financing: Down payment of $550,000 (48.9%); $575,000 from Stonegate Bank Comp ID: 3958480 Research Status: Confirmed P. 9 Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 9/18/2017 Page 1
COMPARABLE SALES 4 1906 Hollywood Blvd SOLD Broward County Recorded Buyer: Hollywood 1906 Realty LLC PO Box 803 Katonah, NY 10536 Recorded Seller: Hedieh LLC 2743 Hollywood Blvd Sale Date: 01/02/2017 Sale Price: $901,000 - Confirmed Price/SF: $392.42 Bldg Type: Year Built/Age: GLA: Land Area: Zoning: PrFrma Cap Rate: - RetailStorefront Built 1947 Age: 70 2,296 SF 0.08 AC (3,485 SF) CCC-1 (HPO Parcel No: 51-42-15-01-4730 Financing: Comp ID: 3816010 Research Status: Confirmed 5 1935 Hollywood Blvd SOLD Broward County Recorded Buyer: 1935 Llc 1800 Van Buren St Recorded Seller: Aoa Properties Lc Sale Date: 11/11/2016 (153 days on mkt) Sale Price: $1,040,000 Price/SF: $320.00 PrFrma Cap Rate: - Bldg Type: Year Built/Age: GLA: Land Area: Zoning: RetailStorefront Retail/Residential Built 1940 Age: 76 3,250 SF 0.07 AC (3,049 SF) CCC-1 (HPO Parcel No: 51-42-15-01-4330 Financing: Comp ID: 3768861 Research Status: 6 2006 Hollywood Blvd SOLD Broward County Recorded Buyer: Hollywood 2006 Realty LLC 254 Katonah Ave Katonah, NY 10536 Sale Date: 11/16/2016 Sale Price: $845,000 - Confirmed Price/SF: $241.43 PrFrma Cap Rate: - Recorded Seller: Samuel Tilles Inc 601 S Federal Hwy Hollywood, FL 33022 Bldg Type: Year Built/Age: GLA: Land Area: Zoning: RetailStorefront Built 1953 Age: 63 3,500 SF 0.07 AC (3,049 SF) CCC-1 (HPO Parcel No: 51-42-15-01-1380 Financing: Comp ID: 3786535 Research Status: Confirmed P. 10 Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 9/18/2017 Page 2
COMPARABLE SALES 7 2401 Hollywood Blvd - Wings & Curls SOLD Broward County Recorded Buyer: Smorkin 2401, LLC Recorded Seller: Thomas A Thomas 619 Palisade Ave 1530 Lakeview Cir ENGLEWOOD CLIFFS, NJ 07632 Coral Springs, FL 33071 (954) 921-4292 Sale Date: 03/07/2017 (376 days on mkt) Sale Price: $1,250,000 - Confirmed Price/SF: $307.13 PrFrma Cap Rate: - Bldg Type: Year Built/Age: GLA: Land Area: Zoning: RetailRestaurant Built 1971 Age: 46 4,070 SF 0.38 AC (16,553 SF) C-2 Parcel No: 51-42-16-01-6830 Financing: Down payment of $350,000 (28.0%); $900,000 from Private Lender Comp ID: 3865122 Research Status: Confirmed 8 2700 Hollywood Blvd - Multi-Property Sale (Part of Multi-Property) SOLD Broward County Recorded Buyer: 2700 Hollywood Blvd, LLC 21097 NE 27th Ct Aventura, FL 33180 Recorded Seller: CSM-Hollywood Equities, L.P. 670 White Plains Rd Scarsdale, NY 10583 Sale Date: 03/06/2017 (739 days on mkt) Sale Price: $5,067,391 - Allocated Price/SF: $273.91 PrFrma Cap Rate: - Bldg Type: Year Built/Age: RBA: Land Area: Zoning: Class C Office Built 1957 Age: 60 18,500 SF 1.16 AC (50,530 SF) C-2 Parcel No: Financing: Comp ID: 3852034 Research Status: Allocated 9 1946 Tyler St SOLD Broward County Recorded Buyer: Paz-Tarich, LLC 1946 Tyler St Recorded Seller: Nathanaaron, LLC 1946 Tyler St (954) 496-2731 Sale Date: 04/21/2017 (172 days on mkt) Sale Price: $1,900,000 - Confirmed Price/SF: $308.19 PrFrma Cap Rate: Actual Cap Rate: 9.68% Bldg Type: Year Built/Age: RBA: Land Area: Zoning: Sale Conditions: Class C Office Built 1958 Age: 59 6,165 SF 0.15 AC (6,534 SF) CCC-1, Hollywood - Parcel No: 51-42-15-01-4560 Financing: Down payment of $856,250 (45.1%); $1,043,750 from Banesco USa Comp ID: 3887839 Research Status: Confirmed P. 11 Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 9/18/2017 Page 3
COMPARABLE SALES Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 9/18/2017 Page 4 P. 12
COMPARABLE SALES Trend Report Dollar Volume Report Time Frame: 10/1/2016-9/18/2017 Legend: Current Survey Sold Transactions Time Interval - Quarterly Sold Transactions Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate 9 $12,634,891 44,791 2.23 97,139 $1,403,877 4,977 $282.09 $273.91 0.25 10,793 6.83% P. 13 Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 9/18/2017 Page 5
COMPARABLE SALES Trend Report Number of Transactions Total Dollar Volume Total Bldg Square Feet Total Land in Acres Total Land in SF Average Price Average Number of SF Average Price Per Bldg SF Median Price Per SF Average Number of Acres Average Number of SF(Land) Average Price Per Unit Median Price Per Unit Average Number of Units Actual Cap Rate 4Q16 10/1-12/31/16 1Q17 01/1-3/31/17 2Q17 04/1-6/30/17 3Q17 07/1-9/18/17 Sold Transaction Sold Transaction Sold Transaction Sold Transaction 3 $2,125,000 7,750 0.22 9,583 $708,333 2,583 $274.19 $241.43 0.07 3,194 4.00% 4 $7,484,891 25,866 1.79 77,972 $1,871,223 6,467 $289.37 $290.52 0.45 19,493-1 $1,900,000 6,165 0.15 6,534 $1,900,000 6,165 $308.19 $308.19 0.15 6,534 9.68% P. 14 Copyrighted report licensed to Re/Max 5 Star Realty - 746067. 1 $1,125,000 5,010 0.07 3,049 $1,125,000 5,010 $224.55 $224.55 0.07 3,049 6.80% 9/18/2017 Page 6
DEMOGRAPHICS Population 1 Mile 3 Mile 5 Mile Male 14,218 (50.63 %) 64,758 (48.29 %) 152,715 (47.86 %) Female 13,865 (49.37 %) 69,345 (51.71 %) 166,365 (52.14 %) Total Population 28,083 134,103 319,080 Age Breakdown 1 Mile 3 Mile 5 Mile Ages 0-4 1,330 (4.74 %) 5,702 (4.25 %) 15,230 (4.77 %) Ages 5-9 1,648 (5.87 %) 7,349 (5.48 %) 19,492 (6.11 %) Ages 10-14 1,467 (5.22 %) 6,890 (5.14 %) 18,357 (6.11 %) Ages 15-19 1,312 (4.67 %) 6,449 (4.81 %) 17,473 (5.48 %) Ages 20-24 1,381 (4.92 %) 6,394 (4.77 %) 17,268 (5.41 %) Ages 25-29 1,511 (5.38 %) 6,463 (4.82 %) 17,186 (5.39 %) Ages 30-34 1,756 (6.25 %) 6,892 (5.14 %) 17,711 (5.55 %) Ages 35-39 2,022 (7.20 %) 7,825 (5.84 %) 19,316 (6.05 %) Ages 40-44 2,277 (8.11 %) 8,995 (6.71 %) 21,582 (6.76 %) Ages 45-49 2,441 (8.69 %) 9,998 (7.46 %) 23,335 (7.31 %) Ages 50-54 2,361 (8.41 %) 9,971 (7.44 %) 23,000 (7.21 %) Ages 55-59 2,147 (7.65 %) 9,490 (7.08 %) 21,502 (6.74 %) Ages 60-64 1,794 (6.39 %) 8,604 (6.42 %) 19,243 (6.03 %) Ages 65-69 1,410 (5.02 %) 7,524 (5.61 %) 16,514 (5.18 %) Ages 70-74 1,057 (3.76 %) 6,491 (4.84 %) 13,970 (4.38 %) Ages 75-79 738 (2.63 %) 5,508 (4.11 %) 11,528 (3.61 %) Ages 80-84 468 (1.67 %) 4,369 (3.26 %) 8,887 (2.79 %) Ages 85+ 963 (3.43 %) 9,189 (6.85 %) 17,486 (5.48 %) P. 15
DEMOGRAPHICS Household Income 1 Mile 3 Mile 5 Mile Median Income $36,156 $44,401 $48,073 Less than $10,000 1,151 5,881 11,690 $10,000 -$14,999 1,133 4,233 8,512 $15,000 - $19,999 1,073 4,579 8,462 $20,000 -$24,999 947 3,858 8,018 $25,000 - $29,999 1,217 4,453 8,605 $30,000 - $34,999 931 3,384 7,963 $35,000 - $39,999 908 3,353 7,332 $40,000 - $44,999 899 3,427 7,288 $45,000 - $49,999 691 3,066 6,158 $50,000 - $59,999 778 4,744 11,223 $60,000 - $74,999 1,110 5,395 13,213 $75,000 - $99,999 993 6,091 14,439 $100,000 - $124,999 648 3,700 8,554 $125,000 - $149,999 308 1,908 4,379 $150,000 - $199,999 159 1,809 4,024 Greater than $200,000 118 1,603 5,238 Housing 1 Mile 3 Mile 5 Mile Housing Units 16,551 84,563 176,362 Occupied Units 13,547 63,865 136,808 Owner Occupied Units 4,670 35,289 84,125 Renter Occupied Units 8,877 28,576 52,683 Vacant Units 3,004 20,698 39,554 Race Demographics 1 Mile 3 Mile 5 Mile Population Non Hispanic White 18,517 98,810 222,901 Population Black 7,077 27,243 74,187 Population Am In/Ak Nat 23 41 479 P. 16
LOCATION MAP P. 17
FLORIDA S HOLLYWOOD BEACH AND DOWNTOWN BUSINESS AND REDEVELOPMENT OPPORTUNITIES CAPITAL IMPROVEMENT PLAN 2015-2019
WHY MOVE YOUR BUSINESS TO HOLLYWOOD? Close to international airport and seaport Centrally located in 3.5 million population No personal income tax Turnpike Port Everglades Diverse labor force and talent pool Waterfront executive housing Abundant workforce housing Colleges and universities close by Arts and culture hub Business friendly government Golf courses, beaches, kayaking, fishing Tri-Rail 1 A1A Fort Lauderdale-Hollywood International Airport ATLANTIC OCEAN Year round warm weather and sunshine Unmatched quality of life N
HOLLYWOOD BY-THE-NUMBERS 3.2 million annual visitors 5,150 hotel rooms: exceeds national average for hotel occupancies Fort Lauderdale-Hollywood International Airport 25 million passengers annually One of the fastest growing airports in the U.S. Port Everglades 4 million cruise passengers annually #2 cruise port in the world Strategic Locations in Florida 10 minutes to Fort Lauderdale-Hollywood International Airport 30 minutes to Miami 15 minutes to Fort Lauderdale Conveniently located between I-95 and US-1 corridors The City of Hollywood encompasses 27 square miles along the Atlantic Ocean between Miami and Fort Lauderdale. The Fort Lauderdale-Hollywood International Airport lies along the City s northern limits. Port Everglades, one of the busiest cruise ports in the world, lies primarily within Hollywood s boundaries. Together, these facilities provide international access. In addition, I-95, US-1, Florida s Turnpike, Tri-Rail, Amtrak and public transportation provide easy and convenient accessibility from Hollywood to the rest of the country. For information about CRA grants and incentives, visit HollywoodCRA.org. 1
DOWNTOWN HOLLYWOOD REDEVELOPMENT Existing Development Scheduled Development Landmarks Redevelopment Opportunity Public Parking Garage H3 247 Luxury Condominiums development FEC RAILWAY Hollywood Station Condominium 211 Units Courtyards of Hollywood Station 43 Townhomes 21ST AVE Retail/Office/ Residential Barry University Graduate School of Biomedical Sciences City of Hollywood Transit Oriented Development Proposed Residential Development Lofts at Hollywood Station 93 Condos 20TH AVE FILLMORE ST TAYLOR ST POLK ST TYLER ST Anniversary Park HARRISON ST VAN BUREN ST JACKSON ST 19TH AVE Hollywood HOLLYWOOD Blvd - Historic BLVD. District Cinema Paradiso Hollywood Art-house cinema JED Development 134 Residential units 11,000 sq. ft. commercial space Radius 311 Residential units 40,000 sq. ft. commercial space N YO UN G C IRC LE S Y O U N G Young Circle Commons 229 Residential units 24,916 sq. ft. retail Regent Park 253 Units Redevelopment Opportunity US-1 US-1 C IR C LE E C IRC LE YO UN G Proposed Mixed-use Development Redevelopment Opportunity Hollywood Circle 397 Residential units 104 room boutique hotel 58,646 sq. ft. retail space incl. 48,000 sq. ft. Publix Proposed Mixed-use Development Art & Culture Center of Hollywood Downtown Hollywood has much to offer with new and planned construction of Class-A office space, co-work shared work space options, mixed-use opportunities, flexible zoning and the charm of a traditional downtown. Wide brick paved sidewalks and convenient north-south and east-west corridors make Downtown Hollywood an easy and ideal area to navigate by foot, bicycle, vehicle or public transportation. Home to the Hollywood Art & Culture Center, Cinema Paradiso Hollywood art-house cinema, the ArtsPark at Young Circle and dozens of international restaurants and cafés, galleries and unique shops, Downtown Hollywood is a distinctive business, cultural and entertainment market and an exciting place to live, work and play. The ArtsPark at Young Circle in Downtown Hollywood is an award winning ten-acre circular park, designed with active spaces that stimulate, meditate and entertain. Live music events attract thousands of attendees. 2
JED DEVELOPMENT 134 Residential Units YOUNG CIRCLE COMMONS 229 Residential Units HOLLYWOOD CIRCLE 397 Residential Units 3
HOLLYWOOD BEACH REDEVELOPMENT SHERIDAN ST. Villas of Positano 62 units Sunset Harbor 10 four-story townhomes Marriott Hollywood Beach 229 Rooms Margaritaville Resort 349 Rooms 1,056-space Parking Garage LEED Silver Resort Positano 11 17 units Sky Harbor 8-unit luxury condos Nevada St. Parking Garage Stardust Mixed-use Parking Pavilion Hollywood Beach, voted one of the top beach destinations in the U.S. by TripAdvisor, is known for its world-famous Broadwalk, which stretches 2.5 miles along the white sand. Guests from around the world stay in its luxury hotels and charming boutique inns. Hollywood Beach offers numerous retail, residential and commercial development opportunities. HOLLYWOOD BLVD. Luxuria of Hollywood 8-unit luxury condos Diplomat Resort & Spa 1,000 Rooms HALLANDALE BEACH BLVD. INTRACOASTAL WATERWAY Costa Hollywood 307 units 30,000+ sq. ft. retail Sage Beach 24 Beachfront condos ATLANTIC OCEAN MARGARITAVILLE HOLLYWOOD BEACH RESORT MELIA COSTA HOLLYWOOD 304 Residential Units 4
DOWNTOWN HOLLYWOOD CAPITAL IMPROVEMENT PLAN The following capital improvements reflect the projected growth needs of the CRA District to maintain its stature as a world class destination and to provide comfortable conditions for its residents and businesses, ensuring that development is consistent with the community s plans and vision. Before After Festoon Lighting Festoon Lighting (String) across Hollywood Boulevard Festoon Lighting (Curtain) at 21st and Young Circle (optional) Before After New Clay Pavers Remove existing concrete banding in key areas Install new clay pavers throughout Provide midblock expansion / improvements Provide paver crosswalks Provides most longevity for color/appearance 5
DOWNTOWN HOLLYWOOD CAPITAL IMPROVEMENT PLAN Tyler Street Reconfiguration Options Option A: Two-way with median Option B: Two-way with east bound bike lane 6
Wayfinding Signage Wayfinding signage to assist in the easy identification of businesses, parks and special events Neighborhood Lighting Improvements to neighborhood lighting for pedestrian and vehicular safety Eight streets located north and south of Hollywood Boulevard Gateway Markers Enhancement of entrances to the Downtown core through integrated design elements 7
HOLLYWOOD BEACH CAPITAL IMPROVEMENT PLAN Marine Turtle Lighting Retrofit existing Broadwalk light fixtures to be compliant with marine turtle lighting ordinance Retrofit non-compliant cobra head fixtures on E/W side streets not yet converted to new lighting Nevada Street Garage New 7 level public parking garage Approximately 316 parking spaces 3500 SF retail space 8 Lifeguard Towers Replacement of life guard stations: 14 towers and 6 first aid stations within CRA district Johnson Street Hub Relocating mast arm Gateway features Wayfinding signage Landscape enhancements Lift station beautification Stamped asphalt crosswalk Streetscape Phase III: Oklahoma to New Mexico Streets Phase IV: Harrison Street to Magnolia Terrace Hardscape & streetend plazas with parking Marine turtle friendly street lighting Landscaping and irrigation Overhead conversion Public restroom(s)
Hollywood Boulevard Bridge Replacing existing ramps with T-type intersection Maintain existing bascule support N/S A1A remains in current configuration Removal of NB East loop ramp Dune Fencing From Sherman Street to Azalea Terrace Dune fencing behind Summit Condo Hollywood Beach Hotel Oklahoma, Hayes, and Sherman Streets Replacement of existing wooden fence with new post and rope Leveling sand that extends outside the dunes State Road A1A Hollywood Blvd. to Sheridan Street Undergrounding of overhead utilities Streetscape beautification Safer ADA Sidewalks Enhanced landscaping and trees Sharrow Lane Four- and five-lane configuration A1A Linear Park Small dog park Public day docks Public Art Enhanced bus stop Shaded seating and walkway Lift station architectural enhancement and landscape Broadwalk Enhancements Solar LED pavers Phosphorescent paint symbols on Broadwalk Concrete pole replacement 9
1948 Harrison Street, Hollywood, Florida 33020 954.924.2980 www.hollywoodcra.org CRA@hollywoodfl.org HOLLYWOOD COMMUNITY REDEVELOPMENT AGENCY Board Members Peter Bober Executive Director Jorge Camejo Patricia Asseff Kevin D. Biederman Richard S. Blattner Traci L. Callari Peter D. Hernandez Linda Sherwood General Counsel Jeffrey P. Sheffel