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At its Tuesday city commission meeting, Dania Beach will consider whether to enter into negotiations with two developers to build a large-scale apartment complex, offices and a hotel on city land that now houses City Hall, a library, fire station, parking garage and two historic buildings.
The $634.2 million project calls for razing City Hall and building a smaller government building surrounded by high-rise apartment buildings, keeping the fire station and parking garage intact and relocating the two historic buildings, one of which houses the Dania Beach Chamber of Commerce.
Under the proposed deal, the city would lease its 6.42 acres to Armada Hoffler Properties, a Virginia-based developer that specializes in public-private partnerships, and Capital Group, a Boca Raton-based developer. The city has not determined the lease value yet, but the lease would be a maximum of 99 years.
The City Hall building is valued at nearly $7 million, according to county records, and that represents only a portion of the total property value on the site.
The city, in turn, would lease back a new building to be built by the developers. The new building would consist of four floors. The first floor would be a lobby. The second floor would be an 18,000-square-foot library, which would replace the stand-alone Dania Beach-Paul DeMaio Library now on the site. The top two floors would be City Hall.
The lease has an option for the city to buy back the building after 20 years, according to city records.
The project at 100 W. Dania Beach Blvd. would consist of three phases: Phase 1, Phase 2, and Future Phases. Under Phase 1, four apartment buildings would be built: Each would contain nine levels for a total of 550 apartments. In addition, each of the buildings would have four levels of parking and one level of retail, creating 14-story buildings.
Phase 2 would include a more than 300,000-square-foot, 14-story apartment building with 400 units and parking.
A future phase includes two 9-story office buildings and a 150-room hotel.
The fire station would stay on the site. But the two historic buildings, one of which houses the chamber of commerce, would be relocated. These changes are planned for Phase 1, whose construction would be completed by 2027.
The city views the project as a catalyst to rejuvenate its downtown, followed by Kimco Realty’s plans to build a 102-acre, mixed-use project Dania Pointe off Interstate 95, as previously reported by the South Florida Business Journal. Other projects, like that of Dev Motwani who bought 16,000 square feet of land for 286 apartments for lease at $5 million in 2017, soon followed.
“The success of Dania Pointe has allowed the city to leverage some of the investment interests to initiate new development projects,” said City of Dania Beach Community Redevelopment Agency Executive Director Rickelle Williams.
A previous version of this story incorrectly characterized the transaction between the city of Dania Beach and the two developers. Under terms of the deal, the city would lease the 6.42-acre site of public property to the developers, not sell it.