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Riviera Beach's Ambitious New Development: A Game-Changer
The Riviera Beach City Council has unanimously approved an exciting project that promises to reshape the local skyline and community landscape. Forest Development's Oculina plan includes two 25-story mixed-use condo towers set to rise at 3700 Broadway, revamping a prime site that once housed a Winn-Dixie supermarket.
Bridging the Gap: Affordable Housing and Job Opportunities
With the approval of this project comes a commitment to community welfare. In exchange for the additional height and density in the design, Forest Development will contribute nearly $5 million to the city’s affordable housing fund. This initiative is part of Riviera Beach’s Minority Employment and Affordable Housing Opportunity Program, which aims to foster diversity and provide employment opportunities to local residents. Additionally, a requirement has been set for at least 20% of the construction crew to come from minority populations, ensuring that local talent is prioritized for these new jobs.
What Does Oculina Include?
Oculina is slated to bring 399 residential units alongside retail and office spaces, totaling over 37,000 square feet. This multifaceted development aims to enhance the Riviera Beach experience with resort-style amenities, cafes, and dining options. As the city seeks to revitalize its economy and community ties, the Oculina project stands as a beacon of potential growth and collaboration.
Future Developments: Riviera Beach’s Growing Appeal
Riviera Beach is becoming increasingly attractive to developers, as evidenced by other projects like the Nautilus 220 and a 20-story apartment building at Marina Village initiated by Related Group and partners. This growing interest signals a vibrant future for the area, indicating that Riviera Beach is poised for revitalization and increased affordability while fostering local job opportunities.
Local Residents: Get Ready for Change!
For homeowners and community members in Riviera Beach, these developments represent a transformative moment. As the city evolves with a focus on inclusivity and growth, residents should consider their role and participate in discussions about this ongoing evolution. Engaging with local council meetings or community forums can be an excellent way to voice opinions and contribute to the future of Riviera Beach.
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