Winning bidder selected for Hollywood Beach Culture and Community Center PPP in Miami
Hollywood commissioners have approved the proposal of Related Group to develop a high-rise condominium and community center on the city-owned beachfront land. The company will rebuild the outdated Hollywood Beach Culture and Community Center and develop a 30-story, 300-unit condo project on municipal land under the proposed 99-year term lease.
The new community center will be two-story and will occupy 20,000 square feet of space. It will have a restaurant on the ground level. In addition, Related will also rebuild a public park, restore a nearby sand dune and connect the development site to the Hollywood Beach Broadwalk.
The entire project, including public and private portions, is estimated to cost around US$138 million. The construction period will take a bit more than two years.
Country updates
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April 06, 2021
Financial close for Thruway service stations PPP project in New York
Applegreen has announced a financial close for the project which includes the development of 27 Service Areas for the New York State Thruway. The total investment in the project is US$300.7 million wi...
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April 06, 2021
Notice of Unsolicited Proposal received for Florida Fire Station PPP
The Fort Myers Shores Fire Protection and Rescue Service District (District) has received an unsolicited proposal for the possible construction and financing of a new fire station for the Distric...
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March 31, 2021
Florida Atlantic University published Invitation to Negotiate for Marine Research Facility PPP project
Florida Atlantic University has launched Invitation to Negotiate to issue a sublease of land to a private party for the development of the Marine Testing research facility. The project will be lo...
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March 31, 2021
14 teams interested in Biogas Utilization PPP in San Francisco
The San Francisco Public Utilities Commission (SFPUC) in California, USA has received 14 bids for the San Francisco Southeast Water Pollution Control Plant (SEP) Biogas Utilization project. The projec...
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March 30, 2021
PDA Contract awarded for multibillion Transit corridor PPP project in USA
Los Angeles County Metropolitan Transportation Authority in California, USA has awarded the PDA contract for the Sepulveda Transit Corridor Project to LA SkyRail Express (LASRE) consortium.
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