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IP Amphitheater Development

City Manager's Office

Time Status:

Budget Status:

Percent Complete: 10%

Start Date: 10/01/2020

End Date: 12/30/2022

In 2018, a private developer acquired the Financial Plaza building and parking lot on the corner of University Drive and Sample Road and is working on developing a large mixed-use project called Cornerstone. The project, a component of the City’s vision for a walkable downtown, will serve as a catalyst for additional redevelopment in the CRA. The CRA negotiated a tax increment incentive and memorialized the final terms of the project components, requirements and aesthetics as well as compliance regarding the tax incentive in a developer agreement between the City, CRA and developer

This project has a proposed component with the charter school location and the land-use of the property adjacent to the city hall parking garage. We are exploring options with a potential developer to spec out a design, and the plans are still very high level until we ascertain some basic land-use options.

Operating Budget:
Capital Budget:
Legend:  
Initiatives: On Target Closed Out/Completed | IP On Target/In Progress | Below Plan Behind Schedule/Late | DN Discussion NeededR/W Retreat/Workshop Item | D Delay/Hold | N No Milestone | Not Defined Not Defined
Legend:  
Initiatives: On Target Closed Out/Completed | IP On Target/In Progress | Below Plan Behind Schedule/Late | DN Discussion Needed | R/W Retreat/Workshop Item | D Delay/Hold | N No Milestone | Not Defined Not Defined

City of Coral Springs | 9500 West Sample Road, Coral Springs, FL 33065 | 954-344-1000