Support Cornerstone Development Project (2019-2022) (Ongoing)
Economic Development
Time Status:
Budget Status:
Percent Complete: 50%
Start Date: 10/01/2018
End Date: 09/30/2025
In 2018, a private developer acquired the Financial Plaza building and parking lot on the southwest corner of University Drive and Sample Road and construction is underway for large mixed-use project called Cornerstone. The project is a component of the city’s vision for walkable downtown and will serve as a catalyst for additional redevelopment in the Community Redevelopment Agency (CRA).
Due diligence is still under way. Rumble Boxing has signed on and a pizza concept is interested as well. The developer has not made an effort to cure any breach of contract and Limit C will be terminated.
Capital Budget: $0
Initiatives: Closed Out/Completed | On Target/In Progress | Behind Schedule/Late | Discussion Needed Retreat/Workshop Item | Delay/Hold | No Milestone | Not Defined
Initiatives: Closed Out/Completed | On Target/In Progress | Behind Schedule/Late | Discussion Needed | Retreat/Workshop Item | Delay/Hold | No Milestone | Not Defined
City of Coral Springs | 9500 West Sample Road, Coral Springs, FL 33065 | 954-344-1000