Friday November 8, 2019 TWO-FER DAY AT PEA: The Evolving Dynamic - PowerPoint PPT Presentation

Friday November 8, 2019 “TWO-FER” DAY AT PEA: The Evolving Dynamic Face of Hollywood And 2018 Master/Vision Plan Update to PEA Members Speakers Raelin Storey Mayor Josh Levy Dir of Communications, Marketing and Economic Dev City of Hollywood Michael Vanderbeek Dr. Natacha Yacinthe Director of Ports and Maritime Port Project Manager for the M/V Plan Bermello Ajamil & Partners Update

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Location… Location… Location • Unbeatable access to all of South Florida • Great Transportation + Logistics Assets

Port Everglades – Hollywood Connection Port created by City of Hollywood founder • Joseph Young Part of the original marketing for the City of • Hollywood More than 75% of the Port located in • Hollywood

Hollywood Financial Snapshot • 2 nd highest tax base in Broward County – $17.4B • Taxable values have increased for the 8 th consecutive year- up 56% in past 5 years.

ECONOMIC DEVELOPMENT IN HOLLYWOOD

Quality of Life… a growing attractor

Population Growth 6% and expected to continue Broward County 2018 Population 1.9M 140,711 - 2010 Hollywood Population Broward County 2045 Population 2.3M 149,028 – 2018 Hollywood Population Source: FL Bureau of Economic Business Research, US Census Bureau

Hollywood’s Boom • $1.5B in Average • development of planned, 15,000+ underway or building recently permits completed issued each year

Hyde Resort & Residences Hotel Units: 367 Residential Units: 40 Developer: The Related Group Investment: $250M

Hyde Beach House Residential Units: 342 Developer: The Related Group Investment: $225M

Planned Investment: Diplomat Beach Resort 31 story, 500 room planned hotel expansion 150,000 SF convention/meeting space 350 Residential Units

Hollywood Circle Residential Units: 397 Hotel Units: 111 Retail: 46,000 SF Publix Investment: $200M

Planned Investment: Block 40

Planned Investment: Block 58 Residential Units: 433 Retail: 26,000 SF

Planned Investment: Fiori Village Residential Units: 96 Nine Hollywood Residential Units: 226 Retail: 7,300 SF

Hollywood East

Planned Investment: 2233 Hollywood Blvd Residential Units: 180 Retail: 9,600 SF

Pinnacle at Peacefield Residential Units: 120 Public/Private Partnership Senior Affordable Housing

Quantum Marine Corporate Headquarters 30,000 SF, 3-story, Office/Conference Rooms, Machine Shop, Gym, Warehouse Sintavia Additive Manufacturing Facility • 55,000 SF Manufacturing Facility

Planned Investment: Icon Office (DowntownHollywood) Tobin Office Building (Central Hollywood)

Preserve at Emerald Hills Parkview at Hillcrest

Seminole Hard Rock Hotel + Casino

Planned Investment: 441 ROC

Toyota of Hollywood 7.5-acre complex will include a showroom, office, service area and five-story, 789-space garage 408,000 sf showroom, office, service area 5 story, 789 space garage Investment: $25M

Federally Designated Opportunity Zones 2. 1. 1. Liberia – Oakwood Plaza - SF Design and Commerce Center 2. Young Circle – Hollywood Boulevard – South Federal Highway

Opportunity Zone Investment 14,000 SF Showroom/Office/Warehouse 2801 Greene Street Proposed Hotel/Restaurant Development 242 Units

Office of Communications Marketing + Economic Development www.choosehollywoodfl.com 954.921.3620

2018 Port Everglades Master/Vision Plan Update Port Everglades Association (PEA) Update November 8, 2019

NEXT MEETING December 6, 2019