City Council Workshop *Special Start Time*

Page

/

4

Loading…


{"id": "", "title": "DocumentViewer.php", "mimeType": "application\\/pdf"}

## Page 1 of 4

MINUTES OF THE REGULAR WORKSHOP MEETING

CITY COUNCIL

BOCA RATON, FLORIDA

MONDAY, JANUARY 27, 2025

12:30 PM

The Workshop Meeting of the City Council of the City of Boca Raton, Florida was held in the Auditorium at

6500 Congress Avenue. The meeting was called to order by Mayor Scott Singer at 12:34 PM.

1\. FUTURE AGENDA MATIERS/ITEMS OF COUNCIL/PUBLIC CONCERN:

Mayor Singer provided opening comments and reviewed the procedures for the meeting.

A. Government Campus Redevelopment Partnership Opportunity

1\. Reports from Staff and CBRE

Andy Lukasik, Deputy City Manager, began with background information on the City's real

estate consultant, CBRE, and their work thus far. Following CBRE's report, he advised that the

four proposers would present their proposals in alphabetical order.

Lee Ann Korst, SVP with CBRE, began the overview of their analysis to date on each of the

four proposals received prior to the submission deadline of January 9, 2025. She began with

an outline of the Post Submission Timeline with milestones and a brief background on each of

the proposers. Comparison of proposals of public and commercial spaces, community outreach

opportunities, social media links and information posted on the City's webpage were reviewed.

Proposed community benefits were also shared. Mike McShea, EVP with CBRE, spoke on the

financial benefits of each proposal. He reviewed an analysis summary of each proposer,

phasing schedule overview, big picture overview and proposal highlights. Ms. Korst then

reviewed the next steps including financial terms, a nonbinding Interim Agreement with the top

ranked firm, ongoing public outreach and input, planning of recreation facilities and police

station design, short and long-term space requirements for City Hall and Police Services and

negotiation of a final Master Development Agreement. Upon concluding, Ms. Korst and Mr.

McShea responded to Council Members' questions on topics including, but not limited to,

opportunities to lease space as opposed to new build, infrastructure impacts, attainable and

affordable housing, projections for ground rent and tax models, growth rate, and proposed

transfer fee from one firm. Mr. Lukasik commented on the relocation of current recreation fields.

2\. Presentations by Proposers

a. Boca Raton City Center, LLC

David Martin, CEO with Terra, began their presentation with information on their joint venture