City Of Riviera Beach Looks To CBRE To Guide Redevelopment Of 80 Acres

The City of Riviera Beach has hired CBRE as the exclusive agent for the redevelopment of three sites totaling approximately 80 acres across Riviera Beach.

The City intends to optimize existing City owned parcels and replace aging structures by developing a mix of residential, commercial, and retail space.

A developer and local participant workshop will be held on Jan. 24 from 2 to 4 p.m. at the Marina Event Center located at 190 E 13th St. in Riviera Beach.

The three primary sites include approximately 41 acres at 600 and 601 Blue Heron Blvd., approximately 2 acres at 2250 Broadway, and approximately 38 acres on Palm Beach County School Board property bordered by 34th St. to the North, W. 28th St. to the South, and Avenues H and J to the East and West.

The re-imagining of Rivera Beach will include a mix of civic, government, sports, and commercial mix of uses, including but not limited to: Municipal complex, new City Hall, public library, train stop /station, world class recreation center, mixed income multifamily, retail, and green and open space.

“We stand on the precipice of a transformative moment in the history of Riviera Beach,” said Jonathan Evans, City Manager for the City of Riviera Beach. “The redevelopment of our city hall and its surrounding properties is the cornerstone of the ‘Reimagine Riviera Beach’ initiative—a vision dedicated to revitalizing our city and reinforcing pride within our community. We invite partners who appreciate the City’s rich heritage to join us in reshaping Riviera Beach for generations to come.”

The City of Riviera Beach will release an Invitation to Negotiate at the end of January, which will outline specific goals related to the re-imagining of Riviera Beach.

CBRE local expert Clarissa Willis along with Lee Ann Korst, Kevin McShea, and Tess Fleming of CBRE’s Public Institutions and Education Solutions (PIES) will represent the City to solicit, negotiate and engage a developer. CBRE’s PIES Group provides real estate services to state, county, city, and educational institutions around the country.

“The scarcity of large acreage tracts of land in South Florida, coupled with Florida’s business friendly environment and in-migration, makes this project both a unique and highly opportunistic redevelopment,” said Ms. Korst, Southeast Regional Manager of CBRE’s Public Institutions and Education Solutions. “It is the development community’s opportunity to capitalize on current activity and transform Riviera Beach.”