The Boynton Beach Community Redevelopment Agency (CRA) is seeking proposals and qualifications from experienced and qualified business operators interested in leasing, leasing with option to purchasing or purchasing the CRA owned properties located at: 211 East Ocean Ave. and 480 East Ocean Ave. The proposals should be creative, innovative and out-of-the box concepts that will enliven the Ocean Avenue corridor. It is important that any concept include regular nighttime activity.

The CRA is encouraging the redevelopment of Ocean Avenue with a strategic course of investment in infrastructure and events.  A mixed-use development of 341 apartments and retail and office is approved at the SW corner of Federal Highway and Ocean Avenue.  Over 3,000 new residential units have been built within the CRA over the last ten years bringing in year-round residents.

211 East Ocean Ave.

The Property is approximately .25 of an acre and was last used as a single-family residence. The existing structure is a two story 1,734 sq. ft. frame vernacular built in 1919.
The City allows for reduced parking ratios within the CRA area, however, the CRA has just completed a 58 space public parking lot with a walkway connecter adjacent to the property providing the public direct access to E. Ocean Avenue. Additionally, there is an additional public parking lot just to the west of the site next to the City's Ocean Avenue Amphitheatre.

The CRA is offering $200,000 towards the renovation of the property. Additionally, the successful Respondent may apply for the CRA's Economic Development Grants which may total up to an additional $110,000 in funding.

480 East Ocean Ave.

The building is a fully renovated 1930’s structure that maintains its character and charm but is fully updated to modern code.  The property was last used as a limited service restaurant.  Currently, the building is not equipped with a full-service kitchen; however a small one can be accommodated if desired.  There is a grease trap on-site.

There are two handicap accessible restrooms, a covered deck for outdoor dining or seating. The seating capacity for the building’s use is 72 including sidewalk café seating as permitted by the City. Total on-site available parking is 13 spaces but there is plenty of available public parking adjacent to the site.

The CRA offers Economic Development grants to help offset the cost of installing a hood system and grease trap or other improvements as deemed necessary by the successful Respondent.  

The CRA has engaged the firm of Prakas & Co. to review and rank the qualified proposals based on the following criteria:

1. Long term viability of the proposed concept for the area market.
2. The ability of the proposed concept to attract visitors to the downtown during day and evening hours.
3. Respondents past experience in the management or ownership of the type of business being proposed.
4. Respondents financial ability to immediately begin to execute the proposed concept.

The ranking will be presented to the CRA Board for their consideration at the regularly scheduled meeting on TUESDAY, FEBRUARY 10, 2015.

The CRA Board has the right to select one proposer to negotiate a lease, lease option or purchase agreement or to reject all proposals.     

To view the property or ask questions regarding this property, please contact Tom Prakas of Prakas & Co. at This email address is being protected from spambots. You need JavaScript enabled to view it. or (561) 368-0003 who is the acting as Commercial Broker for the CRA.