Untap Your Potential in Pompano Beach
Untap Your Potential in Pompano Beach
If you’ve been considering “what’s next” in your entrepreneurial life, we want to help you ‘Untap Your Potential’ in Pompano Beach. This City is rich with opportunities for business owners, investors, restaurateurs, and creatives who are seeking a new base to expand their success.
The recent groundbreaking of Old Town Square, a mixed-use development in the up-and-coming Old Town Arts & Entertainment District, was also a banker-broker-developer event, introducing attendees to the extraordinary areas of our City that are primed for prosperity.
For the past decade, The City and CRA have focused on redeveloping the Old Pompano area and the MLK corridor, east of I-95. The area is perfectly positioned to be Pompano Beach’s “New Downtown.” This area will serve as an impressive economic engine for the City, enabling the City to provide the necessary services to sustain and grow the quality of ‘life and place’ that residents and businesses expect.
The New Downtown area is comprised of three main districts:
The Old Town District- Pompano Beach’s original “downtown” or main commercial district along the railroad tracks, between Flagler Avenue and 1st Street.
The Civic/Cultural District - City Hall, the Library and Cultural Center.
The Innovation District- the area along MLK Boulevard between I-95 and Dixie Highway.
Each of these districts is solidifying their own unique sense of place, and the City and CRA are investing in the public realm to continue to attract new development and create a place for small business owners and entrepreneurs to thrive.
Pompano Beach has a proven track record of redevelopment success. We know many of you remember what the beachfront looked like years ago. Now, with the streetscape improvements that were made to East Atlantic and Ocean Boulevards and the development of the Pompano Beach Fishing Village, the area is thriving and is considered one the best beach destinations in the state. In addition, there have been tremendous improvements along East Atlantic Boulevard including the new façade and improved parking area at Harbor Village Shops, the new Publix, and other enhancements which have helped retain long-term businesses and attracted new ones to these now vibrant areas.
Witnessing this success and experiencing the potential of the area while attending the popular Old Town Untapped events, Adam Adache, Managing Partner of Cavache Properties began a dialogue with the Pompano Beach CRA. This led to a public-private partnership between his company, Wilson Enterprises, and the CRA to bring the $72 million Old Town Square apartment and retail development to the area.
“Our firm’s partners have always had a pioneering spirit, and a strong belief in being a catalyst for positive change in communities. Having witnessed the CRA’s tremendous success with the revitalization of the beachfront, we became convinced that this partnership will usher in a pivotal new phase of development in the area,” stated Adache.
The groundbreaking for this project was just one method for making connections. We have a variety of initiatives and programs to help you discover the possibilities in Pompano Beach. So, whether you stop by the CRA tent at Old Town Untapped on the first Friday of every month, or you call us at…….we can build a future together. https://www.pompanobeachfl.gov...
