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P.H. 2023-21: (PUBLIC HEARING)
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, ALLOCATING A MAXIMUM OF 19 FLEX UNITS FOR A PROPOSED HOUSING DEVELOPMENT ON A 4.2 ACRE PROPERTY LOCATED AT 950 NORTH POWERLINE ROAD; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: N/A)
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(Staff Contact: Jean Dolan/David Recor)
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Summary Explanation/Background:
The Applicant (KEITH), on behalf of US Gateway Investments, LLC., is requesting approval for a 128 unit project on a 4.2-acre property located at 950 N. Powerline Road on the east side of Powerline, south of Dr. Martin Luther King, Jr Boulevard and north of NW 9th Street. The project consists of four, 3-story buildings with surface parking. The land use designation on the property is commercial and the zoning is B-3. The mixed-income housing ordinance (Ord. #2022-36) recently adopted by the City Commission identifies the segment of North Powerline Road between Atlantic Boulevard and NW 15th Street as an area where new residential projects requiring the allocation of flex units should be mixed-income with no more than 20% of the units deed restricted for affordable housing. In addition, the recently adopted a City policy by Resolution 2022-185 that requires projects eligible to use County policies 2.16.3 or 2.16.4 to utilize these policies to generate residential entitlements. These two affordable housing related actions work well in tandem for the Gateway Luxury Apartment project. The use of Policy 2.16.3 allows the total flex units requested to be reduced from 128 to 19. The Planning and Zoning Board considered the request on October 26, 2022 and unanimously recommended approval of the flex allocation.
Origin of request for this action: US Gateway Investments, LLC.
Fiscal impact and source of funding: N/A
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