PLACEMENT: New Business
TITLE:
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CRA - INVESTMENT PROGRAM APPLICATION, 9128 SE BRIDGE ROAD, HOBE SOUND
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EXECUTIVE SUMMARY:executive summary
The Community Redevelopment Agency (CRA) Board is to review a CRA Investment Program
application for Hobe Sound property owner, Barbara K. McLaughlin. The application for the
Property Improvement Program, dated August 14, 2024, is to repair and replace the roof, repave the parking lot, replace the EV Charger, and add an awning to the rear entrance. The building is located in the Core Subdistrict at 9128 SE Bridge Road, in the Hobe Sound CRA.
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BACKGROUND/RELATED STRATEGIC GOAL:
By implementing the CRA Investment Program, the CRA has introduced an additional strategy to
continue its successful redevelopment journey. The attraction of new businesses, retention of
longstanding businesses, assistance to struggling businesses, and strong encouragement of private
investment are all important and vital components of a robust, comprehensive redevelopment
approach.
Buildings that occupy the public realm, if dilapidated and unattractive, contribute to slum and blight,
keep away patrons, discourage business, often are not code compliant, can be unsafe, and do not
fully contribute to the tax rolls. Improving the public realm is exactly what the CRA is intended to do
and encouraging private enterprises to be a partner in the process is not only smart business, but it
greatly increases the chances for long-term successful change. Positive changes made to properties
in the public realm are an excellent investment because they benefit and strengthen the entire
community-residents, businesses, and visitors.
The CRA Board is asked to review the attached application documents for Hobe Sound property
owner, Barbara K. McLaughlin.
LEGAL SUFFICIENCY REVIEW:
This item has been reviewed for legal sufficiency to determine whether it is consistent with applicable
law, and legal staff have identified and addressed legal risks and developed strategies for legal
defensibility, as applicable.
RECOMMENDED ACTION:
The CRA Board is asked (i) to review and approve the Property Improvement application for 9128 SE Bridge Road and (ii) to authorize the reimbursement of project costs once the work is finalized
and inspected, in compliance with the CRA Investment Program documents.
FISCAL IMPACT:
N/A
DOCUMENT(S) REQUIRING ACTION:
N/A
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