$149M Mixed-Use Project Coming To Oakland Park
Oakland Park selected a partnership of Falcone Group and Kaufman Lynn Construction to redevelop 4 city-owned acres, plus 2 adjacent privately-owned acres, into a massive mixed-use project featuring a woonerf.
The Oakland Park City Commission on Wednesday approved authorizing city staff to begin negotiations on a development agreement with Falcone Group and Kaufman Lynn.
The redevelopment site includes the current city hall building at 3650 Northeast 12th Avenue in downtown Oakland Park. The city-owned property is near Funky Buddha Brewery and a proposed commuter train station that will be serviced by Brightline. The Florida Department of Transportation has recommended the train station be placed in Oakland Park.
A Falcone Group spokesperson stated that the proposed project has an estimated construction cost of $149 million.
A key element of the Falcone-Kaufman Lynn proposal is the placement of a woonerf between two mixed-use buildings. A woonerf is a street in which automobiles and pedestrians share the road and is designed with devices to slow down traffic. Woonerfs were first developed in The Netherlands and one is planned for Wynwood as part of a proposed street and sidewalk improvement project.
The woonerf in downtown Oakland Park proposed by Falcone Group and Kaufman Lynn would feature a botanical garden, a sculpture garden and long narrow green spaces where small retail kiosks and seats could be placed, according to the development team’s proposal.
A building on the redevelopment site’s northern side would entail a mix of office and retail, apartments, live/work units and a parking garage. The roof would be configured as an event space, the proposal states.
On the south side, the partnership is proposing a three-story townhome building and another mixed-use building with retail, apartments and parking.
The winning bidders also plan to relocate a park on the 2 acres of private land that would have to be acquired by Falcone Group and Kaufman Lynn, the proposal states.
Source: The Real Deal