THE CAREFREE 6 @ FLAMINGO 2000 - South Dixie Highway - 2100 West - PowerPoint PPT Presentation

June, 2016 THE CAREFREE 6 @ FLAMINGO 2000 - South Dixie Highway - 2100 West Palm Beach, Florida 1

THE CAREFREE 6 @ FLAMINGO SPONSOR/DEVELOPER: CHARLES S. COHEN COHEN BROTHERS REALTY CORPORATION DEVELOPMENT TEAM: RON DANIELS – DANIELS BROTHERS, INC. MARK FOLEY – GENESIS PARTNERS PALM BEACH LLC RICK GONZALEZ – REG ARCHITECTS, INC. JON SCHMIDT – JON SCHMIDT & ASSOCIATES GREG YOUNG – SQUIRE PATTON BOGGS (US) LLP 2

DESIGN ARCHITECT: ALLAN GREENBERG ARCHITECTS 3

THE CAREFREE 6 @ FLAMINGO THE PROJECT CONTEXT: A REVITALIZED SOUTH DIXIE HIGHWAY CORRIDOR 4

THE CAREFREE 6 @ FLAMINGO THE PROJECT: FOOTPRINT & VICINITY 5

THE CAREFREE 6 @ FLAMINGO PROJECT INSPIRATION: HISTORIC ARCHITECTURE 6

THE CAREFREE 6 @ FLAMINGO THE PROJECT: BIRD’S EYE VIEW 7

THE CAREFREE 6 @ FLAMINGO THE PROJECT: GROUND FLOOR SITE PLAN 8

THE CAREFREE 6 @ FLAMINGO EL FLAMINGO: GROUND FLOOR PLAN 9

THE CAREFREE 6 @ FLAMINGO EL FLAMINGO: 2 ND FLOOR PLAN 10

THE CAREFREE 6 @ FLAMINGO EL CORDOVA: GROUND & 2 ND FLOOR PLANS 11

THE CAREFREE 6 @ FLAMINGO EL FLAMINGO: ELEVATION & THEATER REVEAL 12

THE CAREFREE 6 @ FLAMINGO THE PROJECT: SETBACK DIAGRAMS 13

THE CAREFREE 6 @ FLAMINGO EL FLAMINGO – VIEW FROM SOUTH DIXIE 14

THE CAREFREE 6 @ FLAMINGO EL CORDOVA – VIEW FROM SOUTH DIXIE 15

THE CAREFREE 6 @ FLAMINGO CITY OF WEST PALM BEACH RELIEF REQUESTED Relief requested from the City of West Palm Beach: Site: 1.804 acres (78,598 sf) / 2000 S Dixie (1.226 ac/53,418 sf) / 2100 S Dixie (0.567 ac/25,180 sf) 1) FAR Allowed under Proposed Proposed (not including Code Theatre and Lobby – 35,411 sf) FAR 1.50 2.43 1.98 Total SF 117,960 191,372* 155,961 *Includes Theatre, restaurant, retail & residential 2) DENSITY Allowed under Code Proposed Density 32.26 du/ac 53.77 du/ac Total # of units 58 units 97 units 2000 S Dixie Hwy 39 units 58 units (47.3 du/ac) 2100 S Dixie Hwy 18 units 39 units (68.78 du/ac) 16

THE CAREFREE 6 @ FLAMINGO CITY OF WEST PALM BEACH RELIEF REQUESTED 3) HEIGHT Allowed under Code Proposed Height No Restriction ** 94.6’ (North parcel 66.6’ (South parcel) *May be waived by city commission for all planned development districts. **Over 30 feet abutting residential districts: (a) Single-family districts: Two feet setback for each additional one foot of height. (b) Multifamily districts: One foot setback for each additional one foot of height. 4) SETBACKS a. See waivers chart 5) Lot Coverage/Impermeable Surface/Min. Landscaping/Open Space Allowed under Proposed Code Lot Coverage* 60% 78% Impermeable Surface* 85% 98% Min. Landscaping* 20% Unknown (Streetscape?) Open Space* 40% Unknown *May be waived by city commission for all planned development districts. 17

THE CAREFREE 6 @ FLAMINGO PROJECT BENEFITS & COMMITMENTS Project benefits to property, historic neighborhoods and immediate area & the City of West Palm Beach: Removal of blight for immediate function - Owner to take down buildings now and allow for surface • parking until Carefree 6 at Flamingo project breaks ground Returning a culturally significant asset to West Palm Beach - a neighborhood, world class, art-house • theatre experience at the former site of the Carefree Theater A professionally curated theater experience and dedicated theater use for the life of the project • Carefully planned access into and egress from the Carefree 6 @ Flamingo via South Dixie Highway • Carefree 6 at Flamingo will provide additional Parking to City in an area of need along the South Dixie • Corridor 50+/- parking spaces open to public • Implement the South Dixie Corridor Study Plan along the project’s frontage on South Dixie Highway • Create a more “walkable corridor” with a “sense of place” • Establishment of a live-work-play dynamic • Providing historically significant architecture to this area of the City • Re-establishing a destination for historic West Palm Beach neighborhoods • Providing additional retail and fine dining options along the South Dixie Corridor • Restoration and preservation of the historic 309 Barcelona property • Carefree 6 at Flamingo will be a catalyst for redevelopment along the South Dixie Highway Corridor • 18

THE CAREFREE 6 @ FLAMINGO THANK YOU Q&A 19