TO: Margate CRA Chair and Members of the Board
FROM: Cale Curtis, CRA Executive Director
DATE: July 9, 2026
Title
CITY CENTER INITIAL CONCEPT DESIGN BY BROOKFIELD
BACKGROUND: In April 2023, the MCRA entered into an Agreement with Colliers International Florida, LLC, (Colliers) to provide real estate brokerage, marketing and advisory services for the 50 ± acres in the Margate City Center. In collaboration with the Board, Colliers issued an Offering Memorandum (OM) and the Board ultimately selected Brookfield Properties at the March 12, 2025 meeting. Over the next 12 months a Development Agreement was negotiated which was presented and approved by the Board at the March 11, 2026 MCRA meeting.
Following the Project Schedule with Milestones as set forth in Schedule 1.2 of the Development Agreement, Brookfield Properties are presenting the Initial Concept Design for Phase One.
RECOMMENDATION: For Board Review
FISCAL IMPACT: N/A
CONTACT PERSON: Cale Curtis, CRA Executive Director