Title
MOTION TO APPROVE THE DEVELOPER'S AGREEMENT BETWEEN THE CITY OF PEMBROKE PINES AND PEMBROKE ALMC REAL ESTATE, LLC FOR EXTENSION AND INSTALLATION OF WATER, SEWER, AND LIFT STATION FACILITIES.
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. On January 30, 2019, the City of Pembroke Pines (City) entered into an agreement to sell +/-3 acres of land within the City Center development to Providence One Investments LLC (Providence Living) also known as Pembroke ALMC Real Estate,LLC.
2. Providence Living received site plan approval from the City Commission on April 15, 2020, subject to satisfaction of comments by the Environmental Services Division for water, sewer and lift station requirements.
3. Consistent with the terms of the agreement for purchase and sale, the City and Providence Living closed on the real estate transaction on February 16, 2022.
4. The Providence project was the first of three City parcels to be developed that make up the City Hall plat:
(1) Parcel A is +/- 6.5 acres being developed by HCA with a free-standing emergency room, that is currently under construction at the former City Hall site.
(2) Parcel B is +/- 3 acres under contract with Terra for the development of 90 market rate apartment units, which is currently under contract.
(3) Parcel C +/- 3 acres developed by Providence Living with 130 bed assisted living facility (ALF). The ALF opened in spring 2024.
5. The parcels at the City Hall plat required the assistance of a lift station. Since the Providence Living project was the first of the three parcels to be developed, Providence Living agreed to build the lift station to provide the needed water, sewer and lift station for all of the properties pursuant to the City’s design plan requirements. As a result, the City agreed to reimburse Providence Living for the difference between the City’s design requirements and their estimated usage.
6. Providence Living installed the ne...
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