Brookfield outlines flexible mixed-use development plans for Margate city project

The Margate Community Redevelopment Agency meeting held on March 13, 2025, focused on significant discussions regarding potential development projects in the city. Key players from Brookfield and Related Group presented their proposals, emphasizing the importance of flexibility and community needs in their designs.

Frank Frelichardi from Brookfield highlighted the importance of integrating retail and entertainment options, particularly on the East Side of Margate. He expressed a willingness to adjust their initial proposal to increase retail space, stating that multifamily housing is essential for stability but can be modified based on community feedback. Frelichardi noted that Brookfield has a strong track record in retail development and is currently reimagining their existing properties to better meet market demands.

The conversation also touched on the necessity of creating a vibrant destination area that supports local businesses. Board members expressed concerns about the sustainability of businesses in the area, emphasizing the need for residential units to ensure a steady customer base throughout the week. The discussions revealed a consensus on the importance of attracting quality restaurants and retail establishments to enhance the community's appeal.

Related Group representatives shared their extensive experience in Florida, detailing their current projects and commitment to local development. They reassured board members of their familiarity with Florida's building codes and their capability to deliver high-quality developments. The board members acknowledged the challenge of selecting a partner for the project, noting the impressive qualifications of both Brookfield and Related Group.

As the meeting progressed, board members discussed the potential for a partnership that would best serve Margate's interests. The emphasis on local knowledge and the ability to navigate Florida's regulatory environment emerged as critical factors in the decision-making process. Ultimately, the meeting underscored the community's desire for a development that fosters a lively, integrated environment where residents can live, work, and play.

The agency is expected to continue discussions and evaluate proposals further, aiming to select a development partner that aligns with Margate's vision for growth and revitalization.