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Community Budget Issue Requests - Tracking Id #1447 |
Gateway Redevelopment |
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Requester: |
Robert Ironsmith |
Organization: |
City of Dunedin |
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Project Title: |
Gateway Redevelopment |
Date Submitted |
1/4/2008 9:32:09 AM |
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Sponsors: |
Fasano |
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Statewide Interest: |
The successful completion of this project will result in improvements to the regional economy, providing new jobs and acting as a catalyst for additional redevelopment |
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Recipient: |
City of Dunedin |
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Contact: |
Robert Ironsmith |
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P.O. Box 1348 |
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Contact Phone: |
(727) 298-3204 |
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Dunedin 34697-1348 |
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Contact email: |
rironsmith@dunedinfl.net |
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Counties: |
Pinellas |
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Gov't Entity: |
Yes |
Private Organization (Profit/Not for Profit): |
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Project Description: |
The City of Dunedin is providing the infrastructure for a new Gateway complex. The 4.1-acre tract, located between Main Street and Skinner Boulevard, will ultimately consist of a mix-use complex of retail, residential and office space. Part of a CRA, this project will act as a catalyst for additional redevelopment efforts. The City's Gateway project includes a new road, underground utilities, parking, landscaping and streetscaping. |
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Is this a project related to a federal or state declared disaster? |
No |
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Measurable Outcome Anticipated: |
The City's infrastructure project is a catalyst for a $35 million multi-use complex. The Gateway project will result in the construction of 40,000 sq. ft. of retail space, 40,000 sq. ft. for office use and 40 residential rental units. Construction of the Gateway complex will require the equivalent of 639 full-time employees. The construction of this project will also create an additional $23 million in personal income and $30 million in Gross County Product. When complete, the complex will produce an estimated 206 direct jobs combining to generate $8 million annually. The total jobs and ouput of the facility would contribute an average of $11.3 million to the Gross County Product each year. |
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Amount requested from the State for this project this year: |
$1,300,000 |
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Total cost of the project: |
$1,550,000 |
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Request has been made to fund: |
Construction |
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What type of match exists for this project? |
Local |
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Cash Amount |
$250,000 |
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Was this project previously funded by the state? |
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No |
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Is future-year funding likely to be requested? |
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No |
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Was this project included in an Agency's Budget Request? |
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No |
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Was this project included in the Governor's Recommended Budget? |
No |
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Is there a documented need for this project? |
Yes |
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Documentation: |
Tampa Bay Regional Planning council economic analysis. |
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Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)? |
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Yes |
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Hearing Body: |
City of Dunedin Commission |
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Is this a water project as described in Section 403.885, Laws of Florida? |
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No |