HOLLYWOOD BEACH REDEVELOPMENT HONORED WITH TOP RANKING

BEST PRACTICE CITIES' CATHY SWANSON-RIVENBARK LED COMPLEX PROCESS THAT CREATED WINNING PUBLIC/PRIVATE PARTNERSHIP

The Margaritaville development created hundreds of jobs, a revenue stream for the city that will be worth hundreds of millions and an activity generator that has boosted tourism in the historic beach district between the Atlantic Ocean and Intracoastal Waterway.

“In 2009, the City of Hollywood was teetering on bankruptcy. City attempts to develop the parcel that became Margaritaville had failed three times. 

The result is a 99-year lease agreement that provides the City's General Fund with a significant revenue stream, a 1,000-car parking garage for beach visitors, a catalyst for additional private sector investment and increased foot traffic for hundreds of small Hollywood Beach businesses,” said Cathy Swanson-Rivenbark.