Margate CRA Approves Development Agreement with New Urban Communities for 36-Acre City Center Project

Frank Talerico and Diane Colonna

MARGATE, Fla., July 18, 2016 (SEND2PRESS NEWSWIRE) — On July 12, 2016, the Margate Community Redevelopment Agency (MCRA) approved an agreement with South Florida’s New Urban Communities for development of a 36-acre mixed use town center at State Road 7 and Margate Boulevard. The plan will provide 968 apartment units, 100,000 sq. ft. of retail and restaurants, an 80+ room hotel, and numerous civic uses–all within walking distance of each other.