TO: CRA Board of Commissioners
FROM: Veronica Alfonso, Operations Coordinator
THROUGH: Renée A. Jadusingh, Esq., Executive Director
DATE: January 28, 2025
Title
APPROVE MUTUAL TERMINATION OF LEASE AGREEMENT WITH JERK & LIME AT NICOLE’S HOUSE, LLC LOCATED AT 182 NW 5TH AVENUE AND DIRECTION ON COMPLETING BUILDOUT AT 182 NW 5TH AVENUE
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Recommended Action:
Recommendation
1. Approval to mutually terminate the Lease Agreement with Jerk & Lime at Nicole’s House, LLC located at 182 NW 5th Avenue, effective on February 1, 2025 in a form legally acceptable to the CRA Legal Counsel and authorize the CRA Board Chair to execute all related documents;
AND
2. Direction on completing buildout out at CRA Owned property located at 182 NW 5th Avenue
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Background:
Mutual Termination of Lease Agreement with Jerk & Lime at Nicole’s House, LLC:
Objective of Project #2.1 in the CRA Redevelopment Plan is to revitalize the NW & SW 5th Avenue corridor into a thriving district for neighborhood businesses and cultural activities with the strategic provision of diverse neighborhood shopping, services, and cultural facilities that will serve to enhance overall business activity and pedestrian activity in the area. The construction of affordable commercial, retail, and professional office space in the Northwest Neighborhood is one way the Delray Beach CRA is by ensuring that this objective is realized. In order to revitalize the NW & SW 5th Avenue corridor it is vital that there is business activity on the space.
To assist with furthering this Objective, at the November 17, 2021, CRA Board Meeting, the CRA Board approved a Commercial Lease Agreement with Jerk and Lime at Nicole’s House, LLC (Nicole’s House) for the CRA-owned property located at 182 NW 5th Avenue - The Muse House within the West Settlers Historic District. Located at the intersection of Historic NW 5th Avenue and NW 2nd Street, the Muse House is a historic cottage on the City of Delray Beach’s Local R...
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