TO: CRA Board of Commissioners
FROM: Christine Tibbs, Assistant Director
THROUGH: Renée A. Jadusingh, Executive Director
DATE: August 28, 2025
Title
UPDATE ON LEASES FOR TWO (2) FIRST FLOOR TENANT BAYS - 98 NW 5TH AVENUE, EDMONDS BAINE BUILDING
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Recommended Action:
Recommendation
No Action Needed.
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Background:
98 NW 5th Avenue, now known as the Edmonds Baine Building, is located within the City of Delray Beach’s West Settler’s Historic District, and the CRA’s Community Redevelopment Plan (Plan) identifies the NW/SW 5th Avenue corridor within the NW & SW 5th Avenue Beautification Project #2.1 (Project #2.1). The objective of Project #2.1 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 if The Set at 98 NW 5th Avenue is one way the Delray Beach CRA is by ensuring that this objective is realized.
On April 30, 2025, the CRA Board approved the Notice of Intent to Lease the remaining two (2) first-floor tenant bays at 98 NW 5th Avenue - Units 103 and 104 (“Notice of Intent”) and a Manual for the Notice of Intent to Lease for Tenants. Each of those bays is approximately 650 square feet, including 1 bathroom and a janitorial closet, and will be leased at an affordable rate of $18 per square foot.
After the Board meeting, CRA staff issued the Notice of Intent on May 5, 2025, for applicants to apply for the open bays, with a submission deadline of June 20, 2025.
The CRA received five (5) submissions by the application deadline. Subsequently, on July 29, 2025, the applications were reviewed by the review committee, which was made up of one (1) City staff member, three (...
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