The Hollywood Community Redevelopment Agency (CRA) Board met on June 4, 2025, at 9:00 AM in City Hall Commission Chambers. The meeting covered approval of several resolutions, a detailed occupancy and building permit update for downtown Hollywood, and extensive board discussion on vacancies, permit delays, parking, beach improvements, and future priorities.
Larry? So I just want to say I love the sign. Um I think that really makes it stand out, so great job. Uh just to add, I know you're making red eyes, but we know octopus always change color to their um environments. So if there's some way that you can tweak it so that it changes colors to really exemplify what an octopus did, I think it would be an added bonus. Orange for Halloween, you know, you can you can uh change the colors. No, just eyes. Just the eyes. The LED LED ones and have them change because they, you know, to their surroundings. You could have green for St. Patrick's Day, you know, that kind of stuff. Um we have a motion and a second to approve the resolution. All those in favor say aye. Aye. Any opposed, you or not? Item carries unanimously. But Barrett, since you're here, you're finally here, we're giving you an opportunity to come up to the microphone and just say a few words on uh what it's like to own the octopus and and this project. Oh my gosh. Uh octopus has been amazing, smartest thing I ever did, or b smartest business thing I ever did. So um I'm really excited that um uh I would normally say I'm completely excited, right? But I gotta tell you it's scary um messing with something that already works. But with um uh all the uh condos and and improvements coming to downtown, I've got one opportunity to expand over when pinchos became available. So I think this is the right time to do it. It's scary, but it's uh my head tells me it's the right time. So I am excited to uh uh to get a bit of awesome. Well, we love it when business owners like you see what's happening downtown and uh how that's compelling you to step it up on your business, other businesses already have through the assistance of the CRA and some without. And for you to you know take octopus to the next level, uh keep its character, but make it you know more uh more uh larger and just uh more open is really uh a great uh result for us. So thank you so much. Thank you. We're all excited. Yes, you got it. We'll be ready to cut that ribbon whenever it's ready. Yeah. All right. Uh all right, that concludes uh the item. Barrett, you're welcome to stay in because we're gonna have a presentation now on um on the occupancy and some of the empty storefronts downtown and talk about any building permit issues. So if that is of interest to you, then we welcome you to stay and maybe you know spread the word uh with fellow business owners with what you might hear on the next presentations. Uh executive director. So as you said, Mr. Chair, focusing on the downtown now, we regularly talk about the uh the occupancy and the permit issues um as new space becomes available, what the uses are, how the mixes and the vacancy rates are, and also some of the open and live permits and and any issues associated with that. And Lisa's gonna do a presentation for us on it. Also want to thank um since Russell's here, the uh the building division and all of the regulatory reviews and development services for having uh continue to make improvements on expediting not only downtown but throughout the city, um the the processes so that we can encourage more people to not only go through the process but get through the process sooner, get those improvements made, build the tax base and continue to do that in a more efficient fashion. And and we're continuing to work on that uh even more as we go forward so that that's uh good news for everybody on all sides of the equation. But thank you, Lisa. Thank you. Um good morning. Uh for the record, my name is Lisa Leota. I'm the redevelopment and operations manager for the Hollywood CRA. And I'm here before you today to give an update on downtown Hollywood's tenant mix occupancy, rental rate, and open building permits. Now, as many of you know, I I give this presentation on an annual basis, but this year's presentation is a little different because what we've done is we've expanded the trade area.