Hoping to build on the momentum generated by two major companies to its Corporate Park, Coral Springs is planning to give the facility a major face-lift, even as it tries to woo other businesses to the city.
As part of the efforts to improve the facilities at the park and its curb appeal, the city will soon set into motion the process of creating a special dependent district. Once the district is created, property owners within the facility will pay a special assessment, with the money thus collected being used for improving the park.
Apart from seeking input from property owners in the Corporate Park, the city will also conduct a survey and hire a company to do a needs assessment. Two town hall meetings on the issue will also be held before the end of the year. The creation of the district is expected to take about 18 months.
“It is a long process; it is not something that happens overnight,” said Ana Zeinieh, the city’s chief economic development officer, who is currently busy meeting property owners within Corporate Park. “I need to have their buy in. I want their interest in order to fix the area.”
Meetings with property owners have left Zeinieh impressed. “Most say that the facility needs a face-lift,” she said. “All they want is an assurance that the dollars collected from them will remain within the Corporate Park.”
The facility, spread over 422 acres, has 90 property owners. The Property Owners’ Association, however, has only 17 members. There was an attempt by the association to improve the facility on their own, but that attempt soon fizzled out.
A majority of the businesses currently in the park are industrial properties.
There is a general consensus among officials and staff that the facility needs substantial improvement if the city wants to compete with other cities in the region.
“We want to make the facility more attractive to businesses,” said Zeinieh, who recently toured similar facilities in cities, such as Sunrise, Tamarac and Miramar. “Miramar has a great corporate park; it looks great. We have to make our Corporate Park more appealing to businesses. We have to improve infrastructure and signage.”
“There is no doubt that the facility needs improvement,” said Commissioner Dan Daley. “The Corporate Park has a lot of potential; we just need to make it more attractive for businesses. We will be able to make that happen by creating the special district.”
Lupin, a major pharmaceutical company with its headquarters in India, opened a research center at Corporate Park earlier this month. Another major company that is moving in is Hoerbiger Corporation of America, a leading international manufacturer and supplier of compression valve systems for the natural gas industry.
Hoerbiger plans to create 420 jobs and retain 277 employees when it moves to Coral Springs.
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