Economic Benefits

When fully developed, The Village at Gulfstream Park will create:

• $24 million in annual ad valorem taxes
• 3,500 new permanent jobs
• 7,600 temporary jobs
• Over $1 billion in construction value

Traffic Improvement Plan

The Village at Gulfstream Park has committed to both physical and transit improvements.

Physical improvements include

• Light synchronization from A1A to I-95
• Modification of left turn lane at Hallandale Beach Boulevard and Dixie Highway which will reduce wait time dramatically
• I-95 turn lane improvement

Transit improvements include

• $3 million upfront commitment to facilitate the development of a new rail station in vicinity of Hallandale Beach Boulevard and I-95/Dixie Highway
• Improvements to bus headways and bus stations
• Shuttle to Hollywood Rail station

The combined value of the above listed improvements represents a traffic improvement plan that mitigates 30% more trips than the project creates.

Affordable Housing

• The Village at Gulfstream Park will construct 225 affordable/workforce housing units that will be a combination of off-site and on-site development
• The first phase of affordable/workforce housing units will consist of 60 units to be completed prior to the first phase of market rate residential development at The Village at Gulfstream Park

Schools

• The Village at Gulfstream Park has committed $2 million to the School Board of Broward County for improvements to schools within or serving the City of Hallandale Beach.
• This commitment represents approximately three times the required school impact fees.