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Broward Votes 7-2 Against Auctioning 22-Acre Pompano Site

Commissioners voted 7-2 not to start bidding on the 22-acre Alpha 250 parcel in Pompano Beach, with an Oct. 11 settlement deadline days away.

Edited by Stephanie Cook · How we report
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7-2commission vote against the sale resolution
22 acresAlpha 250 site, Pompano Beach
$11.5Mmarket value per Broward property appraiser
Oct. 11settlement deadline to start bidding

Broward County commissioners voted 7-2 on Tuesday not to start the bidding process for a 22-acre industrial parcel in Pompano Beach, even though a 2015 settlement with 18 cities says the county must put it up for auction.

The land is the vacant “Alpha 250 Property” on Blount Road, north of West Copans Road, according to The Real Deal. The county now sits days from a settlement deadline with no auction launched.

Why it matters

Industrial land in central Broward is scarce, and a 22-acre general-industrial parcel is the kind of site developers chase for logistics and flex space. This one is stuck in a fight between the county and the cities that share its old garbage-system assets, not in a market process.

The cities sued in 2013 over how to divide the assets of the county’s former solid-waste disposal system after a 1986 agreement expired. The 2015 settlement requires the county to auction Alpha 250 and split the proceeds among the municipalities. The sale has been delayed several times through amendments.

The numbers

The Broward County property appraiser puts the market value at $11.5 million, per The Real Deal. The commission rejected the sale resolution 7-2. The county has until Oct. 11 to start bidding, county documents show.

Mayor Mark Bogen said Coconut Creek asked him to delay the sale, and that the city wanted to know why the county was not exploring workforce and affordable housing on the site. No developer or bidder was named in the reporting.

What’s next

The vote leaves the county at risk of breaching the settlement if nothing changes by Oct. 11. The cities that expect sale proceeds could press the county, or the parties could negotiate another amendment, as has happened before. Neither step had been announced.

A housing use would also need a land-use change from the current industrial designation, which is not before the commission. Watch the next commission agenda and any amendment filed with the 18 municipalities. More on the region is on the South Florida hub.

Sources

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