Greystar Cocomar Logistics Business Park from Atlantic Boulevard
By Bryan Boggiano
The Coconut Creek City Commission will consider multiple items at their July 13 meeting that would make way for the Cocomar Logistics Business Park warehouse development.
The project, built by Greystar, would be located on the northwest corner of Atlantic Boulevard and Lyons Road.
To pave the way for development, the commission will consider items, including a rezoning request, site plan approval, and the project’s various permitted and special land uses.
Preliminary plans for Cocomar Logistics Business Park consist of three buildings with a combined area of 384,000 square feet, sitting on 35.95 acres of land owned by Coolidge, Inc.
Site plans also call for 314 parking spaces, 106 truck bays, an approximately 7-acre wetland/conservation area, a walking trail, and a landscape buffer. There will be two points of entry, one each along Atlantic Boulevard and Lyons Road.
Hours of operation would be from 7 a.m. until 9 p.m. Monday through Saturday and 8 a.m. through 8 p.m. on Sunday.
Proposed developments such as the Cocomar Plaza Planned Commerce District and the Diaz Planned Commerce District came before the Greystar development. On city documents, both of these previous projects had retail zoning classifications.
In 1999, the city approved the Diaz project. Under that approval, developers could include 294,000 square feet of commercial development under a community shopping and regional shopping zoning rule.
In 2008, the city approved the Cocomar Plaza project, which would replace the Diaz project and include 340,000 square feet of commercial space. Planned uses included Lowe’s, Kohl’s, and multiple out parcels.
The proposed property still has a Cocomar Plaza Planned Commerce District zoning designation. The commission will consider changing this to a Greystar Cocomar Planned Commerce District zoning designation.
The commission will also consider approving the permitted uses, which include light manufacturing, flex space, building trades, office space, showrooms, and wholesale trade.
According to city documents, compared to the Cocomar Plaza project, the business park would generate less traffic. There would be 81 percent fewer daily driveway trips, 59 percent fewer in peak a.m. hours, and 78 percent in peak p.m. hours.
City documents note the new development could produce up to 3,204 jobs, one-time impact fees of almost $1.3 million, and over $500,000 in additional tax revenue to the city.
The commission will discuss the proposed Cocomar project at their July 13 meeting, starting at 7 p.m. They will schedule a second reading for the project’s various components if they approve the measures.
Got News in Coconut Creek? Send it Here. Keep reading NW Broward County’s #1 News Sites: Parkland Talk, Coconut Creek Talk, Coral Springs Talk, Margate Talk, and Tamarac Talk.