Thursday, July 6, 2017

The Gulfstream Hotel: Let’s review some dates and there’s news to pass on.

January 17th, 2017 is when this article came out with the following quote:

The latest: Hudson Holdings, the Delray Beach company behind the $70 million restoration, is exploring selling the site, claiming city officials aren’t doing enough to attract more investment in the city.
     “I’m a long-term investor and we want to be part of a city that is moving forward,” Steven Michael, Hudson Holdings co-founder [emphasis added] told The Palm Beach Post late Monday night. “It’s not just about our investment. It’s important that investors follow us and I feel that Lake Worth isn’t promoting that.”

A demolition application was filed at the City of Lake Worth Building Department on March 9th, 2017.

It carried Permit No. 17-00000715 and was for the demolition of the two buildings on the west side of the property. These long-acknowledged eyesores feasibly could have been demolished long before.

The last Lake Worth municipal election was on March 14, 2017. This was after the filing of the demolition application. Then this article comes out on April 4th, 2017 (this happened to be after March 31st, 2017 when the court kicked out the appeal on the lawsuit regarding height). A representative is quoted saying the following:

     Demolishing the derelict structures on the neighboring property began Thursday [March 30th], said Jeff Mustard, a Hudson Holdings spokesman.
     Hudson Holdings received permits for the work months ago, a move which had nothing to do with the court case, Mustard said.

It’s important to note the time between the application for the permit and the beginning of the demolition was 21 calendar days.

Permits were not received “months ago” as reported in the above article.

It’s been confirmed that no additional construction documents have been received for the Gulfstream property by the City as of this date.

What was recently discovered is the CRA, NOT THE DEVELOPER, paid for the demolition of the structures.

This was done with NSP funds and those funds have been used to address blight on properties. The structures were blighting influences; there is no doubt about that. Information regarding the amount and date of the grant is forthcoming.

“Stay Tuned”, as they say.

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