CRA amends Cornerstone tax increment development deal
- Document date
- Sep 29, 2025
- Renews
- Free account
The 30-second brief
The Coral Springs CRA and LA Boca Partners LLC executed a Second Amended and Restated Development and Funding Agreement for the Cornerstone Downtown Coral Springs project, modifying tax increment payment terms and schedules for Limits A and D after completion of key phases. The revised agreement removes a previously terminated hotel phase and extends project completion deadlines while maintaining CRA financial support tied to property tax increments.
La Boca Partners LLC holds this construction contract with City of Coral Springs. Its other public contracts on record include work for City of Creal Springs.
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Contract details
- Contract type
- Construction
- Document date
- September 29, 2025
- Term
- Annual tax increment payments on Limits A and D through the later of December 31, 2031 or CRA sunset/termination date
- Renews
- On record
- Vendor
- La Boca Partners LLC
- Agency
- City of Coral Springs
- Source document
- city-of-coral-springs-board-of-directors-meeting-agenda_ac0.pdf (Agenda)
La Boca Partners LLC's other public contracts
More City of Coral Springs contracts
Questions about this contract
Who was awarded the construction contract by City of Coral Springs?
La Boca Partners LLC was awarded this construction contract by City of Coral Springs, as recorded on September 29, 2025.
What type of contract is this?
This is a Construction contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-coral-springs-board-of-directors-meeting-agenda_ac0.pdf (Agenda), dated September 29, 2025 from City of Coral Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does La Boca Partners LLC hold?
La Boca Partners LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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