CRA Approves $7M Funding for The Pierce Project

The Community Redevelopment Agency Board approved a funding package of up to $7 million for BB QOZ, LLC’s mixed-use project "The Pierce" at 115 N. Federal Highway. The Board also shortened the performance milestone period from three to two years to accelerate delivery of housing, jobs, and tax base growth.

Document date · July 14, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$7,000,000

Contract type

OTHER

Contract term

Performance milestone period amended from three years to two years

Renewal

Performance milestone schedule amended from a three-year to a two-year period; future renewals or extensions of the incentive agreement were not discussed in the minutes.

Document type

Minutes

Source document

Community Redevelopment Agency Board Minutes July 14, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Boynton Beach Community Redevelopment Agency?

Bb Qoz Llc was awarded this government contract by Boynton Beach Community Redevelopment Agency, as recorded on July 14, 2026. The contract value is $7,000,000.

How much is the Bb Qoz Llc contract with Boynton Beach Community Redevelopment Agency worth?

The Bb Qoz Llc contract with Boynton Beach Community Redevelopment Agency is valued at $7,000,000.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Community Redevelopment Agency Board Minutes July 14, 2026 (Minutes), dated July 14, 2026 from Boynton Beach Community Redevelopment Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bb Qoz Llc hold?

Bb Qoz 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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