Currie Park Restaurant Lease Proposed for Breakwater
- Disclosed value
- Base rent of $150,000, increasing 3% annually; percentage rent of 3% of gross revenue above the $10 million breakpoint
- From agenda
- Document date
- Nov 3, 2026
The 30-second brief
West Palm Beach is considering a 20-year ground lease and development agreement with Breakwater Hospitality Group for a Currie Park restaurant and event venue. The lease provides for $150,000 base rent with annual 3% increases, percentage rent, and a potential 10-year extension.
Breakwater Hospitality Group LLC holds this facilities contract with City of West Palm Beach.
Term as filed: 20 years with one optional 10-year extension.
See who decides the next one before it's bid.
Get pre-RFPs freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Facilities
- Amount
- Base rent of $150,000, increasing 3% annually; percentage rent of 3% of gross revenue above the $10 million breakpoint
- Document date
- November 3, 2026
- Term
- 20 years with one optional 10-year extension
- Vendor
- Breakwater Hospitality Group LLC
- Agency
- City of West Palm Beach
- Source document
- City of West Palm Beach Agenda City Commission Meeting 2026-11-09 (Agenda)
More City of West Palm Beach contracts
Questions about this contract
Who was awarded the facilities contract by City of West Palm Beach?
Breakwater Hospitality Group LLC was awarded this facilities contract by City of West Palm Beach, as recorded on November 3, 2026. The contract value is Base rent of $150,000, increasing 3% annually; percentage rent of 3% of gross revenue above the $10 million breakpoint.
How much is the Breakwater Hospitality Group LLC contract with City of West Palm Beach worth?
The Breakwater Hospitality Group LLC contract with City of West Palm Beach is valued at Base rent of $150,000, increasing 3% annually; percentage rent of 3% of gross revenue above the $10 million breakpoint, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of West Palm Beach Agenda City Commission Meeting 2026-11-09 (Agenda), dated November 3, 2026 from City of West Palm Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 1 more question
What is City of West Palm Beach currently buying?
Explore City of West Palm Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.