CONTRACTPENDING

Currie Park Restaurant Lease Proposed for Breakwater

City of West Palm Beach logoCity of West Palm Beach
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

What it covers

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.

Who holds it

Breakwater Hospitality Group LLC holds this facilities contract with City of West Palm Beach.

What happens next

Term as filed: 20 years with one optional 10-year extension.

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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
Source document
City of West Palm Beach Agenda City Commission Meeting 2026-11-09 (Agenda)

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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.

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