CRA Board Approves Development Incentive to Dale’s Wheels & Tires
On April 19, 2022, the Fort Lauderdale City Commission, acting as the Community Redevelopment Agency (CRA) Board of Commissioners, approved a $727,000 CRA incentive to Dale's Wheels & Tires Direct Inc., for the construction and renovation of a commercial development located at 200-250 West Sunrise Boulevard, Fort Lauderdale, FL 33311 . The proposed development includes the renovation and modernization of the existing Dale's wheel and tire business, the construction of a new two-story showroom, customer lounge, and warehouse, as well as the build out of an existing building into four rentable commercial units and storefronts. Dale's Wheels & Tires Direct Inc. will receive funding from the CRA's Development Incentive Program (DIP). DIP is a forgivable loan that seeks to eliminate slum and blight by attracting new businesses to the CRA area and retaining and allowing existing businesses to expand within the...