Black-Owned Firms Selected to Develop Phase II of Riviera Beach Marina Village

Author  Ann Marie Sorrell

RIVIERA BEACH, FL –The Riviera Beach Community Redevelopment Agency (RBCRA) voted on Wednesday, October 9, 2019 to begin preliminary negotiations with APD Solutions Real Estate Group (APD) and Tezral Partners LLC, for the development of the Riviera Beach Marina, Phase II.  

RBMVThe newly found partnership entitled APD-Tezral will be a joint venture between APD Solutions based in Atlanta, and Tezral Partners based in West Palm Beach. Both firms are 100% minority owned. The action returns Tony Brown of Tezral and former RBCRA Executive Director, to play a leading role in the redevelopment of Riviera Beach.  “As the other co-manager of this venture, Tezral Partners are pleased to be teamed with APD Solutions and we now have the opportunity to complete the work we started.”  Our proposal will complete the redevelopment and provide opportunities for the local community to invest, work as sub-contractors, and secure jobs for local residents from the success of our redevelopment efforts, said Brown.  

Proposals for the development were initially submitted by each firm in July 2018. On May 1, 2019 RBCRA staff requested permission from the CRA board to collect a unified proposal from APD and Tezral. On July 22, 2019 APD-Tezral replied with a joint proposal, meeting all requirements.  “We are honored to have been selected as a result of a rigorous procurement process. With our local partner, Tezral Partners, we plan to make the Riviera Beach Marina Village a destination of choice that empowers community residents with economic opportunity.”, said Vaughn Irons CEO of APD Solutions.  

COMING SOON: MARINA VILLAGE PHASE II                

The state-of-the-art site will feature: 130 Room Hotel, 225,000 square feet of retail/restaurant space, up to 320 apartment units, 1,600 parking spaces, as well as various attractions and entertainment activities that will take place in Bicentennial Park.

Employment: Provide over 1300 local jobs                          

Wealth: Create multi-generational wealth through equity ownership by local minority investors

Commerce: Over 56,000 sq. ft of retail space dedicated to supporting entrepreneurship and growing local businesses

Work & play: 320 units of workforce housing for local residents while developing the most vibrant & active waterfront

For more information on APD-Tezral visit: www.tezralpartners.com and www.apdsolutions.com

To schedule an interview contact: Ann Marie Sorrell, 561-651-9565, This email address is being protected from spambots. You need JavaScript enabled to view it.

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