Mayla Pompano: A Catalyst for Economic Revitalization in Pom...

The recent ribbon-cutting ceremony for Mayla Pompano marked a significant milestone in Pompano Beach's redevelopment. Strategically situation between US 1 and the Intracoastal, this luxury residential community is a testament to the visionary leadership of the City and its CRA.

This once overlooked area is now thriving thanks to the Grand Opening of the first market rate rental project within the East CRA District boundaries. Mayla Pompano is adjacent to two Grover Corlew owned and managed Class A office complexes, a commercial mixed-use project currently undergoing a $25 million-dollar redevelopment, which includes exterior and office renovations and the addition of ground floor retail, restaurants and plaza areas to complement the Mayla Pompano lifestyle-oriented community.

Enabled by the East CRA District's strategic use of tax increment financing, Mayla Pompano is poised to not only revitalize the neighborhood but also contribute substantially to the local economy. It is estimated the project will generate tax increment of $944,577 in one year and cumulatively generate $19,022,918 in twenty years.

The community offers a variety of floor plans, and includes 53 work force housing units, along with an array of amenities including a resort-style pool, yoga studio and fitness center, clubhouse, pet grooming facility and so much more!