Delray Beach Community Redevelopment Agency

What Delray Beach Community Redevelopment Agency does

The Delray Beach Community Redevelopment Agency (DBCRA) is a dependent special district established on June 18, 1985 by the City of Delray Beach under Florida Statutes Chapter 163 to revitalize the physical environment and economy of a designated ~1,900-acre redevelopment area covering roughly 20% of the city. Its mandate spans infrastructure improvement, commercial corridor revitalization, cultural development, and affordable housing. Core programs and assets include the long-running GreenMarket (~30 years), the reopened Arts Warehouse at 170 NW 5th Avenue, the Work Space on 5th co-working facility, the Pineapple Grove Arts District, and the SNAP/Fresh Access Bucks food-access program, together with Funding Assistance and Façade Improvement Programs for district property owners and businesses.

Funding flows primarily from tax increment revenues (the CRA first broke $1M in 1999 and reports multi-million-dollar funding in recent years), supplemented by grants, CRA-owned property transactions, and bond issuance. The agency is governed by a five-member Board of Commissioners and supported by approximately 15 staff; in 2023 it added a Redevelopment Advisory Committee (RAC) to formalize community input. Recent activity has emphasized partnerships (notably with the Delray Beach Downtown Development Authority on a November 2025 Small Business Saturday Rewards Pass, and with the Delray Beach Community Land Trust on the Corey Jones Isle affordable housing initiative) and ongoing capital investment in CRA-owned real estate including new medical/office space at 95 SW 5th Avenue and a renovated 102 NW 5th Avenue building. The CRA's design work was externally validated in 2022 when its N.W. 800 Block Project received the AIA Fort Lauderdale Design Award, and the agency is hosting the 2025 Florida Redevelopment Association (FRA) Annual Conference.

Name

Delray Beach Community Redevelopment Agency

Legal name

Delray Beach Community Redevelopment Agency

Website

https://delraycra.org

Company type

Public

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

The Delray Beach Community Redevelopment Agency (DBCRA) is a Florida statutory redevelopment authority that revitalizes a 1,900-acre district covering ~20% of the City via tax-increment-funded infrastructure, commercial corridor, cultural, and affordable housing programs serving district businesses, residents, and property owners.

Ownership category

akta.pro rank

NAICS

Administration of Air and Water Resource and Solid Waste Management Programs (92411)

SIC

Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Solid Waste & Recycling Services Administration (BPAIACAH)

Keywords

• Community redevelopment
• Urban revitalization
• Economic development
• Affordable housing
• Tax increment financing

Headquarters

HQ city

Delray Beach

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Tax Increment Revenues: Primary funding mechanism through tax increment financing. Properties in CRA district do not pay additional taxes; instead, a portion of annual City and County taxes collected in the redevelopment area is transferred to the CRA. Greater increases in taxable property values over the 1985 base year result in larger incremental revenues.
2. Grants: Federal, state, and local grants used for specific redevelopment projects and programs.
3. Property Transactions: Sale or lease of CRA-owned properties contributes to redevelopment funding.
4. Bond Issuance: Issuance of taxable and nontaxable bonds for larger capital projects.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

The Delray Beach CRA is a local government agency that eliminates slum and blight within its 1,900+ acre district by administering tax increment financing, grant programs, and CRA-owned properties. It delivers funding assistance to businesses and property owners, manages affordable commercial spaces, runs community programs such as the GreenMarket, Arts Warehouse, and Work Space on 5th, and coordinates infrastructure, affordable housing, and historic preservation projects in collaboration with residents, property owners, and community organizations.

Product overview

The Delray Beach Community Redevelopment Agency is a local government agency (not a tech product company) that operates community redevelopment programs. Its core offerings include: the GreenMarket (open-air farmers market), Arts Warehouse (artist studios and gallery), Work Space on 5th (coworking), SNAP/Fresh Access Bucks food assistance, and various Funding Assistance Programs for local businesses and property owners. The agency also manages the Redevelopment Advisory Committee and oversees redevelopment projects throughout its 1,900-acre district.

Differentiator

Problem solved

Functional benefit

Brands

• Arts Warehouse: A CRA-funded creative hub in the Pineapple Grove Arts District hosting exhibitions, workshops, and artist studios.
• GreenMarket
• Work Space on 5th
• Curb Appeal Program

Quantifiable outcome

• Over 1,900 acres covered by CRA District
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Delray Beach Downtown Development Authority (DDA)coreStrategic or Co-development Partner · 4 November 2025Jointly announced the Small Business Saturday Rewards Pass program. DDA announced launch of mobile-exclusive Rewards Pass program to support local businesses during shopping events in Downtown Delray.
• Delray Beach Community Land Trust (DBCLT)coreStrategic or Co-development PartnerPartnership for affordable housing projects including Corey Jones Isle development. DBCLT and CRA jointly announced ribbon cutting for Corey Jones Isle affordable housing.
• Community GreeningminorStrategic or Co-development PartnerPartnership for tree planting along streets in the CRA district. Collaboration to plant trees and enhance green spaces in the community.
• Florida Redevelopment Association (FRA)minorOthersProfessional association for CRAs in Florida. Delray Beach CRA attends FRA annual conference and won an award. Hosted 2025 FRA Conference.
• Spady Cultural Heritage MuseumminorStrategic or Co-development PartnerCultural partner receiving A-GUIDE grant funding. Museum celebrating 20th year as vital part of Delray Beach's cultural landscape.
• Arts GarageminorStrategic or Co-development PartnerCultural partner for Juneteenth events and programming.
• Delray Beach Historical SocietyminorStrategic or Co-development PartnerPartner for historic preservation efforts and education.
• Feeding Florida / Fresh Access BucksminorStrategic or Co-development PartnerStatewide food bank network partnership for SNAP and Fresh Access Bucks program at GreenMarket, increasing access to healthy produce for SNAP recipients.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Pompano Beach Community Redevelopment Agency: Nearby Southeast Florida CRA with comparable TIF-based redevelopment operations, small business grant programs, and downtown revitalization scope. Highly comparable in municipal population and district size.
• Boca Raton Community Redevelopment Agency: Adjacent Southeast Florida CRA with the same TIF funding mechanism and redevelopment mandate. Comparable in deliverables (infrastructure, façade programs, downtown revitalization) and oversight structure.
• Fort Lauderdale Community Redevelopment Agency: Large Florida CRA operating multiple redevelopment districts with comparable TIF funding model, business assistance programs, and affordable housing initiatives. Strong alignment in statutory authority and program portfolio.
• Miami Beach Redevelopment Agency: Florida CRA operating under the same statutory framework with similar focus on commercial district revitalization, affordable housing, and historic preservation. Larger scale but directly comparable in mandate and funding model.
• Boynton Beach Community Redevelopment Agency: Neighboring Palm Beach County CRA directly comparable to Delray Beach CRA in geographic scope, statutory framework, and program mix (TIF funding, small business grants, redevelopment projects). Strongest direct geographic comp.
• West Palm Beach Community Redevelopment Agency: Florida CRA operating under the same tax increment financing model with multiple subarea districts. Comparable in mission (community redevelopment, small business assistance, affordable housing) and statutory authority (Florida Statutes Chapter 163), operating in an adjacent Southeast Florida municipality.
• Hollywood Community Redevelopment Agency: Broward County CRA with adjacent geographic context using the same Chapter 163 framework. Comparable focus on downtown revitalization, small business support, and tax increment-financed infrastructure.
• St. Petersburg Community Redevelopment Agency: Florida CRA with TIF-based funding of comparable scope. Operates multiple subarea CRA districts with similar focus on small business assistance, infrastructure, and community programs.
• Tampa Community Redevelopment Agency: Florida CRA managing multiple TIF districts with comparable redevelopment mandate. Strong alignment in business assistance programs, affordable housing, and tax increment financing infrastructure.

Others

• Orlando Downtown Development Board: Florida municipal economic development entity (DDB rather than CRA) with overlapping focus on downtown redevelopment, business support, and community programming. Broader-than-CRA mission but comparable end-customer base of downtown businesses and residents.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCc2j0JhnR8Hx0Hj13RhCJag
• Facebookfacebook.com/DelrayBeachCRA
• Instagraminstagram.com/delraybeachcra
• Xx.com/delraybeachcra
• LinkedInlinkedin.com/company/delray-cra

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Delray Beach Community Redevelopment Agency