Panama City- DIB could ditch debt

PANAMA CITY —  Members of the Downtown Improvement Board (DIB) heard signs of a positive outcome for their debt woes during a special meeting Thursday. Board members originally discussed selling downtown parking lots owned by the DIB to pay its $58,789 in outstanding debt. About $50,000 of the debt is accruing interest at 4.75 percent. DIB members…

A Sarasota building boom, but how big?

SARASOTA – A building boom unlike any the city has seen in almost a decade could soon be underway in Sarasota’s urban core. Some two dozen potential developments in or adjacent to downtown’s Community Redevelopment Area (CRA) are in some stage of construction or planning — and many are stalled projects from the housing bubble of…

Talk of redevelopment district for downtown Venice

VENICE – Business and city leaders regard Venice’s vibrant downtown shopping district as their city’s centerpiece. If downtown experiences an economic decline, they believe the consequences will be felt citywide. That is why City Council member Emilio Carlesimo says he wants a public discussion about the concept of a “community redevelopment area” for downtown. When…

Florida Brownfield Legislation Passes Both Houses

Florida Brownfields Association Applauds Legislature’s Passage of Brownfield Legislation April 30, 2014 – The Florida Brownfields Association (FBA) applauds the Florida Legislature’s passage yesterday of new Brownfield legislation designed to further the cleanup and redevelopment of Brownfield sites, create jobs, and improve Florida’s communities. The legislation will soon be sent to the Florida Governor. “The…