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Daily Archives: February 11, 2016

Old Naples charm part of the focus as candidates for mayor, council debate redevelopment

Redevelopment NewsBy FRAstaffFebruary 11, 2016

Often asked about concerns with a recent surge in downtown redevelopment, Naples mayoral candidates Bill Barnett and John Sorey have both taken a consistent stance — the plans to revitalize Fifth Avenue South have worked, and the city should be careful not to abruptly turn its back on those plans. Their position stems from their…

Port St. Lucie considering buying long-undeveloped City Center land

Redevelopment NewsBy FRAstaffFebruary 11, 2016

PORT ST. LUCIE — City officials are in talks over buying the City Center property owned by enigmatic developer Lily Zhong, according to a bombshell legal filing last week. The filing — part of the Securities and Exchange Commission investment-fraud case against Zhong — reveals that a receiver over Zhong’s frozen assets has been “in…

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