The developer of the Cornerstone complex in Coral Springs is set to receive $753,000 in incentives through the Coral Springs Community Redevelopment Agency (CRA). The funding, classified as tax increment financing, will be awarded to La Boca Partners, led by Rod Sheldon, according to city officials. Sheldon and his team acquired the site of the…
A 13-story building featuring 60 apartments and 60 short-term rentals is slated for the 10,000-square-foot property at 1663 1st Avenue South in downtown St. Pete’s Grand Central District. The St. Petersburg City Council, meeting as the Community Redevelopment Agency (CRA), unanimously approved the plans on Thursday, finding it consistent with the Intown West Redevelopment Plan…
While the historic downtown Sebring buildings provide a quaint experience and a hometown view from Circle Park, it is not a “walk in the park” to restore and renovate these structures. At the Community Redevelopment Agency Board’s Sept. 9 meeting, performance measures and penalties for missed deadlines were discussed as deadlines have been extended over…
The Margate Community Redevelopment Agency (MCRA) amended its fiscal year 2024-2025 budget to allocate $3,757,142 toward redevelopment initiatives. The allocated funds are for land acquisition and sports complex field upgrades. $3,007,142 is earmarked for acquiring strategic properties to support Margate’s redevelopment objectives. This effort aims to bolster economic growth and improve public spaces, aligning with…
The long construction project to turn the once-desolate Park Avenue in downtown Lake Wales into an attractive pedestrian magnet is apparently approaching a conclusion. Once completed, the entire length of Park Avenue will be open for two-way traffic for the first time in nearly two years. Newly-poured concrete sidewalks and curbs are signs that the…
