New Smyrna Beach CRA: City eyes redevelopment area to boost economy OAK HILL — Creating a community redevelopment area along River Drive between Halifax and Canal avenues might help pump some much-needed funds into the local economy, the city’s mayor says. “I am pretty sold on the idea that it’s a good idea,” said Mayor…
New Push to Redevelop Prime Land on West Atlantic Avenue By Leon Fooksman Over the years, clusters of prime real estate along Delray Beach’s West Atlantic Avenue have stood undeveloped. Builders have proposed plans for shops, offices and housing units, but for various reasons, those projects never materialized. Now, a major landowner, the Delray Beach…
CRA SET TO RELOCATE HISTORIC HOUSE Harvel House moving to Historic Fifth Avenue DELRAY BEACH, Fla.—The Delray Beach Community Redevelopment Agency is relocating a historic single-family structure from 36 SE 1st Avenue to a CRA-owned lot at 186 NW 5th Avenue on Thursday, December 16th, beginning at 5am. The Harvel House, as it is called,…
Downtown trolley now award-winning downtown trolley by Andrew Abramson A trolley ride from CityPlace to Clematis Street just became more prestigious. The Florida Redevelopment Association honored West Palm’s Downtown Development Authority with the “Annual Award for Project Excellence in Transportation Enhancement.” West Palm was one of numerous cities around the country last decade to receive…
Downtown Miami is becoming the new hot place to live and play, with the population increasing and new businesses and entertainment spots popping up all over.
Tax increment financing is a unique tool available to cities and counties for redevelopment activities. It is used to leverage public funds to promote private sector activity in the targeted area. The dollar value of all real property in the Community Redevelopment Area is determined as of a fixed date, also known as the “frozen…
The Boynton Beach Community Redevelopment Agency (CRA) has teamed up with developer Cornerstone Group to include affordable housing at The Preserve, a new master-planned luxury condominium and townhome community under construction in Boynton Beach. Through the joint financing effort, income-eligible buyers can qualify for as much as $160,000 in financial assistance on a condo or…
Apopka The 1998 Community Development Block Grant (CDBG) Commercial Revitalization program began with an award of $750,000 for the downtown CRA District. This grant provided funding for new sidewalks, underground utilities, trees and facade renovations. More than 14,436 lineal feet of new sidewalks were installed, which included brick stamp inlay on 5′ of every 15…
Finding support for redevelopment efforts is more crucial than ever. Local governments are being forced to consider cutting back on spending even for successful programs that benefit the whole community. What should you do to be proactive, respond, or prepare? As an FRA member, you have several resources. One is a full menu of public…
