Proposed Daytona Beach commercial development gets initial OK, but commissioners uncomfortable with waivers

DAYTONA BEACH — City commissioners gave initial approval Wednesday night to two measures that could allow a planned commercial development on International Speedway Boulevard to move forward, but several of them expressed concerns with the project. Commissioners approved measures that, if given the final OK in two weeks, will allow a planned development zoning designation…

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Lake Worth Community Redevelopment Agency & the Community Land Trust of Palm Beach County Win Statewide Award!

Lake Worth, FL, October 15, 2015 – The Lake Worth Community Redevelopment Agency (CRA) and the Community Land Trust of Palm Beach County have recently been acknowledged by a prestigious statewide organization due to their efforts to provide quality workforce housing in the City of Lake Worth. The Florida Redevelopment Association (FRA) recognized the CRA…

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Downtown Tampa’s SunTrust Financial Centre sold to Highwoods Properties

The 35-story SunTrust Financial Centre in downtown Tampa has been sold to Highwoods Properties, a Raleigh, N.C., company. The company announced in a news release Wednesday that the acquisition is a $124 million investment, 40 percent below estimated replacement cost. The 528,000-square-foot building is currently 89 percent occupied, though some pending departures will bring that…

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Editorial: End of the CRA in Sarasota

Sarasota city officials, who struggled for months to find some way to persuade the County Commission to extend the city’s Community Redevelopment Agency, got their response suddenly last Tuesday. With little attention, the commission voted unanimously to stop funding the 30-year-old agency by September 2016. The CRA takes the part of tax revenues resulting from…

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