The city of Ocala has been working nearly two years with local developers hoping to build a hotel east of the downtown square, and a deal is getting closer to being struck. The City Council recently reviewed a draft agreement that would cost the city $8.2 million to $9.2 million to build a parking garage…
DetailsHabitat for Humanity of Lake-Sumter Florida officials signed a contract Monday for an option to buy land in downtown Leesburg for a veterans’ village, contingent on Habitat being able to secure approval and raise funds for the estimated $3.4 million project. The option is for $275,000 for a little over two acres at the corner…
DetailsA downtown Boca Raton residential complex that languished for 10 years in the planning stages has been revived — now with bigger proportions. Royal Palm Place was approved in 2003 as a 149-unit, downtown apartment complex, part of the mixed-use development on Federal Highway. It received several extensions on its approval until time ran out…
DetailsSARASOTA – A downtown apartment building originally pitched under the banner of affordable housing may go forward with a new developer. But whether any of the apartments will wind up being affordable is another matter. On Monday, the City Commission agreed to let Atlanta-based developer Carter Acquisitions, LLC, move forward with a 10-story apartment building…
DetailsPANAMA CITY — Unlike the other developers, HomeFed/Leucadia is a publicly traded company on the New York Stock Exchange. The motivation behind its marina proposal is to protect its investment, which includes the entire city. HomeFed already has invested $65 million to buy the 700-acre SweetBay development site from the airport board. The plan for…
DetailsPANAMA CITY — Great South President Jason Lewis wants to create a catalyst to drive future development downtown. “We are attempting to create a defacto ‘real estate gold rush’ of people fighting to get in on the ground floor,” Lewis wrote in the questionnaire responses to the Panama City Commission. “But this ONLY works when…
DetailsPANAMA CITY — If city commissioners decide Tuesday to select three developers to work together on a makeover of the Panama City Marina, it could be because the proposals are similar. At the Nov. 4 City Commission meeting, Mayor Greg Brudnicki wanted to combine the top three marina proposals — which for all indications are…
DetailsSARASOTA – Software entrepreneur Jesse Biter’s plans for affordable apartments downtown may have new life with the involvement of another developer. On Monday, attorneys representing the Atlanta-based Carter Acquisitions, LLC, will ask the City Commission to let the project proceed under a new site plan and without paying into the city’s affordable housing trust fund.…
DetailsCRESTVIEW — A yet to be selected Main Street Crestview Association and CRA director will be an hourly position based on the budgeted and advertised $41,511 salary, including benefits. The Community Redevelopment Agency board unanimously approved the measure at its Nov. 10 meeting. Based on the job requirements, City Clerk Betsy Roy recommended the position…
DetailsIn Eatonville, the historic hometown of “Their Eyes Were Watching God” author Zora Neale Hurston, their eyes may soon be watching helicopters soar over eight stories of Lamborghinis, Bentleys and yachts. At least that’s the plan being offered by developers who hope to transform the town into a futuristic commercial hub. The Eatonville Town Council…
DetailsEDGEWATER — Several years of planning will culminate next week when city leaders make their case to the Volusia County Council for the city’s first Community Redevelopment Area, a proposal that will look to rehabilitate a stretch of U.S. 1 and create a new downtown. City officials had originally pitched a 40-year CRA, in which…
DetailsDelray Beach, FL (October 23, 2014)…Downtown Delray Beach DDA District retail and restaurant sales volume from 2008-2013 has increased by $62 million. The additional sales totaled $237,008,429, a 35.4% increase in retail and restaurant business over the past five years. The Delray Beach Downtown Development Authority requests figures from the State of Florida Department of…
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