Fort Myers’ Downtown and Midtown neighborhoods will soon see more renovation and redevelopment. At a special meeting on Dec. 12 at City Hall, Fort Myers City Council unanimously approved a pair of projects that will simultaneously move the city into the future while preserving its past. Plans are moving forward on both the downtown hotel…
TAMPA — Two major apartment projects — one in downtown St. Petersburg, the other on the water in Tampa’s Gandy Boulevard area — could start construction next year. The Miami-based Related Group, one of Florida’s leading residential developers, announced Monday that it expects to close next week on the site of a proposed 15-story, 354-unit…
The National New Markets Tax Credit (NMTC) Coalition is circulating a public sign-on letter in support of the New Markets Tax Credit (NMTC). As you may know, at the tail end of 2015, as part of the PATH Act, the New Markets Tax Credit (NMTC) was extended for five years through 2019. However, this year,…
Redevelopment is set for a prime downtown location on College Avenue that may include a rooftop terrace overlooking the Florida State University campus. Real estate investors and developers Mike Steiner and Matt McHaffie are restoring a building at 107 W. College Ave. with the hopes of creating a signature mixed-use development. Steiner works for Coldwell Banker Commercial, Hartung…
DADE CITY — A plan is gaining traction to designate a former car dealership near downtown as a brownfield area in order to obtain state economic incentives to clean up the contaminated property. The designation is part of a program administered by the Florida Department of Environmental Protection that seeks to provide economic incentives to…
Holiday Park is expanding as a recreation hub for residents and their four-legged friends. Two new attractions are slated for the east side locale. The YMCA of South Florida plans to construct a new facility to serve the downtown community. And the city of Fort Lauderdale recently broke ground on a dog park. The proposed…
A 68-year-old, two-story apartment complex in Miami’s Little Haiti could be transformed with a zoning proposal allowing towers as tall as 28 stories and up to 5.42 million square feet of development. SPV Realty, managed by Sharon Olson in New York, hired Kobi Karp Architecture to craft a redevelopment plan for its 22.5-acre site at…
Fort Lauderdale, Fla.—Tavistock Development Co. has acquired Fort Lauderdale’s Pier 66 Marina and Hyatt Regency Hotel, a 127-slip mega-yacht marina and a 384-key hotel, in Fort Lauderdale, Fla., from the Blackstone Group for $163 million. Hyatt Regency Pier 66 in For Lauderdale, Fla. “Pier 66 has been an iconic waterfront property for decades, in an…
If offering the Shipyards property on East Bay Street for redevelopment was a good idea in 2015, expanding the offer to include the city’s riverfront property from the west boundary of the Shipyards all the way to the west property line of WJCT may be an even better idea. The Downtown Investment Authority board of…
TAMPA — Construction workers have been digging up the roads in downtown Tampa for months, marking the first steps toward building Strategic Property Partners’ $3 billion vision for the redevelopment of Tampa’s urban core. At its peak, nearly 100 workers are replacing old water and sewer pipes under the roads on Channelside Drive, Morgan and…
Fort Myers is one step closer to reaching its high-tech aspirations. And officials are moving fast to help transform the historic railroad depot into a regional technology hub in the heart of the city. During a special meeting on Monday afternoon, the city council voted 5-0 to approve a 40-year lease with the Southwest Florida…
Paper or plastic? It’s an option most shoppers have. But if one Florida house bill passes, that choice will be eliminated for coastal communities. “I think it’s a really good idea,” shopper Barbara Hubbard said. “We are using more and more paper bags and people are also getting the bags they use over and over.” House…
