City discusses CRA and homelessness

SARASOTA – The city and county both desperately want something from each other, but it’s unlikely either will get its wish. For the city, it’s an extension of the Downtown Community Redevelopment Agency, which has funneled $76 million into projects in Newtown and the urban core. Commissioners voiced unanimous approval for extending it — perhaps…

Editorial: Paying for worthy redevelopment

On Monday, Sarasota city commissioners will revisit an issue that has important implications for the future: the community redevelopment district, whose key funding source is scheduled to expire in September 2016. The funding mechanism — known as tax-increment financing — has helped grow the downtown tax base by more than 300 percent since 1986. More…

Miami-Dade County Commission approves Worldcenter tax deal in downtown Miami

The Miami Worldcenter retail and residential complex won approval Tuesday for a special taxing district in the city’s Overtown neighborhood, fending off a fierce challenge by community and labor organizers. At issue was a taxing mechanism designed to let developers fund about $72 million in infrastructure improvements through a special assessment charged on their properties’…

Maitland mainstays to be razed for development

Maitland hot spot Jeremiah’s Italian Ice, along with a long-closed Gooding’s and other businesses, are to be razed in October to make way for apartments, restaurants and a market. Developers say they are finalizing financing, lease deals with tenants, and building permits, with plans for construction to start in about three months on the $65…

Redevelopment wave to hit Coral Gables

Until now, Coral Gables — unflashy, uncool, a Mediterranean-themed bastion of affluent suburban stolidity — seemed a bulwark against the wave of redevelopment that’s swept through neighboring Miami and Miami Beach, turning derelict areas from South Beach to Brickell and Midtown into dense urban enclaves a-glitter with the young and hip. Not that anyone in…