A new study confirms the latest chatter from real-estate watchers: Miami’s sizzling downtown condo market is cooling down. Skyrocketing construction costs, overheated land prices and falling foreign currencies have finally caught up with a housing market that boomed after the lean years of the recession. But unlike the last go-around, when highly leveraged projects brought…
CRAs drive investment, improving lives and creating jobs right in the neighborhood. Carol Westmoreland, Florida League of Cities cwestmoreland@flcities.com Community Redevelopment Agencies (CRAS) are incredibly successful tools for breathing new life into areas that have been forgotten- the “ghost towns” in the centers of our cities. They uniquely gather all the participants in the urban…
BOYNTON BEACH — It’s a go. On Tuesday night, the Boynton Beach Community Redevelopment Agency board approved giving the 500 Ocean developers about $4.39 million in incentives over the next 10 years to help support the cost of the project. Read full article
BONITA SPRINGS, Fla. – Bonita Springs could be explained in one street — Bonita Beach Road. Read full article
Drive across the city’s downtown, and it’s easy to see a city about to grow expansively. The clanking of construction can be heard from the sites of four buildings that will reach heights of seven to 12 stories. When completed, they’ll provide 1,181 new rental apartments. Two other 12-story buildings are poised to begin construction:…
The month before he died in 2013, Bud Asher, longtime Daytona Beach city commissioner and mayor from 1995 to 2003, called to talk about a list of topics, including community redevelopment areas, known by their initials as CRAs. “I can’t believe the county wants to stop CRAs! Nothing would be happening on the beachside without…
NAPLES – Condos, a pool, gym, café and offices planned for the old Naples Daily News site and waterfront townhomes at Mangrove Bay are among the developments and issues the Naples City Council will discuss during public hearings Wednesday. Read full article
MOUNT DORA—A city initiative to help downtown businesses during the upcoming streetscape project by having raffles will not go forward because it would be against the law. The city was looking at a monthly raffle where people who made a downtown purchase would be eligible for a Mount Dora weekend experience worth up to $750,…
TAMPA — Mark Mathiason will live in his newly finished home only a few weeks before having about 1,000 visitors. That’s because he volunteered his Craftsman-style home to be among the eight Hyde Park residences open Feb. 28 for the annual Historic Hyde Park Home Tour. “Brave is one word, stupid is another,” he quips about…
INVERNESS — City Manager Frank DiGiovanni said he welcomes the county as a partner in the city’s endeavor to expand its community redevelopment area boundaries, but stressed that Inverness will move forward in the best interest of its citizens. “We’re going to take steps with or without the county’s support to help this city,” he…
FORT LAUDERDALE — Thousands of new condos and apartments are coming to downtown, and the county wants them to include places where regular workers can afford to live. The city is seeking Broward County‘s permission to add 5,000 residential units downtown, and officials say they will reserve 750 of them — or 15 percent — for housing…
Gainesville is considering setting up a Community Redevelopment Area in a northwestern part of the city that includes the Koppers Superfund site, a move that could bolster efforts to improve that troubled sector. The Koppers site, Gainesville High School, Stephen Foster Elementary School, nearby shopping centers and the city’s Public Works Complex all fall within…
