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…