Affiliated Development has secured $50 million in additional financing to move forward with an affordable housing project in West Palm Beach’s Northwood Village. The Spruce, an eight-story, multi-family complex located off Spruce Avenue between 24th and 25th Street, will have 270 one-, two- and three-bedroom apartments, with 117 units offered first to city employees at below-market rents.…
The last time the residential tower at 801 Chestnut St. had a change of ownership, it was a blow to local housing advocates. Now the Chestnut Street property is poised to transition once again, this time back to its roots. An investment group is proposing to convert the tower back into affordable housing with city…
The Margate Community Redevelopment Agency (MCRA) approved a project to install three gateway signs as part of the city’s Wayfinding Signage Program. These signs will be located at key entry points along State Road 7 and Atlantic Boulevard, welcoming visitors and enhancing the city’s visual appeal. The signs are part of a Community Aesthetic Feature Agreement…
Big updates could be on the horizon for Lakeland’s Mass Market area. As first reported by The Ledger, the Lakeland Community Redevelopment Agency (CRA) recently shared plans with its advisory board for updates to this portion of the Midtown district, including proposals from architecture firm Straughn Trout. Read more and view all the images here Read more here
Members of the Panama City Community Redevelopment Agency met Wednesday to make some decisions on two beautification projects. The projects were first proposed in about two months. One will focus on the Millville area and another will focus on St. Andrews. They are meant to be gateways into their respective neighborhoods. The CRA’s new landscaping…
Less than a month after St. Pete Rising exclusively reported plans for a 49-story Waldorf Astoria Residences at 150 2nd Avenue South in downtown St. Pete, the project has undergone a significant redesign. New plans, expected to be filed later this month with the City of St. Pete, reveal that the luxury condominium tower will…
The City of Kissimmee, in partnership with the Downtown Kissimmee Community Redevelopment Agency (DKCRA), is launching the Residential Property Improvement Program (RPIP), a new grant initiative aimed at supporting residents of single-family or duplex homes within the DKCRA boundaries. The RPIP provides a 50 percent matching, reimbursable grant up to $5,000 for eligible property improvements.…
Plantation, Fla.-based Invesca Development and the Gold Coast Florida Regional Center, an EB-5 immigration investing program center, have secured a $55.2 million bridge loan to convert Envy Pompano Beach into condominiums. The 214-unit Class A rental property is located in Pompano Beach, Fla. Executives at Forman Capital noted Pompano Beach is in the middle of…
The Rotary Club of Sebring presented their proposal to build a public restrooms building adjacent to the downtown Circle at Tuesday’s City Council meeting. Club president Todd Scholl explained that the club wanted to do a significant service project to commemorate the its 100th anniversary. The Rotary organization’s first service project was to build public…
Next up in plans for new space for the Coral Springs Museum of Art in the Cornerstone development: city officials are considering hiring an architecture firm for $303,040 to handle the museum’s architecture and engineering services. City commissioners are scheduled Wednesday to decide on hiring Wannemacher Jensen Architects, Inc. of St. Petersburg for the project. The…
In 1970, Merritt Square Mall was Brevard County’s first major retail center with more than 810,000 square feet of shopping, common areas, a food court and six-screen movie theater. Currently the mall features four anchor stores, including JC Penney, Dillard’s, Macy’s, Ollie’s Bargain Outlet and the 16-screen CMX Cinemas. The 82-acre tract that the mall…
Those plans called for a three-phase exterior and interior renovation that will include a drive-thru pharmacy. Now, the ball is rolling to meet the need for Southwest Neighbors. In the August 22nd City Hall meeting, commissioners approved a grant request of $159,714. The money will allow the Tallahassee Community Redevelopment Agency to help with the…
