MIAMI— A sprawling development's rocky road to Miami city approval came to a favorable end this past Thursday. City commissioners gave New York real estate developer Moishe Mana a green light to move forward with his 25-acre mixed-use project in the city's Wynwood arts district.
According to an article written by GlobeSt.com's sister publication, ALM's Daily Business Review, Mana's development team has worked with the city staff and community members over the past two years to secure approval for a special area plan, a mechanism used for large projects that allows developers to mold zoning within existing regulations.
Because the plan would disrupt the current zoning code, the article says that Mana's team heavily relied on a nod from the Wynwood Business Improvement District, a public group that serves as the neighborhood's development watchdog.
The developer and the district reached a tentative agreement in March, but a contentious debate erupted when the developer tweaked the amount of public benefit funds. The BID withdrew its support after finding the Zika-stricken neighborhood would lose about $7 million to the nearby Overtown neighborhood.
To close the gap, City Commissioner Ken Russell on Thursday suggested the developer fund the burial or relocation of FPL lines within and beyond the project's boundaries.
Click here to read the full article at DailyBusinessReview.com.
MIAMI— A sprawling development's rocky road to Miami city approval came to a favorable end this past Thursday. City commissioners gave
According to an article written by GlobeSt.com's sister publication, ALM's Daily Business Review, Mana's development team has worked with the city staff and community members over the past two years to secure approval for a special area plan, a mechanism used for large projects that allows developers to mold zoning within existing regulations.
Because the plan would disrupt the current zoning code, the article says that Mana's team heavily relied on a nod from the Wynwood Business Improvement District, a public group that serves as the neighborhood's development watchdog.
The developer and the district reached a tentative agreement in March, but a contentious debate erupted when the developer tweaked the amount of public benefit funds. The BID withdrew its support after finding the Zika-stricken neighborhood would lose about $7 million to the nearby Overtown neighborhood.
To close the gap, City Commissioner Ken Russell on Thursday suggested the developer fund the burial or relocation of FPL lines within and beyond the project's boundaries.
Click here to read the full article at DailyBusinessReview.com.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
