Billionaire Frank McCourt narrowly nabs initial approval for mixed-use project in Wellington

Wellington narrowly approved zoning changes that would allow former Los Angeles Dodgers owner Frank McCourt and Mike Meldman’s Discovery Land Company to transform a polo field into a mixed-use project with homes, an equestrian complex and private club.  On Monday, the village council voted 3 to 2 on first reading to move the Isla Carroll Polo and Residences development forward.  Mayor Michael Napoloeone cautioned that the plans need extensive changes if the developers hope to secure approval for second and final reading in February — despite assurances that the development’s polo field would be used by the United States Polo […]This article originally appeared on The Real Deal. Click here to read the full story.